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Connected Car M2M Connections and Services Market Growth, Trends, Analysis and Forecast

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According to the report, a key growth driver is the availability of embedded telematics solutions. The integrated telematics penetration is increasing YoY in the US.
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Connected Car M2M Connections and Services Market Share,
Size, Global Insights, Emerging Trends, Growth Drivers and
Future Outlook: Market Reports Center
Summary
Technavio Announces the Publication of its Research Report – Connected Car M2M Connections and
Services Market in US 2016-2020
Technavio recognizes the following companies as the key players in the connected car M2M connections
and services market in the US: Audi Connect, BMW, Gemalto, BMW, General Motors, Sierra Wireless,
Verizon Telematics.
Other Prominent Vendors in the market are: Aeris, Airbiquity, Alcatel-Lucent, Apple, AT&T, Autonet
Mobile, Axway, Bell Mobility, Broadcom, CalAmp, Daimler, Ericsson, Ford Motors, Google, Harman
International, HERE, Hyundai Motors, IBM, Intel, Intelligent Mechatronic Systems (IMS), Mercedes-Benz
Connect, Microsoft, Parrot Automotive, PSA Peugeot Citroën, Qualcomm, Tech Mahindra, Toyota
Motors, Volkswagen, and Wipro.
”
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Commenting on the report, an analyst from Technavio’ s team said: “A trend which is expected to have
a big impact is the deployment of V2X technology in vehicles. V2V technology has already gained
importance in the automotive industry as it enables vehicles to send or receive any appropriate
information during transit. As of 2015, V2X technology is gaining momentum in the connected car
segment. This technology allows a vehicle to communicate, through the Internet, with any entity or
infrastructure such as another vehicle with connected devices, vehicle management system provider,
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smart parking solutions installed in a locality, on-road sensors for turning and speed breakers.”
According to the report, a key growth driver is the availability of embedded telematics solutions. The
integrated telematics penetration is increasing YoY in the US. This penetration is growing due to the
growing demand for smartphones and the regulations for the safety aspects. In the age of exponential
technological advancements, basic delivery of safety features in vehicles does not acquire any
competitive edge.
Further, the report states that one challenge that could curtail market growth is the high cost of
connected car M2M equipment and services.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
About the Connected Car M2M Connections and Services Market in US
The connected car market has been fueled by factors such as rising demand for constant connectivity,
increased dependency on technology, and the growing number of tech-savvy customers.
Over the years, automotive manufacturers and service providers have been developing connectivity
solutions such as M2M connectivity platforms. M2M connectivity enables the interconnectivity between
two vehicles. Innumerable sensors and processors integrated into a car provide accurate and real-time
information about the surrounding environment to the driver.
Technavio’ s analysts forecast the connected car M2M connections and services market in the US to
grow at a CAGR of 28.62% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the connected car M2M
connections and services market in the US for 2016-2020. To calculate the market size, the report
considers the following:
Service revenue generated from OEMs and aftermarket equipment; for instance, the revenue includes
the per year service revenue of Audi connect, not the device or module cost installed in the vehicle
Revenue from infotainment, navigation, and telematics services; other services include vehicle
management, on-drive management, safety and security, and driver assistance.
Data analytic services and automotive apps
The market is divided into the following segments based on application:
• Security and safety
• Driver assistance
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• Infotainment
• Vehicle Management
• Insurance-based telematics
• Others
Technavio's report, Connected Car M2M Connections and Services Market in US 2016-2020, 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.
Key vendors
• Audi Connect
• BMW
• Gemalto
• BMW
• General Motors
• Sierra Wireless
• Verizon Telematics
Other prominent vendors
• Aeris
• Airbiquity
• Alcatel-Lucent
• Apple
• AT&T
• Autonet Mobile
• Axway
• Bell Mobility
• Broadcom
• CalAmp
• Daimler
• Ericsson
• Ford Motors
• Google
• Harman International
• HERE
• Hyundai Motors
• IBM
• Intel
• Intelligent Mechatronic Systems (IMS)
• Mercedes-Benz Connect
• Microsoft
• Parrot Automotive
• PSA Peugeot Citroën
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• Qualcomm
• Tech Mahindra
• Toyota Motors
• Volkswagen
• Wipro
Market driver
• Growth in embedded telematics solutions
• For a full, detailed list, view our report
Market challenge
• High cost of connected car M2M equipment and services
• For a full, detailed list, view our report
Market trend
• Deployment of V2X technology in vehicles
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Table of Content
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
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PART 06: Market segmentation by application
• Connected car M2M services market in US by application
• Safety and security
• Driver assistance
• Infotainment
• Vehicle management
• Insurance-based telematics
PART 07: Market segmentation by connections unit
• Connected car M2M connections market in US
PART 08: Market segmentation by usage
• Connected car M2M services market in US by usage
• Connected car M2M OEM market in US
• Connected car aftermarket in US
PART 09: Market drivers
PART 10: Impact of drivers
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Market Reports Center
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[email protected]
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