Present Scenario and the Growth Prospects of the Connected Car Machine-to-Machine (M2M) Connections and Services Market in Western Europe for 2016-2020
Connected cars enable drivers to connect with online platforms and obtain real-time communication such as real-time traffic updates during travel.
Hyderabad, February 11, 2016 (Newswire.com) - Summary:
About Connected Car M2M Connections and Services
Connected cars enable drivers to connect with online platforms and obtain real-time communication such as real-time traffic updates during travel. Different factors such as rising demand for constant connectivity, increased dependence on technology, and the growing number of tech-savvy customers have fueled the growth of the connected car M2M connections and services market.
Technavio’s analysts forecast the connected car M2M services market in Western Europe to grow at a CAGR of 26.38% during the period 2016-2020.
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Topics Covered in this report
The report covers the present scenario and the growth prospects of the connected car machine-to-machine (M2M) connections and services market in Western Europe for 2016-2020. To calculate the market size, the report considers the revenue generated from OEM and aftermarket equipment.
The market is divided into the following segments based on application:
• Driver assistance
• Safety and security
• Infotainment
• Vehicle management
• On-drive management
• Other services
Technavio's report, Connected Car M2M Connections and Services Market in WE 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
• Audi
• BMW
• Gemalto
• General Motors
• Deutsche TeleKom
Other prominent vendors
• Delphi Automotive
• Ford Motors
• IBM
• Intelligent Mechatronic Systems (IMS)
• Mercedes-Benz Connect
• Parrot Automotive
• PSA Peugeot Citroën
• Qualcomm
• Sierra Wireless
• Tech Mahindra
• Toyota Motors
• Volkswagen
• Wipro
Market driver
• Enhanced safety and security features
• For a full, detailed list, view our report
Market challenge
• Issues with security and network integration
• For a full, detailed list, view our report
Market trend
• Smart parking with embedded sensors
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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