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Synopsis
The global Internet of Vehicle market size is expected to reach US$ 419260 million by 2029, growing at a CAGR of 18.9% from 2023 to 2029. The market is mainly driven by the significant applications of Internet of Vehicle in various end use industries. The expanding demands from the Vehicle-To-Vehicle, Vehicle-To-Infrastructure and Others,, are propelling Internet of Vehicle market. Bluetooth, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Cellular segment is estimated at % CAGR for the next seven-year period.
The of Vehicles (IoV) is a concept that refers to the interconnectedness of vehicles, infrastructure, and various smart devices through the use of the internet and communication technologies. It aims to improve transportation systems, enhance road safety, and provide a better driving experience by enabling vehicles to share data and communicate with each other and with the surrounding environment. Here are some key aspects and driving factors of the Internet of Vehicles:
1. **Vehicle-to-Vehicle (V2V) Communication**: IoV enables vehicles to exchange information with nearby vehicles, such as their position, speed, direction, and status. This communication helps improve road safety by providing warnings and alerts about potential hazards and enabling collaborative actions among vehicles.
2. **Vehicle-to-Infrastructure (V2I) Communication**: IoV allows vehicles to communicate with infrastructure elements, such as traffic lights, road signs, toll stations, and parking systems. This communication can provide real-time traffic information, optimize traffic flow, and enhance transportation efficiency.
3. **Connectivity and Sensors**: IoV relies on the availability of reliable connectivity, such as cellular networks or dedicated short-range communication (DSRC). Vehicles are equipped with various sensors, including GPS, radar, cameras, and vehicle diagnostics systems, which provide data for communication and decision-making.
4. **Assisted and Autonomous Driving**: IoV plays a significant role in the development of assisted and autonomous driving technologies. By sharing data and information, vehicles can make more informed decisions, assist drivers in complex situations, and enable autonomous vehicles to navigate safely and efficiently.
5. **Safety and Collision Avoidance**: IoV aims to enhance road safety by enabling vehicles to exchange real-time information about potential dangers, such as accidents, hazards, or road conditions. This allows for early warnings, collision avoidance systems, and intelligent adaptive cruise control.
6. **Traffic Management and Efficiency**: IoV offers opportunities for improving traffic management and optimizing transportation systems. By leveraging data from connected vehicles and infrastructure, traffic flow can be monitored, congestion can be reduced, and routing and scheduling can be optimized.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Internet of Vehicle, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Internet of Vehicle market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Internet of Vehicle market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Internet of Vehicle sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Internet of Vehicle covered in this report include Ford Motor, Texas Instruments, Audi AG, Intel Corporation, SAP, NXP semiconductors, Apple, Google and IBM, etc.
The global Internet of Vehicle market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Global Internet of Vehicle market, by region:
Global Internet of Vehicle market, Segment by Type:
Global Internet of Vehicle market, by Application
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Internet of Vehicle companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index
1 Market Overview of Internet of Vehicle
1.1 Internet of Vehicle Market Overview
1.1.1 Internet of Vehicle Product Scope
1.1.2 Internet of Vehicle Market Status and Outlook
1.2 Global Internet of Vehicle Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Internet of Vehicle Market Size by Region (2018-2029)
1.4 Global Internet of Vehicle Historic Market Size by Region (2018-2023)
1.5 Global Internet of Vehicle Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Internet of Vehicle Market Size (2018-2029)
1.6.1 North America Internet of Vehicle Market Size (2018-2029)
1.6.2 Europe Internet of Vehicle Market Size (2018-2029)
1.6.3 Asia-Pacific Internet of Vehicle Market Size (2018-2029)
1.6.4 Latin America Internet of Vehicle Market Size (2018-2029)
1.6.5 Middle East & Africa Internet of Vehicle Market Size (2018-2029)
2 Internet of Vehicle Market by Type
2.1 Introduction
2.1.1 Bluetooth
2.1.2 Cellular
2.1.3 Wi-Fi
2.1.4 NFC
2.1.5 Other
2.2 Global Internet of Vehicle Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Internet of Vehicle Historic Market Size by Type (2018-2023)
2.2.2 Global Internet of Vehicle Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Internet of Vehicle Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Internet of Vehicle Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Internet of Vehicle Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Internet of Vehicle Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Internet of Vehicle Revenue Breakdown by Type (2018-2029)
3 Internet of Vehicle Market Overview by Application
3.1 Introduction
3.1.1 Vehicle-To-Vehicle
3.1.2 Vehicle-To-Infrastructure
3.1.3 Others
3.2 Global Internet of Vehicle Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Internet of Vehicle Historic Market Size by Application (2018-2023)
3.2.2 Global Internet of Vehicle Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Internet of Vehicle Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Internet of Vehicle Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Internet of Vehicle Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Internet of Vehicle Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Internet of Vehicle Revenue Breakdown by Application (2018-2029)
4 Internet of Vehicle Competition Analysis by Players
4.1 Global Internet of Vehicle Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Internet of Vehicle as of 2022)
4.3 Date of Key Players Enter into Internet of Vehicle Market
4.4 Global Top Players Internet of Vehicle Headquarters and Area Served
4.5 Key Players Internet of Vehicle Product Solution and Service
4.6 Competitive Status
4.6.1 Internet of Vehicle Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Ford Motor
5.1.1 Ford Motor Profile
5.1.2 Ford Motor Main Business
5.1.3 Ford Motor Internet of Vehicle Products, Services and Solutions
5.1.4 Ford Motor Internet of Vehicle Revenue (US$ Million) & (2018-2023)
5.1.5 Ford Motor Recent Developments
5.2 Texas Instruments
5.2.1 Texas Instruments Profile
5.2.2 Texas Instruments Main Business
5.2.3 Texas Instruments Internet of Vehicle Products, Services and Solutions
5.2.4 Texas Instruments Internet of Vehicle Revenue (US$ Million) & (2018-2023)
5.2.5 Texas Instruments Recent Developments
5.3 Audi AG
5.3.1 Audi AG Profile
5.3.2 Audi AG Main Business
5.3.3 Audi AG Internet of Vehicle Products, Services and Solutions
5.3.4 Audi AG Internet of Vehicle Revenue (US$ Million) & (2018-2023)
5.3.5 Intel Corporation Recent Developments
5.4 Intel Corporation
5.4.1 Intel Corporation Profile
5.4.2 Intel Corporation Main Business
5.4.3 Intel Corporation Internet of Vehicle Products, Services and Solutions
5.4.4 Intel Corporation Internet of Vehicle Revenue (US$ Million) & (2018-2023)
5.4.5 Intel Corporation Recent Developments
5.5 SAP
5.5.1 SAP Profile
5.5.2 SAP Main Business
5.5.3 SAP Internet of Vehicle Products, Services and Solutions
5.5.4 SAP Internet of Vehicle Revenue (US$ Million) & (2018-2023)
5.5.5 SAP Recent Developments
5.6 NXP semiconductors
5.6.1 NXP semiconductors Profile
5.6.2 NXP semiconductors Main Business
5.6.3 NXP semiconductors Internet of Vehicle Products, Services and Solutions
5.6.4 NXP semiconductors Internet of Vehicle Revenue (US$ Million) & (2018-2023)
5.6.5 NXP semiconductors Recent Developments
5.7 Apple
5.7.1 Apple Profile
5.7.2 Apple Main Business
5.7.3 Apple Internet of Vehicle Products, Services and Solutions
5.7.4 Apple Internet of Vehicle Revenue (US$ Million) & (2018-2023)
5.7.5 Apple Recent Developments
5.8 Google
5.8.1 Google Profile
5.8.2 Google Main Business
5.8.3 Google Internet of Vehicle Products, Services and Solutions
5.8.4 Google Internet of Vehicle Revenue (US$ Million) & (2018-2023)
5.8.5 Google Recent Developments
5.9 IBM
5.9.1 IBM Profile
5.9.2 IBM Main Business
5.9.3 IBM Internet of Vehicle Products, Services and Solutions
5.9.4 IBM Internet of Vehicle Revenue (US$ Million) & (2018-2023)
5.9.5 IBM Recent Developments
5.10 Cisco Systems
5.10.1 Cisco Systems Profile
5.10.2 Cisco Systems Main Business
5.10.3 Cisco Systems Internet of Vehicle Products, Services and Solutions
5.10.4 Cisco Systems Internet of Vehicle Revenue (US$ Million) & (2018-2023)
5.10.5 Cisco Systems Recent Developments
6 North America
6.1 North America Internet of Vehicle Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Internet of Vehicle Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Internet of Vehicle Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Internet of Vehicle Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Internet of Vehicle Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Internet of Vehicle Market Dynamics
11.1 Internet of Vehicle Industry Trends
11.2 Internet of Vehicle Market Drivers
11.3 Internet of Vehicle Market Challenges
11.4 Internet of Vehicle Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research