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2021 Global Connected Cars Market Size, Share, Trends, COVID-19 Impact And Growth Analysis Report

09-03-2021 08:33 AM CET | Logistics & Transport

Press release from: The Business research company

Connected Cars Market

Connected Cars Market

The Business Research Company offers " Connected Cars Global Market Report 2021 - By Product Type (Embedded, Tethered, Integrated), By Services (Driver Assistance, Safety, Entertainment, Well-Being, Vehicle Management, Mobility Management), By Application (Navigation, Infotainment, Telematics), 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 trend s and strategies that players in the market can adopt.

The connected cars market report describes and explains the global connected cars market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

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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 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 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 market is expected to reach $142.22 billion in 2025 at a CAGR of 16%.

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Some of the major players of 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.

The global connected cars market is segmented -
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

Read More On The Global Connected Cars Market Report:
https://www.thebusinessresearchcompany.com/report/connected-cars-market-global-report-2020-30-covid-19-growth-and-change

Few Points From Table Of Content
1. Executive Summary
2. Connected Cars Market Characteristics
3. Connected Cars Market Trends And Strategies
4. Impact Of COVID-19 On Connected Cars
5. Connected Cars Market Size And Growth
.....
26. Africa Connected Cars Market
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

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