Press release
Key Challenge : Connected Car M2M Connections and Services Market in UK will Grow Impressively at a CAGR of Almost 32.26% by 2020
A connected car ecosystem comprises of many players such as telecommunications providers, third-party app vendors, connected car manufacturers, device manufacturers, operating system (OS) and platform providers, analytics providers, and aftermarket telematics providers. These players are forging partnerships to provide connected car M2M services to consumers at competitive prices.
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Connected technology enables drivers to access accurate and updated travel information on route options and learn about the possible cost and environmental impact of those options. For optimal fuel efficiency, vehicles can communicate with traffic signals to eliminate avoidable stops.
Technavios analysts forecast the connected car M2M services market in the UK to grow at a CAGR of 32.26% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the connected car M2M services market in the UK for 2016-2020. To calculate the market size, Technavio considers service revenue generated from OEM and aftermarket equipment and from infotainment, navigation, and telematics services.
The market is divided into the following segments based on usage:
OEM
Aftermarket
Technavio's report, Connected Car M2M Connections and Services Market in UK 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
Audi Connect
BMW
British Telecom
Gemalto
GM
Other prominent vendors
Delphi Automotive
Ford Motors
IBM
IMS
Mercedes-Benz Connect
Parrot Automotive
PSA Peugeot Citron
Qualcomm
Sierra Wireless
Tech Mahindra
Toyota Motors
Volkswagen
Wipro
Verizon Enterprise Solutions
Market driver
Awareness of safety and security among drivers
For a full, detailed list, view our report
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Market challenge
High cost of connected car M2M connections and services
For a full, detailed list, view our report
Market trend
Deployment of V2X technologies in vehicles
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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