• About Us
  • Contact Us
  • Submit News Release
Monday, June 23, 2025
No Result
View All Result
The MEA Times
  • Middle East
    تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

    تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

    HONGQI تستعرض الفخامة الشرقية في معرض هونغ كونغ الدولي للسيارات وسلسلة التوريد 2025

    HONGQI تستعرض الفخامة الشرقية في معرض هونغ كونغ الدولي للسيارات وسلسلة التوريد 2025

    Lemnisk’s Enterprise Strategy Focuses on Doubling  Revenue in Two Quarters

    Lemnisk Unveils Industry-First Innovations for the AI Era of Customer Engagement

    Four Investment Ideas to Grow Your Wealth in UAE

    Maternity Coverage in Health Insurance

  • Europe
    solution de stockage tout-flash 4 baies à 40 Gbps, idéale pour les créateurs de contenu et l’extension NAS

    solution de stockage tout-flash 4 baies à 40 Gbps, idéale pour les créateurs de contenu et l’extension NAS

    The Socio-Economic and Political Position of Türkiye Compared to Countries in Asia and Europe

    Die größte Plattform für diskretes und luxuriöses Dating

    The Socio-Economic and Political Position of Türkiye Compared to Countries in Asia and Europe

    la plus grande plateforme de rencontres discrètes et luxueuses

    Katalon Officially Launches TrueTest™ — The First AI-Native Testing System That Thinks Like a Tester and Learns from Users

    Katalon Officially Launches TrueTest™ — The First AI-Native Testing System That Thinks Like a Tester and Learns from Users

    Twice as Many Testers Fear Job Loss, But Adoption Keeps Climbing

    Twice as Many Testers Fear Job Loss, But Adoption Keeps Climbing

    The Effectiveness of Press release distribution in the United Kingdom Media landscape

    The Effectiveness of Press release distribution in the United Kingdom Media landscape

  • Africa
    تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

    تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

    جيتور T1 تدخل السوق المصري وتتعاون مع النادي الأهلي لاستكشاف آفاق جديدة لمفهوم “السفر + الرياضة

    جيتور T1 تدخل السوق المصري وتتعاون مع النادي الأهلي لاستكشاف آفاق جديدة لمفهوم “السفر + الرياضة

    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    ضمن فعاليات “قمة إفريقيا للشؤون التنظيمية 2024” اجتماع رفيع بين أوغندا ومصر لتعزيز التعاون الدوائي وتوسيع السوق الإفريقية

  • Business

    In 2025, guests are seeking soul-enriching experiences – Hotelier Middle East

    A path forward for Europe to compete on the internet – The Irish Times

    Polymarket is taking bets on the Palisades fire in California – Business Insider Africa

    “Manage the business as if it were your own,” says Mövenpick Resort Al Marjan’s GM – Hotelier Middle East

  • Tech

    US tech titans ramp up pressure on EU – ETTelecom

    Europe needs shared defence capabilities – The Strategist

    EU funding for Israeli tech raises fresh concerns about complicity in genocide – Middle East Monitor

    A massive diabetes challenge and pharma-tech moonshots, Europe starts 2025 in launch mode – EURACTIV

  • Lifestyle

    New lifestyle estate coming to popular university town in South Africa – BusinessTech

    Perfect Moment Expands Global Market for its Luxury Ski and Lifestyle Brand with New Sales Agencies in Southern Europe and Japan – Business Wire

    The UK has been below average among European countries for lifestyle freedom for many years – London Loves Business

    Cheap place to live in Europe offers expats 'classic European lifestyle' and rental prices 58% lower than UK rates – GB News

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Press Releases

    Artificial Intelligence in Education Market to Reach USD 26.43 Billion by 2032 | Empowering Learning

    Emailwire.com Press Release Services

    Emailwire.com Press Release Services

    Emailwire.com Press Release Services

    Emailwire.com Press Release Services

    Emailwire.com Press Release Services

    Manufacturing Operations Management Software Market Projected to Reach CAGR of 6.97% by 2032

    Nfc Chips Market Growth Rate is expected to be around 14.62% during the forecast period 2025 to 2034

  • Middle East
    تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

    تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

    HONGQI تستعرض الفخامة الشرقية في معرض هونغ كونغ الدولي للسيارات وسلسلة التوريد 2025

    HONGQI تستعرض الفخامة الشرقية في معرض هونغ كونغ الدولي للسيارات وسلسلة التوريد 2025

    Lemnisk’s Enterprise Strategy Focuses on Doubling  Revenue in Two Quarters

    Lemnisk Unveils Industry-First Innovations for the AI Era of Customer Engagement

    Four Investment Ideas to Grow Your Wealth in UAE

    Maternity Coverage in Health Insurance

  • Europe
    solution de stockage tout-flash 4 baies à 40 Gbps, idéale pour les créateurs de contenu et l’extension NAS

    solution de stockage tout-flash 4 baies à 40 Gbps, idéale pour les créateurs de contenu et l’extension NAS

    The Socio-Economic and Political Position of Türkiye Compared to Countries in Asia and Europe

    Die größte Plattform für diskretes und luxuriöses Dating

    The Socio-Economic and Political Position of Türkiye Compared to Countries in Asia and Europe

    la plus grande plateforme de rencontres discrètes et luxueuses

    Katalon Officially Launches TrueTest™ — The First AI-Native Testing System That Thinks Like a Tester and Learns from Users

    Katalon Officially Launches TrueTest™ — The First AI-Native Testing System That Thinks Like a Tester and Learns from Users

    Twice as Many Testers Fear Job Loss, But Adoption Keeps Climbing

    Twice as Many Testers Fear Job Loss, But Adoption Keeps Climbing

    The Effectiveness of Press release distribution in the United Kingdom Media landscape

    The Effectiveness of Press release distribution in the United Kingdom Media landscape

  • Africa
    تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

    تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

    جيتور T1 تدخل السوق المصري وتتعاون مع النادي الأهلي لاستكشاف آفاق جديدة لمفهوم “السفر + الرياضة

    جيتور T1 تدخل السوق المصري وتتعاون مع النادي الأهلي لاستكشاف آفاق جديدة لمفهوم “السفر + الرياضة

    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    ضمن فعاليات “قمة إفريقيا للشؤون التنظيمية 2024” اجتماع رفيع بين أوغندا ومصر لتعزيز التعاون الدوائي وتوسيع السوق الإفريقية

  • Business

    In 2025, guests are seeking soul-enriching experiences – Hotelier Middle East

    A path forward for Europe to compete on the internet – The Irish Times

    Polymarket is taking bets on the Palisades fire in California – Business Insider Africa

    “Manage the business as if it were your own,” says Mövenpick Resort Al Marjan’s GM – Hotelier Middle East

  • Tech

    US tech titans ramp up pressure on EU – ETTelecom

    Europe needs shared defence capabilities – The Strategist

    EU funding for Israeli tech raises fresh concerns about complicity in genocide – Middle East Monitor

    A massive diabetes challenge and pharma-tech moonshots, Europe starts 2025 in launch mode – EURACTIV

  • Lifestyle

    New lifestyle estate coming to popular university town in South Africa – BusinessTech

    Perfect Moment Expands Global Market for its Luxury Ski and Lifestyle Brand with New Sales Agencies in Southern Europe and Japan – Business Wire

    The UK has been below average among European countries for lifestyle freedom for many years – London Loves Business

    Cheap place to live in Europe offers expats 'classic European lifestyle' and rental prices 58% lower than UK rates – GB News

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Press Releases

    Artificial Intelligence in Education Market to Reach USD 26.43 Billion by 2032 | Empowering Learning

    Emailwire.com Press Release Services

    Emailwire.com Press Release Services

    Emailwire.com Press Release Services

    Emailwire.com Press Release Services

    Emailwire.com Press Release Services

    Manufacturing Operations Management Software Market Projected to Reach CAGR of 6.97% by 2032

    Nfc Chips Market Growth Rate is expected to be around 14.62% during the forecast period 2025 to 2034

No Result
View All Result
The MEA Times
No Result
View All Result
Home Press Releases

Automotive IoT Market Worth $322.0 Billion by 2028 at a CAGR of 19.7%

by admin
March 17, 2023
in Press Releases
Share on FacebookShare on Twitter


(EMAILWIRE.COM, March 17, 2023 ) The Automotive IoT Market is projected to grow from USD 131.2 billion in 2023 and is projected to reach USD 322.0 billion by 2028; it is expected to grow at a CAGR of 19.7% from 2023 to 2028.

Increasing adoption of connected vehicle technology for reducing fuel wastage along with rising adoption of electric and hybrid vehicles to reduce CO2 emissions is expected to fuel the growth of the automotive IoT market.

Download PDF Brochure @

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=27200094

Cloud technologies are present in vehicles in several forms. Through the use of the cloud, vehicles will be able to communicate with one another to prevent accidents and update traffic information and maps. Cloud technology in cars is not new but is evolving very fast due to the cooperation and partnership between the automotive industry and software developers. A remarkable example of how cloud services are applied to a car for important purposes besides entertainment is what Volvo offers to its clients. Using the Volvo On-Call app and cloud-based services, the user can control the vehicle using a smartphone. The smartphone can then be used as a digital key to open and start the car. Also, it can generate and send temporary digital keys to the driver’s family and friends when they need to share the car, pre-heat, or pre-cool the cabin remotely, send route directions, or check the fuel level from any device. The integration of Ford Motor Company with Microsoft Azure for creating Ford Services Network for providing automated software solution is another instance where cloud technology is integrating with infotainment systems. Also, Invisible-to-Visible, or I2V, is a future Nissan Intelligent Mobility technology that merges the real and virtual worlds. By combining information from sensors outside and inside the vehicle with data from the cloud, it helps drivers “see the invisible” – such as what is farther down the road, behind a building, or around the corner.

The market for infotainment application is expected to grow at a significant rate during the forecast period. With the growing demand for luxurious and safe vehicles, manufacturers are increasingly developing vehicles with integrated infotainment systems. These advanced systems offer a combination of entertainment and information for an enhanced vehicle experience in the cabin. The features of an in-vehicle infotainment system include a high-resolution touch screen, smartphone pairing, advanced vehicular functions, and many more. Advanced vehicular functions include features like parking assistance, daytime running lights indicators, and climate control. Thus, in order to integrate all these functions and provide an enhanced luxury

experience, the demand for multimedia streaming is expected to grow.The market for vehicle-to-vehicle systems is expected to grow at the hishest rate. Vehicle-to-vehicle communication allows a vehicle to broadcast its position, speed, steering-wheel position, brake status, and other data to other vehicles. Increasing demand for forward collision warning (FCW), blind spot warning (BSW), lane changing warning (LCW) applications in vehicles are the factors driving the vehicle-to-vehicle communication market. Vehicle to vehicle communication offers safer driving as it provides real time information from one person to another. The devices which are used in order to transfer real time information from the vehicle to the infrastructure makes use of cameras and the RFID readers. The information from the street lights traffic lights and parking meters are also conveyed in an efficient manner. A mesh network is provided for the communication of vehicle to vehicle through the use of wireless signals. The use of communication in the vehicles or through the infrastructure has been an extremely beneficial change which has boosted the sales of automobiles.

In terms of geographic coverage, the automotive IoT market has been segmented into 4 regions, namely, North America, Europe, Asia Pacific and Rest of the World (RoW). The market in Asia-Pacific is expected to grow at the highest CAGR between 2023 and 2028. China, Japan, South Korea, and India are the major contributors to automotive market in Asia-Pacific region. China is the largest automobile market, making it attractive for automotive IoT. The market growth in Asia Pacific can be attributed to the changing government norms regarding the adoption of ADAS and connected services systems. The growth of the IoT Factors such as high adoption rate of IoT in automotives due to their smart features such as fleet management, better monitoring of fuel consumption and travel time, among others, coupled with rising production of IoT enabled automotive in the Asia Pacific region has been instrumental in market growth. Moreover, government initiatives for collecting traffic data for proper monitoring of vehicles have also been beneficial towards adoption of automotive IoT technology in the Asia-Pacific countries.

News Also Covered: https://www.prnewswire.com/news-releases/automotive-iot-market-worth-322-0-billion-by-2028–exclusive-report-by-marketsandmarkets-301771282.html

Related Reports:

Intelligent Transportation System Market by Offering (Hardware, Software), System (Advanced Traffic Management System, ITS-enabled Transportation Pricing System), Application (Roadways, Railways, Aviation, Marine) and Region – Global Forecast to 2028

IoT Node and Gateway Market by Hardware (Processor, Connectivity IC, Sensor, Memory Device, and Logic Device), End-use Application (Industrial and Consumer), Geography (2020-2027)

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.



Source link

Previous Post

Nuclear Imaging Equipment Market: Growing demand for data integrated imaging systems

Next Post

أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

RelatedNews

Press Releases

Emailwire.com Press Release Services

June 17, 2025
Press Releases

Emailwire.com Press Release Services

June 17, 2025
Press Releases

Emailwire.com Press Release Services

June 17, 2025
Press Releases

Emailwire.com Press Release Services

June 17, 2025
Press Releases

Emailwire.com Press Release Services

June 17, 2025
Press Releases

Manufacturing Operations Management Software Market Projected to Reach CAGR of 6.97% by 2032

June 17, 2025
Submit a Press Release

Subscribe to our Newsletter

    Recommended

    Gluten Feed Market Research Insights, Trends Forecast 2022-28

    3 years ago
    اكتشف القدرات الهجينة للطرق الوعرة: التجربة الأولى لموديلات JETOUR T1 وJETOUR T2 i-DM من قبل الإعلام العالمي والمستخدمين

    اكتشف القدرات الهجينة للطرق الوعرة: التجربة الأولى لموديلات JETOUR T1 وJETOUR T2 i-DM من قبل الإعلام العالمي والمستخدمين

    7 months ago

    Subscribe to our Newsletter

      Share Us:

      Category

      Middle East
      Europe
      Africa
      Business
      Tech
      Lifestyle
      Pres Releases

      Recent Post

      Recent Posts
      • تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025
      • تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025
      • HONGQI تستعرض الفخامة الشرقية في معرض هونغ كونغ الدولي للسيارات وسلسلة التوريد 2025
      • Lemnisk Unveils Industry-First Innovations for the AI Era of Customer Engagement

      About Us

      The MEA Times reports and aggregates business, Tech and lifestyle news on EMEA regions.

      We provide press release distribution to media outlets in Africa, Middle East and Europe. Submit a press release or contact us today.

      MEA Times™ is part of GroupWeb Media Network. © 2025 GroupWeb Media LLC
      No Result
      View All Result
      • Middle East
      • Europe
      • Africa
      • Business
      • Tech
      • Lifestyle
      • Press Releases

      © 2022 - MeaTimes.com