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Connected Car M2M Connections and Services Market

Connected Car M2M Connections and Services Market

Connected Car M2M Connections and Services Market Global Industry Assessment & Forecast

# Pages:


Base Year:


Nov - 2021


Report Code:


Segments Covered
  • By Application Safety and Driver Assistance, Infotainment, Vehicle Management, Insurance Based Telematics
  • By End Market Original Equipment Manufacturer (OEMs), Aftermarket
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 19.28 Billion
Revenue 2028Revenue 2028: 55.58 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 14.15%
Fastest Growing Region Fastest Growing Region (2022 - 2028) North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst
Sr. No. Offering Report Coverage
1. Market Size In terms of Revenue (USD Million)
2. Historic Data 2015 to 2019
3. Forecast Data 2021 to 2028
4. Market Drivers, Restraints, Opportunities, & Regional Market Trends Yes
5. Market Attractiveness Analysis Yes
6. Segment Analysis Maximum Segments
7. Regional Coverage 5 Regions
8. Country Coverage Top 22 Countries
9. Competitive Landscape and Company Market Share Analysis Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles.
10. Porter’s Five Forces Analysis Yes.
11. Value Chain Analysis Yes
12. PEST Analysis Yes
13. Regulatory Landscape Yes
14. Technology Landscape Yes
15. COVID-19 Impact Analysis Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics.
16. Top startups to watch out for Yes
17. Top 3 Trends to Watch Yes
18. Top 3 Strategies Followed by Major Players Yes
19. Top 3 Predictions by Vantage Market Research Yes
20. Discussion Guide Yes
21. Key Primary Respondents - VERBATIM Yes
22. Transcripts from the Primary Respondents Additional Cost USD 1,000
23. Others/Miscellaneous
Frequently Asked Question
  • The global Connected Car M2M Connections and Services valued at 19.28 Billion in 2020 and is expected to reach 55.58 Billion in 2028 growing at a CAGR of 14.15%%.

  • The prominent players in the market are Intel, Ericsson, BMW, CalAmp, Airbiquity, Verizon Telematics, Broadcom, Apple, Alcatel-Lucent, Bell Mobility, General Motors, HERE, BMW, Ford Motors, Google, Audi Connect, Harman International, Sierra Wireless, AT&T, Hyundai Motors, Daimler, Aeris, Autonet Mobile, IBM, Axway, Gemalto..

  • The market is project to grow at a CAGR of 14.15%% between 2021 and 2028.

  • The driving factors of the Connected Car M2M Connections and Services include

    • The rising car sale across the globe is anticipated to augment the growth of the connected car M2M connections and services market during the forecast period. This is owing to the rapid urbanization, rising disposable income of the consumers, and increasing developments in current technologies. Furthermore, the constant upgradation and updates of software and services used in this market are anticipated to offer productive opportunities for the growth of the connected car M2M connections and services market in the coming years.
    • The development of different technologies like AI Interfaces and 5G is anticipated to augment the growth of the connected car M2M connections and services market in the years to come. Most of the players in telecom industry are developing 5G to increase the safety and efficiency of connected cars. According to International 5G automotive associations, 68% of accidents can be avoided with the integration of 5G connectivity technology. Furthermore, with the increasing use of sensors coupled with other technologies that are used to collect data, AI will be considered as an important technology to make sense of all data collected. Some automobiles already use AI for Level 3 autonomous driving whcih is driving the market.

  • North America was the leading regional segment of the Connected Car M2M Connections and Services in 2020.