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Internet of Vehicles (IoV)-Global Market Insights and Sales Trends 2025
Synopsis
Internet of Vehicles (IoV) helps a vehicle to connect to the nearby vehicle or other traffic infrastructure using a wireless network. Through this technology the vehicles send floating data to the base area located at long distances. It helps the user to locate the vehicle as well as the ones around. In addition to it, the vehicles detect the speed and distance of the nearby vehicle and manage self-speed accordingly.
The global Internet of Vehicles (IoV) market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Internet of Vehicles (IoV) in various end use industries. The expanding demands from the Vehicle-To-Vehicle, Vehicle-To-Infrastructure and Others,, are propelling Internet of Vehicles (IoV) 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.
Factors such as rising internet penetration, growth associated with connected devices, increase in presence of automation solutions in automotive industry, introduction of Logistics4.0, drive the internet of vehicle market growth. However, inefficiency in determining the exact vehicle position and loss of floating data due to obstacles are expected to hamper the market growth during the forecast period.
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 Vehicles (IoV), 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 Vehicles (IoV) 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 Vehicles (IoV) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Internet of Vehicles (IoV) 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 Vehicles (IoV) covered in this report include Ford Motor, Texas Instruments, Audi, Intel, SAP, NXP Semiconductors, Apple, Google and IBM, etc.
The global Internet of Vehicles (IoV) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Ford Motor
Texas Instruments
Audi
Intel
SAP
NXP Semiconductors
Apple
Google
IBM
Cisco Systems
Global Internet of Vehicles (IoV) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Internet of Vehicles (IoV) market, Segment by Type:
Bluetooth
Cellular
Wi-Fi
NFC
Others
Global Internet of Vehicles (IoV) market, by Application
Vehicle-To-Vehicle
Vehicle-To-Infrastructure
Others
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 Vehicles (IoV) 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
Internet of Vehicles (IoV) helps a vehicle to connect to the nearby vehicle or other traffic infrastructure using a wireless network. Through this technology the vehicles send floating data to the base area located at long distances. It helps the user to locate the vehicle as well as the ones around. In addition to it, the vehicles detect the speed and distance of the nearby vehicle and manage self-speed accordingly.
The global Internet of Vehicles (IoV) market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Internet of Vehicles (IoV) in various end use industries. The expanding demands from the Vehicle-To-Vehicle, Vehicle-To-Infrastructure and Others,, are propelling Internet of Vehicles (IoV) 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.
Factors such as rising internet penetration, growth associated with connected devices, increase in presence of automation solutions in automotive industry, introduction of Logistics4.0, drive the internet of vehicle market growth. However, inefficiency in determining the exact vehicle position and loss of floating data due to obstacles are expected to hamper the market growth during the forecast period.
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 Vehicles (IoV), 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 Vehicles (IoV) 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 Vehicles (IoV) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Internet of Vehicles (IoV) 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 Vehicles (IoV) covered in this report include Ford Motor, Texas Instruments, Audi, Intel, SAP, NXP Semiconductors, Apple, Google and IBM, etc.
The global Internet of Vehicles (IoV) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Ford Motor
Texas Instruments
Audi
Intel
SAP
NXP Semiconductors
Apple
IBM
Cisco Systems
Global Internet of Vehicles (IoV) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Internet of Vehicles (IoV) market, Segment by Type:
Bluetooth
Cellular
Wi-Fi
NFC
Others
Global Internet of Vehicles (IoV) market, by Application
Vehicle-To-Vehicle
Vehicle-To-Infrastructure
Others
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 Vehicles (IoV) 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
Index1 Market Overview of Internet of Vehicles (IoV)
1.1 Internet of Vehicles (IoV) Market Overview
1.1.1 Internet of Vehicles (IoV) Product Scope
1.1.2 Internet of Vehicles (IoV) Market Status and Outlook
1.2 Global Internet of Vehicles (IoV) Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Internet of Vehicles (IoV) Market Size by Region (2018-2029)
1.4 Global Internet of Vehicles (IoV) Historic Market Size by Region (2018-2023)
1.5 Global Internet of Vehicles (IoV) Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Internet of Vehicles (IoV) Market Size (2018-2029)
1.6.1 North America Internet of Vehicles (IoV) Market Size (2018-2029)
1.6.2 Europe Internet of Vehicles (IoV) Market Size (2018-2029)
1.6.3 Asia-Pacific Internet of Vehicles (IoV) Market Size (2018-2029)
1.6.4 Latin America Internet of Vehicles (IoV) Market Size (2018-2029)
1.6.5 Middle East & Africa Internet of Vehicles (IoV) Market Size (2018-2029)
2 Internet of Vehicles (IoV) 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 Others
2.2 Global Internet of Vehicles (IoV) Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Internet of Vehicles (IoV) Historic Market Size by Type (2018-2023)
2.2.2 Global Internet of Vehicles (IoV) Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Internet of Vehicles (IoV) Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Internet of Vehicles (IoV) Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Internet of Vehicles (IoV) Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Internet of Vehicles (IoV) Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Internet of Vehicles (IoV) Revenue Breakdown by Type (2018-2029)
3 Internet of Vehicles (IoV) 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 Vehicles (IoV) Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Internet of Vehicles (IoV) Historic Market Size by Application (2018-2023)
3.2.2 Global Internet of Vehicles (IoV) Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Internet of Vehicles (IoV) Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Internet of Vehicles (IoV) Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Internet of Vehicles (IoV) Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Internet of Vehicles (IoV) Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Internet of Vehicles (IoV) Revenue Breakdown by Application (2018-2029)
4 Internet of Vehicles (IoV) Competition Analysis by Players
4.1 Global Internet of Vehicles (IoV) 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 Vehicles (IoV) as of 2022)
4.3 Date of Key Players Enter into Internet of Vehicles (IoV) Market
4.4 Global Top Players Internet of Vehicles (IoV) Headquarters and Area Served
4.5 Key Players Internet of Vehicles (IoV) Product Solution and Service
4.6 Competitive Status
4.6.1 Internet of Vehicles (IoV) 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 Vehicles (IoV) Products, Services and Solutions
5.1.4 Ford Motor Internet of Vehicles (IoV) 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 Vehicles (IoV) Products, Services and Solutions
5.2.4 Texas Instruments Internet of Vehicles (IoV) Revenue (US$ Million) & (2018-2023)
5.2.5 Texas Instruments Recent Developments
5.3 Audi
5.3.1 Audi Profile
5.3.2 Audi Main Business
5.3.3 Audi Internet of Vehicles (IoV) Products, Services and Solutions
5.3.4 Audi Internet of Vehicles (IoV) Revenue (US$ Million) & (2018-2023)
5.3.5 Intel Recent Developments
5.4 Intel
5.4.1 Intel Profile
5.4.2 Intel Main Business
5.4.3 Intel Internet of Vehicles (IoV) Products, Services and Solutions
5.4.4 Intel Internet of Vehicles (IoV) Revenue (US$ Million) & (2018-2023)
5.4.5 Intel Recent Developments
5.5 SAP
5.5.1 SAP Profile
5.5.2 SAP Main Business
5.5.3 SAP Internet of Vehicles (IoV) Products, Services and Solutions
5.5.4 SAP Internet of Vehicles (IoV) 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 Vehicles (IoV) Products, Services and Solutions
5.6.4 NXP Semiconductors Internet of Vehicles (IoV) 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 Vehicles (IoV) Products, Services and Solutions
5.7.4 Apple Internet of Vehicles (IoV) 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 Vehicles (IoV) Products, Services and Solutions
5.8.4 Google Internet of Vehicles (IoV) 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 Vehicles (IoV) Products, Services and Solutions
5.9.4 IBM Internet of Vehicles (IoV) 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 Vehicles (IoV) Products, Services and Solutions
5.10.4 Cisco Systems Internet of Vehicles (IoV) Revenue (US$ Million) & (2018-2023)
5.10.5 Cisco Systems Recent Developments
6 North America
6.1 North America Internet of Vehicles (IoV) Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Internet of Vehicles (IoV) 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 Vehicles (IoV) 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 Vehicles (IoV) 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 Vehicles (IoV) 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 Vehicles (IoV) Market Dynamics
11.1 Internet of Vehicles (IoV) Industry Trends
11.2 Internet of Vehicles (IoV) Market Drivers
11.3 Internet of Vehicles (IoV) Market Challenges
11.4 Internet of Vehicles (IoV) 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
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