Market Analysis and Insight: Global Connected Car Market Global Connected Car Market By Service (Connected services, Safety and security, Autonomous driving), Network (Dedicated Short-Range Communications (DSRC), Cellular), Transponder (On-Board Unit (OBU), Roadside Unit (RSU)), Form (Embedded, Tethered, Integrated), Hardware (Smart antenna, Display, Electronic Control Unit (ECU), Sensors), End Market (Original Equipment Manufacturer (OEM), Aftermarket), Technology (2G, 3G, 4G/LTE), Application (Navigation, Infotainment, Telematics), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) â Industry Trends and Forecast to 2026 â Industry Trends and Forecasts 2026Global connected car market is projecting a rise in estimated value by 2026, registering a healthy CAGR of 16.5% in the forecast period of 2019-2026 due to increased demand for smartphone connectivity, growing government regulations and increasing concerns about safety.
The report contains data of the base year 2018 and historic year 2017.Get a Sample Copy of report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-connected-car-marketMarket Definition:Â Global Connected Car MarketCars which are equipped with wireless systems and connected with the internet facilities are categorized as a connected car.
For the safety purpose, the car is connected with dedicated short-range sensors which eliminate the risk of accidents and increases safety.
The market would be driven by decrease in the cost and improvisation in safety.Market Drivers:To reduce the dependency on fossil fuels such as motor spirit would enhance the marketChange in government regulations and norms might accelerate the growthIncrease in the safety concerns act as a catalyst to market growthAdvancement in technology such as connectivity solutions by service providers and car manufacturers is  driving  the market growthMarket Restraints:Limitation in network coverage can restricts the market growthIncrease in cyber threat can act as a hindrance for the market growthLack of well-built of infrastructure particularly in developing countries may hamper the market growthGet Detailed Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-connected-car-marketSegmentation: Global Connected Car MarketBy ServiceConnected ServicesSafety and SecurityAutonomous DrivingBy NetworkDedicated Short-Range Communications (DSRC)CellularBy TransponderOn-Board Unit (OBU)Roadside Unit (RSU)By FormEmbeddedTetheredIntegratedBy HardwareSmart AntennaDisplayElectronic Control Unit (ECU)SensorsBy End MarketOriginal Equipment Manufacturer (OEM)AftermarketBy Technology2G3G4G/LTEBy ApplicationNavigationInfotainmentTelematicsBy GeographyNorth AmericaU.S.CanadaMexicoSouth AmericaBrazilArgentinaRest of South AmericaEuropeGermanyItalyU.K.FranceSpainNetherlandsBelgiumSwitzerlandTurkeyRussiaRest of EuropeAsia-PacificJapanChinaIndiaSouth KoreaAustraliaSingaporeMalaysiaThailandIndonesiaPhilippinesRest of Asia-PacificMiddle East and AfricaSaudi ArabiaUAESouth AfricaEgyptIsraelRest of Middle East and AfricaFor More Information or Query or Looking for Customization, Visit @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-connected-car-marketKey Developments in the MarketIn April 2019, Lear Corporation, which is leader in global automotive technology, announced to acquire Xevo.
Lear Corporation focuses to broaden its connectivity portfolio.
The aim of the acquisition is to develop technology which would plot the path and help in making real time driving decisions.