Press release
Worldwide Connected Cars Industry Trends And Outlook: Mercedes-Benz, Ford Motor Company, BMW, Audi AG
The Business Research Company offers "Connected Cars Market Global Report 2020-30: Covid 19 Growth and Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The global connected cars market is expected decline from $73.17 billion in 2019 and to $70.51 billion in 2020 at a compound annual growth rate (CAGR) of -3.63%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $109.92 billion in 2023 at CAGR of 15.95%.
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The connected cars market consists of sales of connected cars and related services. Connected cars are cars empowered with internet access and local area network which helps to communicate with other vehicles. These cars have wide range of sensors that transmits and receives signals by the manufacturers in conjunction with the services to enhance consumer experience with the real time interaction of the vehicles. These cars can be connected with smartphones or other mobile phones and allows the driver to mechanically monitor the performance of the car.
The connected cars market covered in this report is segmented by product type into embedded, tethered, integrated, others. It is also segmented by services into driver assistance, safety, entertainment, well-being, vehicle management, mobility management, others and by application into navigation, infotainment, telematics. Connected car companies are increasingly developing new technologies such as digital and autonomous technologies in order to increase their revenue and also for gaining a competitive edge over their rivals.
Connected Cars Market Segmentation: -
By Product Type
1. Embedded
2. Tethered
3. Integrated
4. Others
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Few Points From Table Of Content
1. Executive Summary
2. Connected Cars Market Characteristics
3. Connected Cars Market Size And Growth
4. Connected Cars Market Segmentation
5. Connected Cars Market Regional And Country Analysis
......
25. Connected Cars Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Connected Cars Market
27. Connected Cars Market Trends And Strategies
28. Connected Cars Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the connected cars market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the connected cars market are Robert Bosch GmbH, Ford Motor Company, BMW, Audi AG, General Motors, Delphi , AT&T Inc., Airbiquity, Visteon, Mercedes-Benz
Contact Information:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
About Us:
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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