Connected Car M2M Connections and Services Market 2016-2020: Global Market Trends, Size, Shares and Forecast
Albany, NY, Feb 14, 2017: Connected cars are equipped with Internet and wireless services that help the cars connect with networks or services. M2M connections are established between two electronic or mechanical devices for automated data transmission.A connected car M2M connection refers to the automated wireless data transmission between a car and another vehicle, an OEM, third-party service providers, enterprises, Internet-capable devices, or an infrastructure.
The market research analyst predicts the global connected car M2M services market to grow at a CAGR of over 30% while the connections market is expected to grow at a CAGR of over 28% during the forecast period. The report covers the present scenario and the growth prospects of the global connected car M2M connections and services market for 2016-2020. To calculate the market size, the report considers revenue generated from the following:
- OEMs and aftermarket services
- Infotainment, navigation, and telematics services
- In-vehicle, telematics, and telecom services, as well as hardware and platforms
- Data analytics services and automotive apps
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Technavio's report, Global Connected Car M2M Market 2016-2020, 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.
Key vendors
- BMW
- General Motors
- Gemalto
- Sierra Wireless
- Verizon Telematics
Other prominent vendors
- Telecommunications services providers
- AT&T
- Bell Mobility
- BT
- China Mobile
- Datora Telecom
- Deutsche TeleKom
- Ericsson
- Everything Everywhere
- KDDI
- Orange
- Sprint
- Telefonica
- Telenor
- Vodacom
- Vodafone
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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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