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Connected Car Market Technology Progress Form 2018 to 2025

Connected car refers to a vehicle equipped with features to connect to internet or wireless local area network, which can be used for sharing of data with other devices and vehicles. Moreover, special technologies for internet access are integrated in the car to provide additional benefits such as navigation, vehicle diagnosis, mobility management, and others.

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Connected Car Market Technology Progress Form 2018 to 2025

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 Connected Car Market is Expected to Reach $225,158.0 Million by 2025 Global Opportunity Analysis and Industry Forecast, 2016-2023 Pages: 316 Tables: 131 Charts: 82

  2.  CONNECTED CAR MARKET Global Connected Car Marketby Technology, Connectivity Solutions, Services, and End Market: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global connected car market was valued at $63,026.0 million in 2017, and is projected to reach $225,158.0 million by 2025, registering a CAGR of 17.1% from 2018 to 2025. At present, North America dominates the market, followed by Europe, Asia-Pacific, and LAMEA. U.S. dominated the global connected car market in 2017, whereas Mexico is expected to grow at a significant growth rate in North America during the forecast period. Moreover, rise in trend of connectivity solutions and ease of vehicle diagnosis are expected to boost the growth of the market. In addition, increase in need of safety & security fuels the market growth. However, threat of data hacking, high installation cost, and unavailability of uninterrupted & seamless connectivity are the critical factors that restrict the growth of this market.

  3.  CONNECTED CAR MARKET The top impacting factor of report rise in trend of connectivity solutions, ease of vehicle diagnosis, threat of data hacking and intelligent transportation system. Factors such as rise in trend of connectivity solutions and ease of vehicle diagnosis fuel the growth of the connected cars market. In addition, increase in need for safety & security boosts the market growth. However, threat of data hacking and high installation cost hinder the market growth. Moreover, unavailability of uninterrupted & seamless connectivity restricts the growth of the market. Conversely, integration of intelligent transportation system in connected cars and improved performance of autonomous vehicles are anticipated to provide remunerative opportunities for the market expansion. Download Sample Copy of Report: https://www.alliedmarketresearch.com/request-sample/153

  4.  CONNECTED CAR MARKET • Key Findings of the Global Connected Car Market: • The 3G segment in technology generated the highest revenue in 2017. • In 2017, the integrated segment was the highest revenue contributor in the connectivity solutions category. • By service, the safety segment generated the highest revenue in 2017. • In 2017, the OEM segment was the highest revenue contributor in the end market category. • Europe is anticipated to exhibit the highest CAGR during the forecast period. • In 2017, North America contributed the highest market revenue, followed by Europe, Asia-Pacific, and LAMEA.

  5.  CONNECTED CAR MARKET

  6.  CONNECTED CAR MARKET

  7.  CONNECTED CAR MARKET • Key Players • Telefonica • Verizon Wireless • HARMAN International • TomTom International BV • AT&T Intellectual Property • Vodafone Group • Ford Motor Company • BMW AG, AUDI AG • Mercedes-Benz • Enquiry and Purchase Report: https://www.alliedmarketresearch.com/purchase-enquiry/153

  8.  CONNECTED CAR MARKET • Contact: • David Correa • 5933 NE Win Sivers Drive • #205, Portland, OR 97220 • United States • Toll Free (USA/Canada): • +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 • UK: +44-845-528-1300 • Hong Kong: +852-301-84916 • India (Pune): +91-20-66346060 • Fax: +1⟨855⟩550-5975 • help@alliedmarketresearch.com • Web: https://www.alliedmarketresearch.com

  9.  CONNECTED CAR MARKET Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/connected-car-market Follow Us On

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