How big is the Asia Pacific Internet Of Cars Market?

The Asia Pacific Internet Of Cars Market size is expected to reach USD 42.24 billion in 2024 and grow at a CAGR of 24.41% to reach USD 125.89 billion by 2029. Read More

What is the current Asia Pacific Internet Of Cars Market size?

In 2024, the Asia Pacific Internet Of Cars Market size is expected to reach USD 42.24 billion. Read More

Who are the key players in Asia Pacific Internet Of Cars Market?

Cisco Systems, Google LLC, IBM, AT&T Communications Inc and Verizon Communications Inc are the major companies operating in the Asia Pacific Internet Of Cars Market. Read More

What years does this Asia Pacific Internet Of Cars Market cover, and what was the market size in 2023?

In 2023, the Asia Pacific Internet Of Cars Market size was estimated at USD 31.93 billion. The report covers the Asia Pacific Internet Of Cars Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia Pacific Internet Of Cars Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Asia Pacific Internet Of Cars Market Share

Statistics for the 2023 & 2024 Asia Pacific Internet Of Cars market share, created by Mordor Intelligence™ Industry Reports. Asia Pacific Internet Of Cars share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Asia Pacific Internet Of Cars Industry

The Asia-Pacific Internet of Cars market is semi-consolidated with different players. As the demand for connected systems and the Internet of Things are growing in the region, car manufacturers are trying to have an edge over their competitors by making joint ventures and partnerships and launching new products with advanced technology. This includes laying down the network foundation for the expected features and technologies to be introduced in the automotive industry.

April 2023 - Mercedes-Benz hs announced In order to compete with Tesla and China's new entrants, the company has formed a partnership with Google on navigation as well as offering every vehicle equipped with an autonomous driving sensor performance that is computerlike.
February 2023 - Cisco has announced it is working with Mercedes-Benz inoder to provide an optimal mobile office experience in its Benz E Class vehicles, With the intuitive features and modern luxury that Mercedes Benz and Webex customers are used to, this partnership will help people work safely, securely and comfortably in their vehicles.