The trend toward connected specialty cars, as well as ongoing technical advances like the adoption of IoT in transportation, are driving the worldwide in-vehicle Computer system markets growth. In addition, consumer desire for camera-based surveillance systems and car telematics increased degrees of automation, and enhanced safety features, all contribute to the market’s growing demand. Furthermore, many efforts for smart public transportation and a variety of services provided by advanced telematics-based services like predictive vehicles and usage-based insurance are expected to have a positive impact on markets growth. As a result, several countries have suggested mandatory stricter inspections to meet with the most recent safety standards, as well as a broader testing scope to allow more tests. For example, the EU commissioned a directive in May 2018 to verify the roadworthiness of passenger cars, trucks, heavy-trailers, and motorcyclists regularly.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 11.7 %, during the tenure of 2021 – 2027.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of In-Vehicle Computer Systemin the region, the Value – Chain analysis, and the PORTER’s analysis for the In-Vehicle Computer System Market at a global level.
The study is consolidated based on two major segments and further into sub-segments, By Memory Size (Up To 8 GB, 16 GB, 32 GB and above), By Offering (Hardware, Software), By Application (Safety Computers, Performance Computers, Convenience Computers, Diagnostic Computers), By Vehicle Type (Passenger Car, Commercial Vehicle) to forecast the market size by value; also, application includes the analysis of past market dynamics from 203.3 to 2020, considering 2020 as the base year.
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players (S&T AG, Lanner Electronics, NEXCOM International, IBASE Technology, SINTRONES Technology Corporation, Axiomtek, Acrosser, IEI Integration Corporation, Premio Inc., JLT Mobile Computers, SD-Omega, NEXCOM International Co., Ltd., Kontron S&T AG, Avalue Technology Inc., Neousys Technology, ADLINK Technology Inc, Winsonic, AAEON, roda computer GmbH) in the In-Vehicle Computer System Market across the region.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on the “Global In-Vehicle Computer System Market.”
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The post Global In-Vehicle Computer System Market is expected to surpass US $ 1099.35 million by the year 2027, from US $ 566 million in 2020. appeared first on MAXIMIZE MARKET RESEARCH.