Connected Cars Market Forecast(2018 - 2023)

1
Connected Cars Market Its Areas of Potential
Growth During the Forecast Period of 2018-2023
2
 Asia-Pacific will Dominate with Major Growth in
the Connected Cars Market

• Geographically, The Connected Cars Market market
  is segmented into North America, Europe,
  Asia-Pacific and rest of the world. The
  Asia-Pacific region indicates a prominent growth
  during the forecast period. In the years to come,
  APAC will be eminent in automobile market.
  Infotainment and navigation services ares the key
  factors behind growing adoption in marketplace of
  China, Japan and South Korea . North America and
  Europe are well established in the present
  market, this helps the inventors to expand their
  business in the others regions, who are likely to
  chase towards the development.

3
 Selected Regulatory Analysis Done in the Full
Report

• Today, 70 percent of the inclusive connected
  services sales come from superior brands such as
  General Motors Co., Bavarian Motor Works (BMW),
  Audi AG, Honda Motors Co. Ltd., Fiat Automobiles
  and others. By 2023, number will grow extremely,
  due to the reduction in expenses.
• The modern tech world will influence the market
  to generate sales. In 2017, the growing market
  sales will establish opportunities for the
  companies to upgrade their services., Smart phone
  is an example for apps and accessories that grew
  quickly in handsets. This will provide
  incremental revenue for OEMs and open up
  opportunities for new startups and technology
  providers.

4
Selected Driving Factors Mentioned in the Full
Report

• The Global OEMs have rapidly boosted innovation
  in the area of safety. The finding states the
  number of accident prevention technology has
  increased by more than 500 percent and Advanced
  Driver Assistance System (ADAS) innovation by 400
  percent, over the eight years.
• Advancement in ADAS will continue to make driving
  easier. For example, BMW 7 Series offers the
  garage parking assistant, and Tesla recently
  introduced its Summon feature. Mostly the
  continuous advances in autonomous driving are
  essentially expected by car manufactures and
  players like Google and Tesla.
• The current development process for security
  software involves binding it to the cars
  hardware. As a result, updating the software will
  set to support functions, including risk
  management, progress monitoring and reporting and
  incident management. All of these must also be
  put in place if the software development effort
  is to succeed

5
Key Players of the Connected Cars Market

• General Motors Company
• NXP Corporation
• Bayerische Motoren Werke(BMW) AG
• Honda Motor Co. Ltd
• Toyota Motor Corporation
• Ford Motor Company
• Telestra Corporation
• Hyundai Motor Company
• ATT Inc

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7
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