Global Connected Cars Market Research Report 2017
Lewes, DE -- (SBWIRE) -- 09/15/2017 -- A connected car is a car that is assembled with internet connection and also with wireless local area network. This allows the car to share internet access with other devices both inside as well as outside the vehicle. The car is also outfitted with special technologies that tap into the internet or wireless LAN and provide additional benefits to the driver.
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The increasing demand for smart phone integration is working behind the success of connected car market. The enlargement of the trend of connectivity in cars helps users to connect their smart phones and laptops to the vehicle's infotainment systems and access enlarged information and entertainment. There are huge varieties of connectivity available now days. One of them is the M2M connectivity. In this feature a car enables connectivity between two cars. On the basis of connectivity the connected cars are divided into 2G, 3G, 4G/LTE. The 2G connectivity will gradually become obsolete and the space will be filled by 3G connectivity due to the advancement in telecommunications. Application wise this connected car market is further segmented into telematics, infotainment and combination of telematics and infotainment. The combinations of telematics and infotainments have gained the largest amount of the market. Telematics consists of applications such as emergency calling, vehicle diagnosis, driver behavior analysis whereas infotainment provides applications such as GPS navigations, entertainment, USB, Bluetooth, Wi-fi connectivity are embedded inside the car.
Geographically North America primarily US is dominating the connected car market. In Europe there are countries like Japan, China and South Korea which are continuously contributing in the growth of this connected car market.
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The connected car market is growing continuously with the rising demand. These cars efficient in various ways so their utility is rising with the passing of time. In the coming years South east Asian countries like China and Japan will cover the market of connected cars.
On the basis of product, the Connected Cars market is primarily split into
Semiconductor Components
Connectivity ICs- Wi-Fi
Bluetooth and Cellular
On the basis on the end users/applications, this report covers
Telematics
Infotainment
Combined Telematics & Infotainment