Connected Car Market is expected to be benefitted as connected car
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 a sample copy of the Report @ https://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 @ https://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.
Read Comprehensive Overview of Report @ https://www.tmrresearch.com/connected-car-market
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.
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.
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.
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 is expected to be benefitted as connected car here
News-ID: 815408 • Views: 557
More Releases from TMR Research
Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - …
Automotive Vision System Market: Introduction A system that increases the vehicle driver's perception during night or bad weather conditions is termed as Automotive night vision system (ANVS). The system is otherwise beyond the reach of the vehicle's headlights, thereby prevents accidents at night. It can also be defined as a system which assists the driver by increasing visibility during bad whether while providing safety. Vehicle which have automotive vision system integrated are
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market: Snapshot The waste heat recovery market has been expected to reach a valuation of US$ 65.87 Bn and expand at a CAGR of 6.90% in the foreseeable years from 2020 to 2030. The growth opportunities in the waste heat recovery market are attributed to the increasing prices of electricity and energy in the emerging economies. In addition to this, government regulations and incentives are also estimated to contribute
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Ma …
Global Physical Fitness Equipment Market: Snapshot The physical fitness equipment market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2020 to 2030. The revenue generation opportunities in the physical fitness equipment market are attributed to the increasing enthusiasm among people toward fitness. In recent years, the fitness industry has been growing at a noticeable speed owing to
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Grow …
Global Molecular Spectrometry Market: Snapshot Molecular spectrometry examines and quantifies the response of molecules on interaction with known amounts of energy. Molecules have some energy levels that can be studied by determining the molecule's energy exchange through emission or absorbance. Molecular spectrometry involves studying emission, absorption, or scattering of electromagnetic waves by atoms or molecules to quantitatively and qualitatively study atoms, molecules or physical processes. The interaction of matter with radiation
More Releases for Connected
Connected Sensors segment to dominate the United States Connected Drug Delivery …
Increase in awareness regarding the non-compliance of drug therapy is expected to drive the demand for United States connected drug delivery devices market for the forecast period. According to TechSci Research report, “United States Connected Drug Delivery Devices Market By Product Type (Connected Sensors v/s Integrated Connected Devices) By Technology (Bluetooth, Near Field Communication, Others) By Application (Asthma & COPD, Diabetes, Others) By End User (Healthcare Providers v/s Homecare) By Region,
Connected Aircraft Market 2020-2027 research report is an in-depth analysis of the latest trends, market size, status, upcoming technologies, industry drivers, challenges opportunity with key company profiles, and strategies of players. The Connected Aircraft Market report also provides the market impact and new opportunities created due to the COVID19 catastrophe. Get the Free Access to the Sample Report of Connected Aircraft market is available at https://inforgrowth.com/sample-request/6327290/connected-aircraft-market Connected Aircraft Market report 2020-2027, discusses
Connected Car Software Market 2020-2027 Huge Demands Worldwide By IBM IoT Connec …
The Research Insights has newly formulated a new report titled "Global Connected Car Software Market" for the forecast period of 2020. It also delivers an in-depth view, which provides an overview of the business players entering this competitive landscape. It also depicts a solid foundation for the readers who are looking forward to expanding their holding over the competitive landscape. Connected car software provides assistance with configuring, managing, and monitoring internet
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 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
Are You Connected? Q R Connected™ Revolutionizes the Real Estate Industry
September 24, 2010- Houston, TX- Marketing Depot, Inc. is revolutionizing the way Real Estate Professionals do business with the launch of Q R Connected™, aimed at simplifying the buying process for busy consumers as they shop for a property. Beginning today, Real Estate Professionals can get their own Q R Connected™ code that can be incorporated into their marketing materials. This code may be scanned and “read” by smart phones,