Product ID: SQMIG45I2195
Report ID:
SQMIG45I2195 |
Region:
Global |
Published Date: May, 2024
Pages:
220
|
Tables:
117 |
Figures:
75
North America is estimated to account for a substantial share of the global automotive IoT market owing to the presence of a supportive IT infrastructure promoting the use of automotive IoT solutions going forward. Rapid adoption of IoT devices in this region and presence of key automotive manufacturers also contributes to North America’s dominance. Canada and the United States are forecasted to be the leading countries for automotive IoT providers in this region.
Meanwhile, the demand for automotive IoT in the Asia Pacific region is slated to rise at a rapid pace over the coming years. Rapidly increasing connected vehicle production and growing sales of vehicles are contributing to the growing demand for automotive IoT in this region. India, China, Japan and South Korea are estimated to be the leading markets for automotive IoT providers looking to dominate this region.
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Product ID: SQMIG45I2195