Press release
Global Connected Car Market is Projected to Grow at a Highest CAGR of 27.5% with Markets Top Key Players like General Motors Company, Tesla Motors, Inc., Google, Inc., Volvo Car Corporation
Global Connected Car Market – Industry Trends and Forecasts 2024
Top Key Players:
• Audi AG
• MW AG
• General Motors Company
• Tesla Motors Inc.
• Google Inc.
• Volvo Car Corporation
• Delphi Automotive Plc
• Vodafone Group Plc.
• AT&T Inc.
• Denso Corporation
• Robert Bosch GmbH
• Airbiquity Inc.
• Wireless car
• Ford Motor Company
• Microsoft Corporation
• TATA Consultancy Services Ltd.
• Toyota Motors Corp.
• Verizon Communications Inc.
Connected car is a car well equipped with internet connectivity and wireless LAN to optimize its own operation and maintenance as well as the convenience and comfort of passengers using onboard sensors. This technology has led to improved safety as well as enables the car to be connected with online platforms and facilitate the driver with real-time communication.
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Market Segmentation:
On the basis of component
• hardware
• semiconductor
• connectivity ICs
On the basis of application
• Telematics
further sub-segmented into emergency calling, vehicle diagnosis and maintenance notifications, driver behaviour analysis, predictive maintenance, fleet management, forward hazard warning, curve speed warning, overtake vehicle warning, parking management system, dynamic mobility, traffic control system, and usage-based insurance
• Infotainment
Further sub-segmented into GPS navigation, and entertainment
• combined
On the basis of geography
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Company Share Analysis:
The detailed report of global connected car market vendor level analysis impact and development of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others.
Major Market Drivers & Restraints:
• Increased demand for smartphone connectivity
• Growing government regulations
• Increasing concerns about safety
• Network coverage limitation
• High prevalence of cyber crime
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sales@databridgemarketresearch.com
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