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Global Connected Car Markets, 2019-2020 & Forecast to 2025 - Demand for Enhanced Driving Experience / Growing Concern for Safety and Security / Introduction of IoT in Automotive IndustryDUBLIN, Nov. 23, 2020 /PRNewswire/ -- The "Connected Car Market Research Report: By Service, Technology, Application, Connectivity, End Use - Global Industry Analysis and Growth Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The global connected car market reached a value of $72,499.2 million in 2019, and it is projected to attain a value of $198,459.7 million by 2025, progressing at a 24.1% CAGR during the forecast period (2020-2025). The growing demand for improved driving experience is the key reason for the expansion of the connected car market across the globe. As the urbanization is rising, the need for vehicles for both commercial and personal uses has increased as well. This has led to an increased number of vehicles on roads that are causing traffic jams. These problems can be taken care of to some extent with the aid of innovative connectivity features. In addition to this, the surging concerns regarding safety and security are also projected to result in the growth of the connected car market in the years to come. Technologies including automatic braking, ADAS, and lane assistance can considerably help in improving the driving experience significantly. These technologies aid in decreasing traffic rule violations, causing a decline in road accidents. Owing to these factors, the integration of safety and security solutions in new vehicles are increasing. In conclusion, the demand for connected cars is growing due to the rising need for enhanced driving experience and increasing security and safety concerns among people. Key Topics Covered: Chapter 1. Research Background 1.1 Research Objectives 1.2 Market Definition 1.3 Research Scope 1.4 Key Stakeholders Chapter 2. Research Methodology 2.1 Secondary Research 2.2 Primary Research 2.3 Market Size Estimation 2.4 Data Triangulation 2.5 Assumptions for the Study Chapter 3. Executive Summary Chapter 4. Introduction 4.1 Definition of Market Segments 4.1.1 By Service 4.1.1.1 Driver assistance 4.1.1.2 Entertainment 4.1.1.3 Vehicle Safety 4.1.1.4 Mobility Management 4.1.1.5 Fleet Management 4.1.1.6 Others 4.1.2 By Technology 4.1.2.1 2G/3G 4.1.2.2 4G/LTE 4.1.2.3 5G 4.1.3 By Application 4.1.3.1 Navigation 4.1.3.2 Infotainment 4.1.3.3 Telematics 4.1.4 By Connectivity 4.1.4.1 Embedded 4.1.4.2 Integrated 4.1.4.3 Tethered 4.1.5 By End Use 4.1.5.1 OEM 4.1.5.2 Aftermarket 4.2 Value Chain Analysis 4.3 Market Dynamics 4.3.1 Trends 4.3.1.1 Emergence of AI 4.3.2 Drivers 4.3.2.1 Demand for enhanced driving experience 4.3.2.2 Growing concern for safety and security 4.3.2.3 Introduction of IoT in automotive industry 4.3.3 Restraints 4.3.3.1 Lack of infrastructure 4.3.4 Opportunities 4.3.4.1 Deployment of connected cars in MaaS model 4.3.4.2 Potential growth opportunities in the developing economies 4.4 Porter's Five Forces Analysis Chapter 5. COVID-19 Impact on the Global Connected Car Market Chapter 6. Global Market Size and Forecast 6.1 By Service 6.2 By Technology 6.3 By Application 6.4 By Connectivity 6.5 By End Use 6.6 By Region Chapter 7. North America Market Size and Forecast 7.1 By Service 7.2 By Technology 7.3 By Application 7.4 By Connectivity 7.5 By End Use 7.6 By Country Chapter 8. Europe Market Size and Forecast Chapter 9. APAC Market Size and Forecast Chapter 10. LAMEA Market Size and Forecast Chapter 11. Competitive Landscape 11.1 Market Share Analysis of Key Players 11.2 Competitive Benchmarking of Key Players 11.3 Global Strategic Developments of Key Players 11.3.1 Product Launches 11.3.2 Partnerships 11.3.3 Facility Expansions 11.3.4 Investments 11.3.5 Other Developments Chapter 12. Company Profiles 12.1 Business Overview 12.2 Product and Service Offerings 12.3 Key Financial Summary
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