DUBLIN, January 29, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/krjp7m/global_connected) has announced the addition of the "Global Connected Car M2M Connections and Services Market 2015-2019" report to their offering.
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A connected car has a device present inside an automobile that is connected to other devices in the car or network or services outside. An M2M connection refers to the connections established between two electronic or mechanical devices for automated data transmission. A connected car M2M connection refers to automated wireless data transmission between two cars, the car and OEMs, car and third-party service providers, car and enterprises, car and internet capable devices, or car and infrastructure. A user uses the connected car M2M services for navigation, infotainment, tracking stolen vehicles, telematics, road-side assistance, video transmission, and making automated calls during emergencies such as accidents, malfunctioning of devices, fuel leakage, and fire. The user can check the performance of the vehicle with the help of connected car M2M connections and services.
The analysts forecast the Global Connected Car M2M Connections and Services market to grow at a CAGR of 26.19 percent over the period 2014-2019.
The Global Connected Car M2M Connections and Services market can be segmented into two segments: Connected Car M2M Connections and Connected Car M2M services. To calculate the number of connected car M2M connections, the report considers the connections that use shared car management, insurance, navigation, entertainment and web access, emergency service, security tracking, and vehicle platform applications. The report is restricted to revenue generating from high-end vehicles, which support connected car M2M connection and connected car M2M services. The geographical segmentation of the market is based on revenue from services only.
The report, the Global Connected Car M2M Connections and Services market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas the APAC region and the EMEA region; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
One key trend emerging in this market is increased use of big data analytics for connected car M2M services. Many automobile, technology, and big data analytic companies are forging partnerships to understand vehicle performance and automotive businesses to easily connect with their customers to improve brand loyalty and efficiency.
According to the report, the growth of the Global Connected Car M2M Connections and Services market is driven by several factors such as increased awareness of safety and security services. Connected car M2M services are used for accessing emergency service, vehicle diagnostics, avoiding accidents, and notifying information about stolen vehicles. Hence, the Global Connected Car M2M Connections and Services market is witnessing a significant increase in demand for connected car M2M applications worldwide.
Further, the report states that the negative effects of infotainment services are one of the key challenegs in this market. Infotainment services may act as a source of distraction to drivers, which can lead to fatal accidents. Restrictions for on-the-move infotainment services are imposed by the policy makers such as governments or safety and security agencies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Global Connected Car M2M Connections Market by Application
08. Global Connected Car M2M Services Market by Service Category
09. Global Connected Car M2M Services Market Segmentation by Usage
10. Global Connected Car M2M OEM Market by Product or Service 2014-2019
11. Geographical Segmentation
12. Buying Criteria
13. Market Growth Drivers
14. Drivers and their Impact
15. Market Challenges
16. Impact of Drivers and Challenges
17. Market Trends
18. Trends and their Impact
19. Vendor Landscape
20. Key Vendor Analysis
21. Other Reports in this Series
- Bell Mobility
- China Mobile
- Delphi Automotive
- Deutsche TeleKom
- Everything Everywhere
- Ford Motor
- General Motors
- Harman International
- Hyundai Motors
- Luxoft Holdings
- Nuance Communications
- RACO Wireless
- Sierra Wireless
- Telit Communications
- Tesla Motors
- Toyota Motors
- Verizon Telematics
- Wireless Car
For more information visit http://www.researchandmarkets.com/research/krjp7m/global_connected
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SOURCE Research and Markets