Global automotive digital key market to grow at a CAGR of 10.53% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one driver in the market is increasing demand for car sharing and car rental services. Automotive digital key has a huge advantage of sharing the digital key to other users through a mobile phone app. Sharing the digital key of the vehicle with other users like friends or family would be the outcome of the technology, whereas monetizing with this technology would become the development of this market. This major advantage of sharing key digitally without the need for any physical presence could ease up the work for car-sharing and car rental companies.
One trend in the market is digital key accessibility when smart device runs out of charge. Further, the report states that one challenge in the market is cyber security issues.
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation by Application
Part 08: Customer Landscape
Part 09: Regional Landscape
Part 10: Decision Framework
Part 11: Drivers and Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/kprwrk/global_automotive?w=4