Connected Car Market 2018 Analysis by GM, Audi, Ford Motor, BMW, Apple, Honda Motor, Microsoft, NXP Semiconductors, Texas Instruments, Sierra Wireless, Freescale Semiconductor

Global Connected Car Market Information, by Technology (2G, 3G, LTE, Wi-Fi, Bluetooth), by Components (Sensors, Processors, Cellular), by Services (Safety, Entertainment, Well-Being, Autonomous driving), by Connectivity (Integrated, Tethered, Imbedded) - Forecast 2016-2027

Key players
The prominent players in market of connected cars are- General Motors (U.S.), Apple Inc. (U.S.), Audi AG (Germany), Ford Motor Company (U.S.), Honda Motor Co. Ltd. (Japan), NXP Semiconductors (Netherlands), BMW (Germany), Microsoft Corporation (U.S.), Freescale Semiconductor Inc. (U.S.), Texas Instruments Incorporated (U.S.), Sierra Wireless (Canada) among others.

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Market Scenario
Connected car is a car which is equipped with advance sensors and technologies and helps the driver to gather real time information around him. Generally it is equipped with internet which is connected with the smart devices both inside the car and outside. The cars can communicate with another cars which is travelling on the same road and can exchange the information about accidents, weather, road blocks, traffic etc. From past couple of years, market for connected cars has seen tremendous growth with incredible CAGR.

Market Segmentation
Segmentation by Technology: 2G, 3G, LTE, WiFi & Bluetooth.
Segmentation by Components: Sensors, Processors, Cellular and wireless modules.
Segmentation by Services: Safety, Entertainment, Well-Being, Autonomous driving and Vehicle management, OEM Services among others.
Segmentation by Connectivity: Integrated, tethered and embedded.

Industry News
• BMW is using SIM card based connected drive technology for connected cars.
• A study shows that Tesla and Toyota are among the smartest companies working in connected car market.

Connected Car Market – Regional Analysis
Currently, North America is dominating the market of Connected Cars with the largest market share. Technological advancement and need of more safe cars is the key driver of this market in the connected car market. Going ahead, Europe stands as second biggest market of connected cars due to the high standard of living of European countries and high investment in the automotive. Asia Pacific has emerged as fastest growing market with the substantial CAGR. The current market of connected cars in the APAC region has been valued hugely which is expected to grow further over previous growth records by the end of forecasted period.

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The report for Global Connected Car Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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