Connected Car Market in 2022 Technological Strategies, Business Advancements and Top-Competitive Landscape by 2027

Connected Car Market Report is an in-depth study of the current state aimed at the major drivers, market strategies, and key player’s growth. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a universal and local scale. The structured analysis contains graphical as well as a diagrammatic representation of worldwide Centrifugal Air Classifier Market with its specific geographical regions.

Connected Car Market size is estimated to reach USD 307.80 Billion by 2028 from USD 53.86 Billion in 2020, registering a CAGR of 24.10% through the forecast period.

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Competitive Landscape:

In April 2019, HARMAN International announced its plans to deliver its next-gen infotainment modules to BMW, thereby supporting automakers for several entertainment developments and in-car technology.

Continental AG, Bosch, HARMAN, BMW, Visteon, Tesla, AT&T, Qualcomm, Sierra Wireless, and Panasonic, among others. These industry players are focusing on expanding their product portfolios to attract a larger customer base. For instance, on August 2020, Amazon Web Services, Inc. and Toyota Motor Corporation announced their collaboration, wherein the vast portfolio of AWS’s services would help Toyota’s Mobility Services Platform to expand by aiding engineers across Toyota to create, produce, deploy, as well as manage data-driven mobility services for passenger & driver safety, comfort, convenience and security in Toyota’s new cloud-connected vehicles.

Market Segmentation

Key Players:

Alpine Electronics, BMW, Delphi Automotive, Ford Motor, NXP Semiconductors, Audi, Bosch, Continental, Google, Mercedes-Benz

The Connected Car Market Based on product type, follow:

Embedded solutions

Integrated solutions

Tethered solutions

The Connected Car Market Based on application, follow:

Infotainment

Navigation

Telematics

Regional Outlook:

In an effort to reduce the potential for a vehicle crash on roadways in America, the Department of Transportation issued a NPRM (Notice of Proposed Rulemaking) in 2017 to enable a vehicle to vehicle communication technology on all new light-duty vehicles.

In 2019, The Asia Pacific region dominated the market revenue share and is anticipated to deliver a CAGR of 21.7% through 2027. The growth can be attributed to a myriad of factors, including rapid smartphone penetration, declining average selling price of automotive, and deployment of high-speed internet services in the region, pushing the sales for smart technology integrated vehicles. Europe is estimated to contribute significantly towards the revenue share, registering a growth rate of 20.1% over the analysis period.

Regions are covered by Connected Car Market Report 2022 to 2027

For a comprehensive understanding of market dynamics, the Connected Car market is analysed across key geographies namely: North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). Each of these regions is analysed on the basis of market findings across major countries in these regions for a macro-level understanding of the market.

Important sections of the table of contents:

Global Connected Car Market Overview
Global Connected Car Market Competition by Manufacturers
Connected Car Market Scenario by Region
Global Connected Car Market Analysis by Type
Production, Revenue (Value), Price Trend by Type
Global Connected Car Historic Market Analysis by Application
Company Profiles and Key Figures in Connected Car Business
Connected Car Manufacturing Cost Analysis
Marketing Channel, Distributors and Customers
Market Dynamics
Global Market Forecast

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Reasons to buy the «Keyword» report:

It provides a forward-looking perspective on different factors driving or restraining market growth
provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments

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