connected car m2m connection and services market in the us 2015-2019
TRANSCRIPT
Connected Car M2M Connection and Services Market in the US 2015-2019
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Connected Car M2M Connection and Services Market in the US 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
For more information on theConnected Car M2M
Connection and Services Market in the US 2015-2019,
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Key Trends
Technavio’s Senior Analyst says, “In coming years, the market will experience numerous trends aiding to market growth. Increased use of advanced sensors and chips inside connected cars helps OEMs to keep an eye on every movement of drivers as well as the car. These chips alerts drivers in case of emergency and also help them to avoid accidents.”
• Connected cars are equipped with Internet and wireless devices that help automobiles to connect with networks or services outside the car. M2M connections are established between two electronic or mechanical devices for automated data transmission.
• Technavio's analysts forecast the connected car M2M services market in the US to grow at a CAGR of 14.43% and the connected car M2M connections market in the US to grow at a CAGR of 28.47% over the period 2015-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Connected Car M2M Connection and Services Market in the US 2015-2019
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Vendors
To understand the vendor landscape and for a full list of vendors view our report:
Connected Car M2M Connection and Services Market in the US 2015-2019
BMW
Gemalto
General Motors
BMW is a German automobile manufacturing company. It was founded in 1916 and is headquartered in Munich, Bavaria, Germany. It develops, manufactures, and sells cars, motorcycles, and engines worldwide.
Gemalto was established in June 2006 with the merger of Axalto Holding (Initial Public Offering spin-off of Schlumberger) and Gemplus International (supplier of prepaid phone cards). It is headquartered in Amsterdam, the Netherlands. It protects, verifies and manages digital identities and interactions.
General Motors was incorporated in 1908 and is headquartered in Detroit, Michigan, US. The company undertakes the designing, manufacturing, and marketing of cars, trucks, crossovers, and automobile parts worldwide.
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Market Landscape
• The growth of the connected car M2M connections market can be attributed to multiple factors such as changing perception of individual users toward safety and security, changing demographics of individual car users, and government regulations related to connected cars.
• In addition, global telecom operators are trying to connect cars with entertainment, safety, security, and maintenance services through their high-speed wireless networks, thereby enhancing their revenue from data services.
• The use of M2M in the automotive sector is very high in the US, especially in the embedded telematics segment.
• In the US, many cars have vehicle platforms such as OnStar, SYNC, and OnCall that enable multiple connected car M2M service options.
• In addition, most of the automotive OEMs have to provide factory-installed connected car devices because of government regulations on vehicle safety and security.
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Key Buying Criteria
• Authenticity • Delivery • Price• Service
Support
Parameter Details
Advances in Technology
The market is witnessing a rapid technological revolution. Therefore, advanced and recent technologies are the key criteria considered while buying an M2M device.
CostsPrice wars among vendors have made customers prefer low-cost M2M devices.
Features The features offered by the M2M device should be user-friendly and convenient.
Reliability Wireless M2M devices should offer reliable services to users.
Security
Data protection services such as fail-safe file systems and encryption engines help increase application security.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Connected Car M2M Connection and Services
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