IIoT Sector in Automotive Industry to See Tremendous Growth through 2021, Says Infiniti Research in Its Report Available at MarketPublishers.com16 Nov 2017 • by Natalie Aster
LONDON – Today, the penetration of IIoT is very high in the automotive industry. The automotive industry is the key contributing end-use sector of the world’s IIoT market.
The global IIoT sector in the automotive industry is set to exhibit tremendous growth during 2017-2021, registering a colossal 33.48% CAGR.
Some of the key market growth drivers comprise decreasing cost of sensors, uptake of IoT ecosystem and increasing penetration of virtual reality in the automotive industry.
The prominent vendors in the IIoT sector in the automotive market include HCL, Cisco, PTC and IBM.
The topical research study “Global IIoT Market in Automotive Industry 2017-2021” worked out by Infiniti Research sheds light on the current scenario and future growth prospects of the world’s IIoT sector in the automotive industry. It uncovers trustworthy data on the market size, shape, shares and growth rates; covers the market dynamics and identifies the major market growth drivers and hinders. Besides, the report discusses the key factors driving penetration of IIoT in the automotive industry, canvasses the top market trends, delves into the competitive scene and profiles the top players. Moreover, this research report points out the emerging market growth challenges and opportunities, and provides an all-round future outlook for the IIoT sector in the automotive industry up till 2021.
This report is available at a discounted price until December 31, 2017.
Find many other research reports prepared by this publisher at Infiniti Research online page at MarketPublishers.com.