Market Overview:
The global connected car M2M market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for safety and security applications, infotainment, driver assistance, and vehicle management applications in cars. Additionally, the increasing demand for on-drive management and other applications is also contributing to the growth of this market. The embedded solutions segment is expected to hold the largest share of the global connected car M2M market by type during the forecast period from 2018 to 2030. This segment is expected to be driven by increased demand for safety and security applications in cars.
Product Definition:
A Connected Car is a car that is equipped with internet access and various sensors, allowing it to connect to other devices and vehicles. Connected Cars can be used for a variety of purposes, including safety features, navigation, entertainment, and environmental monitoring. The importance of Connected Car M2M lies in its ability to allow cars to communicate with each other and share data. This can improve traffic flow, reduce emissions, and increase safety on the road.
Embedded Solutions:
Embedded solutions are the set of tools, processes and techniques used to develop a system on Chip (SoC) or microcontroller based products. The SoC includes all the components such as analog & digital converters, memory, peripherals like USB and Ethernet as well as an application processor. Microcontrollers are programmable logic devices that act as a brain for various devices in which it is installed.
Integrated Solutions:
The connected car or m2m market is expected to witness significant growth over the forecast period. The major factor driving this market is growing need for real-time vehicle information and increasing penetration of smartphones & tablets across the globe. Additionally, rising demand for safety and security features such as accident detection, road charging, parking assistance systems are also expected to fuel integrated solutions adoption in M2M applications over the next few years.
Application Insights:
The connectivity features provided by modern automobiles are not just limited to the vehicle¢â‚¬â„¢s electronic systems. The on-board systems, which include entertainment and information systems for drivers, also use these networks. The safety and security application segment dominated the global connected car M2M market in terms of revenue share in 2017 owing to increasing concerns over road accidents and their associated injuries caused due to lack of proper driver assistance system integration.
Integration with mobile network operators enables real-time location tracking of vehicles so that they can be located if they get stolen or involved in an accident. Furthermore, it provides a remote connection feature allowing users access to certain functions through mobile devices even when the vehicles are parked at parking lots or garages as long as there is a Wi-Fi hotspot within range.
Regional Analysis:
The North American region dominated the global market in terms of revenue share in 2017. The growth can be attributed to the presence of prominent players such as General Motors, Ford, and Tesla Motors. These companies are actively working on developing new technologies for connected cars such as On-Demand Connected Services (ODCS) and Offering DTCS Solutions to their customers. Moreover, these companies are also focusing on providing cloud-based services for vehicle telematics systems along with other advanced features that enhance the safety and security of drivers along with passengers.
Asia Pacific is expected to emerge as a lucrative regional market over the forecast period owing to increasing investments by various governments across countries like China, India Japan among others for developing smart cities which would include infrastructure development based on digital technology including IoT applications using M2M communication network architecture.
Growth Factors:
- Increasing demand for safety and security in vehicles
- Growing demand for infotainment and navigation systems
- Proliferation of 4G/LTE networks and the rise of 5G networks
- Increased focus on vehicle electrification and autonomous driving
- The development of new business models for transportation
Scope Of The Report
Report Attributes
Report Details
Report Title
Connected Car M2M Market Research Report
By Type
Embedded Solutions, Integrated Solutions, Tethered Solutions
By Application
Safety And Security, Infotainment, Driver Assistance, Vehicle Management, On-Drive Management, Others
By Companies
Audi, Delphi Automotive, Ford Motor Company, Google, IBM, Alpine Electronics, BMW, GM, Bosch, Mercedes-Benz, NXP Semiconductors, PSA Peugeot Citroen, Qualcomm, Toyota, Volkswagen, Wipro, Sierra Wireless, Tech Mahindra
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Connected Car M2M Market Report Segments:
The global Connected Car M2M market is segmented on the basis of:
Types
Embedded Solutions, Integrated Solutions, Tethered Solutions
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Safety And Security, Infotainment, Driver Assistance, Vehicle Management, On-Drive Management, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Audi
- Delphi Automotive
- Ford Motor Company
- Google
- IBM
- Alpine Electronics
- BMW
- GM
- Bosch
- Mercedes-Benz
- NXP Semiconductors
- PSA Peugeot Citroen
- Qualcomm
- Toyota
- Volkswagen
- Wipro
- Sierra Wireless
- Tech Mahindra
Highlights of The Connected Car M2M Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Embedded Solutions
- Integrated Solutions
- Tethered Solutions
- By Application:
- Safety And Security
- Infotainment
- Driver Assistance
- Vehicle Management
- On-Drive Management
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Connected Car M2M Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Connected Car M2M is a term used to describe the communication between vehicles and their surrounding infrastructure. This includes everything from sending diagnostic data to communicating with traffic lights and other drivers.
Some of the major players in the connected car m2m market are Audi, Delphi Automotive, Ford Motor Company, Google, IBM, Alpine Electronics, BMW, GM, Bosch, Mercedes-Benz, NXP Semiconductors, PSA Peugeot Citroen, Qualcomm, Toyota, Volkswagen, Wipro, Sierra Wireless, Tech Mahindra.
The connected car m2m market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Connected Car M2M Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Connected Car M2M Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Connected Car M2M Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Connected Car M2M Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Connected Car M2M Market Size & Forecast, 2020-2028
4.5.1 Connected Car M2M Market Size and Y-o-Y Growth
4.5.2 Connected Car M2M Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Embedded Solutions
5.2.2 Integrated Solutions
5.2.3 Tethered Solutions
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Safety And Security
6.2.2 Infotainment
6.2.3 Driver Assistance
6.2.4 Vehicle Management
6.2.5 On-Drive Management
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Connected Car M2M Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Connected Car M2M Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Embedded Solutions
9.6.2 Integrated Solutions
9.6.3 Tethered Solutions
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Safety And Security
9.10.2 Infotainment
9.10.3 Driver Assistance
9.10.4 Vehicle Management
9.10.5 On-Drive Management
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Embedded Solutions
10.6.2 Integrated Solutions
10.6.3 Tethered Solutions
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Safety And Security
10.10.2 Infotainment
10.10.3 Driver Assistance
10.10.4 Vehicle Management
10.10.5 On-Drive Management
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Embedded Solutions
11.6.2 Integrated Solutions
11.6.3 Tethered Solutions
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Safety And Security
11.10.2 Infotainment
11.10.3 Driver Assistance
11.10.4 Vehicle Management
11.10.5 On-Drive Management
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Embedded Solutions
12.6.2 Integrated Solutions
12.6.3 Tethered Solutions
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Safety And Security
12.10.2 Infotainment
12.10.3 Driver Assistance
12.10.4 Vehicle Management
12.10.5 On-Drive Management
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Embedded Solutions
13.6.2 Integrated Solutions
13.6.3 Tethered Solutions
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Safety And Security
13.10.2 Infotainment
13.10.3 Driver Assistance
13.10.4 Vehicle Management
13.10.5 On-Drive Management
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Connected Car M2M Market: Competitive Dashboard
14.2 Global Connected Car M2M Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Audi
14.3.2 Delphi Automotive
14.3.3 Ford Motor Company
14.3.4 Google
14.3.5 IBM
14.3.6 Alpine Electronics
14.3.7 BMW
14.3.8 GM
14.3.9 Bosch
14.3.10 Mercedes-Benz
14.3.11 NXP Semiconductors
14.3.12 PSA Peugeot Citroen
14.3.13 Qualcomm
14.3.14 Toyota
14.3.15 Volkswagen
14.3.16 Wipro
14.3.17 Sierra Wireless
14.3.18 Tech Mahindra
