Connected Car Market Size, Share, Growth, Trends, Applications and Industry Strategies to 2029
Connected Car Market Overview:
Objective of the competitive intelligence and market study is to give comprehensive analyse of Connected Car market and industry to the users. The report has studied and analysed local, regional manufacturing dynamics, cost advantages of location, supply chain and local as well as regional market for the key players. Report has also covered the availability of supplier the cost analysis of final product manufactured with the advantages to players.
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Connected Car Market Scope and research methodology:
The report covers the 30 countries from all five continents. Bottom-up approach has been used to collect, analyse the data, which has helped research analyst to give micro details of the local market in the report. Even though this is global report, local level market dynamics are covered in the report. Primary and secondary, both the techniques are used to collect the data. Having said this, more focus was on secondary data base since paid, government sources are used to collect the secondary information. Company’s annual reports are used to collect the data, however, if company’s annual reports are not available, data is purchased from the different sources available in each country, that include each country’s tax department. Primary interviews are done with executives from key players, market experts and consultants in each country.
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The report's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The percentage splits, market shares, and segment breakdowns are calculated using weights allocated to each segment based on their utilization rate and average sale price. The percentage adoption or usage of the given market Size in the corresponding area or nation is used to calculate the country-wise splits of the overall market and its sub-segments.
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Connected Car Market Segmentation:
The Connected Car Market is divided into Driver Assistance, Telematics, Infotainment, and Others based on the Application. During the forecast period, infotainment is anticipated to dominate the connected car market. A "connected" car is one that has an in-dash infotainment system that can wirelessly transmit and receive updated information from the internet. Despite the fact that these devices' features and degree of compatibility with smartphone apps vary greatly, they frequently have touch displays and voice control. With built-in wireless connections, a connected car with these features can track teenage drivers, start or unlock the car from anywhere, and enable anti-theft features like remotely stopping a stolen vehicle. Every automaker has a unique system that they offer, and within a single car line, there are frequently several different infotainment systems.
Connected Car Market Key Players:
Due to the limitations of giving profiles of all the players, companies for profiling sections are chosen on different parameters like market leader, local leaders, innovative companies. Profiling section of the report covers the competitive benchmarking of key players by region. Benchmarking is done on market presence, dominance pricing, penetration in end use application, market share, recent expansions, M&A.
Even though all the players in the industry are not profiled, it is taken caret that while estimating market size not a single player in scope area is missed out of consideration. “Profiles of additional companies can be provided on request”, said Sr. Research Analyst at MMR.
The major players covered in the Connected Car market report are:
- Robert Bosch GmbH
- Continental AG
- Denso Corporation
- Visteon Corporation
- Harman International
- AT&T Inc.
- TomTom N.V.
- Airbiquity Inc.
- Qualcomm Technologies Inc.
- Sierra Wireless
- Infineon Technologies
- Magna International
Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
Key Questions Answered in the Connected Car Market Report are:
- Which segment grabbed the largest share in the Connected Car market?
- Who are the market leaders, market followers, and new entrants?
- Strategies of market leaders in each segment with investment
- SWOT analysis of each player
- Region wise market structure and dynamics that impact the industry and companies
- What was the competitive scenario of the Connected Car market in 2021?
- Which are the key factors responsible for the Connected Car market growth?
- Which region held the maximum share in the Connected Car market in 2021?
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