Android Car GPS Market
Android Car GPS Market Global Industry Assessment & Forecast
#
Pages:
136
2021
Nov - 2021
VMR-2021-0555
Segments Covered
By
Product Types Wireless, Wired
-
By
Application Passenger Car, Commercial Car
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
923.45 Million |
 Revenue 2028:
|
1686.58 Million |
 Revenue CAGR
(2021 - 2028): |
7.82% |
Fastest Growing Region (2022 -
2028)
|
Europe |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Android Car GPS Market - Global Market Assessment, 2021 - 2028
Vantage Market Research follows a veracious methodology to arrive at market-related projections. The research methodology is based on the 3 phases namely: Secondary Research, Primary Research, and Data Triangulation. We conduct more than 100 primary interviews for each market either through mail or telephone call. Vantage Market Research employs the most infallible research methodology that ensures clients are receiving:
- Consistent, vigorous, and actionable data analysis that would help to make key business decisions
- Statistically improved and reliable insights through a veracious and well-audited research methodology.
- Independent study ensures a tangible representation of the market
Secondary Research
Primary Research:
The next stage involves the primary research conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills the following data requirements:
- First-hand information global market size, regional and segmental trends, competitive landscape
- Validate and authorization of secondary research outcomes and findings
- Further data collection and expertise development & market understandings
Data Triangulation and Market Size Estimations
After the determination of the overall market size through secondary and primary research, the market is divided into various segments and sub-segments. Moreover, top-down and bottom-up approaches were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market. The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Android Car GPS market.
FAQ
Frequently Asked Question
What is the global demand for Android Car GPS in terms of revenue?
-
The global Android Car GPS valued at 923.45 Million in 2020 and is expected to reach 1686.58 Million in 2028 growing at a CAGR of 7.82%%.
Which are the prominent players in the market?
-
The prominent players in the market are Alpine, Kenwood, Skypine, Aisin, FlyAudio, Panasonic, Kaiyue Group, Desay, Coagent, ADAYO, Bosch, Clarion, Hangsheng, Roadrover, Garmin, Freeway, Evervictory, TomTom, Soling, Pioneer, Denso, Sony..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7.82%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Android Car GPS include
- The growing car sale globally is anticipated to augment the growth of the android car GPS market during the forecast period. This is attributable to the rapid urbanization, rising disposable income of the consumers, and increasing developments in current technologies. Furthermore, the continuous upgradation and updates of software used in GPS tracking devices to consumers are anticipated to offer productive opportunities for the growth of the android car GPS market in the coming years.
- The increase use of IoT and cloud technology is anticipated to augment the growth of the android car GPS market in the years to come. The need for tracking has increased at a rapid pace over the past few years. GPS trackers are embedded with electronics and internet connectivity to integrate them with smart devices and objects. These devices then are connected to the cloud, and can be remotely controlled. This is attributed to increased demand for tracking devices and softwares by the consumers, which, in turn, drives the global android car GPS market growth.
Which region accounted for the largest share in the market?
-
Europe was the leading regional segment of the Android Car GPS in 2020.
