Global Automotive IoT
Market Report
2025
The global automotive IoT market size will be USD 173.9 billion in 2024. The automotive IoT market will show the strongest growth with a compound annual growth rate (CAGR) of 21.15% from 2024 to 2031. growing interest in connected cars
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global automotive IoT market size will be USD 173.9 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 21.15% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Automotive IoT Market Sales Revenue | 121212 | 121212 | 121212 | 21.15% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Offering |
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Market Split by Connectivity Form |
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Market Split by Communication |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Report scope is customizable as we have a huge database of Automotive IoT industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Automotive IoT Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The application of Internet of Things (IoT) technology in the automotive sector is known as the Automotive IoT market. This covers enhancing the efficiency, safety, and performance of vehicles through the use of sensors, software, and linked devices. Vehicles became a part of the network when IoT components were integrated into them. This allowed the vehicles to "communicate" with pedestrians (vehicle-to-pedestrian or V2P), with infrastructure (vehicle-to-infrastructure or V2I), and with each other, creating a vehicle-to-everything (V2X) network. The study included independent, critical viewpoints, expert opinions and analysis, and high-quality data. The goal of the research strategy is to give stakeholders a well-rounded understanding of international markets and help them make informed decisions that will help them reach their most ambitious growth goals. With multiple participants, including AT&T, Cisco System, Inc., Google, Intel, Microsoft Corporation, NXP Semiconductors, Robert Bosch, Texas Instruments, Thales SA, and TomTom, the market is extremely fragmented. Additionally, major initiatives of the companies involved in the IoT in the automotive sector were tracked, including product launches, mergers, expansions, and acquisitions.
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In January 2023, HARMAN introduced HARMAN Ready on Demand, a software platform that offers monetization opportunities, feature enhancements, and branded audio value in a user-friendly application. Ready on Demand, an industry first, serves as the basis for future upgrades and additional experiences that the user can access whenever they choose through in-app purchases for the duration of the vehicle.
(Source: https://car.harman.com/experiences/ready-on-demand)
Top Companies Market Share in Automotive IoT Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America has been a leader in linked car technology, setting the standard with companies like Tesla and General Motors. The ecosystem for automotive IoT solutions is strong because of this early investment. North American governments, especially those in the US, have taken the initiative to require telematics systems and cutting-edge safety measures in new cars. IoT technology used in cars has increased as a result of this.
Asia-Pacific stands out as the fastest-growing region in the Automotive IoT Market due to the APAC car industry is dominated by China, Japan, South Korea, and India, and the sector as a whole is expanding significantly. The potential pool of automobiles that are Internet of Things-enabled grows as more are built. Governments in the Asia-Pacific region are progressively enforcing laws that require cars to have modern technologies for increased convenience, safety, and comfort. These features frequently make use of IoT technology, which drives market expansion.
The current report Scope analyzes Automotive IoT Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Automotive IoT Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive IoT Industry growth. Automotive IoT market has been segmented with the help of its Offering, Connectivity Form Communication, and others. Automotive IoT market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, software is the dominant category. The software required to manage and operate advanced driver-assistance systems (ADAS), in-vehicle infotainment, and telematics grows more sophisticated and crucial as vehicles become more networked and incorporate more functions. This complexity is driving the demand for advanced software solutions. Analysis of the massive volume of data gathered by connected cars is necessary to produce insights for a range of uses, including traffic management, personalized driving experiences, and predictive maintenance. This is driving the expansion of data analytics software solutions in the automotive Internet of Things sector. .
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automotive IoT Industry. Request a Free Sample PDF!
This industry is one of the most dynamic industries, mainly fuelled by advanced technological, changing customer needs, and regulatory environments. In this chapter, we have included Automotive IoT market size, revenue share and growth rate for each application/end-user segment across the globe as well as regional level.
Moreover, we have also provides qualitative analysis such as driving and restraining factors which affects the Automotive IoT market growth. This section helps companies to gain a deeper understanding of the market trends, challenges and technological advancements. Thus this analysis allows companies to build strategies and make informed decisions in a highly competitive and rapidly evolving market.
Some of the key Connectivity Form of Automotive IoT are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modeling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product positioning and will assist you to understand opportunities and threats around the globe.
The Global Automotive IoT Market is witnessing significant growth in the near future.
In 2023, the Hardware segment accounted for noticeable share of global Automotive IoT Market and is projected to experience significant growth in the near future.
The Embedded segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies NXP Semiconductors (Netherlands) , Robert Bosch (Germany) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Offering | Hardware, Software, Services |
Connectivity Form | Embedded, Tethered, Integrated |
Communication | Vehicle to Vehicle, In vehicle communication, Vehicle to infrastructure |
Application | Navigation, Telematics, Infotainment |
List of Competitors | NXP Semiconductors (Netherlands), Harman (US), Robert Bosch (Germany), Thales (France), TomTom International (Netherlands), IBM (US), Geotab Inc. (Canada), Texas Instruments (US), Intel Corp. (US), Eurotech (Italy), STMicroelectronics (Switzerland), Renesas (Japan), Infineon Technologies (Germany). |
This chapter will help you gain GLOBAL Market Analysis of Automotive IoT. Further deep in this chapter, you will be able to review Global Automotive IoT Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Automotive IoT. Further deep in this chapter, you will be able to review North America Automotive IoT Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Automotive IoT. Further deep in this chapter, you will be able to review Europe Automotive IoT Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Automotive IoT. Further deep in this chapter, you will be able to review Asia Pacific Automotive IoT Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Automotive IoT. Further deep in this chapter, you will be able to review South America Automotive IoT Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Automotive IoT. Further deep in this chapter, you will be able to review Middle East Automotive IoT Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Automotive IoT. Further deep in this chapter, you will be able to review Middle East Automotive IoT Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Automotive IoT. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Offering Analysis 2019 -2031, will provide market size split by Offering. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Offering Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Connectivity Form Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Communication Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive IoT market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why Hardware have a significant impact on Automotive IoT market? |
What are the key factors affecting the Hardware and Software of Automotive IoT Market? |
What is the CAGR/Growth Rate of Embedded during the forecast period? |
By type, which segment accounted for largest share of the global Automotive IoT Market? |
Which region is expected to dominate the global Automotive IoT Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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