IIoT Market in Automotive Industry Is Estimated To Grow At A CAGR of 33.48% By 2021: Hexa Reports

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The report covers the present scenario and the growth prospects of the “Global IIoT Industry in Automotive Market” for 2017-2021.

Global IIoT Market in Automotive Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

About IIoT Market
The global IIoT market in the automotive industry is a key contributing segment of the global IIoT market. From a top-down perspective, Technavio has analyzed the global IIoT market as a parent market to set the context, in which the global IIoT market in the automotive industry will be analyzed. The IIoT characterizes a set-up wherein every object or thing is embedded with a sensor and is efficient in automatically communicating its state with other objects and automated systems inside the environment. Each object represents a node in a virtual network, continuously transmitting a large volume of data about itself and its surroundings.

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The global IIoT market in automotive industry to grow at a CAGR of 33.48% during the forecasted period 2017-2021.

Covered in this report
To calculate the market size, the report considers the revenue generated from the sales of IIoT.

The market is divided into the following segments based on geography:
• Americas

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Key Vendors
• Cisco

Other Prominent Vendors
• Accenture,
• Capgemini,
• Cognizant,
• Hortonworks,
• SAP,
• Siemens,
• Telit

Market Driver
• Decreasing cost of sensors
• For a full, detailed list, view our report

Market Challenge
• Bottlenecks in adoption and installation challenges
• For a full, detailed list, view our report

Market Trend
• Rise of IoT ecosystem
• For a full, detailed list, view our report

Key questions answered in this report

1. What will the market size be in 2021 and what will the growth rate be?
2. What are the key market trends?
3. What is driving this market?
4. What are the challenges to market growth?
5. Who are the key vendors in this market space?

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About Us:
Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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