Allied Market

Allied Market

The sudden rise in CAGR is attributable to this market demand and growth, returning to pre-pandemic levels once the pandemic is over.

PORTLAND, PORTLAND, OR , UNITED STATES, October 4, 2021 /EINPresswire.com/ — Internet of Vehicles (IoV) involves the use of hardware and software automation and the incorporation of technology in all kinds of vehicles. In 2017, the vehicle-to-infrastructure segment dominated the market, in terms of revenue, due to an increase in investment on automation and infrastructure. North America was the highest revenue contributor to the internet of the vehicle market in 2017, accounting for around 43% share, owing to a surge in demand for mobility for automation and an increase in safety and security concerns.

The global internet of vehicle market was valued at $66,075 million in 2017 and is projected to reach $208,107 million by 2024, growing at a CAGR of 18.00% from 2018 to 2024.

Factors such as rising internet penetration, growth associated with connected devices, increase in presence of automation solutions in the automotive industry, the introduction of Logistics4.0, and others are expected to drive the demand for the internet of the vehicle market. Further, the increased market for the automotive industry among developing economies of Asia-Pacific and LAMEA is anticipated to offer lucrative opportunities for the internet of vehicle market during the forecast period.

Profiling Key Players: Ford Motor Co., Texas Instruments Inc., Audi AG, Intel Corporation, SAP, NXP semiconductors, Apple Inc., Google Inc., IBM Corporation, and Cisco Systems Inc.

Download Sample Report (Get Full Insights in PDF – 239 Pages) at: https://www.alliedmarketresearch.com/request-sample/4420

Highlights of the report:

1. Comprehensive assessment of all opportunities and risks in the global market.

2. Internet of vehicles market recent innovations and major events.

3. Detailed study of business strategies for growth of the Internet of vehicles market-leading players.

4. Conclusive study about the growth plot of Internet of vehicles market for forthcoming years.

5. In-depth understanding of the Internet of vehicles market-particular drivers, constraints, and major micro markets.

6. Favourable impression inside vital technological and market latest trends striking the Internet of vehicles market.

Lastly, this report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/4420

Thanks for reading this article; you can also get an individual chapter-wise section or region wise report versions like North America, Europe, or Asia.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Similar Reports –

1. Internet Advertising Market

2. Container and Kubernetes Security Market

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Analytics LLP
+1 503-894-6022
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn