Boston, MA -- (SBWire) -- 02/25/2016 --India Connected Car Market.By Form Factor Connectivity (Embedded, Tethered, Integrated), Technology (LTE, 3G, HSPA+, Wi-Fi, Bluetooth), Application (Navigation, Telematics, Infotainment, Communication, E-Commerce, In City Transport Solutions)FORECAST & ANALYSIS (2015-2020)
The connected car market in India is expected to grow at a CAGR of 60.4% during the forecast period. The automotive industry is witnessing a new wave of technological revolution, which is boosting the idea of connected cars. Providing Internet accessibility in cars is imminent as consumers want an array of real-time services, such as on-demand infotainment and traffic navigation along with safety and security features. With the advancement in machine-to-machine communication, it is now possible to leverage telematics for processing a heap of data to assess risk and advantages for both - consumers and OEMs. The connected car market marks a revolutionary convergence of players across different stake holders, such as automotive OEMs, telecom operators,
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