Albany, NY -- (SBWIRE) -- 07/21/2017 -- Connected cars enable drivers to connect with online platforms and obtain real-time communication such as real-time traffic updates during travel. Different factors such as rising demand for constant connectivity, increased dependence on technology, and the growing number of tech-savvy customers have fueled the growth of the connected car M2M connections and services market.
The connected car M2M services market in Western Europe to grow at a CAGR of 26.38% during the period 2016-2020. The report covers the present scenario and the growth prospects of the connected car machine-to-machine (M2M) connections and services market in Western Europe for 2016-2020. To calculate the market size, the report considers the revenue generated from OEM and aftermarket equipment.
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The market is divided into the following segments based on application:
- Driver assistance
- Safety and security
- Vehicle management
- On-drive management
- Other services
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Technavio's report, Connected Car M2M Connections and Services Market in WE 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.
- General Motors
- Deutsche TeleKom
Other prominent vendors
- Delphi Automotive
- Ford Motors
- Intelligent Mechatronic Systems (IMS)
- Mercedes-Benz Connect
- Parrot Automotive
- PSA Peugeot Citron
- Sierra Wireless
- Tech Mahindra
- Toyota Motors
- Enhanced safety and security features
- 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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