Connected cars a $40 billion opportunity says, 'The Connected Car Ecosystem: 2015 - 2030 - Opportunities, Challenges, Strategies & Forecasts' Report
DUBLIN, July 14, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/k3np3h/the_connected_car) has announced the addition of SNS Research's new report "The Connected Car Ecosystem: 2015 - 2030 - Opportunities, Challenges, Strategies & Forecasts" to their offering.
The Connected Car Ecosystem: 2015 - 2030 - Opportunities, Challenges, Strategies & Forecasts indicates that by 2020, connected car services will account for nearly $40 Billion in annual revenue
The growing proliferation of embedded in-vehicle connectivity and smartphone integration platforms has made connected cars one of the fastest growing segments of the IoT (Internet of Things) market. Keen to establish recurring post-sale service revenue streams, all major automotive OEMs are investing in connected car programs. Other ecosystem players, such as mobile operators and telematics specialists, are also vying to gain a larger share of the opportunity. In fact, 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.
By 2020, SNS 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.
The report presents an in-depth assessment of the connected car ecosystem including OEM connected car programs, enabling technologies, key trends, market drivers, challenges, key applications, collaborative initiatives, regulatory landscape, standardization, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents market size forecasts for connected car services from 2015 through to 2030. The forecasts are segmented for 3 connectivity models, 5 application categories, 5 regions and 17 leading countries.
Key Questions Answered
- How big is the connected car opportunity?
- What trends, challenges and barriers are influencing its growth?
- How is the ecosystem evolving by segment and region?
- What will the market size be in 2020 and at what rate will it grow?
- Which countries and submarkets will see the highest percentage of growth?
- Who are the key market players and what are their strategies?
- How will connected cars drive investments in Big Data, cloud computing, analytics and other technologies?
- What are the growth prospects of embedded, tethered and integrated connectivity options?
- How do government mandates and initiatives impact the adoption of embedded connectivity?
- What are 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?
- What strategies should automotive OEMs, mobile operators and connected car platform specialists adopt to remain competitive?
Key Findings
- 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 percent in 2014 to over 11 percent 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
- 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
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: An Overview of Connected Cars
Chapter 3: Key Application Areas
Chapter 4: Collaboration, Standardization & Regulatory Landscape
Chapter 5: Connected Car Industry Roadmap & Value Chain
Chapter 6: Key Market Players
Chapter 7: Market Analysis & Forecasts
Chapter 8: Conclusion & Strategic Recommendations
Small Selection of Companies Mentioned - 230+ companies feature in this extensive report
- 21ViaNet Group
- 3GPP (3rd Generation Partnership Project)
- AGL (Automotive Grade Linux)
- ARIB (Association of Radio Industries and Businesses, Japan)
- AT&T
- AT&T Mobility
- ATIS (Alliance for Telecommunications Industry Solutions, U.S.)
- AVnu Alliance
- Abalta Technologies
- Accenture
- Acura
- Aeris Communications
- Agero
- Airbiquity
- Alcatel-Lucent
- Alibaba Group
- Alliance of Automobile Manufacturers
- Allstate Insurance Company
- Alpine Electronics
- Altera Corporation
- Amdocs
- América Móvil
- Analog Devices
- Apple
- Arada Systems
- Arynga
- Association of Global Automakers
For more information visit http://www.researchandmarkets.com/research/k3np3h/the_connected_car
Source: SNS Research
Media Contact:
Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets
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