DUBLIN—The "Global Connected Car Market (2016-2022)" report has been added to Research and Markets' offering.

The global Connected Car market was 32.12 billion USD in 2016 and is estimated to reach 96.39 billion USD by 2022, at a CAGR of 20.1% for the forecasted period. Advanced infotainment systems and a fast connection to the wireless network are the two prominent features that potentially enhance the market growth.

The Asia-Pacific region recorded an outstanding growth and is expected to grow at a CAGR of more than 25% during the forecast period. In future, Asia-Pacific should be a prominent automobile market, owing to the rapidly increasing population, rising disposable incomes and a large presence of youth. North America and Eastern Europe are the two major markets for connected cars. But APAC (India and China) is expecting huge growth in the industrial and infrastructure sectors in the coming years.

Rising demand of consumers for Smartphone features such as making and receiving calls, music on demand, voice messages and infotainment in vehicles are attributing to the growth of connected vehicles.

Two prime factors that are driving a global connected car market are growing demand for connectivity solutions within the vehicle and the rising number of tech savvy youth.

Companies Mentioned

  • Alcatel-Lucent
  • At&T Inc.
  • General Motors
  • Google, Inc
  • NXP Semiconductors
  • Apple, Inc.
  • Audi AG
  • Delphi Automotive LLP
  • Ford Motor Company
  • Sierra Wireless
  • Telefonica:
  • Verizon
  • Harman
  • Vodafone Group Plc
  • BMW
  • Mercedes-Benz

Key Topics Covered:

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

By Application

7. By Connectivity Form Factor

8. By Connectivity Technology

9. By Products & Services

10. By Region

11. Vendor Market Share Analysis

12. Company Profiles

13. Industry Structure

14. Global Connected Car market - Road Ahead

For more information about this report visit https://www.researchandmarkets.com/research/t4gbjs/global_connected

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Related Topics: Cars, Telematics and Vehicle Electronics, Internet of Things and M2M