Global Embedded Connectivity Solutions Market, By Technology (2G, 3G, 4G/LTE), Type (Hardware, Software, Others), Services (Over-The-Air Updates, Infotainment, Driver Assistance, Live Traffic Information, e-Call, Vehicle Self-Diagnosis, Intelligent Parking, Safety, Entertainment, Well-Being, Vehicle Management, Mobility Management), End-Users (OEM, Aftermarket), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Embedded Connectivity Solutions Market
The embedded connectivity solutions market will reach at an estimated value of USD 136,756.7 million by 2028 and grow at a CAGR of 5.90% in the forecast period of 2021 to 2028. Rise in the effectiveness and efficiency of performance in a vehicle as it provides real-time updates and information acts as an essential factor driving the embedded connectivity solutions market.
Embedded connectivity solutions are defined as the type of technological services and offerings that provide real-time information. This solution is basically a part of the overall electrical and mechanical system which includes the hardware, software and mechanical system as well. The implementation of this service in vehicles provide the driver of the vehicle to be connected with various online platforms, providing safety, security, enhanced performance, comfort and better networking technology.
Rise in demand for automated & management transportation systems is a crucial factor accelerating the market growth, also rise in the production of vehicles in some parts of the world and rise in the demand for new features in the vehicle are the major factors among others boosting the embedded connectivity solutions market. Moreover, increase in the technological advancements and modernization in the connectivity solutions and rise in the research and development activities in the market will further create new opportunities for embedded connectivity solutions market in the forecast period mentioned above.
However, rise in the cost associated with the implementation and complications in the integration of these connectivity services with the vehicle and increase in the concerns regarding the theft of data and privacy concerns are the major factors among others restraining the market growth, and will further challenge the embedded connectivity solutions market in the forecast period mentioned above.
This embedded connectivity solutions market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the embedded connectivity solutions market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Embedded Connectivity Solutions Market Scope and Market Size
The embedded connectivity solutions market is segmented on the basis of technology, type, services and end-users. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of technology, the embedded connectivity solutions market is segmented into2G, 3G and 4G/LTE.
- Based on type, the embedded connectivity solutions market is segmented into hardware, software and others.
- Based on services, the embedded connectivity solutions market is segmented into over-the-air updates, infotainment, driver assistance, live traffic information, e-Call, vehicle self-diagnosis, intelligent parking, safety, entertainment, well-being, vehicle management and mobility management.
- The embedded connectivity solutions market is also segmented on the basis of end-user into OEM and aftermarket.
Embedded Connectivity Solutions Market Scope Country Level Analysis
The embedded connectivity solutions market is analysed and market size, volume information is provided by country, technology, type, services and end-users as referenced above.
The countries covered in the embedded connectivity solutions market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the embedded connectivity solutions market due to rise in the production of vehicles in some parts of the world and rise in the demand for new features in the vehicle in this region.
The country section of the embedded connectivity solutions market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Embedded Connectivity Solutions Market Share Analysis
The embedded connectivity solutions market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to embedded connectivity solutions market.
The major players covered in embedded connectivity solutions market report are Airbiquity Inc.; TomTom International BV; Cisco; Apple Inc.; Delphi Technologies; HARMAN International; Microsoft; QNX Software Systems Limited; Verizon; Sierra Wireless; Intel Corporation; Aeris; Google; NXP Semiconductors; IMS - Part of Trak Global Group; Robert Bosch GmbH; WirelessCar; Texas Instruments Incorporated and Vodafone Automotive SpA. Among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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