Connected Car Market to See Major Growth by 2026 | Daimler AG, General Motors Company, Tesla, Google, Audi AG, Volvo Car Corporation, and More

13Nov - by sopan - 0 - In Business Top News

connected car market is projecting a rise in estimated value by 2026, registering a healthy CAGR of 16.5% in the forecast period of 2019-2026 due to increased demand for smartphone connectivity, growing government regulations and increasing concerns about safety. The report contains data of the base year 2018 and historic year 2017.

connected car market report presents the company profiles of the key vendors and comprehensively analyzes their core competencies to increase an adaptive perspective on the competitive scene and helps the readers to plan the strategies accordingly-: Daimler AG, General Motors Company, Tesla, Google, Audi AG, Volvo Car Corporation, Delphi Technologies, Vodafone Group,  AT&T Intellectual Property, DENSO CORPORATION, Robert Bosch GmbH, Airbiquity, Inc., WirelessCar, Ford Motor Company, Microsoft, Tata Consultancy Services Limited, TOYOTA MOTOR CORPORATION, Verizon, Intel Corporation and others.

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Global Connected Car Market By Service (Connected services, Safety and security, Autonomous driving), Network (Dedicated Short-Range Communications (DSRC), Cellular), Transponder (On-Board Unit (OBU), Roadside Unit (RSU)), Form (Embedded, Tethered, Integrated), Hardware (Smart antenna, Display, Electronic Control Unit (ECU), Sensors), End Market (Original Equipment Manufacturer (OEM), Aftermarket), Technology (2G, 3G, 4G/LTE), Application (Navigation, Infotainment, Telematics), – Industry Trends and Forecasts 2026

Market Dynamics Analysis-:

The connected car market report consists of the all the market drivers and restrains which are derived from SWOT analysis-:

Drivers:

  • To reduce the dependency on fossil fuels such as motor spirit would enhance the market
  • Change in government regulations and norms might accelerate the growth
  • Increase in the safety concerns act as a catalyst to market growth
  • Advancement in technology such as connectivity solutions by service providers and car manufacturers is driving  the market growth

Restraints:

  • Limitation in network coverage can restricts the market growth
  • Increase in cyber threat can act as a hindrance for the market growth
  • Lack of well-built of infrastructure particularly in developing countries may hamper the market growth

Territorial Market Analysis-:

The report further examines the market potential for various regions all over the globe thinking about macroeconomic parameters, buyers’ purchasing behaviors and demand and supply.

Geologically, this report is divided into a few key regions:

  • North America (United States, Canada and Mexico),
  • Europe (Germany, France, UK, Russia and Italy)
  • Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
  • South America (Brazil, Argentina, Colombia and so on.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Competitive Analysis:

Global connected car market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of connected car market for Global, Europe, North America, Asia Pacific and South America.

Major Highlights of TOC:

Chapter One: connected car market Industry Overview

1.1 connected car market Overview

1.1.1 Products of Major Companies

1.2 connected car market Segment

1.2.1 Industry Chain

1.2.2 Consumer Distribution

1.3 Price & Cost Overview

Chapter Two: connected car market Demand

2.1 Segment Overview

2.1.1 APPLICATION 1

2.1.2 APPLICATION 2

2.1.3 Other

2.2 connected car market Size by Demand

2.3 connected car market Forecast by Demand

Chapter Three: connected car market by Type

3.1 By Type

3.1.1 TYPE 1

3.1.2 TYPE 2

3.2 connected car market Size by Type

3.3 connected car market Forecast by Type

Chapter Four: Major Region of connected car market

4.1 By Sales

4.2 connected car market share

Chapter Five: Major Companies List

Chapter Six: Conclusion

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