Connected Car Market : Technological Breakthroughs, Value Chain and Stakeholder Analysis by 2025
Today, connected car is the big buzz word in the automotive and car industry. A connected car is equipped with Internet connectivity to share information between devices within the vehicle or to share information with devices outside the car such as in other cars, office, home, or other physical spaces.
Connected cars receive information pertaining to traffic, collisions, and other safety alerts in a timely manner. Connected car features can be categorized into safety, infotainment, payments, navigation, and diagnostics/efficiency.
Typically, connected cars that have been introduced after 2010 has a head-unit, in-dash system equipped with a screen for the driver to view or manage operations of the connections, and an infotainment unit.
Request Sample Copy of the Report @ www.tmrresearch.com/sample/sample?flag=B&rep_id=2048
Global Connected Car Market: Key Trends
The top factor driving the global connected car market include regulatory mandates on connected car modules. Moreover, rising demand for smartphone features in cars and real-time connectivity with cars to obtain vehicle data updates for vehicular safety is driving the connected car market.
However, factors such as network coverage limitation and risk of misuse of customer data by cybercriminals for unscrupulous activities is challenging the market’s growth.
The connected car market is expected to be benefitted as connected car is considered to be a stepping stone for autonomous vehicles, consumer electronics providers for connected cars can offer telematics and infotainment devices at a cheaper cost, and insurance rate for connected cars is dependent on usage.
The connected car market faces challenges with respect to disparity of product design procedures between OEMs, in-built solutions of cars, and smartphones. Also, the connected car market will benefit with reduced cost of telematics and infotainment equipment and services. In this scenario, creating an ecosystem that functions through cross-industry collaborations between OEMs, technology companies, and mobile network operators is poised to be the winning imperative for the industry.
Request TOC of the Report @ www.tmrresearch.com/sample/sample?flag=T&rep_id=2048
Global Connected Car Market: Market Potential
At the recent Seoul Motor Show 2017, Hyundai Motors announced a multitude of future-vehicle initiatives, which includes connected cars and electric vehicles. Developed by a team of in-house experts Hyundai’s new Connected Car Service platform will diminish the lines between mobility, living, and working spaces by means of voice control and allow vehicle owners to connect their vehicles with global appliance service providers.
Global Connected Car Market: Regional Outlook
North America is the leading regional market for connected cars. The U.S. is the leading contributor to the North America connected car market due to regulations in place for monitoring telematics applications.
Furthermore, in the U.S., the transportation system is reaching its capacity thus alternatives need to be sought to address the increasing traffic congestion issues. The transportation network in the U.S. is nearing saturation and infrastructure expansion by means of traditional methods is not a viable solution. Connected cars equipped with telematics and navigation tools is an ideal solution to address this issue. Moreover, the U.S. being home to some of the world’s major automobile companies such as General Motors Company, Ford Motor Company, and Tesla Motors Inc., along with the presence of software giants such as Microsoft Corporation and IBM Corporation and telecom providers such as AT&T Inc., Verizon Communications Inc., and Sierra Wireless are favoring the growth of the connected car market in the region.
Get Discount @ www.tmrresearch.com/sample/sample?flag=D&rep_id=2048
Global Connected Car Market: Competitive Landscape
Some of the key players in the global connected car market include Audi AG, General Motors Company, Google Inc.,Delphi Automotive Plc, AT&T Inc.,Robert Bosch GmbH, Wirelesscar, BMW AG,Tesla Motors Inc.,Volvo Car Corporation, Vodafone Group Plc., Denso Corporation,and Airbiquity Inc.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
Head - Internet Marketing
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Connected Car Market : Technological Breakthroughs, Value Chain and Stakeholder Analysis by 2025 here
News-ID: 638274 • Views: 146
More Releases from TMR Research
Drivers and Restraints: Solar Water Disinfection Market Growth and Restrain Fact …
Global Solar Water Disinfection Market: Snapshot Solar water disinfection has emerged as one of the most practical methods and low-cost techniques used by over 6 million people world over to disinfect non-potable water. The zero intervention measure has gained popularity among rural populations and low-income areas, especially in developing nations, to purify drinking water. These areas are characterized by the poor access to water sources and the unavailability of adequate sanitation.
Global Industry Analysis : Power Substation Automation and Integration Market Re …
Global Power Substation Automation and Integration Market: Snapshot Smart grid infrastructures have fundamentally transformed the electric power industry in a number of developed and developing nations. They play a seminal role in power substation automation and integration and have increased implementation in the electric sector. They essentially consist of advanced control methods and modern system software infrastructure. Out of several components of smart grid, primary are smart sensing & metering technologies
Energy Management Systems (EMS) Market - Overview On Upcoming Need 2025 | C3 Ene …
Global Energy Management Systems (EMS) Market: Snapshot Energy management systems (EMS) consist of hardware and software control systems designed to monitor and manage energy consumption and usage in buildings. They are aimed to optimize the entire energy consumption process in buildings, improve the utilization of electrical system, and reduce utility costs. EMS include sensors and other automation systems to collect and analyze crucial data on processes pertaining to lighting, power, security
Artificial Lift Systems Market Worldwide Survey On Product Need 2025 | Sclumberg …
Global Artificial Lift Systems Market: Snapshot It has been observed that at some point in their workable life, almost all oil wells need artificial lift systems. Of the nearly 2 mn operational oil wells across the globe, more than 90% which require some variety of artificial lift system to transport hydrocarbon to the surface at economical prices. As production capacities of most mature oil wells decline over the years, many forms
More Releases for Connected
RTI Connected Healthcare Security Demo
SUNNYVALE (USA)/London, March 2018 – At Embedded World, Real-Time Innovations (RTI) announced a live demo of Connext DDS Secure to highlight the increasing need for security throughout an IIoT system. The demo features Connext DDS in a Healthcare application, specifically a secured integrated clinical environment (ICE). This security architecture can easily extend to other markets, such as autonomous vehicles, smart grid/energy, and aerospace and defense. The Connext DDS Secure demo showcases
The Connected Customer: Utilities
Connecting the dots between technology, digital strategy and your customer T.A. Cook Conferences are delighted to announce The Connected Customer: Utilities conference, taking place on 16-17 November 2017 in Amsterdam, Netherlands. This event will address the transformational role digital innovation plays as utilities look to ‘connect the dots’ between technology, digital strategy and the customer. Attendees will have the opportunity to address the current challenges faced by utilities through industry
Globalisation of very high capacity networks The aim of this study is to obtain a detailed snapshot of superfast connectivity with a download rate superior or equal to 100 Mbps in big cities around the world and to draw out the top 10 selection. This comparison between cities is based on qualitative criteria such as quality of service, affordability compared to local standard of living and on quantitative criteria such as coverage
Connected Home Devices Deep Dive
ReportsWorldwide has announced the addition of a new report title Connected Home Devices Deep Dive to its growing collection of premium market research reports. Connected Home Devices Deep Dive breaks down Parks Associates' latest data on consumer preferences for interoperability among 13 popular smart home devices. First, the report provides a brief overview of current smart home adoption and purchaser demographics. Next, the report analyzes new data on exterior-monitoring cameras and consumer preferences
Experience intelligent connected manufacturing
Trebing + Himstedt will present numerous live demos, from 3-D worker instructions, to shop floor analytics, to predictive maintenance, at the Hannover Trade Fair 2016 Schwerin, March 8, 2016 – Trebing + Himstedt, SAP MES expert for consulting, implementation and licensing of SAP solutions in the production environment, presents practical example applications for intelligently connected production based on SAP MES and IoT solutions. Visitors to the Hannover Trade Fair can experience
Connected World - Connected Car
According to ABI research, the number of global users of telematics smartphone applications is set to explode in the next five years from 3.2 million to 129 million users. It is vital that automotive manufacturers keep up-to-date with developments in this field if they are to remain competitive in this fast-paced market. Because their customers won’t wait. At IQPC’s 4th International Conference Connected Vehicles from 12-14 April in Berlin, experts