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Connected Car M2M Connections Market 2019

| January 12, 2015

M2M RESEARCH

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Global Connected Car M2M Connections and Services Market 2015-2019” report to their offering.

“Global Connected Car M2M Connections and Services Market 2015-2019”

The analysts forecast the Global Connected Car M2M Connections and Services market to grow at a CAGR of 26.19% over the period 2014-2019.

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 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.

Key Vendors

  • BMW
  • General Motors
  • Gemalto
  • Sierra Wireless
  • Verizon Telematics

Market Driver/Challenes/Trends

  • Increased Awareness for Safety and Security Services
  • Distraction Due to Infotainment Services Inside car
  • Increased Use of Big Data Analytics for Connected Car M2M Services

For more information visit http://www.researchandmarkets.com/research/xcfb5b/global_connected

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Category: AUTOMOTIVE

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