The Global Automotive Central Gateway Module Market is expected to grow by $ 1.29 bn during 2020-2024 progressing at a CAGR of 7% during the forecast period
NEW YORK, July 7, 2020 /PRNewswire/ -- Global Automotive Central Gateway Module Market 2020-2024
The analyst has been monitoring the automotive central gateway module market and it is poised to grow by $ 1.29 bn during 2020-2024 progressing at a CAGR of 7% during the forecast period. Our reports on automotive central gateway module market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
Read the full report: https://www.reportlinker.com/p05445232/?utm_source=PRN
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 the increasing government support to promote EVs, growing importance of crash tests and NCAP ratings, and importance of automotive network security driving CGM adoption. In addition, increasing government support to promote EVs is anticipated to boost the growth of the market as well.
The automotive central gateway module market analysis includes application segment and geographic landscapes
The automotive central gateway module market is segmented as below:
By Application
• Passenger cars
• Commercial vehicles
By Geographic Landscapes
• APAC
• North America
• Europe
• South America
• MEA
This study identifies the higher emphasis on traffic management to demand secure external communication as one of the prime reasons driving the automotive central gateway module market growth during the next few years. Also, adoption of high bandwidth automotive networks and development of integrated cybersecurity solution will lead to sizable demand in the market.
The analyst 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 central gateway module market covers the following areas:
• Automotive central gateway module market sizing
• Automotive central gateway module market forecast
• Automotive central gateway module market industry analysis
Read the full report: https://www.reportlinker.com/p05445232/?utm_source=PRN
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