The report on the Global Connected Car Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2021 to 2027. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
A connected car is a car that is provided with internet access and is connected to the local area network (LAN). The connected car helps to facilitate the real time connection between the driver and the passengers. It also helps in real-time monitoring of the vehicle’s status and operation, tracking of the vehicle in the event of road mishaps and optimization of routes and driving expenses.
The connected car market is segmented according to applications as vehicle management, driver assistance, mobility management, safety, entertainment and others. Safety applications segment has the greatest market share and is expected to grow during the forecast period. The safety technologies such as danger automatic emergency calling, anti-collision systems, warning systems and blind spot alerts has made modern cars safer. Thus, they help in road safety and reduction of overall accidents. Driver assistance systems are expected to grow during the forecast period.
The key drivers for connected car market are the growing number of tech-savvy population, dependence on technology and constant need for connectivity. The increasing regulations by governments for the installation of advanced safety and vehicle management systems is expected to fuel the growth of the market. The key constraints in this market are product innovations and high cost of manufacturing.
Europe is the leading producer in connected car market, followed by North America and Asia-Pacific. Asia-Pacific region is expected to grow during the forecast period due to the increasing automobile demand and relatively untapped market for high-end automotive communications. The major players in this market are Alcatel-Lucent, Apple, Audi, AT&T, Ford, Delphi, General Motors, Google, Honda, Sierra Wireless and NXP Semiconductors.
The report also covers the complete competitive landscape of the global Connected Car market with company profiles of key players such as:
- Apple
- Audi
- AT&T
- Delphi
- Google
- Honda
- Sierra Wireless
- NXP Semiconductors
SEGMENTATIONS IN REPORT:
Connected Car By Application
- Vehicle Management
- Driver Assistance
- Mobility Management
- Safety
- Entertainment
- Others
Connected Car By Geography:
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Connected Car Market has been exhibited in detail in the following chapters -
Chapter 1 Connected Car Market Preface
Chapter 2 Executive Summary
Chapter 3 Connected Car Industry Analysis
Chapter 4 Connected Car Market Value Chain Analysis
Chapter 5 Connected Car Market Analysis By Applications
Chapter 6 Connected Car Market Analysis By Geography
Chapter 7 Competitive Landscape Of Connected Car Companies
Chapter 8 Company Profiles Of Connected Car Industry