TOP 10 COMPANIES IN Automotive IOT MARKET

Automotive IoT market is expected to reach $541.73 billion by 2025, at a CAGR of 16.4% during the forecast period of 2019 to 2025. In the automotive sector, IoT has improvised transportation efficiency and management capabilities and is leading the world to the future of smart, autonomous vehicles. The advent of IoT in the automotive industry encourages the demand for digital devices that help to analyze the real-time data on fleet operators and vehicle users. Subsequently, the adoption of smartphone features in cars among the consumers is intensifying, thereby fueling the growth of the global automotive IoT market.

Here are the top 10 companies operating in Automotive IoT Market

NXP Semiconductors N.V.

NXP Semiconductors designs semiconductors and software for mobile communications, consumer electronics, security applications, in-car entertainment, and networking. The company also offers various products, including driver assistance transceivers, in-vehicle networks, microcontrollers & processors, media & audio, safety & power management, sensors, and smart power drivers in the automotive sector. The company operates through two business segments, namely, High Performance Mixed Signal and Corporate & Other. The High Performance Mixed Signal segment is further categorized into Automotive, Secure Identification Solutions, Secure Connected Devices, and Secure Interfaces & Infrastructure. The company operates in the automotive IoT market through its Automotive segment.

With employees in more than 30 countries, the company has its geographic presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

AT&T Inc.

AT&T offers products in various categories, including satellite television, telephone services, fixed-line telephony, mobile telephony, internet services, broadband, digital television, home security, network security, film production, television production, cable television, pay television, publishing, podcasts, sports management, news agency, and video games. The company operates through five segments, namely, Communications, WarnerMedia, Latin America, Xandr, and Corporate & Other. The Communications segment further classified into Mobility, Entertainment Group, and Business Wireline. The company operates in the automotive IoT market through its Mobility segment.

With employees in more than 30 countries, the company has its geographic presence in North America, Europe, Asia-Pacific, Latin America, and other countries. Some of the major subsidiaries of AT&T are AT&T TV NOW (U.S.), Warner Media, LLC (U.S.), Xandr, Inc. (U.S.), and others.

TomTom International B.V.

TomTom offers devices, digital maps, software, and services. The company operates through two business segments, namely, Automotive & Enterprise and Consumer. The company operates in the automotive IoT market through its Automotive & Enterprise segment.

The company has its geographic presence in North America, Europe, Latin America, Asia-Pacific, and Africa. Some of the major subsidiaries of TomTom are TomTom Africa (Pty) Ltd. (South Africa), Location Navigation Pty Ltd. (Australia), and Gestion Electronica Logistica S.L. (Spain).

Texas Instruments Incorporated

Texas Instruments offers advanced driver assistance systems; body electronics and lighting; hybrid, electric, & powertrain systems; and infotainment & clusters in the automotive sector. The company operates through three business segments, namely, Analog, Embedded Processing, and Other. The company operates in the automotive IoT market through its Analog and Embedded Processing segments.

With all its subsidiaries, the company has its geographic presence across North America, Europe, Asia-Pacific, and the Middle East and Africa.

Microsoft Corporation

Microsoft develops, licenses, and supports a range of software products, services, and devices. The company offers various products, such as operating systems, cross-device productivity applications, server applications, business solution applications, desktop and server management tools, software development tools, and video games, among others. It also designs, manufactures, and sells devices, including personal computers (PCs), tablets, gaming and entertainment consoles, phones, other intelligent devices, and related accessories that integrate with its cloud-based offerings. The company operates through three business segments, namely, Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The company operates in the automotive IoT market through its Intelligent Cloud segment.

The company has its geographic presence in North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.

A report into the projected growth of the current Automotive IoT Market by Meticulous Research® has produced some incredible forecasts for the industry. By 2025, it’s expected to have grown at a CAGR of 16.4%, reaching over $541.73 billion.

Cisco Systems, Inc.

Cisco Systems offers products and services in various segments like networking, IoT, mobility & wireless, security, data center, and cloud. In the IoT segment, the company offers products and services, such as IoT networking, IoT gateways, extended enterprise, IoT operations management, IoT data management, and IoT security. The company operates through two segments, namely, Product and Service. The Product segment is further categorized into Infrastructure Platforms, Applications, and Security & Other Products. The company operates in the automotive IoT market through the Infrastructure Platforms segment.

With all its subsidiaries, the company has its geographic presence across North America, Europe, the Middle East & Africa, and Asia Pacific.

Intel Corporation

Intel offers various products, such as central processing units, microprocessors, integrated graphics processing units (iGPU), Systems-On-Chip (SoCs), motherboard chipsets, network interface controllers, modems, mobile phones, solid-state drives, Wi-Fi & Bluetooth chipsets, flash memory, and vehicle automation sensors. The company operates through five business segments, namely, Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solutions Group (NSG), and Programmable Solutions Group (PSG). The company operates in the automotive IoT market through its Internet of Things Group (IOTG) segment.

With employees in more than 150 countries, the company has its geographic presence in North America, Europe, Asia-Pacific, and the Middle East and Africa.

International Business Machines Corporation

IBM is engaged in providing computer solutions. The company operates through five business segments, namely, Cognitive Solutions, Global Business Services (GBS), Technology Services & Cloud Platforms, Systems, and Global Financing. The company provides automotive IoT products and solutions through its Cognitive Solutions and Technology Services & Cloud Platforms segments.

With employees in more than 175 countries, the company has its geographic presence in North America, Europe, Asia Pacific, and the Middle East & Africa

Google (Alphabet Inc.)

Google provides web-based product development tools, operating systems, desktop applications, mobile applications, mobile web applications, mobile standalone applications, hardware, and services. The company operates through four business segments, namely, Google Properties, Google Member’s Properties, Google Other, and Other Bets.

The company has its geographic presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

Apple Inc.

Apple designs, manufactures, markets, and sells mobiles, media devices, and computers. The company sells its products and services mostly through direct sales force; online & retail stores; and through third-party cellular network carriers, resellers, and wholesalers. The company operates through five business segments, namely, iPhone, iPad, Mac, Services, and Other Products.

With its subsidiaries and strong distribution network, the company has its geographic presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Popular Mention: Robert Bosch GMBH

Authoritative Research on the Automotive IoT Market – Global Opportunity Analysis and Industry Forecast (2019-2025)

Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:

  • Recent financial performance
  • Key products
  • Significant company strategies
  • Partnerships and acquisitions

The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.

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