Automotive Smart Navigation Systems Market set to rise $59.7 billion by 2030, as Integration with IoT hits transformation ground


Posted February 8, 2025 by datastring

Automotive Smart Navigation Systems is expected to rise to $59.7 billion by 2030 from $33.1 billion of 2023. The revenue growth of industry players is estimated to average at 8.8% annually for period 2023 to 2030.
 
Research Study analyse the new revenue pockets, emerging markets, competition landscape, opportunities & niche insights for Technology (GPS, GNSS, ADAS, Telematics), Vehicle Type (Passenger, Commercial) and Connectivity (3G, 4G, 5G).

Access the detailed report here - ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐๐š๐ญ๐š๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐œ๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ .๐œ๐จ๐ฆ/๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ/๐š๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž-๐ฌ๐ฆ๐š๐ซ๐ญ-๐ง๐š๐ฏ๐ข๐ ๐š๐ญ๐ข๐จ๐ง-๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ-๐ฆ๐š๐ซ๐ค๐ž๐ญ-๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก-๐ซ๐ž๐ฉ๐จ๐ซ๐ญ

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

North America and Asia-Pacific are the two most active and leading regions in the market. The increasing need is fueled by the expansion of cities and governmental initiatives that back transportation systems.

With challenges like high initial investment costs, data privacy concerns and reliability of infrastructure, Automotive Smart Navigation Systems marketโ€™s supply chain from component supplier to oems is expected to evolve & expand further; and industry players will make strategic advancement in emerging markets including India, Brazil and Indonesia for revenue diversification and TAM expansion. Navigation systems today seamlessly integrate with ecosystems to improve the understanding of data insights.

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐‹๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ ๐š๐ง๐ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐ž๐ฌ

The Automotive Smart Navigation Systems market is characterized by intense competition, with a number of leading players such as Bosch, Garmin, TomTom, HERE Technologies, Google, Geotab, Waymo, Panasonic, Denso, Tesla, BMW and Verizon Connect. These players are pushing & penetrating the market with their strategies.

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐’๐ญ๐ซ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ 

DataString Consulting assist companies in strategy formulations & roadmap creation including TAM expansion, revenue diversification strategies and venturing into new markets; by offering in depth insights into developing trends and competitor landscapes as well as customer demographics. Our customized & direct strategies, filters industry noises into new opportunities; and reduces the effective connect time between products and its market niche.

DataString Consulting offers complete range of market research and business intelligence solutions for both B2C and B2B markets all under one roof. DataStringโ€™s leadership team has more than 30 years of combined experience in Market & business research and strategy advisory across the world. Our Industry experts and data aggregators continuously track & monitor high growth segments within more than 15 industries and 60 sub-industries.
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Last Updated February 8, 2025