Connected Car M2M Connections and Services Market in Western Europe 2015-2019
About Connected Car M2M Connections and Services
Connected cars are equipped with internet and wireless services that help the automobile to connect with networks or services outside the car. M2M connections are established between two electronic or mechanical devices for automated data transmission. Connected car M2M connection refers to the automated wireless data transmission between two cars, a car and an OEM, a car and third-party service providers, car and enterprises, a car and internet capable devices, or a car and infrastructure. Connected car M2M services help in navigation, infotainment, tracking stolen vehicles, telematics, roadside assistance, video transmission, and making automated calls during emergencies such as accidents, malfunctioning of devices, fuel leakage, and fire. Users can even check the performance of their vehicle with the help of connected car M2M connections and services.
TechNavio's analysts forecast the Connected Car M2M Connections and Services market in Western Europe to grow at a CAGR of 21.12 percent over the period 2014-2019.
Covered in this Report
The Connected Car M2M Connections and Services market in Western Europe can be segmented as: Connected Car M2M Connections and Connected Car M2M Services. On the basis of service category, the Connected Car M2M Services Market in the Western Europe is segmented as: Driver Assistance, Safety and Security, Infotainment, On-drive Management, Vehicle Management, and Other Services. On the basis of Usage, the Connected Car M2M Services Market in Western Europe is segmented as Connected Car M2M OEM market and Connected car Aftermarket.
TechNavio's report, Connected Car M2M Connections and Services Market in Western Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also covers the landscape of the Connected Car M2M Connections and Services market in Western Europe and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.Key Vendors
Press Release
TechNavio Announces the Publication of its Research Report – Connected Car M2M Connections and Services Market in Western Europe 2015-2019
TechNavio recognizes the following companies as the key players in the Connected Car M2M Connections and Services Market in Western Europe: Bayerische Motoren Werke (BMW) AG, Gemalto SA, General Motors Co. (GM) and Sierra Wireless Inc.
Other Prominent Vendors in the market are: Airbiquity, Alcatel-Lucent, Apple, Audi, CalAmp, Daimler, Delphi Automotive, Deutsche TeleKom, Ericsson, Everything Everywhere, Ford Motors, Garmin, Harman International, Hyundai Motors, Intel, Luxoft Holdings, Masternaut, Microsoft, Orange, Porsche, Sony, Telefonica, Telenor, Telit Communications, Tesla Motors, TomTom, Toyota Motors, Transatel, Vodacom, Vodafone and Volvo.
Commenting on the report, an analyst from TechNavio’s team said: “One key trend emerging in this market is the use of analytics for connected car M2M services. Several automobile, technology, and big data analytics companies are forging partnerships to understand vehicle performance, automotive businesses, and to easily connect with their customers to improve brand loyalty and efficiency.”
According to the report, awareness for safety and security services is one of the major drivers of the market. Most users use connected car M2M services for accessing emergency services, vehicle diagnostics, safety from accidents, and for information about stolen vehicles. Hence, the market is witnessing a significant increase in demand for connected car M2M applications.
Further, the report states that distraction while driving because of infotainment services is a key challenge faced by the market. Multiple infotainment services inside a car cause many distractions to the driver. Road accidents are increasing at a high rate because of driver distraction from infotainment services such as typing messages, receiving mobile calls, listening to the radio, news, or music, and watching videos.
Companies Mentioned
Bayerische Motoren Werke (BMW), Gemalto , General Motors (GM), Sierra Wireless , Airbiquity , Alcatel-Lucent , Apple , Audi , CalAmp, Daimler , Delphi Automotive , Deutsche TeleKom, Ericsson, Everything Everywhere, Ford Motor , Garmin , Harman International, HyundaiMotors, Intel , Luxoft Holdings , Masternaut, Microsoft , Orange, Porche, Sony , Telefonica, Telenor, Telit Communications, Tesla Motors, TomTom , Toyota Motors, Transatel, Vodacom, Vodafone , Volvo
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