APAC Internet of Cars Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Internet of Cars Companies in APAC and the market is segmented by Component (Hardware, Software, Service), Technology (Wi-Fi, Bluetooth, NFC, Cellular, and Other Technology Types), and Communication Equipment (Car-to-Car, Car-to-Infrastructure, and other communication equipment). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

APAC Internet of Cars Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

APAC Internet of Cars Industry Overview

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.

APAC Internet of Cars Market Leaders

  1. Cisco Systems

  2. Google LLC

  3. IBM

  4. AT&T Communications Inc

  5. Verizon Communications Inc

  6. *Disclaimer: Major Players sorted in no particular order
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