Connected Cars Market & Its Areas of Potential Growth During the Forecast Period of 2018-2023
Asia-Pacific will Dominate with Major Growth in the Connected Cars Market Geographically, The Connected Cars Market market is segmented into North
America, Europe, Asia-Pacific and rest of the world. The Asia-Pacific region indicates a prominent growth during the forecast period. In the years to come, APAC will be eminent in automobile market. Infotainment and navigation services ares the key factors behind growing adoption in marketplace of China, Japan and South Korea . North America and Europe are well established in the present market, this helps the inventors to expand their business in the others regions, who are likely to chase towards the development.
Selected Regulatory Analysis Done in the Full Report: Today, 70 percent of the inclusive connected services sales come from superior
brands such as General Motors Co., Bavarian Motor Works (BMW), Audi AG, Honda Motors Co. Ltd., Fiat Automobiles and others. By 2023, number will grow extremely, due to the reduction in expenses. The modern tech world will influence the market to generate sales. In 2017, the growing market sales will establish opportunities for the companies to upgrade their services., Smart phone is an example for apps and accessories that grew quickly in handsets. This will provide incremental revenue for OEMs and open up opportunities for new startups and technology providers.
Selected Driving Factors Mentioned in the Full Report The Global OEMs have rapidly boosted innovation in the area of safety. The finding states the
number of accident prevention technology has increased by more than 500 percent and Advanced Driver Assistance System (ADAS) innovation by 400 percent, over the eight years. Advancement in ADAS will continue to make driving easier. For example, BMW 7 Series
offers the garage parking assistant, and Tesla recently introduced its Summon feature. Mostly the continuous advances in autonomous driving are essentially expected by car manufactures and players like Google and Tesla. The current development process for security software involves binding it to the car’s
hardware. As a result, updating the software will set to support functions, including risk management, progress monitoring and reporting and incident management. All of these must also be put in place if the software development effort is to succeed
Key Players of the Connected Cars Market General Motors Company NXP Corporation Bayerische MotorenWerke(BMW) AG Honda Motor Co. Ltd Toyota Motor Corporation Ford Motor Company Telestra Corporation
Hyundai Motor Company AT&T Inc
Contact :
[email protected]
Download Sample Report
You Can Customize the Report as Per Your Need. We have included Some Customization Options
Company Profile
Analyst Briefing
Data Tables
Key Contacts
About IndustryARC
IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team
enables us to meet the client research needs at a very quick speed with a variety of options for your business.
