Albany, NY -- (SBWIRE) -- 05/02/2017 -- Connected cars enables drivers to connect with online platforms and obtain real-time communication such as real-time traffic updates during travel. The connected car market has been fueled by factors such as rising demand for constant connectivity, increased dependency on technology, and the growing number of tech-savvy customers.
Over the years, various connectivity solutions have been developed by automotive manufacturers and service providers such as M2M connectivity platform. The M2M feature in a car enables interconnectivity between two vehicles. Innumerable sensors and processors are integrated into the car provide accurate and real-time information of the surrounding environment to the car driver.

Technavios analysts forecast the connected car M2M connections and services market in SEA to grow at a CAGR of 34.27% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the connected car M2M connections and services market in SEA for 2016-2020. To calculate the market size, the report considers the following:
Service revenue generated from OEMs and aftermarket equipment only. It does not include OEMs hardware revenue and connected car sales revenue the revenue includes the per year service revenue of Audi connect, and not the device or module cost installed on the Audi vehicle
Revenue from safety and driver assistance, infotainment, vehicle management, insurance-based telematics, and others
Data analytic services and automotive application

The market is divided into the following segments based on geography:
Malaysia
Indonesia
Thailand
Philippines
Singapore
Vietnam

Technavio's report, Connected Car M2M Connections and Services Market in SEA 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Audi Connect
BMW
Delphi
Ford
Singtel
Toyota

Other prominent vendors
AT&T
BT
China Mobile
Datora Telecom
Deutsche Telekom
Ericsson
Everything Everywhere
KDDI
Orange
Sprint
Telefonica
Telenor
Vodacom
Vodafone
Airbiquity
Apple
Autonet Mobile
Axway
Broadcom
CalAmp
Daihatsu
Daimler
Garmin
Google
Harman International
HERE
Hyundai Motors
IBM
Intel
Intelligent Mechatronic Systems
Ituran
Luxoft Holdings
Mahindra
Masternaut
Microsoft
Nokia
Nuance Communications
OmniLink
Oracle
Porsche
Qualcomm
RACO Wireless
Selftrack
Sony
Tata Consultancy Services
Tech Mahindra
Telit Communications
Tesla Motors
TomTom
Transatel
Viper
Virdata
Volvo
Wireless Car
Zhejiang Geely
Zubie

Market driver
Safety and security awareness among drivers
For a full, detailed list, view our report

Market challenge
High cost of connected car M2M equipment and services
For a full, detailed list, view our report

Market trend
Deployment of V2X technologies in vehicles
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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