The global connected cars market size was USD 28.50 Billion in 2022 and is expected to register a steady revenue CAGR of 18.4% during the forecast period, according to latest analysis by Emergen Research. Rapid advancements in sensing technology, rising demand for fuel efficient vehicles globally, and surge in the usage of telematics are key factors driving market revenue growth. Connected cars can help in fuel management by providing real-time information on a vehicle's fuel consumption and range, as well as by optimizing vehicle's performance to improve fuel efficiency. Connected cars can also provide information on location of nearby gas stations and prices of fuel.
Global Connected cars research report offers a panoramic view of Connected cars Market regulatory framework, and macro- and micro-economic factors that influence the growth of the industry. The report strives to offer authentic information about the Connected cars market size, share, product portfolio, revenue estimations, and growth rate. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals.
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Covid 19 impact analysis:
The report includes a historical analysis of the market from 2017 to 2018 to provide the reader with a deep understanding of the current market scenario. Moreover, it offers accurate market estimations for the forecast period (2019-2027). The latest market research report is a compilation of the latest growth trends and the emerging market segments. The report adeptly draws readers’ attention to the ever-changing patterns of the Connected Car industry and its prominent facets, infrastructural properties, and highly dynamic environment. The report lists down some critically important parameters that help the market bolster its global foothold and contribute substantially to future revenue generation. Our team of experts has included specific details related to the Connected Car industry, such as product offerings, sales and revenue estimates, leading regions, key market contenders, and technological upgradation in the report.
Major companies profiled in the market report include
Harman international , tesla, Visteon corporation, sierra wireless, TomTom international
Research objectives:
The report is the latest document offering full coverage of the impact of the COVID-19 outbreak on the Connected Car market. The global health crisis has affected nearly every aspect of this business vertical, alongside adversely impacting the global economy. The research report encompasses the serious effects of the coronavirus pandemic on the Connected Car market and its impact on the key market segments. It further gauges the impact of the COVID-induced restrictions on the leading market players, supply chains, and distribution channels.
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https://www.emergenresearch.com/industry-report/connected-cars-market
Emergen Research has segmented the global connected cars market based on technology, connectivity, hardware, network, and region:
· Technology Outlook (Revenue, USD Billion; 2019-2032)
o 3G
o 4G
o 5G
· Connectivity Outlook (Revenue, USD Billion; 2019-2032)
o Embedded
o Integrated
o Tethered
· Hardware Outlook (Revenue, USD Billion; 2019-2032)
o Central Gateway (CGW)
o Head Unit
o Intelligent Antenna
o Electronic Control Unit (ECU)
o Telematic Control Unit (TCU)
o Sensors
o Others
· Network Outlook (Revenue, USD Billion; 2019-2032)
o Operational Data
o Dedicated Short Range Communication (DSRC)
o Cellular
Regional Outlook:
The latest research report entails an in-depth analysis of the current growth opportunities for various regions of the Connected Car market, gauging their revenue share over the forecast timeline. Furthermore, the report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading market regions profiled in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Objectives of the Global Connected Car Market Report:
· The report sheds light on the fundamental Connected Car market drivers, restraints, opportunities, threats, and challenges.
· It elaborates on the new, promising arenas in the leading market regions.
· It examines the latest research & development projects and technological innovations taking place in the key regional segments.
· The research report reviews the regulatory framework for creating new opportunities in various regions of the market
· It focuses on the new revenue streams for the players in the emerging markets.
· Furthermore, the report offers vital details about the rising revenue shares and the sizes of the key product segments
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About Emergen Research :
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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