Internet of Vehicles Comprehensive Study by Application (Infotainment, Navigation, Telematics), Technology (Bluetooth, Cellular, Wi-Fi, NFC, Other), Component (Hardware, Software, Service), Communication Type (Vehicle-To-Vehicle, Vehicle-To-Infrastructure, Others), Connectivity Type (Embedded, Tethered, Integrated) Players and Region - Global Market Outlook to 2026

Internet of Vehicles Market by XX Submarkets | Forecast Years 2022-2027 | CAGR: 18%  

  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
Industry Background:
The global Internet of Vehicles market is expected to witness high demand in the forecasted period due to rising internet penetration, growth associated with connected devices, increase in the presence of automation solutions in the automotive industry, the introduction of Logistics4.0, drive the internet of vehicle market growth. Navigation, cab services, security, entertainment, and a myriad of other aspects became a staple feature in modern cars. Driverless cars fulfill the need and satisfaction of customers. Implementation of IoT transformed the automotive industry.

AttributesDetails
Study Period2017-2027
Base Year2021
High Growth MarketAsia Pacific
UnitValue (USD Million)
Key Companies ProfiledFord 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)


According to AMA, the market for Internet of Vehicles is expected to register a CAGR of 18.0% during the forecast period to 2027. This growth is primarily driven by High Adoption of the Internet of Vehicles due to Track Fleet, Trains, Buses, and Cars and The Upsurge in Adoption of IoT and Cloud Services.

Globally, a noticeable market trend is evident The Emergence of Global Identification (GID) The Internet Software & Services sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major 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), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Leading key players are focusing on strategic partnerships to improve their products and services. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.

Key Developments in the Market:
On 2nd December 2019, Intel Corporation has announced it has completed the sale of the majority of its smartphone modem business to Apple. This transaction, valued at USD1 billion, was announced on July 25, 2019. As previously disclosed, this transaction enables Intel to focus on developing technology for 5G networks while retaining the option to develop modems for non-smartphone applications, such as PCs, internet of things devices and autonomous vehicles.
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.

Influencing Trend:
The Emergence of Global Identification (GID) and Increase in Government Funds for Better Traffic Management, Safety Assurance, Energy Savings and The Development of Connected Vehicles

Market Growth Drivers:
High Adoption of the Internet of Vehicles due to Track Fleet, Trains, Buses, and Cars and The Upsurge in Adoption of IoT and Cloud Services

Challenges:
Inefficiency in Determining the Exact Vehicle Position and Loss of Floating Data due to Obstacles

Restraints:
The Concern Regarding Lack of Infrastructure and Government Regulations and Additional Cost Burden On Consumers

Opportunities:
The High Growth due to the Advancement of Technology

AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.

Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Internet of Vehicles Market
- Analysis about New Entrants in Internet of Vehicles Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators

Against this Challenging Backdrop, Internet of Vehicles Study Sheds Light on
— The Internet of Vehicles Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Internet of Vehicles industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Internet of Vehicles industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
— How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.

Report Objectives / Segmentation Covered

By Application
  • Infotainment
  • Navigation
  • Telematics
By Technology
  • Bluetooth
  • Cellular
  • Wi-Fi
  • NFC
  • Other

By Component
  • Hardware
  • Software
  • Service

By Communication Type
  • Vehicle-To-Vehicle
  • Vehicle-To-Infrastructure
  • Others

By Connectivity Type
  • Embedded
  • Tethered
  • Integrated

By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. High Adoption of the Internet of Vehicles due to Track Fleet, Trains, Buses, and Cars
      • 3.2.2. The Upsurge in Adoption of IoT and Cloud Services
    • 3.3. Market Challenges
      • 3.3.1. Inefficiency in Determining the Exact Vehicle Position and Loss of Floating Data due to Obstacles
    • 3.4. Market Trends
      • 3.4.1. The Emergence of Global Identification (GID)
      • 3.4.2. Increase in Government Funds for Better Traffic Management, Safety Assurance, Energy Savings and The Development of Connected Vehicles
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Internet of Vehicles, by Application, Technology, Component, Communication Type, Connectivity Type and Region (value) (2016-2021)
    • 5.1. Introduction
    • 5.2. Global Internet of Vehicles (Value)
      • 5.2.1. Global Internet of Vehicles by: Application (Value)
        • 5.2.1.1. Infotainment
        • 5.2.1.2. Navigation
        • 5.2.1.3. Telematics
      • 5.2.2. Global Internet of Vehicles by: Technology (Value)
        • 5.2.2.1. Bluetooth
        • 5.2.2.2. Cellular
        • 5.2.2.3. Wi-Fi
        • 5.2.2.4. NFC
        • 5.2.2.5. Other
      • 5.2.3. Global Internet of Vehicles by: Component (Value)
        • 5.2.3.1. Hardware
        • 5.2.3.2. Software
        • 5.2.3.3. Service
      • 5.2.4. Global Internet of Vehicles by: Communication Type (Value)
        • 5.2.4.1. Vehicle-To-Vehicle
        • 5.2.4.2. Vehicle-To-Infrastructure
        • 5.2.4.3. Others
      • 5.2.5. Global Internet of Vehicles by: Connectivity Type (Value)
        • 5.2.5.1. Embedded
        • 5.2.5.2. Tethered
        • 5.2.5.3. Integrated
      • 5.2.6. Global Internet of Vehicles Region
        • 5.2.6.1. South America
          • 5.2.6.1.1. Brazil
          • 5.2.6.1.2. Argentina
          • 5.2.6.1.3. Rest of South America
        • 5.2.6.2. Asia Pacific
          • 5.2.6.2.1. China
          • 5.2.6.2.2. Japan
          • 5.2.6.2.3. India
          • 5.2.6.2.4. South Korea
          • 5.2.6.2.5. Taiwan
          • 5.2.6.2.6. Australia
          • 5.2.6.2.7. Rest of Asia-Pacific
        • 5.2.6.3. Europe
          • 5.2.6.3.1. Germany
          • 5.2.6.3.2. France
          • 5.2.6.3.3. Italy
          • 5.2.6.3.4. United Kingdom
          • 5.2.6.3.5. Netherlands
          • 5.2.6.3.6. Rest of Europe
        • 5.2.6.4. MEA
          • 5.2.6.4.1. Middle East
          • 5.2.6.4.2. Africa
        • 5.2.6.5. North America
          • 5.2.6.5.1. United States
          • 5.2.6.5.2. Canada
          • 5.2.6.5.3. Mexico
  • 6. Internet of Vehicles: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2021)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. Ford Motor Company (United States)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. Texas Instruments Inc. (United States)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. Audi AG (Germany)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. Intel Corporation (United States)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. SAP (Germany)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. NXP Semiconductors N.V. (Netherlands)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. Apple Inc. (United States)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. Google Inc. (United States)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. IBM Corporation (United States)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
      • 6.4.10. Cisco Systems Inc. (United States)
        • 6.4.10.1. Business Overview
        • 6.4.10.2. Products/Services Offerings
        • 6.4.10.3. Financial Analysis
        • 6.4.10.4. SWOT Analysis
  • 7. Global Internet of Vehicles Sale, by Application, Technology, Component, Communication Type, Connectivity Type and Region (value) (2022-2027)
    • 7.1. Introduction
    • 7.2. Global Internet of Vehicles (Value)
      • 7.2.1. Global Internet of Vehicles by: Application (Value)
        • 7.2.1.1. Infotainment
        • 7.2.1.2. Navigation
        • 7.2.1.3. Telematics
      • 7.2.2. Global Internet of Vehicles by: Technology (Value)
        • 7.2.2.1. Bluetooth
        • 7.2.2.2. Cellular
        • 7.2.2.3. Wi-Fi
        • 7.2.2.4. NFC
        • 7.2.2.5. Other
      • 7.2.3. Global Internet of Vehicles by: Component (Value)
        • 7.2.3.1. Hardware
        • 7.2.3.2. Software
        • 7.2.3.3. Service
      • 7.2.4. Global Internet of Vehicles by: Communication Type (Value)
        • 7.2.4.1. Vehicle-To-Vehicle
        • 7.2.4.2. Vehicle-To-Infrastructure
        • 7.2.4.3. Others
      • 7.2.5. Global Internet of Vehicles by: Connectivity Type (Value)
        • 7.2.5.1. Embedded
        • 7.2.5.2. Tethered
        • 7.2.5.3. Integrated
      • 7.2.6. Global Internet of Vehicles Region
        • 7.2.6.1. South America
          • 7.2.6.1.1. Brazil
          • 7.2.6.1.2. Argentina
          • 7.2.6.1.3. Rest of South America
        • 7.2.6.2. Asia Pacific
          • 7.2.6.2.1. China
          • 7.2.6.2.2. Japan
          • 7.2.6.2.3. India
          • 7.2.6.2.4. South Korea
          • 7.2.6.2.5. Taiwan
          • 7.2.6.2.6. Australia
          • 7.2.6.2.7. Rest of Asia-Pacific
        • 7.2.6.3. Europe
          • 7.2.6.3.1. Germany
          • 7.2.6.3.2. France
          • 7.2.6.3.3. Italy
          • 7.2.6.3.4. United Kingdom
          • 7.2.6.3.5. Netherlands
          • 7.2.6.3.6. Rest of Europe
        • 7.2.6.4. MEA
          • 7.2.6.4.1. Middle East
          • 7.2.6.4.2. Africa
        • 7.2.6.5. North America
          • 7.2.6.5.1. United States
          • 7.2.6.5.2. Canada
          • 7.2.6.5.3. Mexico
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Internet of Vehicles: by Application(USD Million)
  • Table 2. Internet of Vehicles Infotainment , by Region USD Million (2016-2021)
  • Table 3. Internet of Vehicles Navigation , by Region USD Million (2016-2021)
  • Table 4. Internet of Vehicles Telematics , by Region USD Million (2016-2021)
  • Table 5. Internet of Vehicles: by Technology(USD Million)
  • Table 6. Internet of Vehicles Bluetooth , by Region USD Million (2016-2021)
  • Table 7. Internet of Vehicles Cellular , by Region USD Million (2016-2021)
  • Table 8. Internet of Vehicles Wi-Fi , by Region USD Million (2016-2021)
  • Table 9. Internet of Vehicles NFC , by Region USD Million (2016-2021)
  • Table 10. Internet of Vehicles Other , by Region USD Million (2016-2021)
  • Table 11. Internet of Vehicles: by Component(USD Million)
  • Table 12. Internet of Vehicles Hardware , by Region USD Million (2016-2021)
  • Table 13. Internet of Vehicles Software , by Region USD Million (2016-2021)
  • Table 14. Internet of Vehicles Service , by Region USD Million (2016-2021)
  • Table 15. Internet of Vehicles: by Communication Type(USD Million)
  • Table 16. Internet of Vehicles Vehicle-To-Vehicle , by Region USD Million (2016-2021)
  • Table 17. Internet of Vehicles Vehicle-To-Infrastructure , by Region USD Million (2016-2021)
  • Table 18. Internet of Vehicles Others , by Region USD Million (2016-2021)
  • Table 19. Internet of Vehicles: by Connectivity Type(USD Million)
  • Table 20. Internet of Vehicles Embedded , by Region USD Million (2016-2021)
  • Table 21. Internet of Vehicles Tethered , by Region USD Million (2016-2021)
  • Table 22. Internet of Vehicles Integrated , by Region USD Million (2016-2021)
  • Table 23. South America Internet of Vehicles, by Country USD Million (2016-2021)
  • Table 24. South America Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 25. South America Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 26. South America Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 27. South America Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 28. South America Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 29. Brazil Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 30. Brazil Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 31. Brazil Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 32. Brazil Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 33. Brazil Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 34. Argentina Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 35. Argentina Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 36. Argentina Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 37. Argentina Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 38. Argentina Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 39. Rest of South America Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 40. Rest of South America Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 41. Rest of South America Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 42. Rest of South America Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 43. Rest of South America Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 44. Asia Pacific Internet of Vehicles, by Country USD Million (2016-2021)
  • Table 45. Asia Pacific Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 46. Asia Pacific Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 47. Asia Pacific Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 48. Asia Pacific Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 49. Asia Pacific Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 50. China Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 51. China Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 52. China Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 53. China Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 54. China Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 55. Japan Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 56. Japan Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 57. Japan Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 58. Japan Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 59. Japan Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 60. India Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 61. India Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 62. India Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 63. India Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 64. India Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 65. South Korea Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 66. South Korea Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 67. South Korea Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 68. South Korea Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 69. South Korea Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 70. Taiwan Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 71. Taiwan Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 72. Taiwan Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 73. Taiwan Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 74. Taiwan Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 75. Australia Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 76. Australia Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 77. Australia Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 78. Australia Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 79. Australia Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 80. Rest of Asia-Pacific Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 81. Rest of Asia-Pacific Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 82. Rest of Asia-Pacific Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 83. Rest of Asia-Pacific Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 84. Rest of Asia-Pacific Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 85. Europe Internet of Vehicles, by Country USD Million (2016-2021)
  • Table 86. Europe Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 87. Europe Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 88. Europe Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 89. Europe Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 90. Europe Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 91. Germany Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 92. Germany Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 93. Germany Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 94. Germany Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 95. Germany Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 96. France Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 97. France Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 98. France Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 99. France Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 100. France Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 101. Italy Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 102. Italy Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 103. Italy Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 104. Italy Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 105. Italy Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 106. United Kingdom Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 107. United Kingdom Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 108. United Kingdom Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 109. United Kingdom Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 110. United Kingdom Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 111. Netherlands Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 112. Netherlands Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 113. Netherlands Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 114. Netherlands Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 115. Netherlands Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 116. Rest of Europe Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 117. Rest of Europe Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 118. Rest of Europe Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 119. Rest of Europe Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 120. Rest of Europe Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 121. MEA Internet of Vehicles, by Country USD Million (2016-2021)
  • Table 122. MEA Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 123. MEA Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 124. MEA Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 125. MEA Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 126. MEA Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 127. Middle East Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 128. Middle East Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 129. Middle East Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 130. Middle East Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 131. Middle East Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 132. Africa Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 133. Africa Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 134. Africa Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 135. Africa Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 136. Africa Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 137. North America Internet of Vehicles, by Country USD Million (2016-2021)
  • Table 138. North America Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 139. North America Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 140. North America Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 141. North America Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 142. North America Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 143. United States Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 144. United States Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 145. United States Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 146. United States Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 147. United States Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 148. Canada Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 149. Canada Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 150. Canada Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 151. Canada Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 152. Canada Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 153. Mexico Internet of Vehicles, by Application USD Million (2016-2021)
  • Table 154. Mexico Internet of Vehicles, by Technology USD Million (2016-2021)
  • Table 155. Mexico Internet of Vehicles, by Component USD Million (2016-2021)
  • Table 156. Mexico Internet of Vehicles, by Communication Type USD Million (2016-2021)
  • Table 157. Mexico Internet of Vehicles, by Connectivity Type USD Million (2016-2021)
  • Table 158. Company Basic Information, Sales Area and Its Competitors
  • Table 159. Company Basic Information, Sales Area and Its Competitors
  • Table 160. Company Basic Information, Sales Area and Its Competitors
  • Table 161. Company Basic Information, Sales Area and Its Competitors
  • Table 162. Company Basic Information, Sales Area and Its Competitors
  • Table 163. Company Basic Information, Sales Area and Its Competitors
  • Table 164. Company Basic Information, Sales Area and Its Competitors
  • Table 165. Company Basic Information, Sales Area and Its Competitors
  • Table 166. Company Basic Information, Sales Area and Its Competitors
  • Table 167. Company Basic Information, Sales Area and Its Competitors
  • Table 168. Internet of Vehicles: by Application(USD Million)
  • Table 169. Internet of Vehicles Infotainment , by Region USD Million (2022-2027)
  • Table 170. Internet of Vehicles Navigation , by Region USD Million (2022-2027)
  • Table 171. Internet of Vehicles Telematics , by Region USD Million (2022-2027)
  • Table 172. Internet of Vehicles: by Technology(USD Million)
  • Table 173. Internet of Vehicles Bluetooth , by Region USD Million (2022-2027)
  • Table 174. Internet of Vehicles Cellular , by Region USD Million (2022-2027)
  • Table 175. Internet of Vehicles Wi-Fi , by Region USD Million (2022-2027)
  • Table 176. Internet of Vehicles NFC , by Region USD Million (2022-2027)
  • Table 177. Internet of Vehicles Other , by Region USD Million (2022-2027)
  • Table 178. Internet of Vehicles: by Component(USD Million)
  • Table 179. Internet of Vehicles Hardware , by Region USD Million (2022-2027)
  • Table 180. Internet of Vehicles Software , by Region USD Million (2022-2027)
  • Table 181. Internet of Vehicles Service , by Region USD Million (2022-2027)
  • Table 182. Internet of Vehicles: by Communication Type(USD Million)
  • Table 183. Internet of Vehicles Vehicle-To-Vehicle , by Region USD Million (2022-2027)
  • Table 184. Internet of Vehicles Vehicle-To-Infrastructure , by Region USD Million (2022-2027)
  • Table 185. Internet of Vehicles Others , by Region USD Million (2022-2027)
  • Table 186. Internet of Vehicles: by Connectivity Type(USD Million)
  • Table 187. Internet of Vehicles Embedded , by Region USD Million (2022-2027)
  • Table 188. Internet of Vehicles Tethered , by Region USD Million (2022-2027)
  • Table 189. Internet of Vehicles Integrated , by Region USD Million (2022-2027)
  • Table 190. South America Internet of Vehicles, by Country USD Million (2022-2027)
  • Table 191. South America Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 192. South America Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 193. South America Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 194. South America Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 195. South America Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 196. Brazil Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 197. Brazil Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 198. Brazil Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 199. Brazil Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 200. Brazil Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 201. Argentina Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 202. Argentina Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 203. Argentina Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 204. Argentina Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 205. Argentina Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 206. Rest of South America Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 207. Rest of South America Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 208. Rest of South America Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 209. Rest of South America Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 210. Rest of South America Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 211. Asia Pacific Internet of Vehicles, by Country USD Million (2022-2027)
  • Table 212. Asia Pacific Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 213. Asia Pacific Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 214. Asia Pacific Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 215. Asia Pacific Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 216. Asia Pacific Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 217. China Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 218. China Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 219. China Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 220. China Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 221. China Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 222. Japan Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 223. Japan Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 224. Japan Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 225. Japan Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 226. Japan Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 227. India Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 228. India Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 229. India Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 230. India Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 231. India Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 232. South Korea Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 233. South Korea Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 234. South Korea Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 235. South Korea Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 236. South Korea Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 237. Taiwan Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 238. Taiwan Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 239. Taiwan Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 240. Taiwan Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 241. Taiwan Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 242. Australia Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 243. Australia Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 244. Australia Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 245. Australia Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 246. Australia Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 247. Rest of Asia-Pacific Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 248. Rest of Asia-Pacific Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 249. Rest of Asia-Pacific Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 250. Rest of Asia-Pacific Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 251. Rest of Asia-Pacific Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 252. Europe Internet of Vehicles, by Country USD Million (2022-2027)
  • Table 253. Europe Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 254. Europe Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 255. Europe Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 256. Europe Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 257. Europe Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 258. Germany Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 259. Germany Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 260. Germany Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 261. Germany Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 262. Germany Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 263. France Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 264. France Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 265. France Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 266. France Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 267. France Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 268. Italy Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 269. Italy Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 270. Italy Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 271. Italy Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 272. Italy Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 273. United Kingdom Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 274. United Kingdom Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 275. United Kingdom Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 276. United Kingdom Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 277. United Kingdom Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 278. Netherlands Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 279. Netherlands Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 280. Netherlands Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 281. Netherlands Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 282. Netherlands Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 283. Rest of Europe Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 284. Rest of Europe Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 285. Rest of Europe Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 286. Rest of Europe Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 287. Rest of Europe Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 288. MEA Internet of Vehicles, by Country USD Million (2022-2027)
  • Table 289. MEA Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 290. MEA Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 291. MEA Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 292. MEA Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 293. MEA Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 294. Middle East Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 295. Middle East Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 296. Middle East Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 297. Middle East Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 298. Middle East Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 299. Africa Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 300. Africa Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 301. Africa Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 302. Africa Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 303. Africa Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 304. North America Internet of Vehicles, by Country USD Million (2022-2027)
  • Table 305. North America Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 306. North America Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 307. North America Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 308. North America Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 309. North America Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 310. United States Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 311. United States Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 312. United States Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 313. United States Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 314. United States Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 315. Canada Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 316. Canada Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 317. Canada Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 318. Canada Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 319. Canada Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 320. Mexico Internet of Vehicles, by Application USD Million (2022-2027)
  • Table 321. Mexico Internet of Vehicles, by Technology USD Million (2022-2027)
  • Table 322. Mexico Internet of Vehicles, by Component USD Million (2022-2027)
  • Table 323. Mexico Internet of Vehicles, by Communication Type USD Million (2022-2027)
  • Table 324. Mexico Internet of Vehicles, by Connectivity Type USD Million (2022-2027)
  • Table 325. Research Programs/Design for This Report
  • Table 326. Key Data Information from Secondary Sources
  • Table 327. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Internet of Vehicles: by Application USD Million (2016-2021)
  • Figure 5. Global Internet of Vehicles: by Technology USD Million (2016-2021)
  • Figure 6. Global Internet of Vehicles: by Component USD Million (2016-2021)
  • Figure 7. Global Internet of Vehicles: by Communication Type USD Million (2016-2021)
  • Figure 8. Global Internet of Vehicles: by Connectivity Type USD Million (2016-2021)
  • Figure 9. South America Internet of Vehicles Share (%), by Country
  • Figure 10. Asia Pacific Internet of Vehicles Share (%), by Country
  • Figure 11. Europe Internet of Vehicles Share (%), by Country
  • Figure 12. MEA Internet of Vehicles Share (%), by Country
  • Figure 13. North America Internet of Vehicles Share (%), by Country
  • Figure 14. Global Internet of Vehicles share by Players 2021 (%)
  • Figure 15. Global Internet of Vehicles share by Players (Top 3) 2021(%)
  • Figure 16. Global Internet of Vehicles share by Players (Top 5) 2021(%)
  • Figure 17. BCG Matrix for key Companies
  • Figure 18. Ford Motor Company (United States) Revenue, Net Income and Gross profit
  • Figure 19. Ford Motor Company (United States) Revenue: by Geography 2021
  • Figure 20. Texas Instruments Inc. (United States) Revenue, Net Income and Gross profit
  • Figure 21. Texas Instruments Inc. (United States) Revenue: by Geography 2021
  • Figure 22. Audi AG (Germany) Revenue, Net Income and Gross profit
  • Figure 23. Audi AG (Germany) Revenue: by Geography 2021
  • Figure 24. Intel Corporation (United States) Revenue, Net Income and Gross profit
  • Figure 25. Intel Corporation (United States) Revenue: by Geography 2021
  • Figure 26. SAP (Germany) Revenue, Net Income and Gross profit
  • Figure 27. SAP (Germany) Revenue: by Geography 2021
  • Figure 28. NXP Semiconductors N.V. (Netherlands) Revenue, Net Income and Gross profit
  • Figure 29. NXP Semiconductors N.V. (Netherlands) Revenue: by Geography 2021
  • Figure 30. Apple Inc. (United States) Revenue, Net Income and Gross profit
  • Figure 31. Apple Inc. (United States) Revenue: by Geography 2021
  • Figure 32. Google Inc. (United States) Revenue, Net Income and Gross profit
  • Figure 33. Google Inc. (United States) Revenue: by Geography 2021
  • Figure 34. IBM Corporation (United States) Revenue, Net Income and Gross profit
  • Figure 35. IBM Corporation (United States) Revenue: by Geography 2021
  • Figure 36. Cisco Systems Inc. (United States) Revenue, Net Income and Gross profit
  • Figure 37. Cisco Systems Inc. (United States) Revenue: by Geography 2021
  • Figure 38. Global Internet of Vehicles: by Application USD Million (2022-2027)
  • Figure 39. Global Internet of Vehicles: by Technology USD Million (2022-2027)
  • Figure 40. Global Internet of Vehicles: by Component USD Million (2022-2027)
  • Figure 41. Global Internet of Vehicles: by Communication Type USD Million (2022-2027)
  • Figure 42. Global Internet of Vehicles: by Connectivity Type USD Million (2022-2027)
  • Figure 43. South America Internet of Vehicles Share (%), by Country
  • Figure 44. Asia Pacific Internet of Vehicles Share (%), by Country
  • Figure 45. Europe Internet of Vehicles Share (%), by Country
  • Figure 46. MEA Internet of Vehicles Share (%), by Country
  • Figure 47. North America Internet of Vehicles Share (%), by Country
List of companies from research coverage that are profiled in the study
  • 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)
  • Cisco Systems Inc. (United States)
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Oct 2021 219 Pages 86 Tables Base Year: 2021 Coverage: 15+ Companies; 18 Countries

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Frequently Asked Questions (FAQ):

Top performing companies in the Global Internet of Vehicles market are 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), to name a few.
North America is dominating the Internet of Vehicles Market.
"Inefficiency in Determining the Exact Vehicle Position and Loss of Floating Data due to Obstacles" is seen as one of the major challenges by many Industry Players of Internet of Vehicles Market
The Internet of Vehicles market study includes a random mix of players, including both market leaders and some top growing emerging players. Connect with our sales executive to get complete companies available in our research coverage.
The Internet of Vehicles market is expected to see a steady growth rate during projected year 2021 to 2027.

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