The Connected Car Ecosystem Market Opportunities, Growth, Size, Share and Forecast

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Connected car services to reach $`14 billion by the end of 2016
Global (28th July 2016)- The recent research report on connected car services indicates that the
annual revenue of the industry will reach up to $14 billion by the end of 2016. It has been
observed that the proliferation growth which is embedded in the in-vehicle connectivity, as well
as smartphone integrated platforms, has made the connected cars industries as one of the most
fastest growing segments of the IOT (Internet of Things) market.
The report on that predicts the growth of the connected car services is a professionally prepared
report that focuses on the in-depth analysis as well as throws light on the all the key variables
that are responsible for preparing the content of report retaining its originality as well as
authenticity.
The report majorly focuses on the investment infrastructure which has been provided in the
connected car programs. All the major automotive OEM’s are investing in the services in order
to receive the post-sale service revenue. Apart from it, other ecosystem players in the field of
mobile operators as well as the telematics specialists are also planning to avail the opportunity
in a great way.
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The report signifies the expansion of the mobile operators who are moving beyond their
traditional role as connectivity providers, to offer end-to-end connected car platforms directly to
automotive OEMs and aftermarket suppliers. For all the new entrants as well as prospective
players the report is an opportunity to get themselves acquainted with the details and the trends
that are existing within the connected car industry. This will help them in providing a competitive
edge over their industry competitors and will also open the prospects for the investment
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purposes. It will also provide them with an opportunity to keep a proper track of the industry
that will play a significant role in their business growth.
Owing to the factors like annual revenue, driven by a host of applications, including but not
limited to infotainment, navigation, fleet management, remote diagnostics, automatic crash
notification, enhanced safety, UBI (Usage Based Insurance), traffic management and semiautonomous driving, the report states that by the end of the year 2016, the connected car
services will account for $14 Billion in annual revenue.
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The report talks about the various opportunities, challenges as well as forecasts that can be
looked after in the connected car ecosystem which also includes OEM connected car programs,
enabling technologies, key trends, market drivers, challenges, applications, collaborative
initiatives, regulatory landscape, standardization, opportunities, future roadmap, value chain,
ecosystem player profiles and strategies.
It also throws light on the market size as well as the forecasts that are predicted by the experts
in the connected car services from 2016 through to 2030. The report gives out the forecasts in
three various segments in the form of models, application categories as well as regions and
country wise specifications.
The report will be of value to current and future potential investors into the connected car
ecosystem in terms of helping them broaden their knowledge and industry acumen.
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Market Reports Center
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The recent research report on connected car services indicates that the annual revenue of the industry will reach up to $14 billion by the end of 2016.