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Connected Car Market Cost Structure and Growth Opportunities 2020

The integration of advanced diagnostic systems in cars is estimated to fuel the connected car market growth in the upcoming years. The system provides diagnostics data of automotive to both the car dealer and the customer, which would be beneficial in predicting potential problems and thus helps in taking preventive measures to avoid such issues.

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Connected Car Market Cost Structure and Growth Opportunities 2020

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  1. Connected Car Market To Reach USD 197.12 Billion By 2026

  2. Market Summary Growing demand for improved user comfort, convenience, and safety is one of the significant factors estimated to stimulate market demand.Market Size – USD 41.37 billion in 2018, Market Growth - CAGR of 21.3%, Market Trends – Ease of vehicle diagnosis. The global connected car market is expected to reach USD 197.12 Billion by 2026, according to a new report by Reports and Data. Increasing proliferation of the internet and ubiquity of smart devices offer several advantages, which is rapidly gaining traction amongst the automotive manufacturers to manufacture cars with connectivity facilities offering a host of features to cater to the increasing demand of consumers. Connected cars provide a host of services comprising safety features, infotainment services, and traffic information services, among others. Further key findings from the report suggest • North America is anticipated to grow at the fastest CAGR of 22.5% in the period 2019-2026. The high growth of the region is owing to the rapid technological adoption and increasing demand for convenience, safety, and comfort in cars. • By offering, mobility management contributed to the largest market share in 2018. It assists drivers in having real-time traffic information, enabling them to avoid road traffic. www.reportsanddata.com

  3. Key Players: • Continental AG, Bosch, HARMAN, Airbiquity, Visteon, Tesla, AT&T, Qualcomm, Sierra Wireless, and Panasonic, among others. • Segmentation: • Offering Outlook (Revenue, USD Million; 2016-2026), Mobility Management, Vehicle Management, Entertainment, Driver Assistance, Safety, Others • Hardware Outlook (Revenue, USD Million; 2016-2026), Head Unit, Telematics Gateway, Intelligent Antenna, Others • Connectivity Solutions Outlook (Revenue, USD Million; 2016-2026), Embedded Solutions, Tethered Solutions, Integrated Solutions • Transponder Outlook (Revenue, USD Million; 2016-2026), On-Board Unit, Roadside Unit • Communication Channel Outlook (Revenue, USD Million; 2016-2026), Dedicated Short-Range Communications (DSRC), Vehicle Ad Hoc Network (VANET), • Sales Outlook (Revenue, USD Million; 2016-2026), OEM, Aftermarket www.reportsanddata.com

  4. Regional Vehicle Access Control Market (Regional Output, Demand & Forecast by Countries):- • North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More. www.reportsanddata.com

  5. Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market www.reportsanddata.com

  6. AboutUs: Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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