The article cited AMA's Global Internet of Vehicles Market Study explored substantial growth with CAGR of 18.0%. According the report, The Emergence of Global Identification (GID) is one of the primary growth factors for the market. High Adoption of the Internet of Vehicles due to Track Fleet, Trains, Buses, and Cars is also expected to contribute significantly to the Internet of Vehicles market. Overall, Infotainment applications of Internet of Vehicles, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Ford Motor Company (United States), Texas Instruments Inc. (United States), Audi AG (Germany), Intel Corporation (United States), SAP (Germany), NXP Semiconductors N.V. (Netherlands), Apple Inc. (United States), Google Inc. (United States), IBM Corporation (United States) and Cisco Systems Inc. (United States) may see astonishing sales in this Market and certainly improve revenue growth.

The Technology, such as Bluetooth, is boosting the Internet of Vehicles market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Component, such as Hardware, is boosting the Internet of Vehicles market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Communication Type, such as Vehicle-To-Vehicle, is boosting the Internet of Vehicles market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Connectivity Type, such as Embedded, is boosting the Internet of Vehicles market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Internet of Vehicles market identified that the demand is rising in many different parts of the world as "The High Growth due to the Advancement of Technology". Furthermore, some recent industry insights like "On 15th July, Texas Instruments (TI) has introduced an ultra-low-power switching regulator with the industry’s lowest operating quiescent current (IQ) at 60 nA – 1/3 that of the nearest competitive device." is constantly making the industry dynamic. One of the challenges that industry facing is "Inefficiency in Determining the Exact Vehicle Position and Loss of Floating Data due to Obstacles"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Internet of Vehicles market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Internet of Vehicles market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Internet of Vehicles market tight?
• Which application/end-user category or Product Type [] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Internet of Vehicles market and other related sub-markets covered in the study.

o Key & emerging players in the Internet of Vehicles market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Internet of Vehicles market size is calculated using market estimation process, the Internet of Vehicles market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Internet of Vehicles market size has been validated using both top-down and bottom-up approaches.