Connected Car Market Forecast $98.42 Billion - 2018

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MarketsandMarkets Presents
Connected Car Market Forecast up to 98.42
Billion in 2018
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nnected-cars-market-595.html
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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 gtgt 124
market data tables 72
figures 314 pages and
in-depth TOC on Connected Car Market
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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.).
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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.), ATT (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.
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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.
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nnected-cars-market-595.html
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