The global connected mobility solutions market is expected to witness a massive growth during the forthcoming years owing to the increasing demand for cloud-based connected solutions in the automotive sector and the expanding demand of connected and autonomous vehicles. The market has gained a considerable acceleration due to the deployment of Internet of Things in connected mobility solution and development of smart city projects across the world.
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Some of the prominent players in the global connected mobility solutions market are Mitsubishi Motors Corporation (Japan), Robert Bosch GmbH (Germany), Siemens AG (Germany), Cisco System Inc (U.S.), Nokia Networks (Finland), Molex Incorporated (U.S.), Deutsche Telekom AG (Germany), HUBER+SUHNER (Switzerland), NXP Semiconductors N.V. (Netherlands) among others.
Segmentation of Global Connected Mobility Solutions Market:
The global connected mobility solutions market is segmented by technology, application, connectivity, and region. By technology, the market is segmented into Wi-Fi, Bluetooth, 4G/LTE and 5G. Based on the applications, the market is segmented into navigation and telematics. The navigation further includes road and vehicle monitoring and real-time data capturing and management, while telematics includes in-car, car-to-car and car-to-infrastructure. Based on the connectivity, the market is segmented into tethered connectivity, integrated connectivity, and embedded connectivity. The market is covered across regions including North America, Europe, Asia Pacific, and Rest of the World.
The global Connected Mobility Solutions Market is studied for Asia Pacific, North America, Europe, and Rest of the World. North America is estimated to account for the largest share of the market and is also expected to grow with the fastest rate during the forecast period. The growth of the market in North America is attributable to the increasing adoption of the internet of things in this region. Also, Automobile companies in the U.S. and Canada are discovering new technologies to eliminate the accidents and give safe journey experience. Europe connected mobility market is gaining momentum due to the increasing demand for connected mobility solutions in the automotive sector. Whereas, in Asia Pacific countries including China, Japan, and India among others, the market is also growing exponentially due to increasing adoption of smart and electric vehicles among people. China is the leading economy showing major growth in connected mobility market as customers now prefer to own a vehicle with better-connected technology.
February 2018: Robert Bosch GmbH, a leading German engineering company, launched a new connected mobility solutions unit that develops and deploys digital mobility services. The company is expecting that there will be 470 million connected vehicles on the world’s roads by 2025. The company is planning to extend their connected mobility services via ride sharing, which includes online services and apps for carpools as well as for arranging driving services and taxis. Also, these mobility services include features such as the system-generated alerts about wrong-way drivers and remote monitoring and control via smartphones.
March 2018: BMW Group entered into partnership agreement with Daimler AG, to merge their mobility services business units to provide combined mobility services. These companies are expanding their existing on-demand mobility offerings such as parking, charging, car sharing, ride-hailing, and multi-modality.
On, March 2018: Toyota Motor Corporation entered into a partnership with Avis Budget Group, a leading global provider of mobility solutions, to add 10,000 Toyota vehicles to expand their fleet services of connected cars and to deliver new connected mobility services that create a new value for businesses and customers. The connected mobility services enhance connectivity and visibility into their fleet and convenience to the people.
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Consulting Service Providers
Connected mobility solutions Solution Providers
Cloud Service Providers
Connected mobility solutions Providers
Universities and research organizations
Investors and venture capitalists
Table of Content
1 Executive Summary
2 Market Introduction
2.2 Scope of The Study
2.3 List of Assumptions
2.4 Market Structure
3 Market Insights
4 Research Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
4.5 Forecast Model
List of Tables
Table 1 Global Connected Mobility Solutions Market: By Region, 2017-2023
Table 2 North America Connected Mobility Solutions Market: By Country, 2017-2023
Table 3 Europe Connected Mobility Solutions Market: By Country, 2017-2023
Table 4 Asia Pacific Connected Mobility Solutions Market: By Country, 2017-2023
Table 5 The Middle East & Africa Connected Mobility Solutions Market: By Country, 2017-2023
List of Figures
Figure 1 Global Connected Mobility Solutions Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis of Global Connected Mobility Solutions Market
Figure 4 Value Chain of Global Connected Mobility Solutions Market
Figure 5 Share of Global Connected Mobility Solutions Market In 2017, By Country (In %)
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