The IoT Fleet Management Market is estimated to grow at a CAGR of 21.26% during the forecast period, to reach a market size of USD 8.28 billion by 2021. The rising demand for optimum operational efficiency, increased profitability, improved fuel economy, reduced maintenance cost, and …
The Automotive HMI Market is projected to grow at a CAGR of 11.93%, to reach USD 28.13 billion by 2021. The focus on enhanced user experience and convenience features coupled with the rising demand for advanced technology is projected to drive the automotive HMI market. …
The ADAS Market ( advanced driver assistance system) is estimated to be USD 30.0 billion in 2019 and is projected to reach USD 134.9 billion by 2027, at a CAGR of 20.7%. This technology improves the driving experience while enhancing vehicle and pedestrian safety. It …
The Telematics Solutions Market for on & off-highway vehicles is estimated to grow at a CAGR of 14.37% during the forecast period, to reach a market size of USD 40.84 billion by 2022. The rising demand for raw vehicular data, enhanced comfort and entertainment features, …
Vehicle manufacturers are increasingly focusing on the implementation of advanced technologies in vehicles. The megatrends of vehicle lightweighting, autonomous vehicles, connectivity services, and electrification of vehicles will transform the automotive industry. These trends would also create revenue generation opportunities for automotive engineering service providers. The …
The Global Connected Car Devices Market is projected to grow at a CAGR of 16.3% during the forecast period, to reach USD 57.15 billion by 2021. Increasing penetration of telecommunication services in the automotive industry will boost the automotive connected car device market Demand for …
According to a new market research report, “Smart Transportation Market by Solutions (Ticketing Management, Parking Management, Passenger Information, Traffic Management), Services (Traditional, Advanced, Software) Worldwide Analysis and Forecasts (2012 – 2018)”published by MarketsandMarkets, the Smart Transportation market expected to reach more than $102.31 billion by …