Connected Car Market Top Trends And Statistics

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Connected Car Market - Global Forecast to 2025
www.MarketsandMarkets.com
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Connected Car Market by Service (Connected
Services, Safety Security, and Autonomous
Driving), Form (Embedded, Tethered, and
Integrated), Network (DSRC, and Cellular), End
Market, Transponder, Hardware, and Region -
Global Forecast to 2025 Increase in industry
compliance norms and government mandates
supporting connected technology in passenger
cars, and increase in demand for safer, more
efficient, and convenient driving experience
through connected services are the key drivers
for the connected car market. PDF Brochure _at_
https//www.marketsandmarkets.com/pdfdownload.asp?
id102580117

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Connected services segment is expected to hold
the largest market share during the forecast
period The new vehicle safety norms are
encouraging automakers to secure vehicle data
from remote hacking and malfunctioning, which in
turn is increasing the demand for connected cars.
On the other hand, customers are demanding more
convenient features, such as navigation, remote
diagnostic, multimedia media streaming, and auto
pilot, as a standard in every vehicle.
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ECU for connected cars is expected to be the
largest segment by hardware from 2017 to
2025 The ECU segment is expected to hold the
largest share in the hardware segment of the
connected car market. The segment is projected to
grow at a significant CAGR and is expected to
remain the largest market during the forecast
period. The growth of connected car ECU is driven
by the increasing generation of data by various
sensors and other hardware components. The
consolidation of multiple ECUs into a single
entity is going to be the major challenge for
connected car ECU segment globally. RequestSampl
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Asia Pacific is expected to be the largest
market for connected cars during the forecast
period The Asia Pacific region is projected to
be the largest market for connected cars from
2017 to 2025. The market growth in the region can
be attributed to various factors, such as
increasing connected car devices in passenger
cars, and increase in digital services such as
cybersecurity and updates. Furthermore, strategic
alliances between automotive and non-automotive
companies, exceptional communication
infrastructure, and government regulations for
vehicle data security are expected to fuel the
demand for connected cars.
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Market Ecosystem The ecosystem of the
connected car market consists of manufacturers,
such as Continental (Germany), Delphi (UK), Bosch
(Germany), Denso (Japan), and Harman (US), and
research institutes such as JAMA, EAMA, CAA, and
KAMA.
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Browse gtgt 118 market data
tables 61 figures
174 pages and in-depth TOC on
Connected Car Market Global Forecast to
2025 Early buyers will receive 10
customization on this report. This is a Premium
Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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