Press release
US Connected Car M2M Connection and Services Market Booming At CAGR Of 28.47% Between 2015-2019
Connected cars are equipped with the internet and wireless services that help automobiles to connect with networks or services outside cars. M2M connections are established between two electronic or mechanical devices for automated data transmission. Connected car M2M connection refers to the automated wireless data transmission between two cars, a car and an OEM, a car and third-party service providers, a car and enterprises, a car and the internet capable devices, or a car and infrastructure. Connected car M2M services help with navigation, infotainment, tracking stolen vehicles, telematics, roadside assistance, video transmission, and making automated calls during emergencies such as accidents, malfunctioning of devices, fuel leakage, and fire. Users can even check the performance of their vehicle with the help of connected car M2M connections and services.
Technavio's analysts forecast the connected car M2M services market in the US to grow at a CAGR of 14.43% and the connected car M2M connections market in the US to grow at a CAGR of 28.47% over the period 2015-2019.
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Covered in this report
The connected car M2M market in the US is divided into two segments: connected car M2M connections and connected car M2M services. Based on services, the connected car M2M services market can be segmented into: driver assistance, safety and security, infotainment, vehicle management, on-drive management, and other services. The connected car M2M services market by usage can be segmented into two: connected car M2M OEM market and connected car M2M aftermarket.
Technavio's report, the Connected Car M2M Connections and Services Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key vendors
BMW
Gemalto
GM
Sierra Wireless
Verizon Telematics
Other prominent vendors
Aeris
Airbiquity
Alcatel-Lucent
Apple
AT&T
Atos
Audi
Autonet Mobile
Axway
Bell Mobility
Broadcom
CalAmp
Daimler
Delphi Automotive
Ericsson
Ford Motor
Garmin
Harman International
Hyundai Motors
IBM
Intel
Intelligent Mechatronic System
Jaspar Technologies
Luxoft Holdings
Microsoft
NetComm Wireless
HERE
Nuance Communications
OmniLink
Oracle
Porche
RACO Wireless
Sony
Sprint
Tata Consultancy Services
Tech Mahindra
Telit Wireless Solutions
Tesla Motors
TomTom
Verizon
Viper
Virdata
Vodafone
Volvo
Wireless Car
Zubie
Market driver
Demand for in-car infotainment services
For a full, detailed list, view our report
Market challenge
Data security and privacy issues
For a full, detailed list, view our report
Market trend
Increased use of advanced sensors and chips
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2019 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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