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Global Connected Car Market to Reflect a Holistic by 2027

The global connected car market is predicted to expand at an incredible CAGR over the forecast period (2016-2027) owing to the need for constant connectivity, asserts Market Research Future (MRFR).<br><br>Get Complete Report @ https://www.marketresearchfuture.com/reports/connected-car-market-1140<br><br>

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Global Connected Car Market to Reflect a Holistic by 2027

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  1. Technological Advancements to Play a Key Role in Growth of Connected Car Market 2027 Industry Survey, Growth, Competitive Landscape and Forecasts to 2027 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

  2. Connected Car Market Market Overview The global connected car market is predicted to expand at an incredible CAGR over the forecast period (2016-2027) owing to the need for constant connectivity, asserts Market Research Future (MRFR). Connected cars facilitate connectivity on wheels providing convenience, performance, comfort, security, and safety along with powerful network technology. Connected cars allow the drivers to get connected to the online platforms and facilitate real- time communication. Connected cars are equipped with advanced technologies and sensors. The cars can communicated with another car which is travelling on the same road and exchange information regarding weather, road blocks, accidents, traffic, etc. Drivers and Constraints Impacting the Market The need for constant connectivity, growing demand of the consumers, increasing number of tech-savvy people, and growing dependency on technology are some of the major factors stimulating the market growth over the forecast period. Several connectivity solutions such as Machine-to-Machine connectivity platforms have been developed by the service providers and car manufacturers. The Machine-to-Machine connectivity provides interconnectivity between two connected cars. This is likely to propel the market growth over the assessment period. Moreover, fast connection to the wireless network and advanced infotainment systems are the two prominent features enhancing the market growth over the years. On the flip side, lack of strong network infrastructure in developing countries along with increasing risk of cyber security for smart vehicles are hindering the market growth during the assessment period. Global Connected Car Market: Segmental Analysis The global connected car market has been segmented on the basis of technology, services, components, connectivity, and region. By mode of technology, the global connected car market has been segmented into WiFi & Bluetooth, 3G, 2G, and, 2 www.marketresearchfuture.com

  3. Connected Car Market LTE. Among these, the 2G service will gradually fade out and will be replaced by LTE and 3G technology due to rapidly changing telecommunication technology along with advent of reliable and faster communication networks. By mode of components, the global connected car market has been segmented into processors, sensors, cellular, and wireless modules. By mode of services, the global connected car market has been segmented into autonomous driving and vehicle management, well-being, OEM services, safety, and entertainment. By mode of connectivity, the global connected car market has been segmented into tethered, integrated, and embedded. Among these, the integrated connectivity is expected to occupy the maximum share owing to the consumer freedom of choice in customizing their data plans and connectivity devices. Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/1140 Regional Insights Geographically, the connected cars market spans across regions namely, North America, Europe, Asia Pacific, and Rest-of-the-World. Among all the regions, North America is predicted to dominate the global market for connected cars. Requirement for more safe cars and technological advancements in this region is driving the market growth over the assessment period. Europe is projected to be the second biggest market of connected cars owing to the high standard of living and high investment in the automotive sector in this region. Meanwhile, Asia Pacific has been predicted to emerge as the fastest growing market due to the rapidly growing population, large presence of the young population, and increasing disposable incomes. 3 www.marketresearchfuture.com

  4. Connected Car Market Industry News Volkswagen has a $4 billion plan for autonomous vehicle technology and connected cars, one that includes a proprietary software operating system and will support delivery, car sharing, and other services. The German automaker’s investment plan comes as rivals are ramping up their own connected vehicle efforts and as the standards battle heats up for that industry. Competitive Analysis Some of the major players operating the global market for connected cars are Ford Motor Company (U.S.), General Motors (U.S.), Freescale Semiconductor Inc. (U.S.), Texas Instruments Incorporated (U.S.), BMW (Germany), Sierra Wireless (Canada), NXP Semiconductors (Netherlands), Honda Motor Co. Ltd. (Japan), Microsoft Corporation (U.S.), Audi AG (Germany), Apple Inc. (U.S.), and others. Get Complete Report @ https://www.marketresearchfuture.com/reports/connected-car-market-1140 4 www.marketresearchfuture.com

  5. ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous- Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. 5 www.marketresearchfuture.com

  6. THANK YOU MARKET RESEARCH FUTURE salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK) 6 www.marketresearchfuture.com

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