Smart Automotive > Connected Vehicles Global Automotive NAD Module Market Analysis: Q4 2021 May 30, 2022 | Author : Fahad Siddiqui, Soumen Mandal CLIENT ONLY Overview: Global automotive NAD module shipments grew by 13% YoY in 2021 to reach 36 Mn units. This is primarily due to the increase in connected car penetration across the globe. OEMs are scaling up on connected mobility as a service to monetize revenue streams, especially since consumer preference shifted from ride-sharing services to personal mobility during the pandemic. Rolling Wireless is leading the global automotive NAD module market, followed by LG and Continental in 2021. We expect the global IC shortage to start easing from late 2022. By 2027, almost 50% of connected cars is projected to have embedded 5G connectivity. Global automotive NAD module revenue is expected to increase by more than two times from 2021 to reach $3.5 billion by 2027. Table of Contents: Key Takeaways Definition Ecosystem Analysis Market Trends Forecast Analysis Use Cases Number of Pages: 47 Published Date: May 2022 Related Reports Global Automotive NAD Module Market Analysis: Q2 2021Global Automotive NAD Module Market Analysis: Q3 2021 # LIST Enquiry Enter Captcha Code
