Global Connected Car M2M Connections and Services Market 2014-2018
DUBLIN, April 17, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/82njmm/global_connected) has announced the addition of the "Global Connected Car M2M Connections and Services Market 2014-2018" report to their offering.
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The analysts forecast the Global Connected Car M2M Connections and Services market to grow at a CAGR of 28.45 percent over the period 2014-2018. One of the key factors contributing to this market growth is the increasing awareness and demand for safety and security of connected car M2M services. The Global Connected Car M2M Connections & Services market has also been witnessing the launch of LTE-based connected cars. However, the high cost of connected car M2M equipment and services could pose a challenge to the growth of this market.
The report, the Global Connected Car M2M Connections & Services Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Connected Car M2M Connections & Services market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
As of July 2013, almost 200 LTE networks had been deployed across the world and another 90 new LTE networks were in the deployment phase. In addition, more than 25 countries are expected to auction their LTE networks by the end of 2015. Hence, the availability of LTE networks across the globe is expected to increase rapidly during the forecast period.
Due to the increasing availability of high-speed LTE networks, many car manufacturers, connected car M2M platform developers, and telecom operators are developing partnerships to launch LTE-based connected cars over the next few years. For instance, Audi has announced the launch of the Audi S3 Sportback car in Europe in 2014 with an embedded Gemalto LTE module.
Further, the report states that one of the major challenges in this market is the high cost of connected car M2M equipment and services. The cost of embedding a TCU in a car varies between US$65 and US$270, depending on the functionality of the TCU and the volume of TCUs ordered. In addition, many vehicle manufacturers provide connected M2M services for an annual subscription..
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Market Landscape
07. Global Connected Car M2M Connections by Applications
08. Global Connected Car M2M Services Market Segmentation by Service Category
09. Global Connected Car M2M OEM Market Segmentation by Product and Services
10. Geographical Segmentation
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
19. Key Vendor Analysis
20. Other Reports in this Series
Companies Mentioned:
- Airbiquity Inc.
- Alcatel-Lucent Inc.
- Apple
- At&T Inc.
- Audi AG.
- Bayerische Motoren Werke (BMW) AG.
- Daimler AG.
- Delphi Automotive LLP.
- Ford Motor Company.
- Garmin Ltd.
- Gemalto SA.
- General Motors Co.
- Harman International
- Hyundai Motor Co.
- Intel Corp.
- Luxoft Holdings Inc.
- Microsoft Corp.
- Nokia Corp.
- Nuance Communications
- Sierra Wireless Inc.
- Sony Corp.
- Tata Consultancy Services Ltd.
- Tomtom International BV.
- Toyota Motor Corp.
- Verizon Telematics Inc.
For more information visit http://www.researchandmarkets.com/research/82njmm/global_connected
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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