Global Automotive Wi-Fi Router Market Report, By Vehicle Type (Passenger Cars and Commercial Vehicles), By Channel (Original Equipment Manufacturer (OEM) and Direct Sales), By Application (Telematics Insurance, Fleet/Vehicle Management, Vehicle Maintenance, Location Information Services, Infotainment, and Others), Forecast (2022-2028)  

The global automotive wi-fi router market is estimated to grow at a significant CAGR during the forecast period. The automobile industry is now focusing on interconnected systems and cars. Manufacturers and service providers should prioritize improving the driving and passenger experience without compromising safety. Connectivity is no longer merely a must; it has become an intrinsic element of daily life. Everyone, from businesspeople to frequent travelers, requires mobile connectivity. With cellular signal instability, it’s more important than ever to add a gadget or service that assists and provides a constant signal in order to stay connected in today’s social environment. To ensure connectivity between automobile gadgets, a portable Wi-Fi router for hotspot access might be employed. As a result, automakers are implementing advanced connectivity options, such as cellular and Wi-Fi technology, to provide useful services. As a result, automakers are integrating advanced connection options, such as cellular and Wi-Fi technology, to provide useful services and improve consumer experience. The growing adoption of the Internet of Things (IoT) in the automotive industry is allowing fleet and automobile telematics to provide better and more efficient solutions. The expansion of the global automotive Wi-Fi router market is fueled by the growing smartphone sector and increased use of cloud technology, navigation, and other applications.

Companies have enabled advanced functionalities as a result of rapid technical improvements. Connectivity with external devices such as mobile phones and the internet for live audio and video media streaming, navigation, and information exchange are among these unique features. However, there are still some problems with internet access and in-car infotainment systems. End customers are unable to access or use live media streaming features or emails due to a cellular network’s lack of adequate internet connectivity. Poor cellular network connectivity is reported in several places where continual weather changes, such as severe rain, thick snowfall, and atmospheric haze, cause network disruption. As a result, demand for automotive Wi-Fi routers from vehicle manufacturers will rise in order to provide continuous service. Despite significant advancements in automobile technology, cybersecurity remains a significant concern that must be addressed. Hardware, software, mobile apps, and Bluetooth are all vulnerable to assaults in cars with portable Wi-Fi routers. There have been a number of instances where cybersecurity has caused a problem. For instance, in the case of Chrysler’s Jeep, two researchers were able to hack into a Jeep, resulting in the software being upgraded in 1.4 million vehicles. Similarly, the potential of cyberattacks that connected automobiles confront can be seen in the Tesla S and Nissan Leaf scenarios. As a result, the global automotive Wi-Fi router market is expected to be hampered by the cybersecurity of Wi-Fi-enabled vehicles.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Vehicle Type
  • By Channel
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Sierra Wireless, Huawei Technologies Co., Ltd., and ZTE Corp., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

 

Global Automotive Wi-Fi Router Market Report by Segment

By Vehicle Type

• Passenger Cars
• Commercial Vehicles

By Channel

• Original Equipment Manufacturer (OEM)
• Direct Sales

By Application

• Telematics Insurance
• Fleet/Vehicle Management
• Vehicle Maintenance
• Location Information Services
• Infotainment
• Others

Global Automotive Wi-Fi Router Market Report by Region

North America

• US
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle-East and Africa