Connected Cars Market 2021 Comprehensive Analysis of the Development Factors in the Industry

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The global connected cars market is expected grow from $65.94 billion in 2020 to $78.19 billion in 2021 at a compound annual growth rate (CAGR) of 18.6%. The market is expected to reach $142.22 billion in 2025 at a CAGR of 16%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.

The Business Research Company offers "Connected Cars Global Market Report 2021" 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.

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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.

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, Denso, Apple Inc., Google Inc., NXP Semiconductors N.V., Telefonica, Verizon Wireless, TomTom International BV., Vodafone Group, Honda Motor Co. Ltd, Fiat Chrysler Automobiles, Tesla, Qualcomm, Sierra Wireless, Panasonic, ZF Friedrichshafen AG, Valeo SA, Alcatel Lucent, Daimler AG, Nissan.

The countries covered in the global connected cars market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global connected cars market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Connected Cars Market Segmentation:
1) By Product Type: Embedded, Tethered, Integrated, Others
2) By Services: Driver Assistance, Safety, Entertainment, Well-Being, Vehicle Management, Mobility Management, Others
3) By Application: Navigation, Infotainment, Telematics

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A Few Points From The 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
……
27. Connected Cars Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Connected Cars Market
29. Connected Cars Market Future Outlook and Potential Analysis
30. 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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