Rising vehicle demand especially in developing economies such as China and India; rising adoption of autonomous vehicles, growing IoT; and other economic factors; are estimated to increase the adoption of biometric vehicle access technologies in passenger vehicles segment

Factors such as increasing public support for the protection of the environment, increased need to reduce air pollution & safeguard public health, and surge in automobile production are some of the major factors driving the market growth.

Continuous growth in demand towards connectivity solutions for vehicles and increased government initiatives & support for the development of automotive telematics solutions are some of the major factors driving the market growth.

Factors such as government regulations regarding safety features, Companies focusing on reducing delivery and vehicle maintenance cost, shortage of drivers, rise in road accidents and efficient yet feature rich modern trucks drives the semi-autonomous and autonomous truck market.

The Predictive Vehicle Technology is the set of vehicle technology that shows real time vehicle data as well as historical data that forecast the activities. It also shows faults that can manipulate vehicle if not corrected in real time.