The Connected Cars Market is poised to register a CAGR of over 24% over the forecast period (2019-2025).
The need for the constant connectivity, increased dependency and the consumer demand is surging the growth of connected cars market whereas high cost associated with the hardware and the communications as well as the complex user interface will act as restraining factors in the market. The advanced infotainment systems and a fast connection to the wireless network are the features that will enhance the market in the coming years.
A full report of Connected Cars Market is available at: https://www.orionmarketreports.com/connected-cars-market/41509/
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global connected cars market based on technology, connectivity, and application. It also provides market size and forecast till 2027 for overall connected cars market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 countries globally along with current trend and opportunities prevailing in the region.
Connected Cars Market Segmentation
By Technology Type
• 4G/LTE
• 3G
• 2G
By Application
• Driver Assistance
• Telematics
• Infotainment
• Others
By Connectivity
• Integrated
• Embedded
• Tethered
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
