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Connected Car Market 2015-2025: Leading Companies Providing Telematics for in-Vehicle Safety, Security & Infotainment


News provided by

Reportlinker

Apr 14, 2015, 02:52 ET

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NEW YORK, April 14, 2015 /PRNewswire/ -- Report Details
The increased demand for wireless connectivity, demonstrated by the high level of penetration of smartphones and tablets, drives the automotive industry to adjust to a new lifestyle consensus and incorporate in-vehicle internet connectivity solutions. Moreover, global regulatory mandates (eCall in EU, GLONASS in Russia, Contran 245 in Brazil) require the usage of telematics for safety purposes and the installation of basic Telematics Control Units (TCU) in all new vehicles in Europe from 2017 and in other countries from 2016 onwards. These factors offer the opportunity for new revenue streams and enhancement of customer loyalty for the Connected Car ecosystem. On the other hand, the cost of telematics solutions and the ability of the Connected Car ecosystem to build viable billing-pricing business models, combined with privacy concerns from the usage of personal data, constitute the major threats to the rapid expansion of the Connected Car. As a consequence, visiongain has assessed that the value of the global Connected Car market will reach $30.2bn in 2015.

Why you should buy Connected Car Market 2015-2025: Leading Companies Providing Telematics for in-Vehicle Safety, Security & Infotainment
What is the future of the Connected Car market? Visiongain's comprehensive analysis contains highly quantitative content delivering solid conclusions to benefiting your analysis. Our research illustrates new opportunities and potential revenue streams, helping you to remain competitive. This definitive report will benefit your decision making and help to direct your future business strategy.

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Read the full report: http://www.reportlinker.com/p02487333-summary/view-report.html

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

http://www.reportlinker.com


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