Verifiedmarketresearch has published a report entitled Global Connected Car Market Research Report 2019 that is a detailed observation of several aspects, including the rate of growth, technological advances and various strategies implemented by the main current market players. The report is based on a collective analysis of data, which is obtained through primary and secondary research. It provides a systematic approach to the current and prospective scenario of this market.
According to Verified Market Research, the global connected car market was valued at USD 65.55 Billion in 2018 and is projected to reach USD 196.04 Billion by 2026, growing at a CAGR of 14.7% from 2019 to 2026.
The major manufacturers covered in this report- Bosch, Continental AG, Delphi Technologies PLC, DENSO Corporation, Harman International Industries, Inc., Infineon Technologies AG, NXP Semiconductors N.V., Toyota Motor Corporation, Valeo, and ZF Friedrichshafen AG.
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What is the Connected Car?
Connected Car is a smart car which is connected with IoTs (Internet of Things) and other vehicles around it via internet and other local networks or personal networks. Connected cars can share data and information with each other. It is very useful in traffic updates, car safety and road safety. These cars are comfortable and easy to use as equipped with the latest technologies which allow the driver to use apps, connect with IoTs for safety and security, contact the dealer for maintenance and download software.
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Global Connected Car Market, By Type
- Connected Services
- Safety & Security
- Autonomous Driving
Global Connected Car Market, By Application
- Embedded
- Tethered
- Integrated
Market Segment by Regions, regional analysis covers 2019-2026:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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What are the Connected Car market factors that are explained in the report
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: The Global Connected Car Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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