Boston, MA -- (SBWIRE) -- 07/11/2016 -- A connected car ecosystem comprises of many players such as telecommunications providers, third-party app vendors, connected car manufacturers, device manufacturers, operating system (OS) and platform providers, analytics providers, and aftermarket telematics providers. These players are forging partnerships to provide connected car M2M services to consumers at competitive prices.

Connected technology enables drivers to access accurate and updated travel information on route options and learn about the possible cost and environmental impact of those options. For optimal fuel efficiency, vehicles can communicate with traffic signals to eliminate avoidable stops.

Technavio's analysts forecast the connected car M2M services market in the UK to grow at a CAGR of 32.26% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the connected car M2M services market in the UK for 2016-2020. To calculate the market size, Technavio considers service revenue generated from OEM and aftermarket equipment and from infotainment, navigation, and telematics services.

Get More Details on this Report and a Full Table of Contents at Connected Car M2M Connections and Services Market in UK 2016-2020

The market is divided into the following segments based on usage:

-OEM
-Aftermarket

Technavio's report, Connected Car M2M Connections and Services Market in UK 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
-British Telecom
-Gemalto
-GM

Other prominent vendors

-Delphi Automotive
-Ford Motors
-IBM
-IMS
-Mercedes-Benz Connect
-Parrot Automotive
-PSA Peugeot Citroen
-Qualcomm
-Sierra Wireless
-Tech Mahindra
-Toyota Motors
-Volkswagen
-Wipro
-Verizon Enterprise Solutions

Market driver

-Awareness of safety and security among drivers
-For a full, detailed list, view our report

Market challenge

-High cost of connected car M2M connections 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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Audi, BMW, British Telecom, Gemalto, GM, Delphi Automotive, Ford Motors, IBM, IMS, Mercedes-Benz Connect, Parrot Automotive, PSA Peugeot Citroen, Qualcomm, Sierra Wireless, Tech Mahindra, Toyota Motors, Volkswagen, Wipro, and Verizon Enterprise Solutions

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