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The Internet of Things (IoT) is reshaping several sectors, including automotive. With IoT, automobiles are now equipped with value added services and applications such as automated driving and real-time traffic alerts to improve the overall driving experience. <br><br>READ more: https://www.tmrresearch.com/automotive-iot-market<br><br>View SAMPLE Report: https://www.tmrresearch.com/sample/sample?flag=B&rep_id=989
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AUTOMOTIVE IOT MARKET Global Industry Analysis, Size, Share, Analysis, Growth, Forecast 2021 - 2031 Trends, and TMR Research www.tmrresearch.com
AUTOMOTIVE IOT MARKET 1MARKETOVERVIEW The Internet of Things (IoT) is reshaping several sectors, including automotive. With IoT, automobiles are now equipped with value added services and applications such as automated driving and real-time traffic alerts to improve the overall driving experience. Owing population and demand for technologically advanced products, the automotive sector is currently flourishing. to increased disposable income among the urban TMR Research www.tmrresearch.com
AUTOMOTIVE IOT MARKET 2KEY TRENDS The automotive IoT is internet connected vehicles that can communicate with other vehicles and infrastructures. With the growing number of vehicles, especially in the urban locations, the need for real-time traffic alert is escalating. With the Internet of Things, it is possible to update the end- users about congestions on the road and alternate routes on the real time. This factor is the most prominent factor driving the market for automotive IoT. TMR Research www.tmrresearch.com
AUTOMOTIVE IOT MARKET 3REGIONAL ASSESSMENT North America currently serves the maximum demand among all regions for automotive IoT, especially from the developed countries of the U.S. and Canada, which resides research and development units of severalprominentcompanies. Consumers in these two countries have high buying power and high awarenesslevelsaboutthenewtechnology. TMR Research www.tmrresearch.com
AUTOMOTIVE IOT MARKET 4COMPETITVE ANALYSIS Some of the prominent companies currently operational in global automotive IoT market Corporation, Cisco Systems Inc., Microsoft Corp., Intel Corporation, NXP Semiconductors N.V., Texas Instruments Inc., TOMTOM N.V., Thales SA, AT&T Inc., Vodafone Group, Robert Bosch GmbH, Google Inc., General Motors, Audi AG, and Ford Motor Company. are Apple Inc., IBM TMR Research www.tmrresearch.com
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