DUBLIN, May 20, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/v7nxbh/connected_car) has announced the addition of the "Connected Car Market by Connectivity Form Factor, Connectivity Technology, Application, and Geography - Trends & Forecast to 2014 - 2020" report to their offering.
The connected car market is expected to reach $46.69 Million by 2020, at a CAGR of 10.82% from 2014 to 2020.
The increasing demand of consumers for smartphone features such as making and receiving calls, voice messages, music on demand, and infotainment in vehicles are attributing to the growth of connected vehicles. Consumers are increasingly looking for solutions that allow them to stay connected digitally. Consumer demands and mandates (both existing and expected) are key drivers of the market. Most of the major economies have already introduced one mandate or the other such as eCall in Europe and GLONASS in Russia. Future generations would rely more and more on cloud-based backend systems for content, information, and services.
Connected cars exhibit a huge potential in terms of applications such as navigation, telematics, and infotainment. The connectivity technology used in this market includes LTE, 3G, HSPA+, Wi-Fi, and Bluetooth. Geographically, this market in the report covers North America, APAC, Europe, and Rest of the World (RoW).
In the connected cars market, the embedded form factor segment accounted for the large share of the connectivity form factor market; however, the integrated segment is the fastest growing segment among all connectivity form factors.
Some of the major companies in the connected cars market include Apple (U.S.), Alcatel-Lucent (France), AT&T (U.S.), Audi (Germany), Delphi (U.K.), Ford (U.S.), General Motors (U.S.), Google (U.S.), NXP Semiconductors (Netherlands), Sierra Wireless (Canada).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Connected Car Platforms
8 Market By, Connectivity Form Factor
9 Market By, Connectivity Technology
10 Market By, Application
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
- Apple, Inc.
- At&T Inc.
- Audi AG
- Delphi Automotive LLP
- Ford Motor Company
- General Motors
- Google, Inc
- NXP Semiconductors
- Sierra Wireless
For more information visit http://www.researchandmarkets.com/research/v7nxbh/connected_car
Media Contact: Laura Wood, +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets