Connected Cars Market, Spurred By Increasing Smartphone Usage & Need For Real-time Data, Expected to Register A Tremendous Amount of Growth Till 2021

Hyderabad, India, March 18, 2017 (GLOBE NEWSWIRE) -- The report “Connected Cars Market: By Connectivity Type (4G LTE, 3G, Wifi, Others), By Type of Interaction (Vehicle-to-Vehicle, Vehicle-to-Infrastructure, Others), By Features (Navigation, System Diagnosis, Safety & Security, Others)-Forecast (2016-2021)”, published by IndustryARC, estimates that North America, the bedrock of automotive innovation, to be a key future growth driver.

Browse 20 Market Tables, 50 Figures spread through 148 Pages and an in-depth TOC on “Connected Cars Market 2016 – 2021” 
http://industryarc.com/Report/15039/connected-cars-market.html

Scope & Regional Forecast of the Connected Cars Market

A connected car is a vehicle equipped with internet access allowing the car to communicate with devices both inside as well as outside the vehicle. The connectivity features in vehicles have been on the rise in recent years as demand for IoT (Internet of Things) enabled devices rise in the automotive industry. The growing smartphone usage has also prompted development of connected services in vehicles that leverage these smartphones. These services primarily include hands free operation and fleet management capabilities.

Connected cars assist drivers by enhancing the capability to keep track of the vehicle and improve the driver experience. Vehicle Health Monitoring is one of the features of connected car that it would diagnose the vehicles performance and send the data to the manufacturer. This would let the design engineers to get real time data, which could be used for designing future models. The increased sales of automobiles are set to propel the connected car market driven by demand for these features.

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Prominent Segmentations Involved in the Connected Cars Market

The Connected Cars Market can be broken down into various segmentations on the basis of -

• Battery Type: Lead Acid Batteries, Lithium Ion Batteries, Nickel Metal Hydride Batteries and Others.
  
• Vehicle Type: Electric Bikes, Electric Cars, Hybrid Cars and Others.
  
• Geographical Location: North America, Europe, Asia-Pacific and Rest of the World.
  

Some of the sample companies profiled in the Connected Cars Market report are as follows:

• General Motors Company
  
• NXP Corporation
  
• Bayerische Motoren Werke(BMW) AG
  
• Honda Motor Co. Ltd.
  
• Toyota Motor Corporation
  
• Ford Motor Company
  
• Telestra Corporation
  
• Hyundai Motor Company
  
• AT&T Inc.
  
• Broadcom Corporation
  

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Why buy this report?
Get a detailed picture of the Connected Cars Market.
Pinpoint growth sectors and identify factors driving change.
Understand the competitive environment, the market’s major players and leading brands.
A five-year forecast method is used in order to assess how the market is predicted to develop.

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