DUBLIN--(BUSINESS WIRE)--The "Connected Car Market by Service (Connected Services, Safety & Security, and Autonomous Driving), Form (Embedded, Tethered, and Integrated), Network (DSRC, and Cellular), End Market, Transponder, Hardware, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global connected car market is estimated to be USD 72.89 billion in 2017 and is projected to reach USD 219.21 billion by 2025, at a CAGR of 14.8% from 2017 to 2025.
Some of the major drivers identified are increase in industry compliance norms and government mandates supporting connected technology in passenger cars. However, factors such as network coverage limitation, lag in lack of standardization, and concerns related to data privacy and cybersecurity may hinder the growth of the connected car market in the future.
The connected services segment is expected to account for the largest market share in the global connected car market, which would grow at a significant CAGR during the forecast period. The growth of connected car services is expected to be driven by an increase in demand for convenient features and increase in government mandates.
Furthermore, to understand the type of end market, the report discusses the market for connected car under 2 distinctive end market types, namely, Original Equipment Manufacturer (OEM) and aftermarket.
To understand the market in different forms, the connected car market is segmented into embedded, tethered, and integrated; by hardware into smart antenna, display, Electronic Control Unit (ECU), and sensors; by transponder into roadside unit and on-board unit; and by network into Dedicated Short-Range Communication (DSRC) and cellular.
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Connected Car Market for Automotive, By Service
7 Connected Car Market for Automotive, By End Market
8 Connected Car Market for Automotive, By Form
9 Connected Car Market for Automotive, By Hardware
10 Connected Car Market for Automotive, By Transponder
11 Connected Car Market for Automotive, By Network
12 Connected Car Market for Automotive, By Region
13 Competitive Landscape
14 Company Profiles
- Aisin Seiki
For more information about this report visit https://www.researchandmarkets.com/research/bq2s7z/connected_cars?w=4