In-Vehicle Connectivity Market is expected to witness significant growth to 2024 - PowerPoint PPT Presentation

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In-Vehicle Connectivity Market is expected to witness significant growth to 2024

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Global In-Vehicle Connectivity Market size will rapidly grow in the coming years due to growing demand for convenience, safety, luxury, and comfort among consumers. Request for an in-depth table of contents for this report @ – PowerPoint PPT presentation

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Title: In-Vehicle Connectivity Market is expected to witness significant growth to 2024


1
In-Vehicle Connectivity Market Sees Promising
Growth by during 2019 to 2025 Global Market
Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Regional Analysis of In-Vehicle Connectivity
Market
  • Asia Pacific is estimated to grow at a
    significant CAGR in the in-vehicle connectivity
    market due to rising disposable income and
    spending on luxury premium vehicles in
    developing countries including China, India, and
    Indonesia. The growing IoT infrastructure
    development coupled with the rising internet
    penetration will contribute to the market growth
    in the region.
  • The presence of prominent automakers, such as
    Toyota, Honda, and technology players such as
    Alibaba in the region, are supporting the market
    growth. These players are also focusing on
    strategic alliances with other key players to
    enhance in-vehicle connectivity services for
    automakers, proliferating the in-vehicle
    connectivity market. For instance, in April 2018,
    Alibaba AI Labs partnered with major automotive
    OEMs including Audi AG, Daimler AG, and Volvo AB
    to supply AI technology for home-to-vehicle
    connectivity in China.

3
  • Application Analysis of In-Vehicle Connectivity
    Market
  • Parallel growth for Internet Service Providers
    (ISP) is anticipated to drive the growth of
    in-vehicle connectivity market. Parallel growth
    of ISP will influence the connected vehicles
    market as well as enable connectivity systems
    embedded within the car for a hassle-free driving
    experience. The increase in the demand for driver
    assistance systems is expected to drive the
    growth of market as it will help in hassle-free
    parking and fuel purchase from dashboards without
    requiring any cards or devices to complete the
    purchase.
  • By vehicle type, passenger vehicles are
    anticipated to hold the largest market share in
    the in-vehicle connectivity market due to the
    growing demand for luxury, safety, convenience,
    and comfort in the vehicle environment. The
    increasing demand for in-vehicle infotainment,
    payment services for hassle-free, secure, and
    safe driving experience is fueling the market.
    The growing demand for road-side assistance
    through telematics solutions in passenger
    vehicles is anticipated to drive the market.

4
Competitive Market Share of In-Vehicle
Connectivity Market
  • OEMs are focusing on developing partnerships with
    infotainment players, infrastructure,
    cybersecurity, and application design
    development. For instance, in July 2018, Ford
    partnered with Baidu for joint development of
    technology related to connectivity and
    infotainment systems. According to the
    partnership, Baidu is expected to supply its
    DuerOS conversational AI platform for future
    infotainment systems enable more sophisticated
    voice recognition and other features in vehicles
    manufactured by Ford.
  • Some of the key market players of in-vehicle
    connectivity market, which include automotive
    manufacturers are Audi AG, Baidu, Inc., BMW AG,
    Continental AG, Daimler AG, Ford Motor Company,
    General Motors Company, Harman International
    Industries Inc., Honda Motor Co. Ltd., Hyundai
    Motor Corporation, IBM Corporation, Panasonic
    Corp., Tesla Inc., Toyota Motor Corporation, and
    Volvo AB.

5

Browse Full Market Research Report On In-Vehicle
Connectivity Market http//bit.ly/2JqGdIa Reque
st for an in-depth table of contents for this
report _at_ http//bit.ly/2LjjwI7 Console Market

6
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