The North America Automotive IoT Market would witness market growth of 18.2% CAGR during the forecast period (2023-2029).
Vehicles are now definitely connected to data streams. Also, the automotive sector has a longer and more extensive track record of success than any other sector regarding bridging technology and drivers. According to estimates, autonomous vehicles will alter the automotive IoT market. In addition, the demand for smart gadgets will rise due to maintenance alerts, a growth in governmental telematics orders, and a demand for vehicle smartphone features.
As a result, the automotive IoT market is expected to increase, but it is expected to be constrained by a lack of cellular connectivity coverage and competitive pricing. Aside from that, automated infotainment systems for vehicles are also becoming a necessary component due to the rise in the per capita income of the population. The expectation is that, with the aid of automotive IoT technologies, people's digital lifestyles will also extend to their vehicles. The automotive IoT market should benefit from these.
The regional governments are making several efforts to address climate change, increase coverage of renewable energy sources, and lessen their countries' reliance on oil. In response, the American administration presented several historically significant projects that will be carried out by the federal government, private industry, and the states. These activities, including a new framework for collaboration between producers, electric vehicle charging providers, electric utilities, and states, are intended to hasten infrastructure development for charging electric vehicles. Likewise, the U.S. industry for making electric vehicles is expanding, creating new business opportunities & supporting thousands of labor jobs across the country. The increased sales of E.V.s would assist the market's expansion even further.
The US market dominated the North America Automotive IoT Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $84,078 million by 2029. The Canada market is poised to grow at a CAGR of 20.9% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 19.8% during (2023 - 2029).
Based on Application, the market is segmented into Infotainment, Navigation, and Telematics. Based on Connectivity Form, the market is segmented into Embedded, Tethered and Integrated. Based on Offering, the market is segmented into Software (Platforms and Solutions), Hardware (Semiconductor Components and Connectivity IC's) and Services. Based on Communication Type, the market is segmented into In-vehicle Communication, Vehicle-to-Vehicle Communication and Vehicle-to-Infrastructure Communication. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Automotive IoT Market is Projected to reach USD 340.8 Billion by 2029, at a CAGR of 19.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Intel Corporation, Robert Bosch GmbH, NXP Semiconductors N.V., STMicroelectronics N.V., Infineon Technologies AG, Texas Instruments, Inc., TomTom N.V., Harman International Industries, Inc. (Samsung Electronics Co., Ltd.), Renesas Electronics Corporation and EUROTECH S.p.A.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Infotainment
- Navigation
- Telematics
By Connectivity Form
- Embedded
- Tethered
- Integrated
By Offering
By Communication Type
- In-vehicle Communication
- Vehicle-to-Vehicle Communication
- Vehicle-to-Infrastructure Communication
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Intel Corporation
- Robert Bosch GmbH
- NXP Semiconductors N.V.
- STMicroelectronics N.V.
- Infineon Technologies AG
- Texas Instruments, Inc.
- TomTom N.V.
- Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
- Renesas Electronics Corporation
- EUROTECH S.p.A.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Automotive IoT Market, by Application
1.4.2 North America Automotive IoT Market, by Connectivity Form
1.4.3 North America Automotive IoT Market, by Offering
1.4.4 North America Automotive IoT Market, by Communication Type
1.4.5 North America Automotive IoT Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Market Share Analysis, 2022
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2019, Feb – 2023, Mar) Leading Players
Chapter 4. North America Automotive IoT Market by Application
4.1 North America Infotainment Market by Country
4.2 North America Navigation Market by Country
4.3 North America Telematics Market by Country
Chapter 5. North America Automotive IoT Market by Connectivity Form
5.1 North America Embedded Market by Country
5.2 North America Tethered Market by Country
5.3 North America Integrated Market by Country
Chapter 6. North America Automotive IoT Market by Offering
6.1 North America Software Market by Country
6.2 North America Automotive IoT Market by Software Type
6.2.1 North America Platforms Market by Country
6.2.2 North America Solutions Market by Country
6.3 North America Hardware Market by Country
6.4 North America Automotive IoT Market by Hardware Type
6.4.1 North America Semiconductor Components Market by Country
6.4.2 North America Connectivity IC's Market by Country
6.5 North America Services Market by Country
Chapter 7. North America Automotive IoT Market by Communication Type
7.1 North America In-vehicle Communication Market by Country
7.2 North America Vehicle-to-Vehicle Communication Market by Country
7.3 North America Vehicle-to-Infrastructure Communication Market by Country
Chapter 8. North America Automotive IoT Market by Country
8.1 US Automotive IoT Market
8.1.1 US Automotive IoT Market by Application
8.1.2 US Automotive IoT Market by Connectivity Form
8.1.3 US Automotive IoT Market by Offering
8.1.3.1 US Automotive IoT Market by Software Type
8.1.3.2 US Automotive IoT Market by Hardware Type
8.1.4 US Automotive IoT Market by Communication Type
8.2 Canada Automotive IoT Market
8.2.1 Canada Automotive IoT Market by Application
8.2.2 Canada Automotive IoT Market by Connectivity Form
8.2.3 Canada Automotive IoT Market by Offering
8.2.3.1 Canada Automotive IoT Market by Software Type
8.2.3.2 Canada Automotive IoT Market by Hardware Type
8.2.4 Canada Automotive IoT Market by Communication Type
8.3 Mexico Automotive IoT Market
8.3.1 Mexico Automotive IoT Market by Application
8.3.2 Mexico Automotive IoT Market by Connectivity Form
8.3.3 Mexico Automotive IoT Market by Offering
8.3.3.1 Mexico Automotive IoT Market by Software Type
8.3.3.2 Mexico Automotive IoT Market by Hardware Type
8.3.4 Mexico Automotive IoT Market by Communication Type
8.4 Rest of North America Automotive IoT Market
8.4.1 Rest of North America Automotive IoT Market by Application
8.4.2 Rest of North America Automotive IoT Market by Connectivity Form
8.4.3 Rest of North America Automotive IoT Market by Offering
8.4.3.1 Rest of North America Automotive IoT Market by Software Type
8.4.3.2 Rest of North America Automotive IoT Market by Hardware Type
8.4.4 Rest of North America Automotive IoT Market by Communication Type
Chapter 9. Company Profiles
9.1 Intel Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.6 SWOT Analysis
9.2 Robert Bosch GmbH
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.6 SWOT Analysis
9.3 NXP Semiconductors N.V.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 STMicroelectronics N.V.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.5 Infineon Technologies AG
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Acquisition and Mergers:
9.5.5.2 Partnerships, Collaborations and Agreements:
9.5.5.3 Product Launches and Product Expansions:
9.5.5.4 Geographical Expansions:
9.6 Texas Instruments, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.7 TomTom N.V.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.6 SWOT Analysis
9.8 Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Product Launches and Product Expansions:
9.8.5.3 Geographical Expansions:
9.9 Renesas Electronics Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Product Launches and Product Expansions:
9.10. EUROTECH S.p.A.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.4 Research & Development Expenses
9.10.5 Recent strategies and developments:
9.10.5.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Automotive IoT Market, 2019 - 2022, USD Million
TABLE 2 North America Automotive IoT Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Automotive IoT Market
TABLE 4 Product Launches And Product Expansions– Automotive IoT Market
TABLE 5 Acquisition and Mergers– Automotive IoT Market
TABLE 6 Geographical Expansions– Automotive IoT Market
TABLE 7 North America Automotive IoT Market by Application, 2019 - 2022, USD Million
TABLE 8 North America Automotive IoT Market by Application, 2023 - 2029, USD Million
TABLE 9 North America Infotainment Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Infotainment Market by Country, 2023 - 2029, USD Million
TABLE 11 North America Navigation Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Navigation Market by Country, 2023 - 2029, USD Million
TABLE 13 North America Telematics Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Telematics Market by Country, 2023 - 2029, USD Million
TABLE 15 North America Automotive IoT Market by Connectivity Form, 2019 - 2022, USD Million
TABLE 16 North America Automotive IoT Market by Connectivity Form, 2023 - 2029, USD Million
TABLE 17 North America Embedded Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Embedded Market by Country, 2023 - 2029, USD Million
TABLE 19 North America Tethered Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Tethered Market by Country, 2023 - 2029, USD Million
TABLE 21 North America Integrated Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Integrated Market by Country, 2023 - 2029, USD Million
TABLE 23 North America Automotive IoT Market by Offering, 2019 - 2022, USD Million
TABLE 24 North America Automotive IoT Market by Offering, 2023 - 2029, USD Million
TABLE 25 North America Software Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Software Market by Country, 2023 - 2029, USD Million
TABLE 27 North America Automotive IoT Market by Software Type, 2019 - 2022, USD Million
TABLE 28 North America Automotive IoT Market by Software Type, 2023 - 2029, USD Million
TABLE 29 North America Platforms Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Platforms Market by Country, 2023 - 2029, USD Million
TABLE 31 North America Solutions Market by Country, 2019 - 2022, USD Million
TABLE 32 North America Solutions Market by Country, 2023 - 2029, USD Million
TABLE 33 North America Hardware Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Hardware Market by Country, 2023 - 2029, USD Million
TABLE 35 North America Automotive IoT Market by Hardware Type, 2019 - 2022, USD Million
TABLE 36 North America Automotive IoT Market by Hardware Type, 2023 - 2029, USD Million
TABLE 37 North America Semiconductor Components Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Semiconductor Components Market by Country, 2023 - 2029, USD Million
TABLE 39 North America Connectivity IC's Market by Country, 2019 - 2022, USD Million
TABLE 40 North America Connectivity IC's Market by Country, 2023 - 2029, USD Million
TABLE 41 North America Services Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Services Market by Country, 2023 - 2029, USD Million
TABLE 43 North America Automotive IoT Market by Communication Type, 2019 - 2022, USD Million
TABLE 44 North America Automotive IoT Market by Communication Type, 2023 - 2029, USD Million
TABLE 45 North America In-vehicle Communication Market by Country, 2019 - 2022, USD Million
TABLE 46 North America In-vehicle Communication Market by Country, 2023 - 2029, USD Million
TABLE 47 North America Vehicle-to-Vehicle Communication Market by Country, 2019 - 2022, USD Million
TABLE 48 North America Vehicle-to-Vehicle Communication Market by Country, 2023 - 2029, USD Million
TABLE 49 North America Vehicle-to-Infrastructure Communication Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Vehicle-to-Infrastructure Communication Market by Country, 2023 - 2029, USD Million
TABLE 51 North America Automotive IoT Market by Country, 2019 - 2022, USD Million
TABLE 52 North America Automotive IoT Market by Country, 2023 - 2029, USD Million
TABLE 53 US Automotive IoT Market, 2019 - 2022, USD Million
TABLE 54 US Automotive IoT Market, 2023 - 2029, USD Million
TABLE 55 US Automotive IoT Market by Application, 2019 - 2022, USD Million
TABLE 56 US Automotive IoT Market by Application, 2023 - 2029, USD Million
TABLE 57 US Automotive IoT Market by Connectivity Form, 2019 - 2022, USD Million
TABLE 58 US Automotive IoT Market by Connectivity Form, 2023 - 2029, USD Million
TABLE 59 US Automotive IoT Market by Offering, 2019 - 2022, USD Million
TABLE 60 US Automotive IoT Market by Offering, 2023 - 2029, USD Million
TABLE 61 US Automotive IoT Market by Software Type, 2019 - 2022, USD Million
TABLE 62 US Automotive IoT Market by Software Type, 2023 - 2029, USD Million
TABLE 63 US Automotive IoT Market by Hardware Type, 2019 - 2022, USD Million
TABLE 64 US Automotive IoT Market by Hardware Type, 2023 - 2029, USD Million
TABLE 65 US Automotive IoT Market by Communication Type, 2019 - 2022, USD Million
TABLE 66 US Automotive IoT Market by Communication Type, 2023 - 2029, USD Million
TABLE 67 Canada Automotive IoT Market, 2019 - 2022, USD Million
TABLE 68 Canada Automotive IoT Market, 2023 - 2029, USD Million
TABLE 69 Canada Automotive IoT Market by Application, 2019 - 2022, USD Million
TABLE 70 Canada Automotive IoT Market by Application, 2023 - 2029, USD Million
TABLE 71 Canada Automotive IoT Market by Connectivity Form, 2019 - 2022, USD Million
TABLE 72 Canada Automotive IoT Market by Connectivity Form, 2023 - 2029, USD Million
TABLE 73 Canada Automotive IoT Market by Offering, 2019 - 2022, USD Million
TABLE 74 Canada Automotive IoT Market by Offering, 2023 - 2029, USD Million
TABLE 75 Canada Automotive IoT Market by Software Type, 2019 - 2022, USD Million
TABLE 76 Canada Automotive IoT Market by Software Type, 2023 - 2029, USD Million
TABLE 77 Canada Automotive IoT Market by Hardware Type, 2019 - 2022, USD Million
TABLE 78 Canada Automotive IoT Market by Hardware Type, 2023 - 2029, USD Million
TABLE 79 Canada Automotive IoT Market by Communication Type, 2019 - 2022, USD Million
TABLE 80 Canada Automotive IoT Market by Communication Type, 2023 - 2029, USD Million
TABLE 81 Mexico Automotive IoT Market, 2019 - 2022, USD Million
TABLE 82 Mexico Automotive IoT Market, 2023 - 2029, USD Million
TABLE 83 Mexico Automotive IoT Market by Application, 2019 - 2022, USD Million
TABLE 84 Mexico Automotive IoT Market by Application, 2023 - 2029, USD Million
TABLE 85 Mexico Automotive IoT Market by Connectivity Form, 2019 - 2022, USD Million
TABLE 86 Mexico Automotive IoT Market by Connectivity Form, 2023 - 2029, USD Million
TABLE 87 Mexico Automotive IoT Market by Offering, 2019 - 2022, USD Million
TABLE 88 Mexico Automotive IoT Market by Offering, 2023 - 2029, USD Million
TABLE 89 Mexico Automotive IoT Market by Software Type, 2019 - 2022, USD Million
TABLE 90 Mexico Automotive IoT Market by Software Type, 2023 - 2029, USD Million
TABLE 91 Mexico Automotive IoT Market by Hardware Type, 2019 - 2022, USD Million
TABLE 92 Mexico Automotive IoT Market by Hardware Type, 2023 - 2029, USD Million
TABLE 93 Mexico Automotive IoT Market by Communication Type, 2019 - 2022, USD Million
TABLE 94 Mexico Automotive IoT Market by Communication Type, 2023 - 2029, USD Million
TABLE 95 Rest of North America Automotive IoT Market, 2019 - 2022, USD Million
TABLE 96 Rest of North America Automotive IoT Market, 2023 - 2029, USD Million
TABLE 97 Rest of North America Automotive IoT Market by Application, 2019 - 2022, USD Million
TABLE 98 Rest of North America Automotive IoT Market by Application, 2023 - 2029, USD Million
TABLE 99 Rest of North America Automotive IoT Market by Connectivity Form, 2019 - 2022, USD Million
TABLE 100 Rest of North America Automotive IoT Market by Connectivity Form, 2023 - 2029, USD Million
TABLE 101 Rest of North America Automotive IoT Market by Offering, 2019 - 2022, USD Million
TABLE 102 Rest of North America Automotive IoT Market by Offering, 2023 - 2029, USD Million
TABLE 103 Rest of North America Automotive IoT Market by Software Type, 2019 - 2022, USD Million
TABLE 104 Rest of North America Automotive IoT Market by Software Type, 2023 - 2029, USD Million
TABLE 105 Rest of North America Automotive IoT Market by Hardware Type, 2019 - 2022, USD Million
TABLE 106 Rest of North America Automotive IoT Market by Hardware Type, 2023 - 2029, USD Million
TABLE 107 Rest of North America Automotive IoT Market by Communication Type, 2019 - 2022, USD Million
TABLE 108 Rest of North America Automotive IoT Market by Communication Type, 2023 - 2029, USD Million
TABLE 109 Key Information – Intel Corporation
TABLE 110 key information – Robert Bosch GmbH
TABLE 111 Key Information – NXP Semiconductors N.V.
TABLE 112 Key Information – STMicroelectronics N.V.
TABLE 113 Key Information – Infineon Technologies AG
TABLE 114 Key Information – Texas Instruments, Inc.
TABLE 115 Key information – TomTom N.V.
TABLE 116 Key Information – Harman International Industries, Inc.
TABLE 117 key information – Renesas Electronics Corporation
TABLE 118 key Information – EUROTECH S.p.A.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2022
FIG 4 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 5 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2019, Feb – 2023, Mar) Leading Players
FIG 6 SWOT analysis: Intel corporation
FIG 7 Swot analysis: Robert Bosch GmbH
FIG 8 Recent strategies and developments: NXP Semiconductors N.V.
FIG 9 Swot analysis: NXP semiconductors N.V.
FIG 10 Recent strategies and developments: Infineon Technologies AG
FIG 11 SWOT Analysis: TomTom N.V.
FIG 12 Recent strategies and developments: Harman International Industries, Inc.
FIG 13 Recent strategies and developments: Renesas Electronics Corporation