Global Connected Car Market (Technology, Connectivity Solutions, Product and services, Applications and Geography) - Size, Share, Global Trends, Company Profiles, Analysis, Segmentation and Forecast, 2013 - 2020

  • ID: 3046089
  • Report
  • Region: Global
  • 141 pages
  • Allied Analytics LLP
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Connected Cars Market is Expected To Reach $141 Billion, Globally, By 2020

FEATURED COMPANIES

  • AT&T
  • Audi
  • BMW
  • Ford Motors Co.
  • Harman
  • Mercedes-Benz
  • MORE
Connected cars facilitate connectivity on wheels offering comfort, convenience, performance, safety and security combined with powerful network technology. This enables the driver to connect with online platforms and facilitates real-time communication on the go. Rising consumer demands, the need for constant connectivity, increased dependency on technology and the growing number of tech savvy people account for the growth of this market. Over time, various connectivity solutions have been developed by the car manufacturers and service providers such as the Machine-to-Machine (M2M) connectivity platform. This M2M feature in a car enables interconnectivity between two connected cars. Numerous sensors and processors located in the car provide accurate and real-time information to the driver.

The connected car market is expected to generate a revenue of $141 Billion by 2020. Advanced infotainment systems and a fast connection to the wireless network are the two prominent features that potentially enhance the market growth. Technology agreements and collaborations are the key strategies adopted by the market players to enhance their market share. For instance, AT&T is working with automotive manufacturers to provide contextual voice controls, which would help to create a safer driving experience. TomTom has launched the online turn-by-turn navigation service for customers, making it feasible to connect over a network.

Based on connectivity technology, the global connected car market is segmented into 2G, 3G and 4G/LTE. The 2G service used for providing connectivity will gradually fade out in the next few years, which would be replaced by LTE and 3G technology. Some of the prime reasons for this technological shift should be the rapidly changing telecommunication technology and the advent of faster & reliable communication networks.

On the basis of connectivity solutions, the connected car market is segmented into integrated, embedded and tethered solutions. In 2013, embedded connectivity solution lead the market with almost 40% of the global connected cars market share, followed by integrated and tethered connectivity. However, this scenario could change in 2020, as integrated solutions are expected to occupy approximately 45% of the market share. The reason for this drastic change can be attributed to the consumer’s freedom of choice in customizing their connectivity devices and data plans.

Navigation, telematics and infotainment are the major applications of connected cars market. Based on the analysis, navigation should be the fastest growing market during the forecast period. This growth trend observed in the navigation segment is majorly due to the large scale adoption of this service into the connected cars.

On the basis of products and services, the market is segmented into sensors, processors, fleet manager, OEM services, aftermarket services and wireless and cellular modules. Amongst all the product and services, fleet manager was the largest revenue-generating segment in 2013. Due to its wide scale application across diverse industries, fleet manager service, is expected to lead the products and services market segment during the forecast period.

Geographically, the market is segmented into, North America, Europe, Asia Pacific and LAMEA. The Asia-Pacific region indicated a prominent growth and will go on to grow at a CAGR of 35.9% over the forecast period. In the years to come, Asia-Pacific should be a prominent automobile market, owing to the rapidly growing population, rising disposal incomes and a large presence of youth. This in turn should indirectly boost the market for connected cars.

KEY BENEFITS

- Current and future trends adopted by the key market players are highlighted to determine overall competitiveness of the market
- Porters Five Forces analysis and SWOT analysis of the key market players are provided to illustrate the business strategies adopted by buyers and suppliers
- The technology-effective drivers and opportunities are highlighted to describe the top factors responsible for the market growth
- Various operating segments of the connected cars market are carefully analyzed to measure the potential of the emerging market
- The quantitative analysis of the market through 2013-2020 is provided to elaborate the market potential

KEY MARKET SEGMENTS

Global Connected Cars Market by Technology

- 4G/LTE
- 3G
- 2G

Global Connected Cars Market by Connectivity Solutions

- Integrated
- Embedded
- Tethered

Global Connected Cars Market by Products & Services

- Sensors
- Wireless and Cellular Modules
- Processors
- OEM Services
- Aftermarket Services
- Fleet manager

Global Connected Cars Market by Applications

- Navigation
- Telematics
- Infotainment

Global Connected Cars Market by Geography

- North America
- Europe
- Asia Pacific
- LAMEA

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FEATURED COMPANIES

  • AT&T
  • Audi
  • BMW
  • Ford Motors Co.
  • Harman
  • Mercedes-Benz
  • MORE
CHAPTER 1 INTRODUCTION
1.1 Report Description
1.2 Key Benefits
1.3 Research methodology
1.3.1 Secondary research
1.3.2 Primary research
1.3.3 Analyst tools and models
1.4 Reason for doing the study

CHAPTER 2 EXECUTIVE SUMMARY
2.1 Executive summary
2.2 CXO perspective
2.3 Market beyond: what to expect by 2025
2.3.1 Base case scenario
2.3.2 Rapid growth scenario
2.3.3 Critical growth scenario

CHAPTER 3 MARKET OVERVIEW
3.1 Market Definition and Scope
3.2 Key findings
3.2.1 Top Factors Impacting Connected Car’s Market
3.2.2 Top winning strategies in the Connected cars market
3.2.2.1 Agreements:
3.2.2.2 Partnership and collaboration:
3.2.2.3 Product launch:
3.2.3 Top investment pockets
3.3 Porter’s five force analysis
3.3.1 Bargaining power of supplier
3.3.2 Bbargaining power of buyer
3.3.3 Threat of substitution
3.3.4 Threat of new entrant
3.3.5 Competitive rivalry
3.4 Value chain analysis
3.4.1 OEM & Utility manufacturers
3.4.2 Vehicle manufacturers & dealers/distributors
3.4.3 Network, connectivity device and application providers
3.5 Market share analysis, 2013
3.6 Case studies
3.7 Market Dynamics
3.7.1 Drivers
3.7.1.1 24*7 connectivity solution
3.7.1.2 Vehicle diagnostics and maintenance
3.7.1.3 Superior driving experience
3.7.1.4 Alert systems
3.7.1.5 Safety & security
3.7.1.6 Multiple Connectivity solution type
3.7.2 Restraints
3.7.2.1 Hacking
3.7.2.2 Additional expenditure
3.7.2.3 Non availability of uninterrupted & seamless connectivity
3.7.2.4 Lack of awareness
3.7.3 Opportunities
3.7.3.1 Intelligent transportation system
3.7.3.2 Data analysis

CHAPTER 4 GLOBAL CONNECTED CARS MARKET BY, TECHNOLOGY
4.1 4G/LTE
4.1.1 Key market trends
4.1.2 Competitive Scenario
4.1.3 Key market drivers and opportunities
4.1.4 Market Size and Forecast
4.2 3G
4.2.1 Key market trends
4.2.2 Competitive Scenario
4.2.3 Key market drivers and opportunities
4.2.4 Market Size and Forecast
4.3 2G
4.3.1 Key market trends
4.3.2 Competitive Scenario
4.3.3 Key market restraints
4.3.4 Market Size and Forecast

CHAPTER 5 GLOBAL CONNECTED CARS MARKET, BY CONNECTIVITY SOLUTIONS
5.1 Introduction
5.1.1 Market Size and Forecast
5.2 Integrated
5.2.1 Market Size and Forecast
5.3 Embedded
5.3.1 Market Size and Forecast
5.4 Tethered
5.4.1 Market Size and Forecast

CHAPTER 6 GLOBAL CONNECTED CARS MARKET, BY APPLICATIONS
6.1 Navigation
6.1.1 Market size and Forecast
6.2 Telematics
6.2.1 Market size and Forecast
6.3 Infotainment
6.3.1 Market size and Forecast

CHAPTER 7 GLOBAL CONNECTED CARS MARKET, BY PRODUCTS & SERVICES
7.1 Sensors:
7.1.1 Key market trends:
7.1.2 Competitive Scenario:
7.1.3 Key Growth Factors and Opportunities:
7.1.4 Market size and Forecast
7.2 Processors:
7.2.1 Key market trends:
7.2.2 Competitive scenario:
7.2.3 Key Growth factors and opportunities:
7.2.4 Market size and Forecast
7.3 Fleet Manager:
7.3.1 Key market Trends:
7.3.2 Competitive Scenario:
7.3.3 Growth Factors and opportunities:
7.3.4 Market size and Forecast
7.4 Wireless and cellular Modules:
7.4.1 Key Trends:
7.4.2 Competitive Scenario:
7.4.3 Growth Factors and Opportunities:
7.4.4 Market size and Forecast
7.5 OEM services:
7.5.1 Key Market Trends:
7.5.2 Competitive Scenario:
7.5.3 Growth factors and opportunities:
7.5.4 Market size and Forecast
7.6 Aftermarket Services:
7.6.1 Key trends:
7.6.2 Competitive Scenario:
7.6.3 Growth Factors and Opportunities:
7.6.4 Market size and Forecast

CHAPTER 8 GLOBAL CONNECTED CARS MARKET, BY GEOGRAPHY
8.1 Introduction
8.1.1 Market size and Forecast
8.2 North America
8.2.1 Key Market Trends:
8.2.2 Competitive Scenario:
8.2.3 Growth factors and opportunities:
8.2.4 Market size and Forecast
8.3 Europe:
8.3.1 Key Market Trends:
8.3.2 Competitive Scenario:
8.3.3 Growth Factors and Opportunities:
8.3.4 Market size and Forecast
8.4 Asia Pacific:
8.4.1 Key Market trends:
8.4.2 Competitive Scenario:
8.4.3 Growth Factors and Opportunities:
8.4.4 Market size and Forecast
8.5 LAMEA:
8.5.1 Key Trends:
8.5.2 Competitive Scenario:
8.5.3 Growth Factors and Opportunities:
8.5.4 Market size and Forecast

CHAPTER 9 COMPANY PROFILE
9.1 Telefonica:
9.1.1 Company Overview:
9.1.2 Company Snapshot:
9.1.3 Business Performance:
9.1.4 Strategic Moves and Development:
9.1.5 SWOT analysis:
9.2 Verizon
9.2.1 Company Overview:
9.2.2 Company Snapshot
9.2.3 Business performance:
9.2.4 Strategic Moves and Development:
9.2.5 SWOT analysis:
9.3 Harman
9.3.1 Company Overview:
9.3.2 Company Snapshot
9.3.3 Business performance:
9.3.4 Strategic Moves and Development:
9.3.5 SWOT Analysis:
9.4 TomTom:
9.4.1 Company Overview:
9.4.2 Company Snapshot
9.4.3 Business Performance:
9.4.4 Strategic Moves and Development:
9.4.5 SWOT Analysis:
9.5 AT&T
9.5.1 Company Overview:
9.5.2 Company Snapshot
9.5.3 Business performance:
9.5.4 Strategic Moves and Developments:
9.5.5 SWOT analysis:
9.6 Vodafone Group Plc
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Business performance
9.6.4 Strategic moves and developments
9.6.5 SWOT analysis and strategic conclusion
9.7 Ford Motors Co.
9.7.1 Company Profile
9.7.2 Company Snapshot
9.7.3 Business Performance
9.7.4 Strategic Moves and Development
9.7.5 SWOT analysis
9.8 BMW
9.8.1 Company Overview:
9.8.2 Company Snapshot
9.8.3 Business performance:
9.8.4 Strategic Moves and Development
9.8.5 SWOT analysis
9.9 Audi
9.9.1 Company Profile
9.9.2 Company Snapshot
9.9.3 Business performance:
9.9.4 Strategic Moves and Development:
9.9.5 SWOT analysis
9.10 Mercedes-Benz
9.10.1 Company Profile
9.10.2 Company Snapshot
9.10.3 Business performance
9.10.4 Strategic Moves and Developments
9.10.5 SWOT analysis

List Of Tables
Table 1 Gobal Connected Cars Market, 2013-2020 ($Million)
Table 2 Connected Cars Market, Base Case Scenario (2020-2025)
Table 3 Connected Cars Market, Rapid Growth Scenario (2020-2025)
Table 4 Connected Cars Market, Critical Growth Scenario (2020-2025)
Table 5 Global Connected Cars 4g Technology Market By Geography, 2013-2020 ($Million)
Table 6 Global Connected Cars 3g Technology Market By Geography, 2013-2020 ($Million)
Table 7 Global Connected Cars 2g Technology Market By Geography, 2013-2020 ($Million)
Table 8 Key Difference Between Embedded Tethered And Integrated Connectivity
Table 9 Global Sales Forecast Of Original Vehicle Manufacturer Connectivity Solutions In Passenger Car
Table 10 Global Connected Cars Connectivity Solutions Market By Geography, 2013-2020 ($Million)
Table 11 Global Connected Cars Integrated Market By Geography, 2013-2020 ($Million)
Table 12 Global Connected Cars Embedded Market By Geography, 2013-2020 ($Million)
Table 13 Global Connected Cars Tethered Market By Geography, 2013-2020 ($Million)
Table 14 Global Connected Cars Application Market By Geography, 2013-2020 ($Million)
Table 15 Global Connected Cars Navigation Market By Geography, 2013-2020 ($Million)
Table 16 Global Connected Cars Telematics Market By Geography, 2013-2020 ($Million)
Table 17 Global Connected Cars Infotainment Market By Geography, 2013-2020 ($Million)
Table 18 Global Connected Cars Sensors Market By Geography, 2013-2020 ($Million)
Table 19 Global Connected Cars Processors Market By Geography, 2013-2020 ($Million)
Table 20 Global Connected Cars Fleet Manager Market By Geography, 2013-2020 ($Million)
Table 21 Global Connected Cars Wireless And Cellular Modules Market By Geography, 2013-2020 ($Million)
Table 22 Global Connected Cars Oem Services Market By Geography, 2013-2020 ($Million)
Table 23 Global Connected Cars Aftermarket Service Market By Geography, 2013-2020 ($Million)
Table 24 Global Connected Cars Market By Application, 2013-2020 ($Million)
Table 25 North American Connected Cars Market By Application 2013-2020 ($Million)
Table 26 Europe Connected Cars Market By Application, 2013-2020 ($Million)
Table 27 Asia-Pacific Connected Cars Market By Application, 2013-2020 ($Million)
Table 28 Lamea Connected Cars Market By Application, 2013-2020 ($Million)
Table 29 Snapshot Of Telefonica
Table 30 Snapshot Of Verizon
Table 31 Snapshot Of Harman
Table 32 Tomtom Company Snapshot
Table 33 At&T Company Snapshot
Table 34 Vodafone Group Plc, Company Snapshot
Table 35 Ford Motors Company Snapshot
Table 36 Bmw Company Snapshot
Table 37 Audi Company Snapshot
Table 38 Mercedes-Benz Company Snapshot

List Of Figures
Fig. 1 Top Impacting Factors, Base Case Scenario (2020-2025)
Fig. 2 Top Impacting Factors, Rapid Growth Scenario (2020-2025)
Fig. 3 Top Impacting Factors, Critical Growth Scenario (2020-2025)
Fig. 4 Top Impacting Factors
Fig. 1 Top Winning Strategies In The Connected Cars Market
Fig. 2 Top Investment Pockets
Fig. 3 Porter’s Five Force Analysis
Fig. 4 Value Chain Analysis Of Connected Cars Market
Fig. 5 Market Share Analysis, 2013
Fig. 6 4g Vs. 3g Data Consumption Pattern Through Smartphones
Fig. 7 Telefonica Revenue (2011-2013, $Million)
Fig. 8 Telefonica Revenue By Geography
Fig. 9 Telefonica Revenue By Country
Fig. 10 Swot Analysis Of Telefonica
Fig. 11 Verizon Revenue (2011-2013, $Million)
Fig. 12 Swot Analysis Of Verizon
Fig. 13 Harman Revenue (2012-2014, $Million)
Fig. 14 Harman Revenue By Segments
Fig. 15 Harman Revenue By Automotive Companies
Fig. 16 Swot Analysis Of Harman
Fig. 17 Tomtom Revenue (2012-2013, $Million)
Fig. 18 Tomtom Revenue By Segments
Fig. 19 Tomtom Revenue By Geography
Fig. 20 Swot Analysis Of Tomtom
Fig. 21 At&T Revenue (2012-2013, $Million)
Fig. 22 At&T Revenue By Segment
Fig. 23 Swot Analysis Of At&T
Fig. 24 Vodafone Revenue By Type
Fig. 25 Vodafone Revenue By Geography
Fig. 26 Swot Analysis Of Vodafone Group Plc
Fig. 27 Ford Motor Co. Revenue (2012-2013, $Million)
Fig. 28 Ford Revenue By Segments
Fig. 29 Ford Revenue By Geography
Fig. 30 Swot Analysis Of Ford Motor Co.
Fig. 31 Bmw Revenue (2012-2013, $Million)
Fig. 32 Bmw Revenue By Segment
Fig. 33 Bmw Revenue By Geography
Fig. 34 Swot Analysis Of Bmw
Fig. 35 Audi Revenue (2012-2013, $Million)
Fig. 36 Audi Revenue By Segments
Fig. 37 Swot Analysis Of Audi
Fig. 38 Mercedes Benz Revenue (2012-2013, $Million)
Fig. 39 Mercedes Benz Revenuie By Segments
Fig. 40 Swot Analysis Of Mercedes-Benz

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FEATURED COMPANIES

  • AT&T
  • Audi
  • BMW
  • Ford Motors Co.
  • Harman
  • Mercedes-Benz
  • MORE
According to the report titled "Global Connected Cars Market (Technology, Connectivity Solutions, Application, Products & Services and Geography) -Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020", the global connected cars market is forecast to reach $141 Billion by 2020, growing at a CAGR of 32.7% during the period (2014 - 2020). Integrated connectivity solutions segment is expected to emerge as a preferred connectivity solutions for connected cars, surpassing embedded connectivity solutions segment in 2016. North America currently garners major market share and would maintain the position throughout the forecast period.

The availability of faster communication networks, advanced connectivity solutions and a user friendly interface should drive global connected car market. Also, an enhanced driving experience, offered by connected cars and favorable rules & regulations across numerous countries will fuel the market growth. North America is a relatively mature market for connected cars, as it was amongst the first regions to adopt this new technology. The European connected car market will foresee tremendous growth with the passing of Ecall regulations by the European Parliament. This rule mandates the installation of an Ecall System for every car in production from the year 2015. The eCall system automatically alerts the nearest help service in case of an emergency. This system cuts the emergency service response time by 50% to 60%. The European Union claims that mandating the eCall system could approximately save up to 2,500 lives every year. Following this, Russia and Brazil also look forward to implement a similar kind of legislation into their country. This would also help in tracing cases of car thefts. A research undertaken by the US National Highway Traffic Safety Administration (NHTSA), states that the American government is also looking forward to mandate the use of M2M connectivity solutions into the vehicles. In the years to come, Asia-Pacific should be a prominent automobile market for connected cars, owing to rising disposal incomes and a growing population of tech savvy youth in this region.

2G, 3G and 4G/LTE are the network technologies that are deployed for connectivity within the cars. Amongst these, 2G technology used for providing connectivity will gradually fade out, and will be replaced by the 3G and LTE technologies. Some of the prime reasons for this technological shift would be the rapidly changing telecommunication technology and the introduction of faster & reliable communication networks.

Integrated, tethered and embedded are the network solutions used in connected cars. In 2013, embedded connectivity solutions led the market with a share of almost 40% of the global connected cars, followed by integrated and tethered connectivity. However, the prevailing scenario should change by the year 2020, as integrated solutions would lead the market by accounting about 45% of the market share. Freedom of choice provided to the users to customize their connectivity device, data plans, etc. according to their preference and stipulated budget in integrated solutions could be the main reason for this drastic change in its market share. Embedded connectivity solutions would give a tough competition to the integrated connectivity solutions in terms of revenue generation and would hold second position in the market due to its ability to function even in the absence of a mobile connection or a drained battery. In embedded connected cars, the SIM or connectivity device is in built, enabling the system to send an SOS in case of an emergency.

Key findings of the study:
- 2G network technology will slowly fade out giving way to advanced telecommunication technology namely 3G and 4G
- By 2020, integrated and embedded solutions will be amongst the most popular connectivity solutions in the connected car market and would together account for about 80% of the overall market
- North America and Europe would prove to be the most lucrative markets in terms of revenue generation, whereas the Asia-Pacific market will grow fastest
- Navigation and infotainment services together occupied almost 80% of the market share in 2013 and would maintain steady growth during the forecast period
- Growing demand for connectivity solutions within the vehicle and the rising number of tech savvy youth are two prime factors that will drive the global connected cars market

Telefonica, Verizon, Harman, TomTom, AT&T Inc., Ford, BMW Audi and Mercedes Benz are the major market players that are profiled in the report. Collaboration and product launch are the prime corporate strategies adopted by these companies. AT&T and Audi have entered into a collaboration to bring 4G LTE technology to their connected cars. With the connectivity service provided by AT&T, Audi's consumers could avail data plans at a reasonable price. Many automakers are teaming up with software providers in order to improve their connected car services. BMW USA, has collaborated with Apple Inc. for software development solutions. AT&T is associated with 13 companies including LG, the South Korean giant, for R&D in the market of connected cars. These collaborations account for stable product offerings where knowledge and technology are shared on a single platform.

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- AT&T
- Audi
- BMW
- Ford Motors Co.
- Harman
- Mercedes-Benz
- Telefonica
- TomTom
- Verizon
- Vodafone Group Plc

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