The market is segmented by connection technology into 3G, 4G, and 5G, out of which, the 4G segment is anticipated to hold the largest share of the market over the forecast period owing to extensive utilization of 4G network. Further, several governments across the globe are emphasizing on the deployment of 5G spectrum which is expected to revolutionize the current transport systems. Owing to this factor, the 5G segment is estimated to witness highest growth during the forecast period.
The on-glass antenna for connected vehicles market is further segmented on the basis of vehicle type into passenger vehicle and commercial vehicle, out of which, the passenger vehicle segment is estimated to witness highest growth during the forecast period. The growth of the segment is attributed to increasing implementation of on-glass antennas in passenger vehicles for efficient utilisation of various wireless technologies, such as GPS, satellite radio, Wi-Fi, bluetooth, and electronic toll collection.
Our in-depth analysis of the global market includes the following segments:
By Connection Technology |
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By Antenna Type |
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By Vehicle Type |
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Author Credits: Abhishek Verma
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