|By Business Wire||
|December 11, 2013 12:55 PM EST||
Research and Markets (http://www.researchandmarkets.com/research/k3zrxh/connected_car) has announced the addition of the "Global Connected Car Forecasts Market Report 2013-2019" report to their offering.
Connected cars are vehicles equipped with internet access and also with a Wireless Local Area Network (WLAN) that can be shared with the navigation and infotainment systems, as well as with the passengers inside. These cars are equipped with technologies which provide additional benefits to the driver such as security, emergency call, traffic information, weather information among others.
Growing demand for commercial B2B services, emerging applications in vehicles, rising mobility related information and in-car infotainment services are supporting the growth of this market. Some of the factors inhibiting the growth of this market are high hardware cost and safety risk caused due to driver distraction. Rapid advancements in network technology serve as an opportunity for connected cars market. There is a trend of luxury and high tech vehicles in developed regions especially the U.S., and Europe. Other trends include changes in regulations for road tolling, laws restricting the use of handheld mobile devices while driving and affordable rate of data packages for mobile networks.
Of the three major categories of connectivity solutions, namely - embedded, tethered, and integrated, the integrated segment held around 50% market share in 2012 followed by embedded and tethered. The growing usage of web-based application supports the growth of integrated connectivity solutions. Among the different connectivity technologies, 4G technology is gaining popularity due to higher speed associated with it as compared to other technologies i.e. 3G and 2G. In terms of applications, navigation segment dominated the market in 2012 on account of increased need for traffic information services among consumers across the globe.
Scope of the Report
- 4G technology
- 3G technology
- 2G technology
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Industry Analysis
Chapter 4 Connected Car Market Analysis and Forecast, by Connectivity Technology
Chapter 5 Connected Car Market Analysis and Forecast, by Application
Chapter 6 Connected Car Market Analysis and Forecast, by Connectivity Solution
Chapter 7 Connected Car Market Analysis and Forecast, by Geography
Chapter 8 Company Profiles
- AT&T Inc
- Apple, Inc
- Bayerische Motoren Werke (BMW) AG
- Delphi Automotive LLP
- Ford Motor Company
- General Motors
- Hyundai Motor Co
- Mercedes-Benz USA, LLC
- Microsoft Corporation
- Sierra Wireless
- T-Mobile US, Inc
- Toyota Motor Corporation
- Verizon Communications, Inc
For more information visit http://www.researchandmarkets.com/research/k3zrxh/connected_car