Connected Car
The growth of the automotive IoT market is driven by the increasing number of regulations mandating advanced features in vehicles for enhanced user comfort, safety, and convenience coupled with growing use of telematics and user-based insurance programs are the major factors driving growth of the automotive IoT market. MarketsandMarkets_LogoDownload PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=27200094Browse in-depth TOC on "Automotive IoT Market"197 – Tables61 – Figures322 – PagesBy offering, the software segment is projected to hold the largest share of the automotive IoT market during the forecast period. The software segment held the largest share of the overall automotive IoT market, in terms of value, in 2022. By connectivity form factor, integrated system segment is projected to exhibit highest CAGR for the automotive IoT market during the forecast period. The North American region is expected to hold the largest share of the automotive IoT market during the forecast period.