Market Reserch report on Connected Car Market/Car Internet Market

  • Published on
    27-Mar-2016

  • View
    216

  • Download
    4

DESCRIPTION

According to a new market research report "Connected Car Market (2013-2018): By Connectivity Technology (LTE, Wi-Fi, 3G, HSPA); Form Factor (Tethered, Embedded, Integrated); Product and Service (OEM and Aftermarket), Application (Navigation, Telematics, Infotainment) and Geography" published by MarketsandMarkets the total market is expected to reach total shipments of 59.86 million units by 2018, growing at an estimated CAGR of 41.2% from 2013 to 2018.

Transcript

  • Connected Car Market/Car Internet Market worth $98.42 Billion -

    2018

    According to a new market research report "Connected Car Market (2013-2018): By

    Connectivity Technology (LTE, Wi-Fi, 3G, HSPA); Form Factor (Tethered, Embedded,

    Integrated); Product and Service (OEM and Aftermarket), Application (Navigation,

    Telematics, Infotainment) and Geography" published by MarketsandMarkets the total market

    is expected to reach total shipments of 59.86 million units by 2018, growing at an estimated

    CAGR of 41.2% from 2013 to 2018.

    Browse 124 market data tables and 72 figures spread through 314 pages and in-depth TOC on

    Connected Car Market (2013-2018): By Connectivity Technology (LTE, Wi-Fi, 3G, HSPA); Form Factor (Tethered, Embedded, Integrated); Product & Service (OEM & Aftermarket),

    Application (Navigation, Telematics, Infotainment) & Geography. http://www.marketsandmarkets.com/Market-Reports/connected-cars-market-595.html

    Early buyers will receive 10% customization on reports.

    Connected Car Market Revenue, By Geography 2012 -2018

    Source: MarketsandMarkets Analysis

  • Thanks to the rapid technological advancements in network and mobile technology such as LTE,

    Wi-Fi, providing Internet in car has caught up as an emerging trend in the automotive industry.

    Connectivity in car is increasingly becoming a must-have feature and key driver to the industry.

    Consumers demands and mandates (both - existing and expected) are the prime drivers. Most of the major economies have already introduced one mandate or the other such as eCall in Europe

    and GLONASS in Russia. No wonder most of the industry experts opine that the connected car

    is all set to be the next big thing in the automotive industry. Future generations will rely more on

    cloud-based backend systems for content, information, and services. This turning of car into a

    huge data repository will open new avenues of business opportunities for service industries such

    as insurance and content providers such as Spotify (U.K.).

    The major companies include General Motors (U.S.), BMW (Germany), Ford (U.S.), Audi

    (Germany), Diamler AG (Germany), Harman International (U.S.), TomTom (The Netherlands),

    Luxoft (Russia), Sierra Wireless (U.S.), Apple Inc (U.S.), AT&T (U.S.), Alcatel Lucent (U.S.),

    Verizon (U.S.), and China Mobile (China), Microsoft (U.S.), QNX Software (U.S.), Delphi

    Automotive (U.S.), and Intel Inc. (U.S.) among others.

    This report describes the market trends, drivers, and challenges with respect to the connected car

    market and forecasts the market to 2018, based on connectivity technology, form factors,

    products and services, applications, and geography. This report covers geographies like the

    North America, Europe, APAC, and ROW (Rest of the World). North America is the largest

    geography in terms of connected car unit shipments and market revenue. APAC has been

    identified as the fastest growing region, with China leading the way. Europe and ROW also

    sound promising, with Brazil, Germany, and Russia providing impetus to the growth. The report

    profiles 26 promising players in the connected car market ecosystem.

    The competitive landscape of the market presents a very interesting picture, where large number

    of small players has become a force to reckon with. The market is witnessing large scale

    collaboration and partnership across the value chain apart from numerous consortiums being

    formed.

    About MarketsandMarkets

    MarketsandMarkets is a global market research and consulting company based in the U.S. We

    publish strategically analyzed market research reports and serve as a business intelligence partner

    to Fortune 500 companies across the world.

    MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom

    research services. M&M covers thirteen industry verticals, including advanced materials,

    automotives and transportation, banking and financial services, biotechnology, chemicals,

    consumer goods, energy and power, food and beverages, industrial automation, medical devices,

    pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

  • We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight

    with our huge market intelligence repository.

    Contact:

    Mr. Rohan North - Dominion Plaza,

    17304 Preston Road,

    Suite 800, Dallas, TX 75252

    Tel: +1-888-6006-441

    Email: sales@marketsandmarkets.com