Market Research Report
Global Automotive Digital Key Market 2020-2024
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||938038|
|Published||Content info||120 Pages
Delivery time: 1-2 business days
|Global Automotive Digital Key Market 2020-2024|
|Published: May 14, 2020||Content info: 120 Pages||
Technavio has been monitoring the automotive digital key market and it is poised to grow by 1.45 mn units during 2020-2024 progressing at a CAGR of 6% during the forecast period. Our reports on automotive digital key market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by accessing multiple vehicles with a single device or application and standardization for using smart devices as keys. In addition, the vulnerability in existing keyless entry systems is anticipated to boost the growth of the market as well.
The automotive digital key market analysis includes application segment and geographic landscap.
Technavio's ‘automotive digital key market ’ is segmented as below:
By Geographic Landscape:
This study identifies the digital key for all connected systems as one of the prime reasons driving the automotive digital key market growth during the next few years. Also, the use of smart wearables as digital keys will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our automotive digital key market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive digital key market vendors that include BMW AG, Continental AG, Daimler AG, DENSO Corp., Hyundai Motor Co., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Tesla Inc., Valeo SA, and Volkswagen AG. Also, the automotive digital key market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.