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Asia Pacific Iot In Automotive Market

Asia-Pacific IoT in Automotive Market- Industry Size, Share, Trend Analysis and Forecast Report, 2018-2028, Segmented By Offering (Hardware, Software and Service); By Connectivity Form Factor (Embedded, Tethered and Integrated); By Communication Type (In-Vehicle, Vehicle-To-Vehicle and Vehicle-To-Infrastructure); By Application (Navigation, Telematics and Infotainment); By Country (China, India, Malaysia, Singapore, Thailand, Vietnam, Indonesia, Japan, South Korea, Australia and Rest Of Asia-Pacific)

  • Published Date: May 2022
  • Report ID: BWC22156
  • Available Format: PDF
  • Page: 305

Report Overview

The growth of the Asia-Pacific IoT in Automotive market can be primarily attributed to the 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 automotives in the Asia Pacific region...

Asia-Pacific IoT in Automotive Market- Industry Trends & Forecast Report 2028

The Asia-Pacific IoT in automotive market was worth USD 2,325.70 Million in 2021, and it is further projected to reach USD 33,545.12 Million by 2028, exhibiting a CAGR of 47.6% during 2022-2028 (forecast period). The growth of the IoT in automotive market can be primarily attributed to the 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. These factors are likely to bolster the IoT in automotive market in the Asia-Pacific region over the forecast years.

Asia-Pacific IoT in Automotive Market

Asia-Pacific IoT in Automotive Overview

Internet of Things refers to a connection of billions of tangible and complex devices like electronics, gateways, actuators, sensors, and platform hubs that interact over a wireless network, share data, and operate without any human intervention. The term 'IoT in automotive' is the embedding of IoT technologies into the automotive systems to form new applications and solutions that make the vehicles more intelligent and smarter while facilitating efficient, safe, and comfortable driving. IoT features in automotive include fleet management, connected cars, automotive maintenance systems, autonomous cars, in-vehicle infotainment, and telematics. Other features of automotive IoT include predictive maintenance, which prevents vehicles from further damage.

Asia-Pacific IoT in Automotive Market Trends

Growth Driver

Several Benefits Offered by Adoption of IoT in Automobile Industry

One of the major factors that reflects the well-being of a country is the development of its transportation sector. IoT serves significant functions in an electric vehicle since it is an imperative tool to reduce fuel cost and, consequently, the impact of global warming, a major global problem. Moreover, IoT in transportation eradicates the issues such as poor fleet management via better analytics and control, including monitoring idling, travel conditions, fuel consumption, and travel time between points. The connected, IoT-enabled car offers opportunities for consumers and automotive manufacturers. Connected cars integrate the traffic and navigation information, entertainment, and advanced features such as remote diagnostics and maintenance, emergency, and assistance which is a major attraction among the customers. For manufacturers, it permits valuable insights into vehicle performance and operations, safety services for a vehicle's lifetime, and remote diagnostics, thus creating better interaction with the customers. Such benefits lead to greater adoption of Internet of Things enabled automotive in the Asia-Pacific region, consequently driving the market growth during the forecast period.

Burgeoning Production of IoT enabled Automotive in the Asia-Pacific Region

Currently, the Asia-Pacific is the fastest-growing IoT in automotive market globally. The chief countries like China, Japan, and India are adopting IoT at a faster pace, which, in turn, is driving the adoption of IoT in the Asia-Pacific automotive market. This could be ascribed to factors such as the increasing level of pollution in Asian countries, particularly in China. As a result, the governments have been emphasizing lesser CO2 emission and fuel-efficient solutions where IoT-enabled navigation and telematics play a significant role by reducing carbon emission and providing real-time emission data. As a result, the Asia-Pacific is expected to become one of the most prominent markets by 2025 for IoT enabled cars owing to high growth.

Restraints

Inadequate Regulatory Standards in Asia-Pacific coupled with Issues related to Data Privacy

The Regulatory standard in the Asia-Pacific region has not evolved at the same stride as technology has evolved. Consequently, the rapid adoption of automotive IoT in this region is expected to be challenging in the upcoming years. Furthermore, IoT solutions and services produce a great deal of data to predict and make decisions. The data thus generated is relocated to personal devices such as smartphones or through cloud services. As a result, the user's data is exposed to potential cyberattacks and thefts. The cases of malware attacks are very common in IoT applications, particularly in the Asia-Pacific region, and despite the devices offering advanced in-built security features, these are not sufficient to protect data. These factors act as potential restraints in the IoT in the automotive market in the Asia-Pacific region over the forecast years.

Impact of COVID-19 on Asia-Pacific IoT in Automotive Market

The IoT in Automotive market was negatively impacted due to COVID-19 in 2020 in different ways. Such as transportation limitations implemented worldwide in response to the pandemic and resulting in the disruption of the supply chain of primary raw materials required for IoT in Automotive production. The unprecedented outbreak of COVID-19 tremendously halted the growth of the global IoT in automotive market. As the countries imposed strict lockdowns to curb the spread of the virus, demand for automobiles suffered a setback, thus affecting the manufacturing of automobiles. Following the COVID-19, even after the restrictions were relaxed, the scarcity of body parts and workers led to a standstill in automotive production. This resulted in a sharp drop in the demand for IoT automotive during this period, causing huge losses to the market. Nevertheless, with the gradual recovery of the global economy, the market is expected to regain momentum in the Asia-Pacific region.

Asia-Pacific IoT in Automotive Market – By Offering

Based on offerings, the Asia-Pacific IoT in automotive market has been segmented into hardware, software, and service. Amidst all the offerings, the software segment accounted for the largest market share in 2021. This is due to the fact that AI and apps make up about 90% of the software in self-driving cars, whereas the hardware makes up only 10%. Moreover, self-driving cars and improved mobile networks are anticipated to drive the software segment during the forecast period. Contrastingly, since the hardware in IoT is used to establish connectivity among different elements forming the IoT network, its market is also expected to register significant growth during the forecast period.

The Asia-Pacific IoT in Automotive Market – By Connectivity Form Factor

Based on the connectivity form factors, the global IoT in automotive market has been segmented into embedded, tethered, and integrated. Amidst the segmentation, the embedded segment held the largest market share in 2021. Nevertheless, the integrated connectivity is expected to witness the highest growth rate during the forecast period 2022-2028, owing to the increment in-app integration in vehicles. The enhanced rate of integrating vehicles with other devices and infrastructure allows enhanced connectivity, including competencies such as smart traffic routing of autonomous and self-driving vehicles, which improves roadway efficiency besides aggravating the demand for integrated connectivity.

The Asia-Pacific IoT in Automotive Market- Country Insights                         

In terms of the regional analysis, the Asia-Pacific IoT in Automotive market can be segmented into China, India, Malaysia, Singapore, Thailand, Vietnam, Indonesia, Japan, South Korea, Australia, and the rest of the Asia-Pacific. Amidst the segmentation, China is expected to exhibit the highest CAGR in the region since it is the fastest-growing automotive technology manufacturer. India is also a growing technology hub with fresh advancements in IoT and telematics, which has improved communications, connectivity, and responses that offer infotainment, security, safety, and increased vehicle management to drivers, passengers, and commuters. Moreover, the increasing affordability of technologically advanced automotive solutions in the region has altered the consumption patterns in the Asia-Pacific region.

Competitive Landscape

The Asia-Pacific IoT in Automotive market is characterized by the presence of many local, regional, and global vendors. The key players operating in the Asia-Pacific IoT in Automotive market are AT&T Inc, AUDI AG, BMW AG, Cisco Systems Inc., Ford Motor Company, Honda Motor Company, Ltd, Honeywell International Inc., Robert Bosch GMBH, Tesla, Toyota Motor Corp., and other prominent players. The players maintain their dominance in the market by investing in research and development activities, integrating the latest and advanced technologies into their products, and launching improved products for the customers. Different strategies are adopted, like engaging in strategic alliances, agreements, mergers, and collaborations.

 

Recent Developments

 

  • December 2021: Karamba Security announced a USD 10 Billion extension to the USD 12 Billion raised in its 2017 Series B investment capital transaction. The extension was spearheaded by VinFast, an automotive company that is part of Vietnam's Vingroup conglomerate. Karamba Security is a security firm located in Israel that focuses on the IoT and automotive industries.

 

  • April 2021: Honda has partnered with Verizon to investigate how 5G and mobile edge computing (MEC) might improve the safety of connected vehicles. The collaboration began when both businesses participated in the University of Michigan's Mcity testbed for connected and autonomous automobiles. MEC allows data to be processed locally rather than transferred to and from the cloud, lowering latency and speeding up decisions. MEC is especially important for autonomous vehicles to ensure that actions can be made quickly in response to rapidly changing and often unpredictable road conditions

 

Scope of Report

     

Attribute Details
Years Considered Historical data – 2018-2021
Base Year – 2021
Forecast – 2022 – 2028
Facts Covered Revenue in USD Million
Market Coverage The Asia-Pacific- China, India, Malaysia, Singapore, Thailand, Vietnam, Indonesia, Japan, South Korea, Australia and rest of the Asia-Pacific
Product/Service Segmentation By offering, by connectivity form factor, by communication type, by application and by country
Key Players The key players operating in the Asia-Pacific IoT in Automotive market are AT&T Inc, AUDI AG, BMW AG, Cisco Systems Inc., Ford Motor Company, Honda Motor Company, Ltd, Honeywell International Inc., Robert Bosch GMBH, Tesla, Toyota Motor Corp. and other prominent players other prominent players

 

By Offering

  • Hardware
  • Software
  • Service

By Connectivity Form factor

  • Embedded
  • Tethered
  • Integrated

By Communication Type

  • In-Vehicle
  • Vehicle-to-Vehicle
  • Vehicle-to-Infrastructure

By Application

  • Navigation
  • Telematics
  • Infotainment

By Country

  • China
  • India
  • Malaysia
  • Singapore
  • Thailand
  • Vietnam
  • Indonesia
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Country
    5. Assumption & Limitation
  3. Executive Summary
  4. Asia Pacific IoT in Automotive Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    3. Technological Advancement/Recent Development
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  5. Asia Pacific IoT in Automotive Market Overview
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Offering
        1. Hardware
        2. Software
        3. Service
      2. By Connectivity Form Factor
        1. Embedded
        2. Tethered
        3. Integrated
      3. By Communication Type
        1. In-Vehicle
        2. Vehicle-to-Vehicle
        3. Vehicle-to-Infrastructure
      4. By Application
        1. Navigation
        2. Telematics
        3. Infotainment
      5. By Country
        1. China
        2. India
        3. Malaysia
        4. Singapore
        5. Thailand
        6. Vietnam
        7. Indonesia
        8. Japan
        9. South Korea
        10. Australia
        11. Rest of Asia-Pacific
  6. China IoT in Automotive Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Offering
      2. By Connectivity Form Factor
      3. By Communication Type
      4. By Application
  7. India IoT in Automotive Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Offering
      2. By Connectivity Form Factor
      3. By Communication Type
      4. By Application
  8. Malaysia IoT in Automotive Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Offering
      2. By Connectivity Form Factor
      3. By Communication Type
      4. By Application
  9. Singapore IoT in Automotive Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Offering
      2. By Connectivity Form Factor
      3. By Communication Type
      4. By Application
  10. Thailand IoT in Automotive Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Offering
      2. By Connectivity Form Factor
      3. By Communication Type
      4. By Application
  11. Vietnam IoT in Automotive Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Offering
      2. By Connectivity Form Factor
      3. By Communication Type
      4. By Application
  12. Indonesia IoT in Automotive Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Offering
      2. By Connectivity Form Factor
      3. By Communication Type
      4. By Application
  13. Japan IoT in Automotive Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Offering
      2. By Connectivity Form Factor
      3. By Communication Type
      4. By Application
  14. South Korea IoT in Automotive Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Offering
      2. By Connectivity Form Factor
      3. By Communication Type
      4. By Application
  15. Australia IoT in Automotive Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Offering
      2. By Connectivity Form Factor
      3. By Communication Type
      4. By Application
  16. Rest of Asia-Pacific IoT in Automotive Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Offering
      2. By Connectivity Form Factor
      3. By Communication Type
      4. By Application
  17. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Merger, Acquisition, Partnership.)
  18. Impact of Covid-19 on Asia Pacific IoT in Automotive Market Industry
  19. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
    1. AT&T Inc
    2. AUDI AG
    3. BMW AG
    4. Cisco Systems Inc.
    5. Ford Motor Company
    6. Honda Motor Company, Ltd
    7. Honeywell International Inc.
    8. Robert Bosch GMBH
    9. Tesla
    10. Toyota Motor Corp.
    11. Other prominent players
  20. Key Strategic Recommendations

 

List of Figures

 

Figure 1        Asia-Pacific IoT in Automotive Segmentation

Figure 2        Asia-Pacific IoT in Automotive Market Value Chain Analysis

Figure 3        Company Market Share Analysis, 2021

Figure 4        Asia-Pacific IoT in Automotive Market Size, By Value (USD Million), 2018-2028

Figure 5        Asia-Pacific IoT in Automotive Market Share, By Offering, By Value, 2018-2028

Figure 6        Asia-Pacific IoT in Automotive Market Share, By Connectivity Form Factor, By Value, 2018-2028

Figure 7        Asia-Pacific IoT in Automotive Market Share, By Communication Type, By Value, 2018-2028

Figure 8        Asia-Pacific IoT in Automotive Market Share, By Application, By Value, 2018-2028

Figure 9        Asia-Pacific IoT in Automotive Market Share, By Region, By Value, 2018-2028

Figure 10       China IoT in Automotive Market Size, By Value (USD Million), 2018-2028

Figure 11       China IoT in Automotive Market Share, By Offering, By Value, 2018-2028

Figure 12       China IoT in Automotive Market Share, By Connectivity Form Factor, By Value, 2018-2028

Figure 13       China IoT in Automotive Market Share, By Communication Type, By Value, 2018-2028

Figure 14       China IoT in Automotive Market Share, By Application, By Value, 2018-2028

Figure 15       China IoT in Automotive Market Share, By Country, By Value, 2018-2028

Figure 16       India IoT in Automotive Market Size, By Value (USD Million), 2018-2028

Figure 17       India IoT in Automotive Market Share, By Offering, By Value, 2018-2028

Figure 18       India IoT in Automotive Market Share, By Connectivity Form Factor, By Value, 2018-2028

Figure 19       India IoT in Automotive Market Share, By Communication Type, By Value, 2018-2028

Figure 20       India IoT in Automotive Market Share, By Application, By Value, 2018-2028

Figure 21       India IoT in Automotive Market Share, By Country, By Value, 2018-2028

Figure 22       Malaysia IoT in Automotive Market Size, By Value (USD Million), 2018-2028

Figure 23       Malaysia IoT in Automotive Market Share, By Offering, By Value, 2018-2028

Figure 24       Malaysia IoT in Automotive Market Share, By Connectivity Form Factor, By Value, 2018-2028

Figure 25       Malaysia IoT in Automotive Market Share, By Communication Type, By Value, 2018-2028

Figure 26       Malaysia IoT in Automotive Market Share, By Application, By Value, 2018-2028

Figure 27       Malaysia IoT in Automotive Market Share, By Country, By Value, 2018-2028

Figure 28       Singapore IoT in Automotive Market Size, By Value (USD Million), 2018-2028

Figure 29       Singapore IoT in Automotive Market Share, By Offering, By Value, 2018-2028

Figure 30       Singapore IoT in Automotive Market Share, By Connectivity Form Factor, By Value, 2018-2028

Figure 31       Singapore IoT in Automotive Market Share, By Communication Type, By Value, 2018-2028

Figure 32       Singapore IoT in Automotive Market Share, By Application, By Value, 2018-2028

Figure 33       Singapore IoT in Automotive Market Share, By Country, By Value, 2018-2028

Figure 34       Thailand IoT in Automotive Market Size, By Value (USD Million), 2018-2028

Figure 35       Thailand IoT in Automotive Market Share, By Offering, By Value, 2018-2028

Figure 36       Thailand IoT in Automotive Market Share, By Connectivity Form Factor, By Value, 2018-2028

Figure 37       Thailand IoT in Automotive Market Share, By Communication Type, By Value, 2018-2028

Figure 38       Thailand IoT in Automotive Market Share, By Application, By Value, 2018-2028

Figure 39       Thailand IoT in Automotive Market Share, By Country, By Value, 2018-2028

Figure 40       Vietnam IoT in Automotive Market Share, By Offering, By Value, 2018-2028

Figure 41       Vietnam IoT in Automotive Market Share, By Connectivity Form Factor, By Value, 2018-2028

Figure 42       Vietnam IoT in Automotive Market Share, By Communication Type, By Value, 2018-2028

Figure 43       Vietnam IoT in Automotive Market Share, By Application, By Value, 2018-2028

Figure 44       Vietnam IoT in Automotive Market Share, By Country, By Value, 2018-2028

Figure 45       Indonesia IoT in Automotive Market Share, By Offering, By Value, 2018-2028

Figure 46       Indonesia IoT in Automotive Market Share, By Connectivity Form Factor, By Value, 2018-2028

Figure 47       Indonesia IoT in Automotive Market Share, By Communication Type, By Value, 2018-2028

Figure 48       Indonesia IoT in Automotive Market Share, By Application, By Value, 2018-2028

Figure 49       Indonesia IoT in Automotive Market Share, By Country, By Value, 2018-2028

Figure 50       Japan IoT in Automotive Market Share, By Offering, By Value, 2018-2028

Figure 51       Japan IoT in Automotive Market Share, By Connectivity Form Factor, By Value, 2018-2028

Figure 52       Japan IoT in Automotive Market Share, By Communication Type, By Value, 2018-2028

Figure 53       Japan IoT in Automotive Market Share, By Application, By Value, 2018-2028

Figure 54       Japan IoT in Automotive Market Share, By Country, By Value, 2018-2028

Figure 55       South Korea IoT in Automotive Market Share, By Offering, By Value, 2018-2028

Figure 56       South Korea IoT in Automotive Market Share, By Connectivity Form Factor, By Value, 2018-2028

Figure 57       South Korea IoT in Automotive Market Share, By Communication Type, By Value, 2018-2028

Figure 58       South Korea IoT in Automotive Market Share, By Application, By Value, 2018-2028

Figure 59       South Korea IoT in Automotive Market Share, By Country, By Value, 2018-2028

Figure 60       Australia IoT in Automotive Market Share, By Offering, By Value, 2018-2028

Figure 61       Australia IoT in Automotive Market Share, By Connectivity Form Factor, By Value, 2018-2028

Figure 62       Australia IoT in Automotive Market Share, By Communication Type, By Value, 2018-2028

Figure 63       Australia IoT in Automotive Market Share, By Application, By Value, 2018-2028

Figure 64       Australia IoT in Automotive Market Share, By Country, By Value, 2018-2028

Figure 65       Rest of Asia-Pacific IoT in Automotive Market Share, By Offering, By Value, 2018-2028

Figure 66       Rest of Asia-Pacific IoT in Automotive Market Share, By Connectivity Form Factor, By Value, 2018-2028

Figure 67       Rest of Asia-Pacific IoT in Automotive Market Share, By Communication Type, By Value, 2018-2028

Figure 68       Rest of Asia-Pacific IoT in Automotive Market Share, By Application, By Value, 2018-2028

Figure 69       Rest of Asia-Pacific IoT in Automotive Market Share, By Country, By Value, 2018-2028

 

List of Tables

 

Table 1         Asia-Pacific IoT in Automotive Market Size, By Offering, By Value, 2018-2028

Table 2         Asia-Pacific IoT in Automotive Market Size, By Connectivity Form Factor, By Value, 2018-2028

Table 3         Asia-Pacific IoT in Automotive Market Size, By Communication Type, By Value, 2018-2028

Table 4         Asia-Pacific IoT in Automotive Market Size, By Application, By Value, 2018-2028

Table 5         Asia-Pacific IoT in Automotive Market Size, By Region, By Value, 2018-2028

Table 6         China IoT in Automotive Market Size, By Offering, By Value, 2018-2028

Table 7         China IoT in Automotive Market Size, By Connectivity Form Factor, By Value, 2018-2028

Table 8         China IoT in Automotive Market Size, By Communication Type, By Value, 2018-2028

Table 9         China IoT in Automotive Market Size, By Application, By Value, 2018-2028

Table 10        China IoT in Automotive Market Size, By Country, By Value, 2018-2028

Table 11        India IoT in Automotive Market Size, By Offering, By Value, 2018-2028

Table 12        India IoT in Automotive Market Size, By Connectivity Form Factor, By Value, 2018-2028

Table 13        India IoT in Automotive Market Size, By Communication Type, By Value, 2018-2028

Table 14        India IoT in Automotive Market Size, By Application, By Value, 2018-2028

Table 15        India IoT in Automotive Market Size, By Country, By Value, 2018-2028

Table 16        Malaysia IoT in Automotive Market Size, By Offering, By Value, 2018-2028

Table 17        Malaysia IoT in Automotive Market Size, By Connectivity Form Factor, By Value, 2018-2028

Table 18        Malaysia IoT in Automotive Market Size, By Communication Type, By Value, 2018-2028

Table 19        Malaysia IoT in Automotive Market Size, By Application, By Value, 2018-2028

Table 20        Malaysia IoT in Automotive Market Size, By Country, By Value, 2018-2028

Table 21        Singapore IoT in Automotive Market Size, By Offering, By Value, 2018-2028

Table 22        Singapore IoT in Automotive Market Size, By Connectivity Form Factor, By Value, 2018-2028

Table 23        Singapore IoT in Automotive Market Size, By Communication Type, By Value, 2018-2028

Table 24        Singapore IoT in Automotive Market Size, By Application, By Value, 2018-2028

Table 25        Singapore IoT in Automotive Market Size, By Country, By Value, 2018-2028

Table 26        Thailand IoT in Automotive Market Size, By Offering, By Value, 2018-2028

Table 27        Thailand IoT in Automotive Market Size, By Connectivity Form Factor, By Value, 2018-2028

Table 28        Thailand IoT in Automotive Market Size, By Communication Type, By Value, 2018-2028

Table 29        Thailand IoT in Automotive Market Size, By Application, By Value, 2018-2028

Table 30        Thailand IoT in Automotive Market Size, By Country, By Value, 2018-2028

Table 31        Vietnam IoT in Automotive Market Size, By Offering, By Value, 2018-2028

Table 32        Vietnam IoT in Automotive Market Size, By Connectivity Form Factor, By Value, 2018-2028

Table 33        Vietnam IoT in Automotive Market Size, By Communication Type, By Value, 2018-2028

Table 34        Vietnam IoT in Automotive Market Size, By Application, By Value, 2018-2028

Table 35        Vietnam IoT in Automotive Market Size, By Country, By Value, 2018-2028

Table 36        Indonesia IoT in Automotive Market Size, By Offering, By Value, 2018-2028

Table 37        Indonesia IoT in Automotive Market Size, By Connectivity Form Factor, By Value, 2018-2028

Table 38        Indonesia IoT in Automotive Market Size, By Communication Type, By Value, 2018-2028

Table 39        Indonesia IoT in Automotive Market Size, By Application, By Value, 2018-2028

Table 40        Indonesia IoT in Automotive Market Size, By Country, By Value, 2018-2028

Table 41        Japan IoT in Automotive Market Size, By Offering, By Value, 2018-2028

Table 42        Japan IoT in Automotive Market Size, By Connectivity Form Factor, By Value, 2018-2028

Table 43        Japan IoT in Automotive Market Size, By Communication Type, By Value, 2018-2028

Table 44        Japan IoT in Automotive Market Size, By Application, By Value, 2018-2028

Table 45        Japan IoT in Automotive Market Size, By Country, By Value, 2018-2028

Table 46        South-Korea IoT in Automotive Market Size, By Offering, By Value, 2018-2028

Table 47        South-Korea IoT in Automotive Market Size, By Connectivity Form Factor, By Value, 2018-2028

Table 48        South-Korea IoT in Automotive Market Size, By Communication Type, By Value, 2018-2028

Table 49        South-Korea IoT in Automotive Market Size, By Application, By Value, 2018-2028

Table 50        South-Korea IoT in Automotive Market Size, By Country, By Value, 2018-2028

Table 51        Australia IoT in Automotive Market Size, By Offering, By Value, 2018-2028

Table 52        Australia IoT in Automotive Market Size, By Connectivity Form Factor, By Value, 2018-2028

Table 53        Australia IoT in Automotive Market Size, By Communication Type, By Value, 2018-2028

Table 54        Australia IoT in Automotive Market Size, By Application, By Value, 2018-2028

Table 55        Australia IoT in Automotive Market Size, By Country, By Value, 2018-2028

Table 56        Rest of Asia-Pacific IoT in Automotive Market Size, By Offering, By Value, 2018-2028

Table 57        Rest of Asia-Pacific IoT in Automotive Market Size, By Connectivity Form Factor, By Value, 2018-2028

Table 58        Rest of Asia-Pacific IoT in Automotive Market Size, By Communication Type, By Value, 2018-2028

Table 59        Rest of Asia-Pacific IoT in Automotive Market Size, By Application, By Value, 2018-2028

Table 60        Rest of Asia-Pacific IoT in Automotive Market Size, By Country, By Value, 2018-2028

Table 61        AT&T Inc Company Overview

Table 62        AT&T Inc Financial Overview

Table 63        AUDI AG Company Overview

Table 64        AUDI AG Financial Overview

Table 65        Cisco Systems Inc. Company Overview

Table 66        Cisco Systems Inc. Financial Overview

Table 67        Ford Motor Company Overview

Table 68        Ford Motor Company Financial Overview

Table 69        Honeywell International Inc. Company Overview

Table 70        Honeywell International Inc. Financial Overview

Table 71        Tesla Company Overview

Table 72        Tesla Financial Overview

Table 73        Toyota Motor Corp. Company Overview

Table 74        Toyota Motor Corp. Financial Overview

Market Segmentation

By Offering

  • Hardware
  • Software
  • Service

By Connectivity Form factor

  • Embedded
  • Tethered
  • Integrated

By Communication Type

  • In-Vehicle
  • Vehicle-to-Vehicle
  • Vehicle-to-Infrastructure

By Application

  • Navigation
  • Telematics
  • Infotainment

By Country

  • China
  • India
  • Malaysia
  • Singapore
  • Thailand
  • Vietnam
  • Indonesia
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific
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Frequently Asked Questions (FAQs):

Ans: Asia-Pacific IoT in automotive market reached USD 2,325.70 Million in 2021.
Ans: The growth of the IoT in automotive market can be primarily attributed to the 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 automotives in the Asia Pacific region.
Ans: The key players operating in the Asia-Pacific IoT in automotive market are AT&T Inc, AUDI AG, BMW AG, Cisco Systems Inc., Ford Motor Company, Honda Motor Company, Ltd, Honeywell International Inc., Robert Bosch GMBH, Tesla, Toyota Motor Corp. and other prominent players other prominent players.
Ans: The navigation segment accounted for the largest share in the Asia-Pacific IoT in Automotive market.
Ans: China is growing in the Asia-Pacific IoT in Automotive market at a higher rate.