Press release
Market Outlook : Connected Car M2M Connections and Services Market Globally Grow at a CAGR of 28% by Revenue During the Period 2016-2020
About Connected Car M2M Connections and ServicesConnected cars are equipped with Internet and wireless services that help the cars connect with networks or services. M2M connections are established between two electronic or mechanical devices for automated data transmission.
A connected car M2M connection refers to the automated wireless data transmission between a car and another vehicle, an OEM, third-party service providers, enterprises, Internet-capable devices, or an infrastructure.
Technavios market research analyst predicts the global connected car M2M services market to grow at a CAGR of over 30% while the connections market is expected to grow at a CAGR of over 28% during the forecast period.
Covered in this report
The report covers the present scenario and the growth prospects of the global connected car M2M connections and services market for 2016-2020. To calculate the market size, the report considers revenue generated from the following:
OEMs and aftermarket services
Infotainment, navigation, and telematics services
In-vehicle, telematics, and telecom services, as well as hardware and platforms
Data analytics services and automotive apps
Technavio's report, Global Connected Car M2M Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
BMW
General Motors
Gemalto
Sierra Wireless
Verizon Telematics
Other prominent vendors
Telecommunications services providers
AT&T
Bell Mobility
BT
China Mobile
Datora Telecom
Deutsche TeleKom
Ericsson
Everything Everywhere
KDDI
Orange
Sprint
Telefonica
Telenor
Vodacom
Vodafone
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Automotive services and equipment providers
Airbiquity
Apple
Audi
Autonet Mobile
Axway
Broadcom
CalAmp
Daihatsu
Daimler
Delphi Automotive
Ford Motor
Garmin
Harman International
HERE
Hyundai Motors
IBM
Intel
Intelligent Mechatronic Systems
IturanLuxoft Holdings
Mahindra
Masternaut
Microsoft
Nokia
Nuance Communications
OmniLink
Oracle
Porche
Qualcomm
RACO Wireless
Selftrack
Sony
Tata Consultancy Services
Tech Mahindra
Telit Communications
Tesla Motors
TomTom
Toyota Motors
Transatel
Viper
Virdata
Volvo
Wireless Car
Zhejiang Geely
Zubie.
Market driver
Awareness of safety and security among drivers
For a full, detailed list, view our report
Market challenge
Distraction caused by infotainment services
For a full, detailed list, view our report
Market trend
Autonomous vehicles
For a full, detailed list, view our report
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