A connected car is the one which is equipped with Internet access, and also with a wireless local area network (LAN). This allows the car to share internet access with other devices both inside as well as outside the vehicle and the car is also outfitted with some special technologies that tap into the internet or wireless LAN and supply additional benefits to the driver.
The Asia-Pacific region recorded an outstanding growth and is expected to grow at a CAGR of more than 15% 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.
In 2017, the global Connected Car Solutions market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
The key players covered in this study
Market segment by Type, the product can be split into
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Connected Car Solutions status, future forecast, growth opportunity, key market and key players.
To present the Connected Car Solutions development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Connected Car Solutions are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.