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

North America Internet of Cars Industry Overview

The North America Internet of cars market is moderately consolidated with existing players such as Cisco, Google, IBM, AT&T, Verizon, Toyota, Volvo, Tesla Motors. As the demand for connected systems and the Internet of Things are growing in the region, the cars manufacturers are trying to have the edge over their competitors by making joint ventures, partnerships, launching new products with advanced technology. Some of the recent developments include:

• October 2021 - Tesla has reduced the premium connectivity period to 30 days for all Model 3 and Model Y vehicles. For a long time, all Tesla cars included an internet connection. This is often a premium option in the industry. Tesla has made extensive use of its connectivity in many features, including driver assistance to develop autopilot systems.
• October 2021 - Jaguar Land Rover North America and SiriusXM announced that SiriusXM (SiriusXM's latest and most advanced audio entertainment platform) with 360L on the New Range Rover would be included as standard features. The New Range Rover will be the first Jaguar and Land Rover vehicle to offer the 360L SiriusXM, followed by additional Jaguar and Land Rover vehicles. The new Range Rover with SiriusXM with 360L will be available at Land Rover dealers across the United States, shipping in the spring of 2022.