Connected cars services like remote diagnosis, route navigation, infotainment, usage-based insurance and autonomous driving are a by-product of Big data and high-speed internet connectivity. Advanced automatic electronics technology is soon becoming a norm in the cars for speed monitoring, real-time communication, enhanced road safety and comfort while on the drive. Other devices based on Internet of Things(IoT) are augmenting further telematics and automotive digital tools improvements. Increase in regulatory norms for road safety, trending preferences for connectivity solutions, the comfort of vehicle diagnosis contributes to other factors fuelling the growth of connected car market.
The global connected car market is estimated to value over US $215 billion by 2026 end, registering a boosted CAGR of 13.4% during 2019-2026.
Global Connected Car Market Restraints
• Lack of investments for advanced data analytics and AI algorithms
• High cost involved in connected car hardware
• Rising data theft and vulnerability of connected cars hacking threat
• Ubiquitous availability of uninterrupted high-speed connectivity
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Global Connected Car Market, by Technology
+ 3G
+ 4G/LTE
+ 5G
Global Connected Car Market, by Connectivity Solutions
+ Integrated
+ Embedded
+ Tethered
The advent of broadband connectivity on mobile devices opened the tremendous potential for integrated connectivity solutions using human-machine interface in cars. Integrated connectivity solution is anticipated to occupy half of the market segmentation amongst both embedded and tethered segment during the forecast period. Embedded connectivity solution is forecasted to soon map the CAGR of the integrated connectivity solutions segment in succeeding years.
Global Connected Car Market, Service
+ Driver Assistance
+ Safety and Security
+ Well-being
+ Entertainment
+ Mobility Management
+ Vehicle Management

Global Connected Car Market, End Market
+ OEM
+ Aftermarket
Global Connected Car Market, by Region
+ North America
+ Latin America
+ Europe
+ Asia Pacific
+ Rest of the World
Based on the market maturity north America leads the overall global connected car market with premier revenue generation. A surge in the deployment of connected cars in the APAC region, particularly in China, is estimated to attribute the market expansion at an impressive CAGR.
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Competitive Landscape:
+ Tier 1 players- established companies in the market with a major market share
+ Tier 2 players
+ Emerging players which are growing rapidly
+ New Entrants
FutureWise Key Takeaways:
+ Growth prospects
+ SWOT analysis
+ Key trends
+ Key data-points affecting market growth
Objectives of the Study:
+ To provide an exhaustive analysis of the global connected cars market on the basis of technology, connectivity solutions, service, end market, and regions
+ To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
+ To evaluate and forecast micro-markets and the overall market
+ To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
+ To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
+ Profiling of companies to evaluate their market shares, strategies, financials and core competencies
Table of Contents
Introduction
Report description
Key benefits for stakeholders
Key market segments
Research methodology
• Primary research
• Secondary research
EXECUTIVE SUMMARY
MARKET OVERVIEW
• Market definition and scope
• Key findings
• Market share analysis (2019)
• Market dynamics
• Drivers
• Restraints
• Opportunities
Connected Car Market, By Technology
• Overview
• 3G
• Market analysis by country
• 4G/LTE
• 5G
Connected Car Market, By Connectivity Solutions
• Overview
• Integrated
• Embedded
• Tethered

Connected Car Market, By Services
• Overview
• Driver assistance
• Safety
• Entertainment
• Well-being
• Vehicle management
• Mobility management
Connected Car Market, By End Market
• Overview
• OEM
• Aftermarket
Connected Car Market, By Region
• Overview
• North America
• U.S.
• Canada
• Mexico
• Europe
• U.K.
• Germany
• France
• Russia
• Italy
• Rest of Europe
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
• Market size and forecast, by technology
• LAMEA
Company Profiles
• AT&T Inc
• Audi AG
• BMW Group
• Daimler AG (Mercedes-Benz)
• Ford Motor Company
• Samsung Electronics Co. Ltd. (Harman International Industries, Inc.)
• Telefonica, S.A.
• TomTom International N.V.
• Verizon Communications Inc.
• Vodafone Group Plc
Inquire further details about this report at: [email protected]

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