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United States Connected Car M2M Connections and Services Market 2016-2020 - Research and MarketsResearch and Markets has announced the addition of the "Connected Car M2M Connections and Services Market in the US 2016-2020" report to their offering. The connected car M2M connections and services market in the US to grow at a CAGR of 28.62% during the period 2016-2020. 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. 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. 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 apects. 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. 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 - Infotainment - Vehicle Management - Insurance-based telematics - Others Key vendors - Audi Connect - BMW - Gemalto - BMW - General Motors - Sierra Wireless (News - Alert) - Verizon Telematics Other prominent vendors - Aeris - Airbiquity - Alcatel-Lucent - AT&T - Autonet Mobile - Axway - Bell Mobility - Broadcom - Daimler - Ericsson - Ford Motors - Harman International - HERE - Hyundai Motors - IBM - Intel - Intelligent Mechatronic Systems (IMS) - Mercedes-Benz Connect - Parrot Automotive - PSA Peugeot Citroën - Qualcomm - Tech Mahindra - Toyota Motors - Volkswagen For more information visit http://www.researchandmarkets.com/research/g69p78/connected_car_m2m
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