Connected Car Market projected to register 16.1% CAGR to 2026 – Audi AG, IBM Corporation, Bayerische Motoren Werke Group
Premium Market Insights has announced the addition of the “Connected Car Market to 2026” The report focuses on global major leading industry players with information such as company profiles, product picture, and specification.
According to Publisher, the Global Connected Car Market is accounted for $72.95 billion in 2017 and is expected to reach $280.36 billion by 2026 growing at a CAGR of 16.1% during the forecast period. Increase in the demand for safer, more efficient & convenient driving, rise in industry compliance rules and government authorization for supporting connected technology in passenger cars are some of the key factors fueling the market growth. However, lack of strong network infrastructure in developing countries and growing the risk of cyber security for smart vehicles are hindering the growth of the market. One of the major opportunities in the market is development of the new value chain ecosystem of the automotive industry.
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Leading Connected Car Market Players:
Audi AG, IBM Corporation, Bayerische Motoren Werke Group (BMW AG), AT&T, Inc., Vodafone Group Plc, Intel Corporation, Google, Inc., Tesla, Inc., Qualcomm Incorporated, Vodafone Group Plc, TomTom NV, Ford Motor Company, Mercedes-Benz, BMW and Harman International Industries.
An exclusive Connected Car Market research report has been fabricated through the in depth analysis of the market dynamics across five regions such as North America, Europe, South America, Asia-Pacific, Middle East and Africa. The segmentation of the market by type, application, and region was done based on the thorough market analysis and validation through extensive primary inputs from industry experts, key opinion leaders of companies, and stakeholders) and secondary research (global/regional associations, trade journals, technical white papers, company’s website, annual report SEC filing, and paid databases). Further, the market has been estimated by utilizing various research methodologies and internal statistical model.
Connected Car Market report also provide a thorough understanding of the cutting-edge competitive analysis of the emerging market trends along with the drivers, restraints, challenges, and opportunities in the Connected Car Market to offer worthwhile insights and current scenario for making right decision. The report covers the prominent players in the market with detailed SWOT analysis, financial overview, and key developments of the products/services from the past three years. Moreover, the report also offers a 360º outlook of the market through the competitive landscape of the global industry player and helps the companies to garner Connected Car Market revenue by understanding the strategic growth approaches.
Connected Car Market – Global Analysis to 2026 is an exclusive and in-depth study which provides a comprehensive view of the market includes the current trend and future amplitude of the market with respect to the products/services. The report provides an overview of the Connected Car Market with the detailed segmentation by type, application, and region through in-depth traction analysis of the overall Connected Car industry. This report provides qualified research on the market to evaluate the key vendors by calibrating all the relevant products/services to understand the positioning of the major players in Connected Car Market.
The report is a combination of qualitative and quantitative analysis of the Connected Car industry. It provides market estimation and forecasting of the Connected Car market for the period of 2017 to 2026, considering 2017 as the base year and 2018-2026 as the forecast period. The global market majorly considers five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America (SACM). The report also focuses on the exhaustive PEST analysis and extensive market dynamics during the forecast period.
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Reason to Buy
– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Connected Car Market.
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– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
Name: Sameer Joshi
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Organization: Premium Market Insights
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