MarkNtel Advisors recently published a report, titled, ” Global Automotive Cloud Market By Application (Infotainment, V2X, Telematics), By Vehicle (Passenger Vehicles, Commercial Vehicles) By Deployment (Public, Private),. As per as the report The Global Automotive Cloud Market Analysis, 2021,” the market likely to grow at a CAGR of around 18% during 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.
Leading Companies in Global Automotive Cloud Market:
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, etc.
Global Automotive Cloud Market Segmentation:
By Application
-Infotainment
-V2X
-Telematics
By Vehicle
-Passenger Vehicles
-Commercial Vehicles
By Deployment
-Public Cloud
-Private Cloud
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By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific.
Key questions answered in the Global Automotive Cloud Market are:
•What is Global Automotive Cloud Market?
•What was the market size in 2020?
•What is the growth rate of the Global Automotive Cloud Market?
•Which are the factors expected to drive the market growth?
•What are the different segments of the Global Automotive Cloud Market?
•What segments are covered in the Market?
•Who are the key players in the Global Automotive Cloud Market?
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