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Connected Car M2M Connections Market

Connected Car M2M Connections Market

Connected Car M2M Connections Market Global Industry Assessment & Forecast

# Pages:

145

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0556

Segments Covered
  • By Type Embedded Solutions, Integrated Solutions, Tethered Solutions
  • By Vehicle Type Passenger Car (PC), Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 21.45 Billion
Revenue 2028Revenue 2028: 29.81 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 4.20%
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
FAQ
Frequently Asked Question
  • The global Connected Car M2M Connections valued at 21.45 Billion in 2020 and is expected to reach 29.81 Billion in 2028 growing at a CAGR of 4.20%%.

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

  • The market is project to grow at a CAGR of 4.20%% between 2021 and 2028.

  • The driving factors of the Connected Car M2M Connections include

    • The easy diagnosis system of vehicles is anticipated to augment the growth of the connected car M2M connections market during the forecast period. The system in the car will source data of the vehicle to both the automobile dealer and the customer in the case of advanced diagnostics systems. This also helps to predict potential automobile issues even before they take place. In addition to that, it also helps to track vehicle records and decide which vehicle has travelled the most in fleet management, and offers service accordingly with the help of the solutions. Thus, ease of vehicle diagnosis along with the help mobile applications is anticipated to boost the growth of the connected car M2M connections market.
    • The evolution of connectivity solutions coupled with the increasing use of smartphones is anticipated to augment the growth of the connected car M2M connections market in the years to come. Many connectivity solutions are integrated in modern automobile in order to increase their automobile sales. The connectivity solutions in cars require internet services to perform their respective functions and this is provided in a car using embedded, and integrated connectivity solutions. An in-car hotspot can also be created to offer internet access to all the devices within the vehicle with the help of a smart phone, modem, or connectivity device. Therefore, rise in trend of connectivity solutions drives the growth of the connected cars M2M connections market.

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