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Connected Car M2M Connections and Services Market in the US to Grow at a CAGR of 28.62% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Connected Car M2M Connections and Services Market in the US 2016 - 2020” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 07/18/2016 -- Report forecast the connected car M2M connections and services market in the US to grow at a CAGR of 28.62% during the period 2016-2020.

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, automotive manufacturers and service providers have been developing connectivity solutions such as M2M connectivity platforms. M2M connectivity enables the interconnectivity between two vehicles. Innumerable sensors and processors integrated into a car provide accurate and real-time information about the surrounding environment to the driver.

The report covers the present scenario and the growth prospects of the connected car M2M connections and services market in the US for 2016-2020.

To calculate the market size, the report considers the following:
- Service revenue generated from OEMs and aftermarket equipment; for instance, the revenue includes the per year service revenue of Audi connect, not the device or module cost installed in the vehicle
- Revenue from infotainment, navigation, and telematics services; other services include vehicle management, on-drive management, safety and security, and driver assistance.
- Data analytic services and automotive apps

The market is divided into the following segments based on application:
- Security and safety
- Driver assistance
- Infotainment
- Vehicle Management
- Insurance-based telematics
- Others

Connected Car M2M Connections and Services Market in US 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
- Gemalto
- BMW
- General Motors
- Sierra Wireless
- Verizon Telematics

Other prominent vendors
- Aeris
- Airbiquity
- Alcatel-Lucent
- Apple
- AT&T
- Autonet Mobile
- Axway
- Bell Mobility
- Broadcom
- CalAmp
- Daimler
- Ericsson
- Ford Motors
- Google
- Harman International
- HERE
- Hyundai Motors
- IBM
- Intel
- Intelligent Mechatronic Systems (IMS)
- Mercedes-Benz Connect
- Microsoft
- Parrot Automotive
- PSA Peugeot Citro├źn
- Qualcomm
- Tech Mahindra
- Toyota Motors
- Volkswagen
- Wipro

Market driver
- Growth in embedded telematics solutions
- 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 technology 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?

Spanning over 64 pages and 25 Exhibit "Connected Car M2M Connections and Services Market in the US 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Market segmentation by connections unit, Market segmentation by usage, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/connected-car-m2m-connections-and-services-market-us-2016-2020

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