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The automotive digital key market is forecasted to grow by USD 891 million during 2023-2028, accelerating at a CAGR of 7.22% during the forecast period. The report on the 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.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by standardization for using smart devices as keys, accessing multiple vehicles with a single device or application, and rise of internet of things (iot).
The automotive digital key market is segmented as below:
By Application
- Personal use
- Car sharing and car rental
By Vehicle Type
- Passenger cars
- Commercial vehicles
By Geography
- Europe
- North America
- APAC
- South America
- Middle East and Africa
The report on the automotive digital key market covers the following areas:
- Automotive digital key market sizing
- Automotive digital key market forecast
- Automotive digital key market industry analysis
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.
The report 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. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Vehicle Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global automotive digital key market: Apple Inc., Bayerische Motoren Werke AG, Continental AG, DENSO Corp., Ford Motor Co., Giesecke Devrient GmbH, Hyundai Motor Co., IDEMIA France SAS, Infineon Technologies AG, Mercedes Benz Group AG, NXP Semiconductors NV, Robert Bosch GmbH, Samsung Electronics Co. Ltd., STMicroelectronics International N.V., Telefonaktiebolaget LM Ericsson, Tesla Inc., Thales Group, Valeo SA, Volkswagen AG, and Volvo Car Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is use of smart wearables as digital keys."
According to the report, one of the major drivers for this market is the standardization for using smart devices as keys.
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 a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Apple Inc.
- Bayerische Motoren Werke AG
- Continental AG
- DENSO Corp.
- Ford Motor Co.
- Giesecke Devrient GmbH
- Hyundai Motor Co.
- IDEMIA France SAS
- Infineon Technologies AG
- Mercedes Benz Group AG
- NXP Semiconductors NV
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- STMicroelectronics International N.V.
- Telefonaktiebolaget LM Ericsson
- Tesla Inc.
- Thales Group
- Valeo SA
- Volkswagen AG
- Volvo Car Corp.
