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Synopsis
The global Internet of Vehicle market was valued at US$ 124800 million in 2023 and is anticipated to reach US$ 419260 million by 2030, witnessing a CAGR of 18.9% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Internet of Vehicle, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Internet of Vehicle.
Report Scope
The Internet of Vehicle market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Internet of Vehicle market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Internet of Vehicle companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company (Partial List):
- Ford Motor
- Texas Instruments
- Audi AG
- Intel Corporation
- SAP
- NXP semiconductors
- Apple
- IBM
- Cisco Systems
Segment by Type
- Bluetooth
- Cellular
- Wi-Fi
- NFC
- Other
Segment by Application
- Vehicle-To-Vehicle
- Vehicle-To-Infrastructure
- Others
By Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Netherlands)
- Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
- Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. 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 2: Introduces executive summary of global market size, regional market size, 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 3: Detailed analysis of Internet of Vehicle companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Internet of Vehicle Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Bluetooth
1.2.3 Cellular
1.2.4 Wi-Fi
1.2.5 NFC
1.2.6 Other
1.3 Market by Application
1.3.1 Global Internet of Vehicle Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Vehicle-To-Vehicle
1.3.3 Vehicle-To-Infrastructure
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Internet of Vehicle Market Perspective (2019-2030)
2.2 Internet of Vehicle Growth Trends by Region
2.2.1 Global Internet of Vehicle Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Internet of Vehicle Historic Market Size by Region (2019-2024)
2.2.3 Internet of Vehicle Forecasted Market Size by Region (2025-2030)
2.3 Internet of Vehicle Market Dynamics
2.3.1 Internet of Vehicle Industry Trends
2.3.2 Internet of Vehicle Market Drivers
2.3.3 Internet of Vehicle Market Challenges
2.3.4 Internet of Vehicle Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Internet of Vehicle Players by Revenue
3.1.1 Global Top Internet of Vehicle Players by Revenue (2019-2024)
3.1.2 Global Internet of Vehicle Revenue Market Share by Players (2019-2024)
3.2 Global Internet of Vehicle Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Internet of Vehicle Revenue
3.4 Global Internet of Vehicle Market Concentration Ratio
3.4.1 Global Internet of Vehicle Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Internet of Vehicle Revenue in 2023
3.5 Internet of Vehicle Key Players Head office and Area Served
3.6 Key Players Internet of Vehicle Product Solution and Service
3.7 Date of Enter into Internet of Vehicle Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Internet of Vehicle Breakdown Data by Type
4.1 Global Internet of Vehicle Historic Market Size by Type (2019-2024)
4.2 Global Internet of Vehicle Forecasted Market Size by Type (2025-2030)
5 Internet of Vehicle Breakdown Data by Application
5.1 Global Internet of Vehicle Historic Market Size by Application (2019-2024)
5.2 Global Internet of Vehicle Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Internet of Vehicle Market Size (2019-2030)
6.2 North America Internet of Vehicle Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Internet of Vehicle Market Size by Country (2019-2024)
6.4 North America Internet of Vehicle Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Internet of Vehicle Market Size (2019-2030)
7.2 Europe Internet of Vehicle Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Internet of Vehicle Market Size by Country (2019-2024)
7.4 Europe Internet of Vehicle Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Internet of Vehicle Market Size (2019-2030)
8.2 Asia-Pacific Internet of Vehicle Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Internet of Vehicle Market Size by Region (2019-2024)
8.4 Asia-Pacific Internet of Vehicle Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Internet of Vehicle Market Size (2019-2030)
9.2 Latin America Internet of Vehicle Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Internet of Vehicle Market Size by Country (2019-2024)
9.4 Latin America Internet of Vehicle Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Internet of Vehicle Market Size (2019-2030)
10.2 Middle East & Africa Internet of Vehicle Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Internet of Vehicle Market Size by Country (2019-2024)
10.4 Middle East & Africa Internet of Vehicle Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Ford Motor
11.1.1 Ford Motor Company Detail
11.1.2 Ford Motor Business Overview
11.1.3 Ford Motor Internet of Vehicle Introduction
11.1.4 Ford Motor Revenue in Internet of Vehicle Business (2019-2024)
11.1.5 Ford Motor Recent Development
11.2 Texas Instruments
11.2.1 Texas Instruments Company Detail
11.2.2 Texas Instruments Business Overview
11.2.3 Texas Instruments Internet of Vehicle Introduction
11.2.4 Texas Instruments Revenue in Internet of Vehicle Business (2019-2024)
11.2.5 Texas Instruments Recent Development
11.3 Audi AG
11.3.1 Audi AG Company Detail
11.3.2 Audi AG Business Overview
11.3.3 Audi AG Internet of Vehicle Introduction
11.3.4 Audi AG Revenue in Internet of Vehicle Business (2019-2024)
11.3.5 Audi AG Recent Development
11.4 Intel Corporation
11.4.1 Intel Corporation Company Detail
11.4.2 Intel Corporation Business Overview
11.4.3 Intel Corporation Internet of Vehicle Introduction
11.4.4 Intel Corporation Revenue in Internet of Vehicle Business (2019-2024)
11.4.5 Intel Corporation Recent Development
11.5 SAP
11.5.1 SAP Company Detail
11.5.2 SAP Business Overview
11.5.3 SAP Internet of Vehicle Introduction
11.5.4 SAP Revenue in Internet of Vehicle Business (2019-2024)
11.5.5 SAP Recent Development
11.6 NXP semiconductors
11.6.1 NXP semiconductors Company Detail
11.6.2 NXP semiconductors Business Overview
11.6.3 NXP semiconductors Internet of Vehicle Introduction
11.6.4 NXP semiconductors Revenue in Internet of Vehicle Business (2019-2024)
11.6.5 NXP semiconductors Recent Development
11.7 Apple
11.7.1 Apple Company Detail
11.7.2 Apple Business Overview
11.7.3 Apple Internet of Vehicle Introduction
11.7.4 Apple Revenue in Internet of Vehicle Business (2019-2024)
11.7.5 Apple Recent Development
11.8 Google
11.8.1 Google Company Detail
11.8.2 Google Business Overview
11.8.3 Google Internet of Vehicle Introduction
11.8.4 Google Revenue in Internet of Vehicle Business (2019-2024)
11.8.5 Google Recent Development
11.9 IBM
11.9.1 IBM Company Detail
11.9.2 IBM Business Overview
11.9.3 IBM Internet of Vehicle Introduction
11.9.4 IBM Revenue in Internet of Vehicle Business (2019-2024)
11.9.5 IBM Recent Development
11.10 Cisco Systems
11.10.1 Cisco Systems Company Detail
11.10.2 Cisco Systems Business Overview
11.10.3 Cisco Systems Internet of Vehicle Introduction
11.10.4 Cisco Systems Revenue in Internet of Vehicle Business (2019-2024)
11.10.5 Cisco Systems Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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