Research and Markets - Global Connected Car M2M Market to Grow at a CAGR of 27.52%, 2017-2021 with Alpine Electronics, BMW, GM & Audi Dominating

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Apr 24, 2017, 17:15 ET

DUBLIN, Apr. 24, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Connected Car M2M Market 2017-2021" report to their offering.

The global connected car M2M market to grow at a CAGR of 27.52% during the period 2017-2021.

The report, Global Connected Car M2M Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in market is big data platform provided by connected cars to foster further developments. The growth of connectivity solutions in the automotive segment provides a huge opportunity to the automobile OEMs to develop an efficient product for the customers using real-time data. This data is expected to grow further due to the increasing adoption of connected cars during the forecast period.

According to the report, one driver in market is availability of high-speed wireless networks. Telecom operators play a significant role in the growth of the global connected car M2M market as the connectivity of the connected car M2M modules and platforms depend solely on telecom networks. Some connected car M2M services require high-speed wireless networks. For instance, on-the-move radio streaming, music, video, location-based services (LBS), and on-demand content require high-speed wireless networks. Due to the wide reach of 3G and LTE networks, telecom operators can provide high-speed connectivity at lower tariffs to connected car M2M users. Many car manufacturers, connected car M2M platform developers, and telecom operators are expected to develop partnerships to launch LTE-based connected cars during the forecast period. The market has witnessed similar strategic partnerships in the past that fostered market growth

Key vendors

Alpine Electronics
BMW
GM
Audi

Other prominent vendors

Bosch
Delphi Automotive
Ford Motor Company
Google
IBM
Others

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Five forces analysis

PART 07: Market segmentation by product

PART 08: Market segmentation by technology

PART 09: Market segmentation by application

PART 10: Geographical segmentation

PART 11: Decision framework

PART 12: Drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

PART 15: Key vendor profiles

PART 16: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/xgvvsd/global_connected

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SOURCE Research and Markets