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Global Connected Car M2M Market - Analysis By Product, Technology & Application - Increased Customer Demand for Advanced Infotainment Services - Research and Markets

[April 26, 2017]

Global Connected Car M2M Market - Analysis By Product, Technology & Application - Increased Customer Demand for Advanced Infotainment Services - Research and Markets

Research and Markets has announced the addition of the "Global Connected Car M2M Market 2017-2021" report to their offering.

The global connected car M2M market to grow at a CAGR of 27.52% during the period 2017-2021.

The report, Global Connected Car M2M Market 2017-2021, 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.

One trend in market is big data platform provided by connected cars to foster further developments. The growth of connectivity solutions in the automotive segment provides a huge opportunity to the automobile OEMs to develop an efficient product for the customers using real-time data. This data is expected to grow further due to the increasing adoption of connected cars during the forecast period. Fo instance, telematic devices will produce data for information like date, time, speed, acceleration, deceleration, cumulative mileage, fuel consumption, and navigation details. This data is approximately in the range of 6 MB to 20 MB per customer annually. Hence, the total data will be more than 1 TB per year for 100,000 vehicles. Such crucial data can be used by many stakeholders to augment their revenue stream.

Key vendors