The Connected Car Market to grow at a CAGR of 31% over 2016-2020, Says Researchers

Albany, NY, Jan 10: The growing proliferation of embedded in-vehicle connectivity and smartphone integration platforms has made connected cars one of the fastest growing segments of the IoT (Internet of Things) market. Keen to establish recurring post-sale service revenue streams, all major automotive OEMs are investing in connected car programs. Other ecosystem players, such as mobile operators and telematics specialists, are also vying to gain a larger share of the opportunity. In fact, many mobile operators have expanded beyond their traditional role as connectivity providers, to offer end-to-end connected car platforms directly to automotive OEMs and aftermarket suppliers.

By the end of 2016, SNS Research estimates that connected car services will account for $14 Billion in annual revenue, driven by a host of applications, including but not limited to infotainment, navigation, fleet management, remote diagnostics, automatic crash notification, enhanced safety, UBI (Usage Based Insurance), traffic management and semi-autonomous driving.

The "Connected Car Ecosystem: 2016 – 2030 – Opportunities, Challenges, Strategies & Forecasts" report presents an in-depth assessment of the connected car ecosystem including OEM connected car programs, enabling technologies, key trends, market drivers, challenges, applications, collaborative initiatives, regulatory landscape, standardization, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents market size forecasts for connected car services from 2016 through to 2030. The forecasts are segmented for 3 connectivity models, 5 application categories, 5 regions and 17 leading countries.

Get a Sample Research PDF with TOC: http://www.researchmoz.us/enquiry.php?type=S&repid=804869

The report covers the following topics:
- Connected car ecosystem
- Market drivers and barriers
- Enabling technologies and key trends
- Connected car programs and platform offerings
- Embedded, tethered and integrated connectivity models
- Analysis of key applications and opportunities
- Regulatory landscape, collaborative initiatives and standardization
- Industry roadmap and value chain
- Profiles and strategies of over 240 leading ecosystem players, including automotive OEMs, mobile operators and connected car platform specialists
- Strategic recommendations for ecosystem players
- Market analysis and forecasts from 2016 till 2030

Connectivity Model
- Embedded
- Tethered
- Integrated

Application Category
- Communications, Infotainment & Payments
- Navigation & Location Services
- Vehicle Management
- Safety & Security
- Driver Assistance & Autonomous Driving

Embedded Car Connections
- GSM
- CDMA-2000
- W-CDMA
- TD-SCDMA
- LTE & 5G
- Satellite & Other Technologies

Enquiry at: http://www.researchmoz.us/enquiry.php?type=E&repid=804869

The report has the following key findings:
- By the end of 2016, SNS Research estimates that connected car services will account for $14 Billion in annual revenue, driven by a host of applications. The market is further expected to grow at a CAGR of 31% between 2016 and 2020.
- Although the market is presently dominated by infotainment and telematics, connected driver assistance systems and autonomous driving applications will witness the highest growth rate over the next four years.
- Multiple automotive OEMs are beginning to integrate in-vehicle payment capabilities with their connected car platforms to make it possible for drivers to pay for services such as fuel, parking, food and tolling, without having to leave their vehicles.
- The connected car ecosystem continues to consolidate, with larger players investing in acquisitions to increase their market share, technical capabilities, revenue and geographic reach. For example, semiconductor giant Intel has made a spate of acquisitions including Altera, Yogitech, Arynga and Itseez, to bolster its IoT and connected car capabilities.
- Many mobile operators have expanded beyond their traditional role as connectivity providers, to offer end-to-end connected car platforms directly to automotive OEMs and aftermarket suppliers.

ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

Albany NY - 12207
United States
Tel: +1-518-621-2074
Tel: 866-997-4948 (Us-Canada Toll Free)
Email: sales@researchmoz.us
Follow us on LinkedIn at: http://bit.ly/1TBmnVG

This release was published on openPR.