05 September 2016
The growth of the connected car market since 2015 has been unprecedented in nature. The automotive industry has borne witness to one of the most innovative and revolutionary concepts of vehicle technology, which is developing at a rapid rate. Over the next ten years, in-vehicle connectivity is widely expected to flourish and encompass the entire car industry of the developed world. Now, as we come to a crucial crossroads in the evolution of the connected vehicle, diverse companies such as tech giants, mobile network operators, specialised chipmakers and technology innovators are entering this burgeoning space. Visiongain’s brand new analysis identifies the 20 leading connected car companies in 2016 and provides a detailed ranking of their connected car revenues, market share and competitive positioning. The information provided is a crucial step in understanding the nature of this young, dynamic market space.
This report reveals the competitive landscape in the connected car market in 2016 and focuses on ranking the 20 leading connected car companies by revenues and market share. In 2016, the connected car market amounts to $35.7bn and is dominated by OEM embedded in-car connectivity solutions and aftermarket telematics hardware providers. However, the market is experiencing the entrance of new players, including telecom and internet giants who are competing to win new customers as in-car connectivity becomes a significant selling point.
At the same time global regulatory mandates, such as eCall in the EU, GLONASS in Russia, and Contran 245 in Brazil, will further fuel growth in the connected car market creating opportunities to the ecosystem - car manufacturers, OEM and aftermarket hardware providers, telematics services providers and software developers - to offer a broad range of new services that could lead to new revenue streams and enhancement of customer loyalty.
As a consequence, industry leaders will be those who introduce new and innovative products, prevail in the standardisation of technologies for in-car connectivity, design cost-effective business models and proceed to the formation of new synergies that will expand their market share.
The 181 page report contains 157 tables, charts and graphs that add visual analysis in order to explain developing trends, the services and product offering by company in the connected car market. Visiongain provides connected car revenues ($bn) and market share allocation for each one of the 20 leading connected car companies. In addition, connected car products and services’ offerings for each one of the 20 leading companies are presented and analysed by visiongain.
The global connected car market is also segmented into two submarkets types
1. By type of connectivity:
• Embedded solution
• Integrated solutions
• Tethered solutions
2. By service provider:
• OEM hardware
• Aftermarket hardware
• Connectivity hardware submarkets
The Top 20 Connected Car Companies 2016: Leading Suppliers of Automotive In Vehicle (IN-V) Telematics (Embedded, Integrated, Tethered) By Service Provider (OEM, Aftermarket, Connectivity) Featuring Technologies (Telematics Control Units (TCU), eCall, GLONASS, GPS, 4G, LTE, WiFi, Stolen Vehicle Tracking (SVT)) For Safety, Security, Infotainment, Remote Diagnostics & Vehicle to Everything (V2X) Communications report will be of value to current and future potential investors into the automotive industry, as well as companies and research centres who wish to broaden their knowledge of the connected car market.
For sample pages and further information concerning the visiongain report please visit http://www.visiongain.com/Sector/200/Automotive
Email: Sara Peerun on email@example.com
Tel: +44 (0) 20 7336 6100
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to firstname.lastname@example.org or call her on +44 (0) 207 336 6100
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials and Automotive sectors.
Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.
Rising vehicle demand especially in developing economies such as China and India; rising adoption of autonomous vehicles, growing IoT; and other economic factors; are estimated to increase the adoption of biometric vehicle access technologies in passenger vehicles segment
24 May 2021
Factors such as increasing public support for the protection of the environment, increased need to reduce air pollution & safeguard public health, and surge in automobile production are some of the major factors driving the market growth.
06 May 2021
Continuous growth in demand towards connectivity solutions for vehicles and increased government initiatives & support for the development of automotive telematics solutions are some of the major factors driving the market growth.
06 May 2021
Factors such as government regulations regarding safety features, Companies focusing on reducing delivery and vehicle maintenance cost, shortage of drivers, rise in road accidents and efficient yet feature rich modern trucks drives the semi-autonomous and autonomous truck market.