Global Internet of Vehicle Market Research Report 2023

The global Internet of Vehicle market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for Internet of Vehicle is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for Internet of Vehicle is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The global market for Internet of Vehicle in Vehicle-To-Vehicle is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Internet of Vehicle include Ford Motor, Texas Instruments, Audi AG, Intel Corporation, SAP, NXP semiconductors, Apple, Google and IBM, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Internet of Vehicle, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Internet of Vehicle.

The Internet of Vehicle market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Internet of Vehicle market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Internet of Vehicle companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Internet of Vehicle Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Bluetooth

1.2.3 Cellular

1.2.4 Wi-Fi

1.2.5 NFC

1.2.6 Other

1.3 Market by Application

1.3.1 Global Internet of Vehicle Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Vehicle-To-Vehicle

1.3.3 Vehicle-To-Infrastructure

1.3.4 Others

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Internet of Vehicle Market Perspective (2018-2029)

2.2 Internet of Vehicle Growth Trends by Region

2.2.1 Global Internet of Vehicle Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Internet of Vehicle Historic Market Size by Region (2018-2023)

2.2.3 Internet of Vehicle Forecasted Market Size by Region (2024-2029)

2.3 Internet of Vehicle Market Dynamics

2.3.1 Internet of Vehicle Industry Trends

2.3.2 Internet of Vehicle Market Drivers

2.3.3 Internet of Vehicle Market Challenges

2.3.4 Internet of Vehicle Market Restraints

3.1 Global Top Internet of Vehicle Players by Revenue

3.1.1 Global Top Internet of Vehicle Players by Revenue (2018-2023)

3.1.2 Global Internet of Vehicle Revenue Market Share by Players (2018-2023)

3.2 Global Internet of Vehicle Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Internet of Vehicle Revenue

3.4 Global Internet of Vehicle Market Concentration Ratio

3.4.1 Global Internet of Vehicle Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Internet of Vehicle Revenue in 2022

3.5 Internet of Vehicle Key Players Head office and Area Served

3.6 Key Players Internet of Vehicle Product Solution and Service

3.7 Date of Enter into Internet of Vehicle Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Internet of Vehicle Historic Market Size by Type (2018-2023)

4.2 Global Internet of Vehicle Forecasted Market Size by Type (2024-2029)

5.1 Global Internet of Vehicle Historic Market Size by Application (2018-2023)

5.2 Global Internet of Vehicle Forecasted Market Size by Application (2024-2029)

6.1 North America Internet of Vehicle Market Size (2018-2029)

6.2 North America Internet of Vehicle Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Internet of Vehicle Market Size by Country (2018-2023)

6.4 North America Internet of Vehicle Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Internet of Vehicle Market Size (2018-2029)

7.2 Europe Internet of Vehicle Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Internet of Vehicle Market Size by Country (2018-2023)

7.4 Europe Internet of Vehicle Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Internet of Vehicle Market Size (2018-2029)

8.2 Asia-Pacific Internet of Vehicle Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Internet of Vehicle Market Size by Region (2018-2023)

8.4 Asia-Pacific Internet of Vehicle Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Internet of Vehicle Market Size (2018-2029)

9.2 Latin America Internet of Vehicle Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Internet of Vehicle Market Size by Country (2018-2023)

9.4 Latin America Internet of Vehicle Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Internet of Vehicle Market Size (2018-2029)

10.2 Middle East & Africa Internet of Vehicle Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Internet of Vehicle Market Size by Country (2018-2023)

10.4 Middle East & Africa Internet of Vehicle Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 Ford Motor

11.1.1 Ford Motor Company Detail

11.1.2 Ford Motor Business Overview

11.1.3 Ford Motor Internet of Vehicle Introduction

11.1.4 Ford Motor Revenue in Internet of Vehicle Business (2018-2023)

11.1.5 Ford Motor Recent Development

11.2 Texas Instruments

11.2.1 Texas Instruments Company Detail

11.2.2 Texas Instruments Business Overview

11.2.3 Texas Instruments Internet of Vehicle Introduction

11.2.4 Texas Instruments Revenue in Internet of Vehicle Business (2018-2023)

11.2.5 Texas Instruments Recent Development

11.3 Audi AG

11.3.1 Audi AG Company Detail

11.3.2 Audi AG Business Overview

11.3.3 Audi AG Internet of Vehicle Introduction

11.3.4 Audi AG Revenue in Internet of Vehicle Business (2018-2023)

11.3.5 Audi AG Recent Development

11.4 Intel Corporation

11.4.1 Intel Corporation Company Detail

11.4.2 Intel Corporation Business Overview

11.4.3 Intel Corporation Internet of Vehicle Introduction

11.4.4 Intel Corporation Revenue in Internet of Vehicle Business (2018-2023)

11.4.5 Intel Corporation Recent Development

11.5 SAP

11.5.1 SAP Company Detail

11.5.2 SAP Business Overview

11.5.3 SAP Internet of Vehicle Introduction

11.5.4 SAP Revenue in Internet of Vehicle Business (2018-2023)

11.5.5 SAP Recent Development

11.6 NXP semiconductors

11.6.1 NXP semiconductors Company Detail

11.6.2 NXP semiconductors Business Overview

11.6.3 NXP semiconductors Internet of Vehicle Introduction

11.6.4 NXP semiconductors Revenue in Internet of Vehicle Business (2018-2023)

11.6.5 NXP semiconductors Recent Development

11.7 Apple

11.7.1 Apple Company Detail

11.7.2 Apple Business Overview

11.7.3 Apple Internet of Vehicle Introduction

11.7.4 Apple Revenue in Internet of Vehicle Business (2018-2023)

11.7.5 Apple Recent Development

11.8 Google

11.8.1 Google Company Detail

11.8.2 Google Business Overview

11.8.3 Google Internet of Vehicle Introduction

11.8.4 Google Revenue in Internet of Vehicle Business (2018-2023)

11.8.5 Google Recent Development

11.9 IBM

11.9.1 IBM Company Detail

11.9.2 IBM Business Overview

11.9.3 IBM Internet of Vehicle Introduction

11.9.4 IBM Revenue in Internet of Vehicle Business (2018-2023)

11.9.5 IBM Recent Development

11.10 Cisco Systems

11.10.1 Cisco Systems Company Detail

11.10.2 Cisco Systems Business Overview

11.10.3 Cisco Systems Internet of Vehicle Introduction

11.10.4 Cisco Systems Revenue in Internet of Vehicle Business (2018-2023)

11.10.5 Cisco Systems Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Internet of Vehicle Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Bluetooth

    Table 3. Key Players of Cellular

    Table 4. Key Players of Wi-Fi

    Table 5. Key Players of NFC

    Table 6. Key Players of Other

    Table 7. Global Internet of Vehicle Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 8. Global Internet of Vehicle Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 9. Global Internet of Vehicle Market Size by Region (2018-2023) & (US$ Million)

    Table 10. Global Internet of Vehicle Market Share by Region (2018-2023)

    Table 11. Global Internet of Vehicle Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 12. Global Internet of Vehicle Market Share by Region (2024-2029)

    Table 13. Internet of Vehicle Market Trends

    Table 14. Internet of Vehicle Market Drivers

    Table 15. Internet of Vehicle Market Challenges

    Table 16. Internet of Vehicle Market Restraints

    Table 17. Global Internet of Vehicle Revenue by Players (2018-2023) & (US$ Million)

    Table 18. Global Internet of Vehicle Market Share by Players (2018-2023)

    Table 19. Global Top Internet of Vehicle Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Internet of Vehicle as of 2022)

    Table 20. Ranking of Global Top Internet of Vehicle Companies by Revenue (US$ Million) in 2022

    Table 21. Global 5 Largest Players Market Share by Internet of Vehicle Revenue (CR5 and HHI) & (2018-2023)

    Table 22. Key Players Headquarters and Area Served

    Table 23. Key Players Internet of Vehicle Product Solution and Service

    Table 24. Date of Enter into Internet of Vehicle Market

    Table 25. Mergers & Acquisitions, Expansion Plans

    Table 26. Global Internet of Vehicle Market Size by Type (2018-2023) & (US$ Million)

    Table 27. Global Internet of Vehicle Revenue Market Share by Type (2018-2023)

    Table 28. Global Internet of Vehicle Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 29. Global Internet of Vehicle Revenue Market Share by Type (2024-2029)

    Table 30. Global Internet of Vehicle Market Size by Application (2018-2023) & (US$ Million)

    Table 31. Global Internet of Vehicle Revenue Market Share by Application (2018-2023)

    Table 32. Global Internet of Vehicle Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 33. Global Internet of Vehicle Revenue Market Share by Application (2024-2029)

    Table 34. North America Internet of Vehicle Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 35. North America Internet of Vehicle Market Size by Country (2018-2023) & (US$ Million)

    Table 36. North America Internet of Vehicle Market Size by Country (2024-2029) & (US$ Million)

    Table 37. Europe Internet of Vehicle Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 38. Europe Internet of Vehicle Market Size by Country (2018-2023) & (US$ Million)

    Table 39. Europe Internet of Vehicle Market Size by Country (2024-2029) & (US$ Million)

    Table 40. Asia-Pacific Internet of Vehicle Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 41. Asia-Pacific Internet of Vehicle Market Size by Region (2018-2023) & (US$ Million)

    Table 42. Asia-Pacific Internet of Vehicle Market Size by Region (2024-2029) & (US$ Million)

    Table 43. Latin America Internet of Vehicle Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 44. Latin America Internet of Vehicle Market Size by Country (2018-2023) & (US$ Million)

    Table 45. Latin America Internet of Vehicle Market Size by Country (2024-2029) & (US$ Million)

    Table 46. Middle East & Africa Internet of Vehicle Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 47. Middle East & Africa Internet of Vehicle Market Size by Country (2018-2023) & (US$ Million)

    Table 48. Middle East & Africa Internet of Vehicle Market Size by Country (2024-2029) & (US$ Million)

    Table 49. Ford Motor Company Detail

    Table 50. Ford Motor Business Overview

    Table 51. Ford Motor Internet of Vehicle Product

    Table 52. Ford Motor Revenue in Internet of Vehicle Business (2018-2023) & (US$ Million)

    Table 53. Ford Motor Recent Development

    Table 54. Texas Instruments Company Detail

    Table 55. Texas Instruments Business Overview

    Table 56. Texas Instruments Internet of Vehicle Product

    Table 57. Texas Instruments Revenue in Internet of Vehicle Business (2018-2023) & (US$ Million)

    Table 58. Texas Instruments Recent Development

    Table 59. Audi AG Company Detail

    Table 60. Audi AG Business Overview

    Table 61. Audi AG Internet of Vehicle Product

    Table 62. Audi AG Revenue in Internet of Vehicle Business (2018-2023) & (US$ Million)

    Table 63. Audi AG Recent Development

    Table 64. Intel Corporation Company Detail

    Table 65. Intel Corporation Business Overview

    Table 66. Intel Corporation Internet of Vehicle Product

    Table 67. Intel Corporation Revenue in Internet of Vehicle Business (2018-2023) & (US$ Million)

    Table 68. Intel Corporation Recent Development

    Table 69. SAP Company Detail

    Table 70. SAP Business Overview

    Table 71. SAP Internet of Vehicle Product

    Table 72. SAP Revenue in Internet of Vehicle Business (2018-2023) & (US$ Million)

    Table 73. SAP Recent Development

    Table 74. NXP semiconductors Company Detail

    Table 75. NXP semiconductors Business Overview

    Table 76. NXP semiconductors Internet of Vehicle Product

    Table 77. NXP semiconductors Revenue in Internet of Vehicle Business (2018-2023) & (US$ Million)

    Table 78. NXP semiconductors Recent Development

    Table 79. Apple Company Detail

    Table 80. Apple Business Overview

    Table 81. Apple Internet of Vehicle Product

    Table 82. Apple Revenue in Internet of Vehicle Business (2018-2023) & (US$ Million)

    Table 83. Apple Recent Development

    Table 84. Google Company Detail

    Table 85. Google Business Overview

    Table 86. Google Internet of Vehicle Product

    Table 87. Google Revenue in Internet of Vehicle Business (2018-2023) & (US$ Million)

    Table 88. Google Recent Development

    Table 89. IBM Company Detail

    Table 90. IBM Business Overview

    Table 91. IBM Internet of Vehicle Product

    Table 92. IBM Revenue in Internet of Vehicle Business (2018-2023) & (US$ Million)

    Table 93. IBM Recent Development

    Table 94. Cisco Systems Company Detail

    Table 95. Cisco Systems Business Overview

    Table 96. Cisco Systems Internet of Vehicle Product

    Table 97. Cisco Systems Revenue in Internet of Vehicle Business (2018-2023) & (US$ Million)

    Table 98. Cisco Systems Recent Development

    Table 99. Research Programs/Design for This Report

    Table 100. Key Data Information from Secondary Sources

    Table 101. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Internet of Vehicle Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Internet of Vehicle Market Share by Type: 2022 VS 2029

    Figure 3. Bluetooth Features

    Figure 4. Cellular Features

    Figure 5. Wi-Fi Features

    Figure 6. NFC Features

    Figure 7. Other Features

    Figure 8. Global Internet of Vehicle Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 9. Global Internet of Vehicle Market Share by Application: 2022 VS 2029

    Figure 10. Vehicle-To-Vehicle Case Studies

    Figure 11. Vehicle-To-Infrastructure Case Studies

    Figure 12. Others Case Studies

    Figure 13. Internet of Vehicle Report Years Considered

    Figure 14. Global Internet of Vehicle Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 15. Global Internet of Vehicle Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 16. Global Internet of Vehicle Market Share by Region: 2022 VS 2029

    Figure 17. Global Internet of Vehicle Market Share by Players in 2022

    Figure 18. Global Top Internet of Vehicle Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Internet of Vehicle as of 2022)

    Figure 19. The Top 10 and 5 Players Market Share by Internet of Vehicle Revenue in 2022

    Figure 20. North America Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 21. North America Internet of Vehicle Market Share by Country (2018-2029)

    Figure 22. United States Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. Canada Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. Europe Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. Europe Internet of Vehicle Market Share by Country (2018-2029)

    Figure 26. Germany Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. France Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. U.K. Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. Italy Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Russia Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Nordic Countries Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Asia-Pacific Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Asia-Pacific Internet of Vehicle Market Share by Region (2018-2029)

    Figure 34. China Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Japan Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. South Korea Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. Southeast Asia Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. India Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Australia Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Latin America Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Latin America Internet of Vehicle Market Share by Country (2018-2029)

    Figure 42. Mexico Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Brazil Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Middle East & Africa Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 45. Middle East & Africa Internet of Vehicle Market Share by Country (2018-2029)

    Figure 46. Turkey Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. Saudi Arabia Internet of Vehicle Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 48. Ford Motor Revenue Growth Rate in Internet of Vehicle Business (2018-2023)

    Figure 49. Texas Instruments Revenue Growth Rate in Internet of Vehicle Business (2018-2023)

    Figure 50. Audi AG Revenue Growth Rate in Internet of Vehicle Business (2018-2023)

    Figure 51. Intel Corporation Revenue Growth Rate in Internet of Vehicle Business (2018-2023)

    Figure 52. SAP Revenue Growth Rate in Internet of Vehicle Business (2018-2023)

    Figure 53. NXP semiconductors Revenue Growth Rate in Internet of Vehicle Business (2018-2023)

    Figure 54. Apple Revenue Growth Rate in Internet of Vehicle Business (2018-2023)

    Figure 55. Google Revenue Growth Rate in Internet of Vehicle Business (2018-2023)

    Figure 56. IBM Revenue Growth Rate in Internet of Vehicle Business (2018-2023)

    Figure 57. Cisco Systems Revenue Growth Rate in Internet of Vehicle Business (2018-2023)

    Figure 58. Bottom-up and Top-down Approaches for This Report

    Figure 59. Data Triangulation

    Figure 60. Key Executives Interviewed