Global Connected Car Market (Products & Services, Application, Connectivity Technology, Geography)

Big Market Research adds a new study " Global Connected Car Market– Size, Share, Trends, Forecast, Growth, Opportunities"

A connected car is a car that is equipped with internet access, and usually also with a wireless local area network allowing the car to share internet access to other devices both inside and outside the vehicle. Globally the connected car shipments market is estimated to reach around 59.86 Million units and a value of $98.42 Billion by 2018.

The major growth drivers would be consumer demands. In a survey named Connect Vehicle it was found that 39% of people surveyed responded that in-vehicle technology was the significant deciding factor while purchasing a new car.

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The demand for security or vehicle tracking is hampered due to lack of internet connectivity in rural areas. The internet penetration in terms of total global population has been 34.3% and as low as 15.6% in regions like Africa.

The big players in connected car market are At&T Inc, Airbiquity Inc, Alcatel-Lucent, Audi Ag, Bayerische Motoren Werke (BMW), AG,Daimler, Delphi Automotive LLP, Ford Motor Company, Garmin Ltd, General Motors, Harman International, Hughes Telematics, Hyundai Motor Company.

KEY BENEFITS

• A major source of information to deal with changing business trends.
• Internal and external competition can be better known and worked upon using Porter’s five forces.
• The SWOT analysis provides a detailed picture about the present market situation and future scope for growth.
• A brief classification of market segments based on products and services, applications, technologies and geographies.
• Provides company portfolio analysis and their strategies in connected car market

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KEY MARKET SEGMENTS

BY PRODUCTS AND SERVICES

• Service Market
• Service Market By Types
• Service Market By Application
• Product Market
• Product Market By Types
• Connected Car Hardware

BY APPLICATION

• Navigation
• Real Time Data Capture & Management
• Road Weather Management
• Road And Vehicle Monitoring
• Telematics
• Infotainment
• Entertainment
• Communication

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BY CONNECTIVITY TECHNOLOGY

• Long Term Evolution (LTE)
• WI-FI
• 3g
• Hspa

BY GEOGRAPHY

• North America
• Europe
• Asia
• ROW

KEY AUDIENCES

• Connected Cars providing companies, dealers and wholesalers
• Organizations involved in deploying applications for these cars.
• Potential entrants interested in entering this market
• Experts and people involved in the development of components for these cars.

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