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Connected Car Market Revenue is driven by Host of Applications to $40 Billion by 2020

ReportsnReports.com adds The Connected Car Ecosystem: 2015 – 2030 – Opportunities, Challenges, Strategies & Forecasts new market research report in its store.

New car technologies are transforming the automotive sector, with major implications for industry players and consumers alike. While automotive digital technology has traditionally focused on optimizing the vehicle’s internal functions, attention is now turning to developing the car’s ability to connect with the outside world and enhance the in-car experience. By 2020, Research estimates that connected car services will account for nearly $40 Billion in annual revenue, driven by a host of applications, including but not limited to infotainment, navigation, fleet management, remote diagnostics, automatic crash notification, enhanced safety, UBI (Usage Based Insurance), traffic management and even autonomous driving.  

Complete report spreads across 357 pages, analysing 308 companies and providing 83 figures is available at http://www.reportsnreports.com/reports/404223-the-connected-car-ecosystem-2015-2030-opportunities-challenges-strategies-forecasts.html.

The Connected Car Market: 2015 – 2030 – Opportunities, Challenges, Strategies & Forecasts report presents a thorough assessment of the connected car ecosystem including OEM connected car programs, and enabling technologies and key trends. The Connected Car market driver and challenges of the industry along with an analysis of the key applications and opportunities has been mentioned. The collaborative initiatives, regulatory landscape and standardization, along with the future roadmap, value chain, ecosystem player profiles and strategies have all been vigorously researched.

The Connected Car market report also presents market size forecasts for connected car services from 2015 through to 2030. The forecasts are segmented for three connectivity models – embedded, tethered, and integrated; and five application categories - Communications & Infotainment, Navigation & Location Services, Vehicle Management, Safety & Security, and Driver Assistance & Autonomous Driving. The report also encompasses five regions - Asia Pacific, Europe, Middle East & Africa, North America, and Latin & Central America along with the 17 leading countries. The report comes with an associated datasheet covering quantitative data from all numeric forecasts presented in the report.

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The report covers the following topics: Connected car ecosystem; Market drivers and barriers; Enabling technologies and key trends; Connected car programs and platform offerings; Embedded, tethered and integrated connectivity models; Analysis of key applications and opportunities; Regulatory landscape, collaborative initiatives and standardization; Industry roadmap and value chain; Profiles and strategies of over 230 leading ecosystem players, including automotive OEMs, mobile operators and connected car platform specialists; Strategic recommendations for ecosystem players; Market analysis and forecasts from 2015 till 2030

The connected car market report provides answers to the following key questions that is customary to any industry player like how big is the connected car opportunity, or the trends, challenges and barriers are influencing its growth, or how is the ecosystem evolving by segment and region. Not only this, the report gives answers to queries like what will the market size be in 2020 and at what rate will it grow, or which countries and submarkets will see the highest percentage of growth, or the future prospects of self-driving cars and cooperative V2X applications. In addition to these, the impact of government mandates and initiatives on the adoption of embedded connectivity, and the future prospects of self-driving cars and cooperative V2X applications, do LTE and 5G technologies pose a threat to the 802.11p standard for V2X communications, and what strategies should automotive OEMs, mobile operators and connected car platform specialists adopt to remain competitive have all been elaborately explained.

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The Connected Car market report presents key findings vital to all the industry players whether new or existing. By 2020, Research estimates that connected car services will account for nearly $40 Billion in annual revenue, driven by a host of applications. The proportion of connected car service revenue for driver assistance systems and autonomous driving applications is expected to dramatically increase from merely 5% in 2014 to over 11% by 2020. Largely driven by connected car services, Big Data and analytics technology investments in the automotive sector are expected to reach $5 Billion by 2020, following a CAGR of over 14% between 2015 and 2020. The connected car ecosystem continues to consolidate, with larger players investing in acquisitions to increase their market share, capability, revenue and geographic reach. Last but not the least, the report emphasizes on the face that many mobile operators have expanded beyond their traditional role as connectivity providers, to offer end-to-end connected car platforms directly to automotive OEMs and aftermarket suppliers.

List of Companies Mentioned: 21ViaNet Group, 3GPP (3rd Generation Partnership Project), Abalta Technologies, Accenture, Acura, Aeris Communications, Agero, AGL (Automotive Grade Linux), Airbiquity, Alcatel-Lucent, Alibaba Group, Alliance of Automobile Manufacturers, Allstate Insurance Company, Alpine Electronics, Altera Corporation, Amdocs, América Móvil, Analog Devices, Apple, Arada Systems, ARIB (Association of Radio Industries and Businesses,  Japan), Arynga, Association of Global Automakers, AT&T, AT&T Mobility, ATIS (Alliance for Telecommunications Industry Solutions,  U.S.), Atmel Corporation, Atos, Atos Worldline, Audi, Automatic Labs, AutoNavi Software, Autonet Mobile, Autotalks, Avago Technologies, AVnu Alliance, Azuga, B&B Electronics, Baidu, BlackBerry, BMW, Bosch, Bosch SoftTec, Bouygues Group, Bouygues Telecom, Bright Box, Broadcom Corporation, BYD Auto, C2C-CC (CAR 2 CAR Communication Consortium), Cadillac, CCC (Car Connectivity Consortium), CCSA (China Communications Standards Association), CEN (European Committee for Standardization), CenNavi Technologies, Changan Automobile Company and 253 more.

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