• About us
  • Contact Us
  • Submit a Press Release
Thursday, February 2, 2023
South-Africana
No Result
View All Result
Submit a Press Release
  • Gambia

    The Republic of Gambia’s measures to combat money laundering and terrorist financing

    Education Column: A Brief History of Education in The Gambia – Dr Cherno Omar Barry

    President Barrow Applauds Islamic Development Bank Support to The Gambia –

    Global Banking – Finance Awards® 2022

  • Ghana

    Pandemic control shift seen as economic boon

    Finance Minister may attempt to woo individual bondholders with new terms – Martin Kpebu

    Pandor calls on MTN, Ghana to resolve R13.3-billion tax dispute

    Dr. Akoto, Ghana's President in Waiting and the Backbone of Ghana's Economy Cometh – Modern Ghana

  • Niger

    MOFI: Nigeria’s strategic vision for sustainable economic recovery

    CHAN 2023: Galaxies, Niger battle for semis slot tonight

    New Naira Notes Not Targeted At The Poor – President Muhammadu Buhari

    Ghana, Nigeria, and Kenya lead 25% growth in finance app installs

  • Nigeria

    World Bank Recommends Mixed Reforms To Reduce Nigeria’s Economic Shocks

    Godwin Emefiele: Softly, softly

    Nigeria, India unveil millet production to tackle food insecurity

    DANGOTE REFINERY AND THE NIGERIAN ECONOMY – THISDAY Newspapers

  • More Countries
    • Benin
    • Burkina Faso
    • Cape Verde
    • Gambia
    • Ghana
    • Guinea
    • Guinea-Bissau
    • Ivory Coast
    • Liberia
    • Mali
    • Mauritania
    • Niger
    • Nigeria
    • Senegal
    • Sierra Leone
    • Togo
  • AFRICA
    Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

    Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

    Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

    Spotcovery, intermediaire entre les Afro-Américains et les Africains, a lancé un outil d’optimisation sur le site

    Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

    Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

    The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

    Mradi wa Maji waiimarisha ahadi yake ya kusafisha maji katika Kaunti ya Vihiga, Kenya

  • Press releases
    Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.

    Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.

    CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.

    CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.

    UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period

    UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period

    Methyl Palmitate Market is expected to grow at a CAGR of 5.2 percent during the forecast period

    Methyl Palmitate Market is expected to grow at a CAGR of 5.2 percent during the forecast period

    Bioink Market is expected to grow at a CAGR of 20.48 percent during the forecast period

    Bioink Market is expected to grow at a CAGR of 20.48 percent during the forecast period

    Bio-based Polyurethane Foam Market is expected to grow at a CAGR of 5.9 percent during the forecast period.

    Bio-based Polyurethane Foam Market is expected to grow at a CAGR of 5.9 percent during the forecast period.

    Trending Tags

    • Gambia

      The Republic of Gambia’s measures to combat money laundering and terrorist financing

      Education Column: A Brief History of Education in The Gambia – Dr Cherno Omar Barry

      President Barrow Applauds Islamic Development Bank Support to The Gambia –

      Global Banking – Finance Awards® 2022

    • Ghana

      Pandemic control shift seen as economic boon

      Finance Minister may attempt to woo individual bondholders with new terms – Martin Kpebu

      Pandor calls on MTN, Ghana to resolve R13.3-billion tax dispute

      Dr. Akoto, Ghana's President in Waiting and the Backbone of Ghana's Economy Cometh – Modern Ghana

    • Niger

      MOFI: Nigeria’s strategic vision for sustainable economic recovery

      CHAN 2023: Galaxies, Niger battle for semis slot tonight

      New Naira Notes Not Targeted At The Poor – President Muhammadu Buhari

      Ghana, Nigeria, and Kenya lead 25% growth in finance app installs

    • Nigeria

      World Bank Recommends Mixed Reforms To Reduce Nigeria’s Economic Shocks

      Godwin Emefiele: Softly, softly

      Nigeria, India unveil millet production to tackle food insecurity

      DANGOTE REFINERY AND THE NIGERIAN ECONOMY – THISDAY Newspapers

    • More Countries
      • Benin
      • Burkina Faso
      • Cape Verde
      • Gambia
      • Ghana
      • Guinea
      • Guinea-Bissau
      • Ivory Coast
      • Liberia
      • Mali
      • Mauritania
      • Niger
      • Nigeria
      • Senegal
      • Sierra Leone
      • Togo
    • AFRICA
      Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

      Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

      Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

      Spotcovery, intermediaire entre les Afro-Américains et les Africains, a lancé un outil d’optimisation sur le site

      Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

      Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

      The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

      Mradi wa Maji waiimarisha ahadi yake ya kusafisha maji katika Kaunti ya Vihiga, Kenya

    • Press releases
      Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.

      Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.

      CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.

      CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.

      UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period

      UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period

      Methyl Palmitate Market is expected to grow at a CAGR of 5.2 percent during the forecast period

      Methyl Palmitate Market is expected to grow at a CAGR of 5.2 percent during the forecast period

      Bioink Market is expected to grow at a CAGR of 20.48 percent during the forecast period

      Bioink Market is expected to grow at a CAGR of 20.48 percent during the forecast period

      Bio-based Polyurethane Foam Market is expected to grow at a CAGR of 5.9 percent during the forecast period.

      Bio-based Polyurethane Foam Market is expected to grow at a CAGR of 5.9 percent during the forecast period.

      Trending Tags

      Submit a Press Release
      No Result
      View All Result
      West-africana
      Submit PR
      Home Press Releases

      Automotive IOT Market Size Forecast to Reach $143.7 Billion by 2026

      admin by admin
      February 25, 2022
      in Press Releases
      Share on FacebookShare on Twitter


      (EMAILWIRE.COM, February 25, 2022 ) The global Automotive IoT Market size is forecast to reach $143.7 billion by 2026, growing at CAGR 24.5% during the forecast period 2021-2026. Globally, automotive companies are embracing integrated connectivity to meet the demand for autonomous vehicles for enhancing road safety by using ADAS, satellite-based radio navigation assistance, in-vehicle infotainment and so on and this is set to be the major driver for the growth of the Automotive IoT market during the forecast period. Additionally, roll out of 5G network will increase the demand for autonomous vehicles, owing to low latency and high-speed network is also set to be one of the major factors assisting the market growth during the forecast period 2021-2026. Increasing adoption of Automotive IoT for fleet management is one of the major factors analyzed to drive the market forward. Such factors are set to accelerate the Automotive IoT Market during the forecast period 2021-2026. The rise of Advanced Driver-Assistance Systems (ADAS) such as in-vehicle infotainment systems, Adaptive Cruise Control and satellite-based radio navigation are providing impetus to market growth of the Automotive IoT industry.

      Automotive IOT Market Segment Analysis- by Connectivity Form Factor

      Based on Connectivity Segmentation, Integrated Connectivity held the major market share of the Automotive IOT Market around 42.2% of in 2020, owing to. The growing use of infotainment application and services which is operating through smart devices such as smart mobiles and tablets is analyzed to be one of the major factors influencing the growth of this segment. Integrated connectivity in vehicles improves readability in all weather conditions and optimizes the driving experience due to impressive display quality and intuitive user interface. In 2019, AUDI, Germany based car manufacturer, provides Audi Connect to enable digital communication between drivers, vehicles and infrastructure. It combines all structure that uses network connection with the vehicles to get real-time information as well as enjoying music streaming.

      Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=505380

      Report Price: $ 4500 (Single User License)

      Automotive IOT Market Segment Analysis- by Application

      Based on Application Segmentation, Predictive Maintenance is analyzed to grow with the highest CAGR of around 31.0% in the global Automotive IOT Market during the forecast period 2021-2026. Automotive predictive maintenance is required to optimize engine performance, fuel consumption, monitor and predict ambient conditions for ideal performance. Automotive predictive maintenance relies on a huge amount of data that is collected from sensors placed in vehicles. The data collected are analyzed and processed using algorithms for the system to work. Owing to its benefits such as reduction in maintenance cost, increase in vehicle utilization, an extension of vehicle life, and improvement in vehicle safety, Predictive maintenance is huge among fleet companies to avoid downtime. Moreover, market players are frequently integrating advanced technology to increase the reliability and efficiency of vehicles. In May 2019, BMW AG, a multinational manufacturer of automobiles, incorporated IBM Watson cloud platform into its vehicles. The integration will support predictive maintenance or advanced analytics to ensure there is no unscheduled downtime in production.

      Automotive IOT Market Segment Analysis- by Geography

      North America held the highest Automotive IOT Market share of around 38.6% in the global Automotive IOT Market in 2020 and is further set to grow at a significant rate during the forecast period 2021-2026, owing to the adoption of advanced technology in the automotive sector. The factors such as increasing disposable income which leads to spending heavily on new premium cars with advanced features such as in-vehicle infotainment systems, navigation & telematics solutions to meet the requirements of the expected lifestyle and strict government regulations regarding vehicle safety will fuel the Automotive IOT Market across North America region in long run. According to World Bank Data 2019, the US has the highest disposable income with 55419 per capita incomes; thereby influencing the market growth. As per IndustryARC recent study, the US is the largest provider of telemetry services, thus influences the growth of the automotive IOT market. With the rise in demand for connectivity and fleet management solutions, fleet management companies are adopting telemetric solutions to track vehicle, monitor drivers and optimize fleet movement. In November 2019, General Motors, a USA-based automotive company, announced a new fleet telemetric solution, OnStar Vehicle Insights, to offer fleet managers and drivers with real-time vehicle data like vehicle location, driver performance information, vehicle health, remote commands and so to make the daily task easy. Such telemetric solutions can influence the growth of the Automotive IOT Market in the long run.

      Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=505380

      Automotive IOT Market Drivers

      Rise in demand for connected vehicles

      Increasing demand for connected vehicles is one of the factors that can drive the market forward during the forecast period 2021-2026. The factors such as government initiatives for developing smart transportation systems; rise in demand for smart features in vehicles and automated driving technologies with advanced safety features will boost the demand for connected vehicles. Connected vehicles are equipped with several sensors and processors to provide accurate and real-time information of vehicles to drivers. Connected vehicle technology improves driving and ownership experience as well as adds a safety net with its advanced security features. In April 2019, Hyundai Motor India Ltd launched Hyundai Venue, the first smart connected SUV with an advanced connectivity solution – Hyundai BlueLink. The BlueLink connected technology offers safety features like vehicle theft tracking, road side assistance, vehicle navigation control and immobilization for recovery of stolen vehicles. . Such developments can influence the growth of Automotive IoT market in the long run.

      Increase in adoption of Automotive IOT for fleet management

      Increasing adoption of Automotive IOT for fleet management is one of the major factors analyzed to drive the market forward during the forecast period 2021-2026. The incorporation of IoT in the automotive sector has played a crucial role in the field of fleet management. Vehicles are integrated with several sensors, tracking software, and weight measurement. Fleet operators can easily analyze the data collected from sensors and manage the fleet. Owing to the benefits such as real-time monitoring of the fleet, route management, time & driver management, weight tracking of cargo and optimization of fuel consumption, Large and medium-sized fleet owners are increasingly using fleet management solutions to streamline operations. In October 2020, Mojio, a Canada-based connected mobility platform, and SaaS solutions provider announced a new connected vehicle solution designed specifically for small business fleets, Force by Mojio. By using Force by Mojio small business owners get access to real-time vehicle data and alerts. Such developments can influence the growth of the Automotive IoT market in the long run.

      Automotive IOT Market Challenges

      High Cost and security issues

      High cost acts as a major challenge restraining the market growth of Automotive IoT. The cost of vehicle parts, software , and sensors in Automotive IoT is quite expensive. Apart from the high cost of equipment, huge sum of money is invested in the research and development of autonomous cars for continuous updating. Moreover, autonomous cars are successfully programmed but chances of unexpected technical glitches may happen due to continuous renovation. Furthermore, with the growing adoption of connected cars, security has become a prime concern. Autonomous vehicles are more prone to hacking as they are continuously monitored and tracked which leads to the possible collection of personal data. Owing to the above-mentioned factors, demand for Automotive IoT will be significantly impacted, thus hampering its market growth.

      Automotive IOT Market Landscape

      Partnership, Product launches, Acquisitions, Collaboration, and R&D activities are key strategies adopted by players in the Automotive IOT Market. The Automotive IOT Market top 10 companies include Texas Instruments, IBM Corporation, Microsoft Corporation, AUDI AG, General Motor, NXP Semiconductors, CISCO, AT & T, Thales SA and Robert Bosch.

      Acquisitions/Technology Launches

      In August 2021, General Motors and AT&T collaborated to bring 5G cellular connectivity to millions of GM vehicles over the next decade in US. GM and AT&T are joining hands to set the standard for automotive connectivity with a fifth-generation cellular network to meet the demand of electric and autonomous cars.

      In January 2021, NXP Semiconductor announced BlueBox 3.0, the latest and expanded version of Automotive High Performance Compute (AHPC) development platform. BlueBox 3.0 provides a flexible way to address user-defined vehicles, safety Level 2+ (L2+) automated driving, and the evolving vehicle architectures that will modernize connected vehicle.

      Key Takeaways

      Integrated Connectivity held the major market share of the Automotive IOT Market, owing to increase in demand for infotainment services.

      Predicitive Maintenenace is analyzed to grow with the highest CAGR of around X% in the global Automotive IOT Market, owing to its benefits such as reduction in maintenance cost, increase in vehicle utilization, and extension of vehicle life.

      North America dominated the Automotive IOT Market in terms of value in 2020 owing to the adoption of advanced technology in the automotive industry.

      Related Reports:

      A. Internet Of Things Technology Market

      https://www.industryarc.com/Research/Internet-Of-Things-Technology-Market-Research-505373

      B. IoT Sensors Market

      https://www.industryarc.com/Report/18893/iot-sensors-market

      For more Electronics Market reports, please click here

      About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



      Source link

      Previous Post

      Network Analytics Market Witness the Growth of $3.6 billion at a CAGR of 20.5% by 2024

      Next Post

      Deicing Fluid Market Size Forecast to Reach $ 2.3 Billion by 2026

      Related Posts

      Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.
      Press Releases

      Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.

      January 28, 2023
      CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.
      Press Releases

      CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.

      January 28, 2023
      UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period
      Press Releases

      UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period

      January 28, 2023
      Bioink Market is expected to grow at a CAGR of 20.48 percent during the forecast period
      Press Releases

      Bioink Market is expected to grow at a CAGR of 20.48 percent during the forecast period

      January 27, 2023
      Bio-based Polyurethane Foam Market is expected to grow at a CAGR of 5.9 percent during the forecast period.
      Press Releases

      Bio-based Polyurethane Foam Market is expected to grow at a CAGR of 5.9 percent during the forecast period.

      January 27, 2023
      Methyl Palmitate Market is expected to grow at a CAGR of 5.2 percent during the forecast period
      Press Releases

      Methyl Palmitate Market is expected to grow at a CAGR of 5.2 percent during the forecast period

      January 27, 2023

      Discussion about this post

      LATEST NEWS

      Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

      Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

      February 2, 2023
      Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

      Spotcovery, intermediaire entre les Afro-Américains et les Africains, a lancé un outil d’optimisation sur le site

      February 2, 2023
      Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

      Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

      February 1, 2023

      The Republic of Gambia’s measures to combat money laundering and terrorist financing

      January 30, 2023

      About

      West Africana™ reports and aggregates business, socio-economic, Tech and industrial news on Western African countries.

      We provide press release distribution to media outlets in Africa including Gambia, Ghana, Niger, Nigeria and  Africa. To submit a press release today, contact us.

      Categories

      GAMBIA

      GHANA

      NIGER

      NIGERIA

      AFRICA

      PRESS RELEASES

      MORE COUNTRIES

      Recent Post

      Recent Posts
      • Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.
      • Spotcovery, intermediaire entre les Afro-Américains et les Africains, a lancé un outil d’optimisation sur le site
      • Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site
      • The Republic of Gambia’s measures to combat money laundering and terrorist financing

      Subscribe to Our Newsletter

        Share Us

        Share Us

        • +1 832 716 2363
        • +12816454086
        • Email: Email Us
        • Skype: groupwebmedia

        West Africana™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC

        No Result
        View All Result
        • Gambia
        • Ghana
        • Niger
        • Nigeria
        • More Countries
          • Benin
          • Burkina Faso
          • Cape Verde
          • Gambia
          • Ghana
          • Guinea
          • Guinea-Bissau
          • Ivory Coast
          • Liberia
          • Mali
          • Mauritania
          • Niger
          • Nigeria
          • Senegal
          • Sierra Leone
          • Togo
        • AFRICA
        • Press Releases
        • About us
          • Submit Press Release
          • Contact Us

        West Africana™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC