Market Analysis
Market Research Future (MRFR) presumes the global connected mobility solutions market to register a compound annual growth rate of 19% from 2020 to 2027 (forecast period).
The connected mobility solutions market has been examined and is expected to grow in the next years. The significant increase in demand for cloud-based connected solutions in the automotive sector, as well as connected self-governed automobiles, is directly proportional to the increasing integration of cutting-edge technological services in smart networked mobility devices in vehicles.
The incorporation of the Internet of Things (IoT) in connected mobility solutions and the deployment of smart infrastructure projects around the world has significantly accelerated the industry. The growing demand for digitization, as well as the requirement of smart technology solutions such as crash detection of passenger vehicles using a sensor device, has provided the connected mobility solutions market with a promising opportunity to reinvent business processes while also making mobility safer, more efficient, and convenient.
Get Sample Copy: https://www.marketresearchfuture.com/sample_request/871
COVID-19 Impact on the Global Connected Mobility Solutions Market
The COVID 19 outbreak has had serious economic ramifications around the world, impacting every aspect of a normal person's life. Businesses now have to fight two battles at the same time, one in the health sector and one in the economy.
This is a time of imposed recession, and the cost to corporations exceeds a trillion dollars. There are rumors that the first quarter of the new fiscal year will be a moment of revival for the connected mobility solutions market.
As a result of the situation, the market for connected mobility solutions is shifting and favoring more technically advanced and real-time solutions. The goal is to implement cost-effective techniques that produce the necessary demand. The rising usage of digital transformation, autonomous solutions, and the deployment of smart infrastructure, cloud-based technical updates, and recovery solutions for business reengineering and technical consultations will help the mobility solutions market generate and promote growth.
Market Segmentation
The global connected mobility solutions industry has been segmented into technology, applications, and connectivity.
By technology, the global connected mobility solutions market has been segmented into Wi-Fi, Bluetooth, and 4G.
By applications, the global connected mobility solutions market has been segmented into navigation and telematics.
By connectivity, the global connected mobility solutions market has been segmented into Integrated Connectivity and Embedded Connectivity.
Regional Analysis
The global connected mobility solutions market is studied for Asia Pacific, North America, Europe, and the Rest of the World.
North America is predicted to account for the greatest share of the connected mobility market and to develop at a rapid pace during the forecast period. The expansion of the market in North America is due to the region's rising adoption of the internet of things. Furthermore, automobile businesses in the United States and Canada are developing new technologies to eliminate accidents and deliver a secure and safe experience.
The growing need for connected mobility solutions in the automotive sector is propelling Europe's connected mobility market forward. However, the industry is rising quickly in Asia Pacific countries like China, Japan, and India, among others, due to people's rising acceptance of smart and electric vehicles. Customers now prefer to buy a vehicle with self-sustaining and better-connected technology, and China has been acknowledged as the top economy demonstrating considerable growth in the connected mobility market.
Key Players
Mitsubishi Motors Corporation (Japan), Cisco System Inc (U.S.), Robert Bosch GmbH (Germany), Deutsche Telekom AG (Germany), Siemens AG (Germany), Nokia Networks (Finland), Molex Incorporated (U.S.), HUBER+SUHNER (Switzerland), NXP Semiconductors N.V. (Netherlands) along with others.
For More Information:
https://www.marketresearchfuture.com/reports/connected-mobility-solutions-market-871
Top Trending Reports By MRFR:
Mobile Money Market Research Report- Forecast 2027
https://www.marketresearchfuture.com/reports/mobile-money-market-1052
Mobile User Interface Services Market Research Report- Global Forecast to 2027
https://www.marketresearchfuture.com/reports/mobile-user-interface-services-market-1093
Global Next Generation Wireless Communication Market Research Report- Global Forecast 2027
https://www.marketresearchfuture.com/reports/next-generation-wireless-communication-market-1148
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
Comments
Post a Comment