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Connected Vehicles Market 2020-2024 | Safety and Mobility Benefits Offered by Connected Vehicles to Boost Growth | Technavio


Technavio has been monitoring the connected vehicles market and it is poised to grow by 23.45 million units during 2020-2024, progressing at a CAGR of 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BMW AG, Daimler AG, Fiat Chrysler Automobiles NV, Ford Motor Co., General Motors Co., Honda Motor Co. Ltd., Hyundai Motor Co., Nissan Motor Co. Ltd., Toyota Motor Corp., and Volkswagen AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Safety and mobility benefits offered by connected vehicles has been instrumental in driving the growth of the market.

Connected Vehicles Market 2020-2024: Segmentation

Connected Vehicles Market is segmented as below:

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41173

Connected Vehicles Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our connected vehicles market report covers the following areas:

This study identifies government regulations on mandating connected features in vehicles as one of the prime reasons driving the connected vehicles market growth during the next few years.

Connected Vehicles Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the connected vehicles market, including some of the vendors such as BMW AG, Daimler AG, Fiat Chrysler Automobiles NV, Ford Motor Co., General Motors Co., Honda Motor Co. Ltd., Hyundai Motor Co., Nissan Motor Co. Ltd., Toyota Motor Corp., and Volkswagen AG. Backed with competitive intelligence and benchmarking, our research reports on the connected vehicles market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Connected Vehicles Market 2020-2024: Key Highlights

Table Of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Type

Customer Landscape

Geographic Landscape

Volume Driver - Demand led growth

Market Challenges

Market Trends

Vendor Landscape

Vendor Analysis

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


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