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Connected Car Market Trends, Size, Growth and Forecast to 2020

 <br>The global connected car market is expected to grow from $25,263.3 million in 2014, and reach $137,780.8 million by 2020, growing at a CAGR of 26.9% during 2015 – 2020.

VijayMishra
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Connected Car Market Trends, Size, Growth and Forecast to 2020

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  1. GLOBAL INDUSTRY INSIGHT: C onnected C ar Market Trends, Size, Share, Development and Demand Forecast to 2020

  2. Global Connected Car Market to Witness 27% CAGR during 2015 – 2020 The global connected car market is expected to grow from $25,263.3 million in 2014, and reach $137,780.8 million by 2020, growing at a CAGR of 26.9% during 2015 – 2020. The global connected car market, comprising sensors, processors, wireless & cellular modules, fleet manager, OEM services and aftermarket services is driven by the availability of fast and advanced communication & connectivity solution. With the enhancement for safer driving experience fueled with favorable rules & regulations in different countries would also favors the growth of connected car market across various geographic regions. Explore R eport w ith Detailed TOC at: https://www.psmarketresearch.com/market- analysis/connected-car-market The adoption of connected car in North America is high owing to the widespread connectivity solutions and ease in availability of products and services with government regulations for driver safety. The European region is showing huge market potential for the adoption of connected car. This growth is highly complimented with the eCall regulations, mandated by the European Parliament for the installation of eCall systems in the cars manufactured from the year 2015. Other regions such as Asia-Pacific would become the prominent market for connected cars owing to high growth in automotive market and enhancing connectivity infrastructures. Ask for Sample Pages: https://www.psmarketresearch.com/market-analysis/connected-car-market/report- sample The advancement in infotainment systems and increasing connectivity through wireless networks are the two main factors, which would help enhancing the market growth for connected cars. Furthermore, rising consumer demands in accordance with growing number of tech savvy people, increasing dependency on technology related products and enhancing connectivity options, would also act as growth factors for connected car market. On the other hand, some of the restraints associated with connected cars are the additional expenses borne by the consumer for availing the connected car service, threat of hackers breaching the security and accessing data or causing nuisance to the cars system, non-availability of uninterrupted & seamless connectivity and lack of awareness among consumers in certain regions. The information and data in the publication “Global Connected Car Market S ize, S hare, Development, Grow th and Demand Forecast to 2020” represent the research and analysis of data from various primary and secondary sources. A bottom-up approach has been used to calculate the global connected car market by geography, product & services, technology, connectivity solutions and application. P&S Market Research analysts and consultants interact with © P&S Market Research. All rights reserved 2

  3. Global Connected Car Market to Witness 27% CAGR during 2015 – 2020 leading companies of the concerned domain to substantiate every value of data presented in this report. The company bases its primary research on discussions with prominent professionals and analysts in the industry, which is followed by informed and detailed, online and offline research. Brow se Related R esearch at: https://www.psmarketresearch.com/industry-report/automotive- electronics Geographically, North America dominated the global connected car market in 2014; whereas the Asia-Pacific market is expected to witness the fastest growth of 29.9% CAGR, during the forecast period. Technology agreements and collaborations are the key strategies adopted by the market players to enhance their market share. For instance, AT&T is working with automotive manufacturers to provide contextual voice controls, which would help to create a safer driving experience. TomTom launched the online turn-by-turn navigation service for customers, making it feasible to connect over a network. The introduction of automobiles equipped with advanced connectivity options is expected to positively impact the growth of the global connected car market. The connected car market is consolidating with large number of collaborations taking place. The collaborations have enhanced the continuous product offerings in order to share the knowledge and technology at one platform. The key competitors in the global connected car market include Harman, AT&T Inc., TomTom, Telefonica, Verizon, Ford Motors Co., Mercedes Benz, BMW AG and Audi AG. Chapter 1. Research Scope & Methodology 1.1 Market Definition 1.2 Objectives 1.3 Market Scope 1.3.1 Market by technology 1.3.2 Market by connectivity solutions 1.3.3 Market by products & services 1.3.4 Market by application 1.3.5 Market by geography © P&S Market Research. All rights reserved 3

  4. Global Connected Car Market to Witness 27% CAGR during 2015 – 2020 1.4 Research Methodology and Sources Chapter 2. Executive Summary 2.1 Key Findings 2.2 Research Summary Chapter 3. Market Outlook 3.1 Introduction 3.2 Trends in the Connected Car Market 3.2.1 Increasing number of agreements 3.3 Opportunities in the Market 3.3.1 Massive unexplored Connected Car market across the globe 3.4 Factors Driving the Market and its Impact on Market Forecast 3.4.1 Increasing connectivity options and availability 3.4.2 Increasing usage of advance diagnostic and maintenance system 3.4.3 Increasing safety and security awareness 3.4.4 Increasing driving experience 3.5 Factors Hindering the Market and its Impact on Market Forecast 3.5.1 High capital expenditure and maintenance requirement 3.5.2 Privacy and security issues 3.5.3 Non availability of uninterrupted & seamless connectivity Chapter 4. Global Connected Car Market Size and Forecast (2011 – 2020) 4.1 Global Connected Car Market, by Technology 4.2 Global Connected Car Market, by Connectivity Solutions 4.3 Global Connected Car Market, by Product and Service 4.4 Global Connected Car Market, by Application 4.5 Global Connected Car Market, by Geography Chapter 5. Global Connected Car Market by Technology © P&S Market Research. All rights reserved 4

  5. Global Connected Car Market to Witness 27% CAGR during 2015 – 2020 5.1 4G/LTE Market 5.2 3G Market 5.3 2G Market Chapter 6. Global Connected Car Market by Connectivity Solution 6.1 Integrated Market 6.2 Embedded Market 6.3 Tethered Market Chapter 7. Global Connected Car Market by Application 7.1 Navigation Market 7.2 Telematics Market 7.3 Infotainment Market Chapter 8. Global Connected Car Market by Product & Service 8.1 Sensors Market 8.2 Processors Market 8.3 Fleet Manager 8.4 Wireless and cellular modules 8.5 OEM Services 8.6 Aftermarket Services Chapter 9. Connected Car Market, by Geography 9.1 North America Connected Car Market 9.1.1 North America Connected Car market, by technology 9.1.2 North America Connected Car market, by Connectivity Solutions 9.1.3 North America Connected Car market, application 9.1.4 North America Connected Car market, by product & services 9.2 Europe Connected Car Market 9.2.1 European Connected Car market, by technology © P&S Market Research. All rights reserved 5

  6. Global Connected Car Market to Witness 27% CAGR during 2015 – 2020 9.2.2 European Connected Car market, by Connectivity Solutions 9.2.3 European Connected Car market, application 9.2.4 European Connected Car market, by product & services 9.3 Asia-Pacific Connected Car Market 9.3.1 Asia-Pacific Connected Car market, by technology 9.3.2 Asia-Pacific Connected Car market, by Connectivity Solutions 9.3.3 Asia-Pacific Connected Car market, by application 9.3.4 Asia-Pacific Connected Car market, by product & services 9.4 LAMEA Connected Car Market 9.4.1 LAMEA Connected Car market, by technology 9.4.2 LAMEA Connected Car market, by Connectivity Solutions 9.4.3 LAMEA Connected Car market, application 9.4.4 LAMEA Connected Car market, by product & services Chapter 10. Competitive Analysis 10.1 Porter's Five Forces of Competitive Position Analysis 10.1.1 Bargaining power of suppliers 10.1.2 Bargaining power of buyers 10.1.3 Threat of new entrants 10.1.4 Intensity of rivalry 10.1.5 Threat of substitutes 10.2 Competitive Positioning of Key Players Chapter 11. Company Profiles and Strategic Developments 11.1 Key Company Profiles 11.1.1 Telefonica, S.A. 11.1.1.1 Business overview 11.1.1.2 Product and service offerings © P&S Market Research. All rights reserved 6

  7. Global Connected Car Market to Witness 27% CAGR during 2015 – 2020 11.1.2 Verizon Wireless 11.1.2.1 Business overview 11.1.2.2 Product and service offerings 11.1.3 Harman International Industries 11.1.3.1 Business overview 11.1.3.2 Product and service offerings 11.1.4 TomTom 11.1.4.1 Business overview 11.1.4.2 Product and service offerings 11.1.5 AT&T 11.1.5.1 Business overview 11.1.5.2 Product and service offerings 11.1.6 Vodafone Group Plc 11.1.6.1 Business overview 11.1.6.2 Product and service offerings 11.1.7 Ford Motors Co. 11.1.7.1 Business overview 11.1.7.2 Product and service offerings 11.1.8 BMW 11.1.8.1 Business overview 11.1.8.2 Product and service offerings 11.1.9 AUDI 11.1.9.1 Business overview 11.1.9.2 Product and service offerings 11.1.10 Mercedes-Benz 11.1.10.1 Business overview © P&S Market Research. All rights reserved 7

  8. Global Connected Car Market to Witness 27% CAGR during 2015 – 2020 11.1.10.2 Product and service offerings 11.2 Strategic Developments in the Global Connected Car Market 11.2.1 Mergers and acquisitions 11.2.2 Product launches 11.2.3 Partnerships/collaborations Chapter 12. Appendix 12.1 List of Abbreviations About P&S Market Research P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals. As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions. Contact: Kundan Manager – Client Partner 347, 5th Ave. #1402 New York City, NY - 10016 Toll-Free: +1-888-778-7886 (USA/Canada) Email: enquiry@psmarketresearch.com Web: https://www.psmarketresearch.com © P&S Market Research. All rights reserved 8

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