Connected Car Market Current and Future Demand | Daimler AG, General Motors Company, Tesla and More

The MarketWatch News Department was not involved in the creation of this content. Nov 05, 2020 (CDN Newswire via Comtex) — Data Bridge Market Research has recently added a concise research on the Global Connected Car Market to depict valuable insights related to significant market trends driving the industry. A […]

The MarketWatch News Department was not involved in the creation of this content.

Nov 05, 2020 (CDN Newswire via Comtex) —
Data Bridge Market Research has recently added a concise research on the Global Connected Car Market to depict valuable insights related to significant market trends driving the industry. A market research analysis and estimations carried out in the credible Connected Car Market research report guides businesses in gaining knowledge about what is already there in the market, what market looks forward to, the competitive background and steps to be followed for outdoing the rivals. The report is bifurcated into several attributes which include manufacturers, region, type, application, market status, market share, growth rate, future trends, market drivers, opportunities, challenges, emerging trends, risks, entry barriers, sales channels, and distributors which are again detailed in the report as required to describe the topic and provide maximum information for better decision making. Effortlessness maintained in research method and application of best tools and techniques makes Connected Car Market report an exceptional one.

Few of the major competitors currently working global connected car market are Daimler AG, General Motors Company, Tesla, Google, Audi AG, Volvo Car Corporation, Delphi Technologies, Vodafone Group, AT&T Intellectual Property, DENSO CORPORATION, Robert Bosch GmbH, Airbiquity, Inc., WirelessCar, Ford Motor Company, Microsoft, Tata Consultancy Services Limited, TOYOTA MOTOR CORPORATION, Verizon, Intel Corporation and others.

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Market Analysis: Global connected car market is projecting a rise in estimated value by 2026, registering a healthy CAGR of 16.5% in the forecast period of 2019-2026 due to increased demand for smartphone connectivity, growing government regulations and increasing concerns about safety. The report contains data of the base year 2018 and historic year 2017.

The market data analysed and evaluated in the world class Connected Car Marketreport makes to achieve the business goals and objectives in present time frame. This market research report endows with productive ideas which in turn help to make the product more effective and striking in the competitive market. This report covers the specific study of the industry which explains what the market definition, classifications, applications, engagements, and global industry trends are. The Connected Car Market research report takes into account key product developments and tracks recent acquisitions, mergers and research in the industry by the key market players.

Focus of the report:

The report focuses to provide all the insights of the Connected Car Market along with all CAGR values and the market shares analysis of all the players in the market. The report is a vital piece of information on the market which explains all the competitive landscape and all the segments in the market while analyzing and forecasting the Connected Car Market for the coming years. The report also provides all details in terms of recent developments in the market and all the manufacturers.

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Global connected car market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of connected car market for Global, Europe, North America, Asia Pacific and South America.

Connected Car Market Drivers, Restraints and Key Developments:

  • To reduce the dependency on fossil fuels such as motor spirit would enhance the market

  • Limitation in network coverage can restricts the market growth

  • In April 2019, Lear Corporation, which is leader in global automotive technology, announced to acquire Xevo. This acquisition aims to bring together Xevo’s leading e-commerce vehicle platform technology with Lear’s expertise in electronic systems. Lear Corporation focuses to broaden its connectivity portfolio. The acquisition would result in enhancement in Lear Corporation’s software, services and strengthen its position in connectivity market

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Global Connected Car Market By Service (Connected services, Safety and security, Autonomous driving), Network (Dedicated Short-Range Communications (DSRC), Cellular), Transponder (On-Board Unit (OBU), Roadside Unit (RSU)), Form (Embedded, Tethered, Integrated), Hardware (Smart antenna, Display, Electronic Control Unit (ECU), Sensors), End Market (Original Equipment Manufacturer (OEM), Aftermarket), Technology (2G, 3G, 4G/LTE), Application (Navigation, Infotainment, Telematics), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026 – Industry Trends and Forecasts 2026

Reasons to Purchase this Report:

  • Current and future of global Connected Car Market outlook in the developed and emerging markets

  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period

  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level

  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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About Data Bridge Market Research:

Data Bridge Market Research is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude.

We are content with our glorious 99.9 % client satisfying rate.

Contact Us:

Data Bridge Market Research

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UK: +44 208 089 1725

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Mail: [email protected]

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Source Article

Dannielle Weintraub

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