"The
Report Global Connected Car M2M Market 2017-2021 provides information
on pricing, market analysis, shares, forecast, and company profiles
for key industry participants. - MarketResearchReports.biz"
MarketResearchReports.biz
has announced the addition of the “Global
Connected Car M2M Market 2017–2021,”
report to their offering. This market research report sheds light on
different aspects of the market including its size, competitive
dynamics, and growth prospects. The report predicts the global market
for connected cars M2M to rise at a stellar CAGR of 27.52% from 2017
to 2021.
Connected
cars, already becoming a hit, are internet-connected a cars that
provide several tangible benefits. They can provide information about
traffic and identify dangers in advance. Besides making driving more
comfortable, they also provide entertainment in the form of music,
radio, news, and podcasts. Connected cars hold out a strong promise
for automakers and realizing it both established and new players have
jumped on to their market. This has made the market highly fragmented
and competitive.
Driving
growth in the connected cars M2M market is the rising number of
smartphone integrated services. Need for in-vehicle connectivity and
telematics to improve the overall driving experience has boosted the
market as well. Further, with the higher production and quicker
uptake of electronic vehicles, automotive original equipment
manufacturers (OEM) are expending money on designing innovative
applications.
Acting
as deterrents to the global market for connected cars is the
potential security breaches that is negatively impacting the swift
uptake of the technology. A noticeable trend in the market is
businesses trying to tap into the data connected cars generate to
uncover valuable trends pertaining to riders’ locations, in-car
entertainment choices, driving habits, and more. This also can help
them anticipate maintenance issues and create more effective systems.
Get
Sample Copy Of This Report @
In
order to study the global market for connected cars M2M, the report
segments it into Europe, Middle East, and Africa, the Americas, and
Asia Pacific. Among the three, the Americas dominate the market on
account of the high disposable incomes of the people and their
tendency to splurge on high end luxury cars that come embedded with
advanced features. Other factors driving demand in the region is the
long hours people spend on roads driving compared to other regions.
The
report also segments the market for connected cars based on
technology into embedded solutions, integrated solutions, and
tethered solutions. On account of the growing necessity for improved
navigation and assistance services for drivers, the embedded
technology segment takes a leading position in the market.
View
Press Release @
http://www.marketresearchreports.biz/pressrelease/4262
Depending
upon application, the report divides the global market for connected
cars into vehicle management, infotainment, driver assistance, and
on-drive management. The report leverages market-leading analytical
tools such as Porter’s Five Forces to gauge the competition in the
market. Some of the key companies it lists are Alpine Electronics,
Audi, BMW, GM, IBM, Ford Motor Company, and Google.
About
us
MarketResearchReports.biz
is the most comprehensive collection of market research reports.
MarketResearchReports.Biz services are specially designed to save
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your research needs, our main offerings are syndicated research
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services. We serve all sizes and types of companies spanning across
various industries.
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Albany,
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