Connected Car Market Size 2026

Posted by Pradip on January 6th, 2020

Market Size – USD 41.37 billion in 2018, Market Growth - CAGR of 21.3%, Market Trends – Ease of vehicle diagnosis

New York, December 18, 2019 - The global connected car market is expected to reach USD 197.12 Billion by 2026, according to a new report by Reports and Data. Increasing proliferation of the internet and ubiquity of smart devices offer several advantages, which is rapidly gaining traction amongst the automotive manufacturers to manufacture cars with connectivity facilities offering a host of features to cater to the increasing demand of consumers. Connected cars provide a host of services comprising safety features, infotainment services, and traffic information services, among others. In August 2019, Cognizant, a key IT company, announced the design and implementation of a digital solution to assist automotive company MG Motor to provide a smooth experience to customers of the Hector SUV, the connected internet car by the company.

Connected cars assist businesses such as car mobility as a service, track the mileage and fuel consumption along with providing inputs shorter routes and feedback on their driving. Moreover, automatic car diagnostics aid businesses save time and money while maximizing driver safety. Benefits offered by connected cars, including tire pressure analysis, automatically inspect the use of correct PSI, a crucial factor for fuel consumption, which may be higher if a tire is under-inflated.

View Full Report Description with Table of Content@ https://www.marketexpertz.com/industry-overview/global-hgh-biosimilars-market

Leading players of Connected Car including:

• Johnson & Johnson
• Gilead Sciences
• Pacira
• Sun Pharmaceutical
• Luye Pharma
• Sigma-Tau Group
• Fudan-Zhangjiang
• Teva Pharmaceutical
• CSPC
• Novartis
• Kingond Pharm

The report on global Connected Car market is intended to offer business owners, stakeholders and field marketing executives a broad overview of the business they should be focussing on for the estimated period. The research further holds vital information on the size of market and data on the prominent leaders' product owners have to compete with, in the coming years. Assessments of the broad strengths, as well as weaknesses too, add value to the overall research. Products details not only cover the popular applications and its performance, but it also unveils certain trends and value of specific products within specific regions.

Offering Outlook (Revenue, USD Million; 2016-2026)

• Mobility Management
• Vehicle Management
• Entertainment
• Driver Assistance
• Safety
• Others

Hardware Outlook (Revenue, USD Million; 2016-2026)

• Head Unit
• Telematics Gateway
• Intelligent Antenna
• Others

Connectivity Solutions Outlook (Revenue, USD Million; 2016-2026)

• Embedded Solutions
• Tethered Solutions
• Integrated Solutions

Transponder Outlook (Revenue, USD Million; 2016-2026)

• On-Board Unit
• Roadside Unit

Communication Channel Outlook (Revenue, USD Million; 2016-2026)

• Dedicated Short-Range Communications (DSRC)
• Vehicle Ad Hoc Network (VANET)

Sales Outlook (Revenue, USD Million; 2016-2026)

• OEM
• Aftermarket

Market segment by Region/Country including:

• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America Brazil, Argentina, Colombia and Chile etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)

The industry evaluation report offers a snapshot of the technology trends in the Connected Car industry for the forecast period, 2019 - 2028. Projected data on intangible aspects such an import and export status, supply chain management, distribution channel, consumption capability and production capacity are explained through resources including tables, charts, and graphic images. Analysis of both the strengths and weaknesses of the key market players help business owners understand the strategies they should avoid and endorse.

The report on global Connected Car market is intended to offer business owners, stakeholders and field marketing executives a broad overview of the business they should be focussing on for the estimated period. The research further holds vital information on the size of market and data on the prominent leaders' product owners have to compete with, in the coming years. Assessments of the broad strengths, as well as weaknesses too, add value to the overall research. Products details not only cover the popular applications and its performance, but it also unveils certain trends and value of specific products within specific regions.

Important the study on the Connected Car market takes a closer look at the top market performers and monitors the strategies that have enabled them to occupy a strong foothold in the market. Performance of the product and services across different segments and geography are thoroughly assessed during the research. Apart from this, the research brings to light real-time data about opportunities that will completely transform the trajectory of the business environment in the coming years.

The research provides answers to the following key questions:

• What will be the growth rate and the market size of the Connected Car industry for the forecast period 2019-2028?
• What are the major driving forces expected to impact the development of the Connected Car market across different regions?
• Who are the major driving forces expected to decide the fate of the industry worldwide?
• Who are the prominent market players making a mark in the Connected Car market with their winning strategies?
• Which industry trends are likely to shape the future of the industry during the forecast period 2019-2028?
• What are the key barriers and threats believed to hinder the development of the industry?
• What are the future opportunities in the Connected Car market?