Press release
Connected Car Market Growing at a CAGR of 27.5% and Top Vendors are (Audi AG , MW AG, General Motors Company, Tesla Motors, Inc., Google, Inc., Volvo Car Corporatio, Delphi Automotive Plc, Vodafone Group Plc., AT&T, Inc., Denso Corporation, Robert Bosch G
Global Connected Car Market
Global Connected Car Market accounted for USD 28.3 billion in 2016 growing at a CAGR of 27.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Company Share Analysis:
The detailed report of global connected car market vendor level analysis impact and development of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others.
Top Key Players:
• Audi AG,
• MW AG,
• General Motors Company,
• Tesla Motors Inc.,
• Google Inc.,
• Volvo Car Corporation,
• Delphi Automotive Plc,
• Vodafone Group Plc.,
• AT&T Inc.,
• Denso Corporation,
• Robert Bosch GmbH,
• Airbiquity Inc.,
• Wireless car,
• Ford Motor Company,
• Microsoft Corporation,
• TATA Consultancy Services Ltd.,
• Toyota Motors Corp.,
• Verizon Communications Inc.
Major Market Drivers & Restraints:
• Increased demand for smartphone connectivity
• Growing government regulations
• Increasing concerns about safety
• Network coverage limitation
• High prevalence of cyber crime
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Global Connected Car Market, By Geography, Component (Hardware, Semiconductor {Microcontrollers, FPGAS, DSPS, Memory Chips}, Connectivity ICs {Cellular, Wi-Fi, Bluetooth}), Application (Telematics, Infotainment, Combined) – Industry Trends and Forecasts 2024
Market Segmentation:
On the Basis of Component
• hardware
• semiconductor
• connectivity ICs
On the Basis of Application
• Telematics
further sub-segmented into emergency calling, vehicle diagnosis and maintenance notifications, driver behaviour analysis, predictive maintenance, fleet management, forward hazard warning, curve speed warning, overtake vehicle warning, parking management system, dynamic mobility, traffic control system, and usage-based insurance
• Infotainment
Further sub-segmented into GPS navigation, and entertainment
• combined
On the basis of geography
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
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