Safe and comfortable driving experience being the most important features of a connected cars contribute equally to the key factors influencing the growth of connected car services market. Over a last few years, technological advancements have remarkably altered the way people traveling. It has been observed that completion has been started to build a fully connected cars is on the way. It is anticipated that till the year 2020 more than half of the cars will be connected through advanced technologies.
Scope of the Report:This report studies the Connected Car Services market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Connected Car Services market by product type and applications/end industries.
Making the driving safer, more comfortable and more efficient is the main driver of the connected car services market. To achieve this, vehicles must intercommunicate with the traffic infrastructure, with other vehicles and with the mobile devices of the driver. Along the Connected-Car economic value chain Vehicle-OEMs, App developer, infotainment providers as well as content and service provide with a luxurious driving experience. Now this being the most important reason is definitely the key factor to driving the connected car services market. The more technologically advanced connected car advanced connected car services which increase the demand for connected car services in the market. Therefore, companies are majorly providing connected car services services are bound to gather more demand in the market.
The global Connected Car Services market is valued at xx million USD in 2020 and is expected to reach xx million USD by the end of 2026, growing at a CAGR of xx% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Connected Car Services.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers Tech Mahindra
Accenture
Cisco Systems
LogiSense
Nokia
ESG Automotive
Apple
Microsoft
Google
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Telematics
Infotainment
Market Segment by Applications, can be divided into Private Car
Commerce Car
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.