Global Automotive Cloud Market Overview and Insights:
According to MarkNtel Advisors Report, the Global Automotive Cloud Market projected to grow at a CAGR of around 18% during the forecast period, i.e., 2021-26.
Automotive Cloud Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Time Period Captured in the Report:
Historical Years: 2016-19
Base Years: 2020
Forecast Years: 2021-26
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Market Driver:
Emerging Digitalization in Connected Vehicle - The growing smartphone user, increasing advancement in in-car connectivity, ADAS services like human-machine-interfaces (HMI), and escalating demand for IoT & 5G for vehicle connectivity are factors driving the growth of the automotive cloud market.
Mushrooming deployment of cloud services for cost control, communication, and networking technologies in the automobile industry drives the market growth. The burgeoning government investment in smart roads to communicate via V2X platform (vehicles to everything) and increasing adoption of AR/VR in connected cars are likely to fuel the market growth.
Who are the Key Players Operating in the Automotive Cloud Industry?
The top companies of the Automotive Cloud market ruling the industry are:
- Harman International
- Robert Bosch GmbH
- Verizon Communications, Inc.
- Continental AG
- Denso Corporation
- Sierra Wireless
- Tomtom International
- Ericsson AB
- Airbiquity
- Blackberry Limited
- Visteon Corporation
- Telenav
- Microsoft
- Amazon Web Services, Inc.
- LG Electronics
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What is Included in Automotive Cloud Market Segmentation?
The report has segmented the market into the following categories:
-By Application
- Infotainment
- V2X
- Telematics
-By Vehicle
- Passenger Vehicles
- Commercial Vehicles
-By Deployment
- Public Cloud
- Private Cloud
Geographical Analysis:
-By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
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