Navigation Links
Connected Car Market to Hit $98.42 Billion by 2018 - New Report by MarketsandMarkets
Date:5/12/2013

(PRWEB) May 12, 2013

According to a new market research report "Connected Car Market (2013-2018): By Connectivity Technology (LTE, Wi-Fi, 3G, HSPA); Form Factor (Tethered, Embedded, Integrated); Product and Service (OEM and Aftermarket), Application (Navigation, Telematics, Infotainment) and Geography" published by MarketsandMarkets the total market is expected to reach total shipments of 59.86 million units by 2018, growing at an estimated CAGR of 41.2% from 2013 to 2018.

Browse

  • 124 Market Data Tables
  • 72 Figures
  • 314 Pages and an in-depth Table of Content on “Connected Car Market"

http://www.marketsandmarkets.com/Market-Reports/connected-cars-market-595.html

Early buyers will receive 10% customization on this report.

Thanks to the rapid technological advancements in network and mobile technology such as LTE, Wi-Fi, providing Internet in car has caught up as an emerging trend in the automotive industry. Connectivity in car is increasingly becoming a must-have feature and key driver to the industry. Consumers’ demands and mandates (both - existing and expected) are the prime drivers.

Most of the major economies have already introduced one mandate or the other such as eCall in Europe and GLONASS in Russia. No wonder most of the industry experts opine that the connected car is all set to be the next big thing in the automotive industry. Future generations will rely more on cloud-based backend systems for content, information, and services. This turning of car into a huge data repository will open new avenues of business opportunities for service industries such as insurance and content providers such as Spotify (U.K.).

The major companies include General Motors (U.S.), BMW (Germany), Ford (U.S.), Audi (Germany), Diamler AG (Germany), Harman International (U.S.), TomTom (The Netherlands), Luxoft (Russia), Sierra Wireless (U.S.), Apple Inc (U.S.), AT&T (U.S.), Alcatel Lucent (U.S.), Verizon (U.S.), and China Mobile (China), Microsoft (U.S.), QNX Software (U.S.), Delphi Automotive (U.S.), and Intel Inc. (U.S.) among others.

This report describes the market trends, drivers, and challenges with respect to the connected car market and forecasts the market to 2018, based on connectivity technology, form factors, products and services, applications, and geography.

The report covers geographies like

  • North America
  • Europe
  • Asia Pacific, and
  • ROW (Rest of the World).

North America is the largest geography in terms of connected car unit shipments and market revenue. Asia Pacific has been identified as the fastest growing region, with China leading the way. Europe and ROW also sound promising, with Brazil, Germany, and Russia providing impetus to the growth. The report profiles 26 promising players in the connected car market ecosystem.

The competitive landscape of the market presents a very interesting picture, where large number of small players has become a force to reckon with. The market is witnessing large scale collaboration and partnership across the value chain apart from numerous consortiums being formed.

Buy a copy of this report at http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=595

Browse Relate Reports to - Semiconductor & Electronics Market

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales(at)marketsandmarkets(dot)com
Connect with us on LinkedIn
Connect with us on Facebook

Read the full story at http://www.prweb.com/releases/connected-car/market/prweb10724863.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Well-connected brains make you smarter in older age
2. More People Stay Connected on Vacation Via Web: Study
3. Multifocal/multicentric breast cancer connected to a patients risk of local recurrence
4. Doctors Feel Less Connected to Obese Patients, Study Suggests
5. Majority of states fail to address youth exposure to alcohol marketing
6. Article Marketing Company Content Writing King Announces Training Of New Graphic Design Artist
7. Beef & Pork Wholesaling in the US Industry Market Research Report Now Available from IBISWorld
8. New Report Video Surveillance Market (2011 – 2016) by MarketsandMarkets
9. Dotcomsecrets is Offering New Opportunities to People Who Want to Become Expert in Localized Internet Marketing
10. 101 Mobility Opens Franchise in Roanoke/Lynchburg Market
11. How MyTownInsurance.com Helps Insurance Carriers Manage their Loss Exposure through On-Line Marketing
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/29/2016)... Texas (PRWEB) , ... April 29, 2016 , ... Spine ... neck pain, is proud to announce one of their physicians has been invited to ... Family Physicians (Texas ACOFP) Family Practice Review conference on April 30, 2016. , ...
(Date:4/29/2016)... ... 29, 2016 , ... The Gluten-Free Certification Program (GFCP), in ... the launch of the GFCP Scoop in response to consumer demand ... the GFCP Scoop site is to keep the gluten-free community updated ...
(Date:4/29/2016)... ... ... Reltok Nasal Products proudly announces that Boston Medical Products, Inc., a leading ... specialty, has added the KOTLER NASAL AIRWAY™ to its diverse product line. , A ... safety device secured by nasal surgeons onto the floor of the nasal passages, at ...
(Date:4/29/2016)... ... April 29, 2016 , ... Regenerative Medicine Solutions ... Work employee satisfaction survey, earning them second place for Tampa’s Best Places to Work. ... , “This is a great accomplishment for our team,” says RMS Human Resources ...
(Date:4/29/2016)... ... April 29, 2016 , ... Natren, Inc. recently ... of probiotics, Petbiotics ™, as they fondly call them. As animal lovers, ... networking for their non-profit organizations. Animal rescues across the nation face huge hurdles ...
Breaking Medicine News(10 mins):
(Date:4/27/2016)... 27, 2016 Transparency Market Research ... Market - Global Industry Analysis, Size, Share, Growth, Trends, ... the global skincare devices market was valued at US$ ... at a CAGR of 10.1% from 2015 to 2023 ... Browse the full Skincare Devices Market (Treatment Device - LED ...
(Date:4/27/2016)... , April 27, 2016  Bayer Animal Health ... senior from the University of Florida College of ... Bayer Excellence in Communication Award (BECA). Brittany was ... were awarded a total of $70,000 in scholarship ... four years, Bayer has provided a total of ...
(Date:4/27/2016)... April 27, 2016 Oasmia ... developer of a new generation of drugs within ... survival results for Paclical/Apealea in the Phase III ... with epithelial ovarian cancer. These preliminary results showed ... combination with carboplatin versus Taxol in combination with ...
Breaking Medicine Technology: