Outlook of Global Connected Car Market

NEW YORK, March 21, 2016 /PRNewswire/ -- 2016 Outlook of Global Connected Car Market : Year of Consolidation of OEM Strategies and Focus on New Intelligent Mobility Revenue Streams in North America

This outlook offers a 360-degree perspective of the global connected car market. It includes key market and technology trends, regional analyses, market forecasts (2016–2021), conclusions, and key recommendations. The research is split across domains like infotainment, connectivity, telematics, navigation, and aftermarket analysis. OEM solution benchmarking for infotainment systems, HMI solutions, and app-based models is included along with insights on suppliers' current and future market positioning. Overall, the study includes multiple exhibits offering in-depth analysis of select OEMs, Tier I suppliers, and other value chain disruptors. Highlights from 2015, predictions for 2016, and a look at business model evolution are presented.

2015 Key Highlights

Cybersecurity remained a very important area in 2015 wherein new vendors and new acquisitions emerged. Over US OEMs are now including a basic to mid version of a connected service free with their vehicles.

360 Cybersecurity—Focus on In-vehicle and Back-end Security

The market witnessed the first cyber recall at FCA with over million cars impacted. The SPY Car Study Act proposed by US Congress is under debate. The concept of distributed end-to-end security is still non-existent in the market, and OEMs are engaging with vendors for testing specific application areas like OTA/V2X.

OEM Push towards Prognostics and Harnessing Vehicle Data

The much hyped GM OnStar LTE prognostics feature was delayed while the market witnessed traditional Tier I suppliers like Continental partnering with IBM to offer a cloud-based service suite with prognostics included. Most other OEMs are still offering basic vehicle health and diagnostics services. Major push on prognostics will emerge from the DIY OBDII aftermarket participants, which is no longer a niche market.

HMI beyond Speech—Utilize HMI Innovations in the Age of Vehicle Automation

Ford updated the SIRI EyesFree feature in over million vehicles while first integrations of Apple CarPlay were witnessed in 2015. Most Tier I suppliers took to conference and shows to demonstrate head-up display (HUD), digital cluster display solutions, and gesture recognition. Also, Volvo implemented a portrait mode.

Contextual Services—Utilizing Cloud and Location for Multimodal Services

Automakers like Jaguar LandRover launched a new connected navigation experience that provides some level of context-relevance. Still, the larger market is looking at machine learning and artificial intelligence for more automated driving-related technologies and lesser in the connected space. True machine learning is expected to pick up with more data analytics efforts (e.g., new MB Companion App). e machine learning is expected to pick up with more data analytics efforts (e.g., new MB Companion App).

Smartphone in Car 2.0

Apple CarPlay enabled vehicles launched; Android Auto was second choice. Select OEMs like Toyota remained nonbelievers in Apple and Google. Suppliers like Valeo and Continental ramped up efforts on NFC and BT based smart access solutions. The market also witnessed first-level wearable integration efforts by a few OEMs.

Read the full report: http://www.reportlinker.com/p03703388-summary/view-report.html

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

http://www.reportlinker.com


__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001

SOURCE Reportlinker

Related Links

http://www.reportlinker.com