Press release
Connected Cars Market Size, Share | Industry Growth Report, 2019-2025
The global connected cars market size was valued at USD 73.18 billion in 2018. The global connected cars market is primarily driven by high adoption in the telematics segment. Moreover, safety & security is fueling the global connected cars market growth. Automobile manufacturers highly focus on providing effective connectivity solutions in their vehicle to upscale their automobile sales. However, this leads to escalating the need for connectivity. Moreover, integrating connectivity solutions in the vehicle is considered as the topmost priority for automobile manufacturers, as consumers are expecting their vehicles to perform tasks the same as smart devices.Get more Information about this Report @ https://www.adroitmarketresearch.com/industry-reports/connected-cars-market
The global connected cars market confirmed remarkable growth in recent years. Major driving factors influencing the global connected cars market include an increase in the demand for safer, efficient, and convenient driving experiences, and government mandates for connected cars applications. Moreover, connected cars facilitate connectivity on wheels while offering comfort, safety, security and performance coupled with network technology. This help drivers connect with online platforms leading to real-time communication.
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Connected cars facilitate connectivity on wheels while offering convenience, comfort, .
Key Segments of the Global Connected Cars Market
Applications Overview, 2015-2025 (USD Million)
• Mobility
• Telematics
• Infotainment
• Driver Assistance
• Others
Connectivity Type Overview, 2015-2025 (USD Million)
• Embedded
• Tethered
• Integrated Telematics
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Provider Overview, 2015-2025 (USD Million)
• OEM
• Aftermarket
Component Overview, 2015-2025 (USD Million)
• Hardware
• Software
Connection Channel Overview, 2015-2025 (USD Million)
• DSRC
• Cellular Network
Vehicle Connectivity Overview, 2015-2025 (USD Million)
• V2Vehicle
• V2Infrastructure
• V2Cloud
• V2Pedistrain
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