openPR Logo
Press release

Global Connected Car Market to reach USD 251.7 billion by 2026

02-05-2020 12:56 PM CET | IT, New Media & Software

Press release from: Index Markets Research

Global Connected Car Market to reach USD 251.7 billion by 2026

The Global Connected Car market report analysis includes market size, upstream situation, market segmentation, market segmentation, price & cost and industry environment. In addition, the report outlines the factors driving industry growth and the description of market channels.The report begins from overview of industrial chain structure, and describes the upstream. Besides, the report analyses market size and forecast in different geographies, type and end-use segment, in addition, the report introduces market competition overview among the major companies and companies profiles, besides, market price and channel features are covered in the report. Development strategies and plans are discussed as well as analysis of production processes and cost structures. The report also mentions import/export usage, supply and demand, cost, revenue and gross margin.

Request for Sample Report @ http://bit.ly/39e2vH7

A connected car is a car that can convey indirectly with other systems outside the car (LAN). This allows the car to have Internet access, and therefore data, to be shared with other devices both inside and outside the vehicle. Connected Cars allow the driver to reach at destination quickly, safely, and in a cost-efficient manner. By communicate with the traffic signals and the road infrastructural, a smart car can slow down before reaching a signal. Connected cars are generate car data qualities that clarify location, engine status, if a door was locked, speed, and much much more. Car data is generated from the vehicle's electronic control units (ECUs), Controller Access Networks, and even infotainment systems . Connected cars share details on road and traffic conditions to allow nearby cars to take appropriate action.The connect car combine the vehicle, communication, and the Internet of Things.

Global Connected Car Market is valued approximately USD 69.3 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 14.8% over the forecast period 2019-2026. Connected cars are equipped with internet access facility and mainly work on wireless local area network. This internet connection helps the cars to connect with other devices both inside and outside the vehicle. These connections help to connect to smart phone which help use the advancing technologies in the car. Further, rise in the Demand for Safer, More Efficient, and Convenient Driving among the customers and government Mandates for Connected Car Applications has led the adoption of Connected Car across the forecast period. Also, evolution of the New Value Chain Ecosystem of the Automotive Industry is expected to fuel the demand for Connected Cars. However, the connected cars market faces a major restrains owing to the lack of supporting Infrastructure for connected cars in the developing countries and unavailability of standard Platforms. Further, the increasing hacking of internet connected devices and high costs of these cars pose a major challenge to the connected cars market.

The regional analysis of global Connected Car market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to increasing connected car devices in passenger cars and increase in digital services such as cybersecurity and updates. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as increasing government mandates and growing communication and information technology infrastructure, such as 4G LTE or 5G would create lucrative growth prospects for the Connected Car market across Asia-Pacific region.

Major market player included in this report are:
Bosch (Germany)
Continental (Germany)
Harman (US)
Denso (Japan)
ZF (Germany)
NXP (Netherlands)
Infineon (Germany)
Valeo (France)
Delphi (UK)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Service:
Connected services
Safety and security
Autonomous driving

By Network:
Dedicated Short-Range Communications (DSRC)
Cellular

By Transponder:
On-Board Unit (OBU)
Roadside Unit (RSU)

By Form:
Embedded
Tethered
Integrated

By Hardware:
Smart antenna
Display
Electronic Control Unit (ECU)
Sensors
By End Market:
Original Equipment Manufacturer (OEM)
Aftermarket

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:
Historical year - 2016, 2017
Base year - 2018
Forecast period - 2019 to 2026

Target Audience of the Global Connected Car Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investor

Browse full report @ https://www.indexmarketsresearch.com/report/global-connected-car-market-3/399564/

In the end, Connected Car Market Report delivers a conclusion which includes Breakdown and Data Triangulation, Consumer Needs/Customer Preference Change, Research Findings, Market Size Estimation, Data Source. These factors will increase the business overall.

Request customize -
If you wish to find more details of the report or want a Customization Please contacts us. You can get a detailed of the entire research here.

Jose Walker
Global Strategic Consultant
Email Id: sales@indexmarketsresearch.com
Phone: +1 202 888 3519
Web: https://www.indexmarketsresearch.com/
99 Wall Street #1289 , New York , NY 10005

As the established global expert in market research data, IMR optimizes your market research and decision making to drive business results. Rigorous consumer and B2B data collection, robust panel sampling via a variety of methods, recommendations on sample selection, integrated data solutions, and unique methodologies make us a partner you can count on. IMR is a leading global research and advisory firm committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Connected Car Market to reach USD 251.7 billion by 2026 here

News-ID: 1920222 • Views: 321

More Releases from Index Markets Research

Impressive Growth of Global Asteroid Mining Market 2020 by Assessment of Competi …
The report Global Asteroid Mining Market provides crucial information regarding market size, market share, statistics, application, and revenue are compiled in the research to develop an ensemble prediction. Report presenting insights into the recent developments, mergers & acquisitions, company profiles, financial status, product portfolio, and the SWOT analysis The research study includes profiles of leading companies operating in the global Asteroid Mining market. The Asteroid Mining Market report offers growing
Global Wi-Fi Hotspot Market 2020 Growth, Development and Forecast Report | Ipass …
Global Wi-Fi Hotspot Market report in-depth assessment and professional study on the present and future state of the Wi-Fi Hotspot market across the globe, including valuable facts and figures. Wi-Fi Hotspot Market provides information regarding the emerging opportunities in the market & the market drivers, trends & upcoming technologies that will boost these growth trends. Wi-Fi Hotspot Market report contains a comprehensive overview of including definitions, Scope, Application, Production and
Global Cryptocurrency Market 2020 Showing Impressive Growth With ZEB IT Service, …
The extensive study on Global "Cryptocurrency" Market reveals that the major market players are continuously endeavoring to pursue innovations and product development. The market players serve the urge to respond to new opportunities by expanding their global presence and services. This report aims to provide insights into Global Cryptocurrency Market scenario to enhance product functionality fuels the market growth. Cryptocurrency Market provides information regarding the emerging opportunities in the market
Global Slot Machine Market 2020 Growth, Development and Forecast Report | Scient …
The report Global Slot Machine Market provides crucial information regarding market size, market share, statistics, application, and revenue are compiled in the research to develop an ensemble prediction. Report presenting insights into the recent developments, mergers & acquisitions, company profiles, financial status, product portfolio, and the SWOT analysis The research study includes profiles of leading companies operating in the global Slot Machine market. The Slot Machine Market report offers growing

All 5 Releases


More Releases for Connected

Connected TV Advertising Trends in 2019
Consumer behavior becomes the ultimate driver behind the evolution of the TV ecosystem. Following consumers’ habits, TV advertising shifts away from traditional TV, desktop, and mobile. New home for TV ad is CTV – connected video devices, like smart TVs, boxes, sticks, and devices streaming content via broadband. Last year CTV disrupted the way video advertising is served. How exactly will it influence this market? CTV can help make the ads
Connected Logistics Market - Competitive Trends Developments 2025
Global Connected Logistics Market: Snapshot According to the analysts of this fresh business intelligence study, the global connected logistics market is primed for a prosperous future, primarily due to the lack of proper temperature management at most of the storage facilities. Temperature-sensitive products, particularly from the food and beverage sector, require assurance regarding the protection of their products from getting spoiled or wasted. To overcome these issues, connected logistics has emerged
RTI Connected Healthcare Security Demo
SUNNYVALE (USA)/London, March 2018 – At Embedded World, Real-Time Innovations (RTI) announced a live demo of Connext DDS Secure to highlight the increasing need for security throughout an IIoT system. The demo features Connext DDS in a Healthcare application, specifically a secured integrated clinical environment (ICE). This security architecture can easily extend to other markets, such as autonomous vehicles, smart grid/energy, and aerospace and defense. The Connext DDS Secure demo showcases
The Connected Customer: Utilities
Connecting the dots between technology, digital strategy and your customer T.A. Cook Conferences are delighted to announce The Connected Customer: Utilities conference, taking place on 16-17 November 2017 in Amsterdam, Netherlands. This event will address the transformational role digital innovation plays as utilities look to ‘connect the dots’ between technology, digital strategy and the customer. Attendees will have the opportunity to address the current challenges faced by utilities through industry
Connected Cities
Globalisation of very high capacity networks The aim of this study is to obtain a detailed snapshot of superfast connectivity with a download rate superior or equal to 100 Mbps in big cities around the world and to draw out the top 10 selection. This comparison between cities is based on qualitative criteria such as quality of service, affordability compared to local standard of living and on quantitative criteria such as coverage
Connected Home Devices Deep Dive
ReportsWorldwide has announced the addition of a new report title Connected Home Devices Deep Dive to its growing collection of premium market research reports. Connected Home Devices Deep Dive breaks down Parks Associates' latest data on consumer preferences for interoperability among 13 popular smart home devices. First, the report provides a brief overview of current smart home adoption and purchaser demographics. Next, the report analyzes new data on exterior-monitoring cameras and consumer preferences