Aug 1, 2019
The connected cars market value swell to $63 billion in 2018, and the demand is to witness at a magnificent compound annual growth rate (CAGR) of 17.55% during the forecast period of 2019 to 2025.

Hyderabad, India - August 1, 2019 /MarketersMedia/ —
The dependency on technological advancements, rising consumer demand to facilitate real-time communication and connectivity, and an increasing number of tech-savvy population is driving the connected cars market. The connected cars market value swell to $63 billion in 2018, and the demand is to witness at a magnificent compound annual growth rate (CAGR) of 17.55% during the forecast period of 2019 to 2025, according to a market intelligence report published by automotive analysts team at IndustryARC.
This IndustryARC’s latest research report is titled “Connected Cars Market: By Connectivity Type (4G LTE, 3G, Wifi), By Type of Interaction (Vehicle-to-Vehicle, Vehicle-to-Infrastructure), By Features (Navigation, System Diagnosis, Safety & Security) – Forecast (2019 - 2025).” This report also documents other factors that are driving the connected cars market size such as stringent government rules and regulations which is in turn favoring the growth and expansion of the technology in passenger cars. Due to this, ample connectivity solutions have been developed by the service providers and manufacturers. This report covers Connected Cars Market Size by connectivity type and features, Connected Cars Market share by top 5 companies and also the market share by start-ups during the forecast period.
View Full Table of Contents of Connected Cars Market:
https://www.industryarc.com/Report/15039/connected-cars-market.html
Report Price (Single User): US $3850
Global Connected Cars Market: Leading Segments
North America is experiencing the highest dominance in the global connected cars market, with the world’s two well-developed economies- Canada and the U.S. The United States is considering customers benefits as the first precedence and expanding its mobile connectivity technology significantly. According to this, they are launching connectivity enabled vehicles for their customers. Additionally, the demand for integrated, tethered, and embedded solutions for the connected passengers’ cars has increased drastically in recent times. North America held 18.23% of the global connected cars market demand in 2018.
On the other hand, the key application segment is integrated connectivity solutions owing to the increasing demand for it globally. The anticipated growth opportunities for these applications are expected to grow at an outstanding CAGR of 23.08% during the aforementioned period. However, the cars are becoming more amid the introduction of various features such as GPS, 4G LTE, and machine-to-machine connectivity platform.
Global Connected Cars Market: Market Trends and Growth Drivers
4G/LTE Technology
Connectivity is now an expectation by the customers. 4G/LTE is a technological game changer with features such as increased use capacity, increased reliability, and faster speed. 4G/LTE is now being used as a standard feature by manufactures. It has improved the V2V capabilities, V2X, OTA Updates, and improved audio and navigation systems. Recently, Ford has announced that by 2020, all of its vehicles will be well-equipped with 4G/LTE.
Artificial Intelligence Enabled Connected Cars
AI interfaces and algorithm solutions are introduced in connected cars that allow the cars to creating and storing data in a smart way and in return, the cars guide the drivers with a virtual personal assistant that responds to the voice commands. Google assistant and Amazon Alexa are already being installed in smart cars. The manufacturers and the OEMs are now focusing to upgrade the technology by making the cars talk with smart traffic signals to the smart gas pumps. They are first being tested in less traffic cognition with the improved driving environment.
Internet of Things (IoT) Technology
Internet of Things has helped the original equipment managers in the most suitable way. For instance, Alibaba AI Labs in 2018 partnered with major automotive OEMs to supply technology for home-to-vehicle such as Daimler, Volvo, and Audi AG.
Government Initiatives to Protect the Data
Technology is everywhere in the market and it has struck the connected cars market as well. Even though the enabling technology has influenced the market, its customers are still concerned about cyber-attacks. In order to safeguard the customers’ qualms, the U.S. government has started to introduce regulatory frameworks such as Self Drive Act. They are even working on data security regulation.
Talk to one of our sales representative about the full report by providing your details in the link below:
https://www.industryarc.com/support.php?id=15039
Global Connected Cars Market: Competitive Landscape
Some of the key companies identified in the report that are currently holding majority shares in the global connected cars market are General Motors Co., Bavarian Motor Works (BMW) AG, Audi AG, Bosch (Germany), Denso (Japan), and Harman (US), Honda Motor Co. Ltd, Fiat Chrysler Automobiles, Mercedes-Benz, and Continental (Germany), and Delphi (UK).
Related Reports:
A. Connected Car Devices Market
https://www.industryarc.com/Research/Connected-Car-Devices-Market-Research-501140
B. Intelligent Transport System Market
https://www.industryarc.com/Report/15024/intelligent-transport-system-market.html
About IndustryARC:
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to [email protected] to discuss more about our consulting services.
Contact Info:
Name: Venkat Reddy
Email: Send Email
Organization: IndustryARC
Phone: +1-614-588-8538
Website: https://www.industryarc.com/Domain/3/automotive-market-research.html
Source URL: https://marketersmedia.com/connected-cars-market-leveraging-possibilities-with-4glte-technology/88902831
Source: MarketersMedia
Release ID: 88902831
The first few minutes of “Request Sa Radyo” starts with an everyday routine. A woman — bundled up in winter clothes after a busy work day — returns home and sighs. But while being exhausted after a long day is nothing new, her deadpan expression and lifeless eyes, show the difficulty of navigating isolation and
Unlike most sectors, edutech has been booming over the past year amidst the pandemic, as many brick and mortar education and professional training institutions in the region are scrambling to digitise. The global edutech industry is currently valued at US$ 89.49 billion in 2020 and is expected to witness a compound annual growth rate (CAGR) […] The post Edutech is surging, but here are the 3 issues it is facing appeared first on e27.
K-pop group Seventeen’s new mini-album “Spill the Feels” sold 2.49 million copies on the first day of release.
The new iPhone SE is starting to look very compelling. #iphonese4 #actionbutton #apple
We might be getting a new Apple Vision headset as early as next year. We've also heard some talks about cameras on AirPods, though we might not see those in a while.
In the fast-paced world of entrepreneurship, startups often stand out as bastions of innovation and disruption. However, one curious trend that emerges is that many of these budding companies offer lower salaries for high-level positions compared to their established counterparts. This article delves into the underlying reasons for this phenomenon, supported by in-depth analyses and […] The post Lower salaries, higher stakes: The reality of high-level positions in startups appeared first on e27.
When asked about the prospect of quantum computers in Singapore and Southeast Asia (SEA), Horizon Quantum Computing Founder and CEO Dr Joe Fitzsimons believes in the possibility of having sufficient infrastructure to take the technology to the next level. “At the moment, we are building out a facility to host quantum computers just next door […] The post Horizon Quantum CEO on the Singapore advantage in starting a quantum computing company appeared first on e27.
Disney+ will premiere the supernatural mystery Korean drama “Light Shop Keeper” starring Ju Ji-hoon and Park Bo-young in December.
It’s been ten years since Japan implemented its mandatory Stress Check system in a bid to tackle the longstanding public health crisis tied to overwork and karoshi — a term meaning death by overwork. Introduced in 2015, the initiative was aimed at identifying high levels of stress among employees, requiring companies to survey their workforce […] The post A decade of Japan’s mandatory stress checks: Why work-related mental health is still declining? appeared first on e27.
Thank you for asking how I felt during those times,” said actress-ramp model Marina Benipayo when Lifestyle sought her for an interview a few weeks after actor Ricardo Cepeda, her partner of 13 years, was released following an 11-month incarceration. “Whenever anyone would ask how Richard was, I would say, ‘He’s okay but we cannot
K-pop boy band ENHYPEN announced their comeback next month.
Actress and social media darling Alex Gonzaga has expressed her readiness to start a family after undergoing a series of recent tests to ensure her health and well-being.
There are few topics that are regarded by Filipinos with more unease and discomfort than the process of death and dying. End-of-life concerns are often glossed over in a culture that appears more engaged in rituals that celebrate life and longevity.
From making headlines at music festivals in 2017 to making a debut at their biggest venue yet, LANY gave their Filipino fans a night to remember as they performed their hits at the Philippine Arena in Bulacan on Saturday, Oct. 12.
TV host Willie Revillame has hired two-time Olympian Carlos Yulo's sports therapist to help him with his overall fitness in running for senator in the 2025 elections.
Seventeen released their 12th mini-album “Spill the Feels,” which is a continuation of the K-pop boy group’s goal to encourage their listeners to live with “deepened authenticity and authenticity.” The EP — which is an anagram of the phrase “I Felt Helpless” — was dropped on Monday, October 14, and contains six tracks: “Eyes On
Vic Sotto and Piolo Pascual treated fans to a sneak peek of their upcoming film “The Kingdom,” a confirmed entry to the 50th Metro Manila Film Festival (MMFF). Photos of Sotto and Pascual portraying their respective characters in the movie were uploaded by MQuest Ventures on its Facebook page on Monday, October 7. Perched on
Five months after giving birth to her daughter Maria, Maja Salvador is back on the dance floor, as she showed off her sharp moves on the “ASAP” stage. Salvador, who turned 36 last week, made a fiery comeback to the Sunday noontime show on its October 13 episode in a special production number to celebrate
Alex Gonzaga declared that her body is in a much better condition to conceive, after several failed pregnancies with husband, Lipa City Councilor Mikee Morada. At a press conference, Gonzaga shared that she previously went through another in vitro fertilization (IVF) and lymphocyte immunization therapy (LIT) procedure, to prepare herself for pregnancy. The actress-internet personality
The Asia-Pacific Ministerial Conference on Disaster Risk Reduction (APMCDRR) 2024 emphasized the media’s role in informing the public regarding the Philippines’ disaster management initiatives. On October 14, 2024, distinguished speakers reiterated this message during the event’s media reception. READ: Philippines improves disaster management with AI This segment also marks the first day of the Asia
BTS’s J-Hope is set to be discharged from the military on October 17, and his group’s label. BigHit Music, urged fans to refrain from visiting the site where he will be released from service. BigHit made the announcement in a statement on the fan community platform Weverse on Monday, October 14, saying J-Hope is “close
After announcing his senatorial candidacy, Willie Revillame is seeking the help of Hazel Calawod, who served as the personal trainer of two-time Olympic gold medalist Carlos Yulo, to prepare for an unspecified “commitment.” On his Facebook page on Sunday, October 13, Revillame shared a photo of himself in what appeared to be a workout session
The X200 series marks the latest effort by Vivo to crack the global smartphone industry’s lucrative high-end segment.
Kathryn Bernardo, Paulo Avelino, and Cedrick Juan were among the celebrities who were recognized at the 26th edition of the Gawad Pasado Awards held at the Philippine Christian University on Saturday, October 12. Bernardo and Juan bagged the PinakaPASADOng Aktres and PinakaPASADOng Aktor awards, respectively, at the star-studded ceremony. Meanwhile, Avelino was named the PinakaPASADOng
GoTyme Bank, a collaboration between the Gokongwei group of companies and the multi-country digital banking group Tyme, recently signed a Memorandum of Agreement (MOA) with the Philippine National Police Anti-Cybercrime Group (PNP ACG) in a bid to crack down on cybercriminals and bring them to justice, further strengthening defenses against online threats.
The Green Lantern Corps will finally have their mini-series titled “Lanterns.” The HBO miniseries will revolve around arguably the two most popular Green Lantern Corps members, Hal Jordan and John Stewart. Kyle Chandler has been cast to portray Green Lantern, Hal Jordan, and Aaron Pierre as Green Lantern, John Stewart. The Green Lantern Corps can
The e-commerce rivals’ respective promotions look to benefit from healthier consumer spending on the back of Beijing’s stimulus measures.
The sudden departure of Seunghan from K-pop boy group RIIZE was hit by fans on social media, with many calling out their label SM Entertainment for not managing his 10-month hiatus properly. Two days after Seunghan’s supposed return was confirmed, SM announced that he would officially leave the group on October 13. The label also
Mindanao scored a back-to-back win in the 2024 Hiyas ng Pilipinas pageant when Koronadal City’s Marela Glospeah Juaman inherited the crown from last year’s winner Fatima Kate Bisan who hails from Sarangani. Juaman bested 44 other aspirants at the grand coronation show held at the SM North Edsa Skydome in Quezon City on Sunday night,
OneCFO, an AI-powered financial management service platform in the Philippines, has raised US$500,000 in pre-seed funding from undisclosed angel investors. The investment will be used to develop its suite of B2B financial management apps and hire people. Also Read: AI will transform customer service, risk management in financial services: finbots.ai CEO The startup has also […] The post OneCFO bags US$500K to automate financial management for Philippine SMEs appeared first on e27.
Formed in 2015, the pop-rock band LANY, composed of Paul Klein and Jake Goss, has taken the music world by storm with a distinctive sound characterized by introspective lyrics and synth-driven backbeats.
Korean actress Lee Hanee, aka Honey Lee, bagged the grand prize and “Queen of Tears” won best drama at the 15th Korea Drama Awards held at the Gyeongnam Culture and Arts Center in Jinju in South Gyeongsang Province on Oct. 12.
On the first day of Expand North Star event, part of the GITEX GLOBAL 2024 event in Dubai, SOSV Founder Sean O’Sullivan dubbed climate change as an “urgent existential crisis for humanity” and called for the tech investor community to “make it work” through investments in climate tech. He pointed out the increasing cases of […] The post Investing in climate tech: Why investors should focus on impactful, low-hanging fruits appeared first on e27.
In her last role at Visa, Bhavana Ravindran helped clients implement digital payment solutions for consumers and SMEs. She realised that while consumer payment experiences have improved in recent years, small and medium enterprises (SMEs) are still stuck with outdated financial management tools. “It wasn’t until I started my first business that I experienced the […] The post From admin headache to AI-driven insights: How Earlybird AI empowers SME founders appeared first on e27.
GCash tours college campuses to provide awareness why the app can be beneficial. Students who apply onsite will get P50 off for the GCash Card.
Earlier this year, live commerce made a substantial impact on the global market, with some countries even seeing it account for as much as 40 per cent of gross merchandise value (GMV). In the Philippines, the e-commerce landscape has seen a notable transformation with the launch of TikTok Shop in April 2023. Now the second-largest […] The post How AI enhances content creation and sales strategies for live commerce in the Philippines appeared first on e27.
In the electrifying modern tech world, semiconductors are central to powering everything from your sleek smartphone to futuristic electric cars. The hot commodity remains the subject of trade wars and is a key economic contributor for most major world economies. Malaysia is making waves in this high-stakes game, evolving from a humble manufacturing hub to […] The post Malaysia Digital status companies pioneer growth in the competitive semiconductor industry appeared first on e27.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.