Boston, MA -- (SBWIRE) -- 02/07/2017 -- The OEM segment of the global connected car market has many vendors. The aftermarket segment of the market has intense competition, which is expected to intensify during the forecast period as a result of product extensions and technological innovations. Many international players are expected to grow organically during the forecast period by expanding customer base and creating differentiated product through partnership with technology companies.

Technavio's analysts forecast the global connected car market 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 global connected car market for 2016-2020. To calculate the market size, the report considers the revenue generated from the connected car technologies across all regions.

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

-Americas
-APAC
-EMEA

Technavio's report, Global Connected Car Market 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.

Get More Details on this Report and a Full Table of Contents at Global Connected Car Market 2016-2020

Key vendors

-Alpine Electronics
-BMW
-Delphi Automotive
-Ford Motor
-NXP Semiconductors

Other prominent vendors

-Audi
-Bosch
-Continental
-Google
-Mercedes-Benz

Market driver

-Automotive OEM push for embedded connectivity in BRIC nations to drive revenue growth.
-For a full, detailed list, view our report

Market challenge

-Potential security breach may impact technology adoption.
-For a full, detailed list, view our report

Market trend

-Shared data plans to reduce the number of data subscriptions per user.
-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: Alpine Electronics, BMW, Delphi Automotive, Ford Motor, NXP Semiconductors, Audi, Bosch, Continental, Google, Mercedes-Benz

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