Press release
Connected Cars Market Is Thriving Worldwide| General Motors, Ford Motor Company, Delphi Automotive
Connected Cars Market
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Summary
Connected cars connects to other devices within the car or devices, networks and services outside the car including other cars, home, office or infrastructure. The major stakeholders of connected cars are automotive majors, wireless carriers and engineering IT service providers. Some of the features that are used today are music/audio, GPS navigation system, wireless connectivity to make and receive phones, parking apps using a smartphone, automobile diagnostics. The future of connected cars includes LTE data connections & Wi-Fi, Vehicle-to-Vehicle (V2V) & Vehicle-to-Infrastructure (V2I) and autonomous cars. Two of the major hurdles that may hamper its rapid adoption are wireless connectivity infrastructure and consumers concerns of data safety & privacy. Some of the major market players include Apple, Google, IBM, GM OnStar, Daimler, Ford, QNX.
The report provides unique insights into an in-depth analysis of global connected cars market, drivers and restraints as well as growth opportunities. It also contains analysis and forecast revenues, competitive landscape, company profiles and industry trends.
Some Players from Research Coverage:
General Motors
Ford Motor Company
Delphi Automotive PLC
NXP Semiconductors
Daimler AG
Continental AG
Garmin International
Apple Inc.
Google Inc.
International Business Machines Corporation
AT&T Inc.
Intel Coproration
Zubie
Intelligent Mechatronic Systems – IMS
Jasper Technologies, Inc
Mojio
Autonet Mobile
Technology:
2G
3G
4G
GNSS
Others
Connectivity:
Embedded
Integrated
Tethered
Applications:
Location Based Applications
Infotainment & HMI
Safety & Security
Convenience
Driver Assistance
Others
Regions:
North America
Latin America
Western Europe
Central Eastern Europe
Middle East & Africa
Asia-Pacific
EXECUTIVE SUMMARY
The connected cars market is not new to the market but now it is one of the hottest market where everybody are trying to be a part of it considering enormous potential the market beholds. Globally 700 million cars are there on road and 60 million connected cars are produced annually. Government initiatives and spending on smart cities will favour the connected cars market. Car manufacturers such as BMW, Audi, Daimler AG are focusing on bringing in new technologies make the car driving experience safer and more personalised. Telematics companies have tie ups with the car manufacturers and network connectivity providers to expand their portfolio of services to a whole new market. Large vendors, as a part of their expansion strategy, will continue to acquire small players in the market. North America and Eastern Europe are the major market for connected cars whereas the emerging region Asia-Pacific (India and China) is expecting a high growth in industrial and infrastructure sector in the next five years.
Connected cars will enhance safety, traffic controllability, and overall car experience. The Global Connected Car market is expected to grow in the future mainly driven by adoption of technologies by customers and government initiatives in various regions. Automotive companies, tier1 suppliers, network carriers, modules plug-in, technology enablers, telematics provider and other will continue forge partnerships and create better connected car solutions. The global connected car market is expected to reach 153.6 billion by 2025.
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Table of Contents
1 Industry Overview
1.1 Industry Trends
1.2 Future Possibilities
2 Report Outline
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 Market Snapshot
3.1 TAM & SAM
3.2 Global Connected Cars Market Revenue
3.3 Global Connected Cars Shipment
3.4 Connected Cars impact on Non-Automotive Industries
3.5 Related Markets
3.5.1 Smart Cities
3.5.2 Smart Homes
3.5.3 Wearable Consumer IOT
4 Market Characteristics
4.1 Evolution of Market
4.2 Value-Chain
4.3 Market Segmentation
4.4 Market Dynamics
4.4.1 Drivers
4.4.1.1 Consumers Want Digital Services and Safety Features
4.4.1.2 Government Regulations
4.4.1.3 Standards
4.4.1.4 Vehicle Manufacturers See Additional Revenue Streams
4.4.2 Restrains
4.4.2.1 Security Concerns
4.4.2.2 Cost Concerns
4.4.3 Opportunities
4.4.3.1 New Market for Mobile Network Operators
4.4.3.2 Emerging Domain for Cloud Providers
4.4.3.3 Target Marketing
4.4.4 DRO – Impact Analysis
4.5 Porter 5 (Five) Forces
....Continued
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HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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