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Global Automotive NAD Module Market Analysis: Q2 2021
Overview:
- Global automotive NAD module shipments are expected to grow with a CAGR of 16% between 2020 to 2025.
- 5G contribution in revenue will rise to nearly 60% by 2025.
- Electric vehicles, favourable government regulations and e-commerce growth are driving demand for connectivity in vehicles.
- By 2025, one out of every five connected cars is projected to have embedded 5G connectivity.
- The higher average selling price (ASP) and semiconductor shortages aren’t helping quick 5G adoption, as projected a couple of years ago.
Table of Contents:
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Category
Summary
Published
Sep 24, 2021
Author
Soumen Mandal
Soumen is a Senior Research Analyst who is tracking IoT, Automotive and Telecommunication ecosystem at Counterpoint Technology Market Research. He is interested in IoT applications, connections, components, electric vehicles, connected cars, autonomous vehicles, semiconductors, shared mobility, services and emerging technologies. He started his career as an Energy Analyst with Manikaran Power Ltd. He has experience in working with DISCOMs and SLDCs in Indian power and energy industry. He is currently based in Gurgaon. He holds an Electrical Engineering degree and MBA in Marketing & Finance.
