Market Research Logo

Global Connected Car M2M Market 2017-2021

Global Connected Car M2M Market 2017-2021

About Connected Car M2M

Connected cars enable drivers to connect with online platforms and obtain real-time communication, such as real-time traffic updates while traveling. Over the years, automotive manufacturers and service providers have been developing connectivity solutions such as M2M connectivity platforms. M2M connectivity enables the interconnectivity between two vehicles. Connected cars enable drivers to connect with online platforms and obtain real-time communication, such as real-time traffic updates while traveling. Connected car services comprise of entertainment provided by content providers and advertisers, diagnostics by repair or maintenance providers, and navigation solutions. Other services include safety and security such as tracking services, road assistance, alarm systems, location sharing, concierge services, as well as analytics and insurance services.

Technavio’s analysts forecast the global connected car M2M market to grow at a CAGR of 27.52% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global connected car M2M market for 2017-2021. To calculate the market size, the report considers the revenue generated from OEM and aftermarket equipment.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Connected Car M2M Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of operating in this market.

Key vendors
  • Alpine Electronics
  • BMW
  • GM
  • Audi
Other prominent vendors
  • Bosch
  • Delphi Automotive
  • Ford Motor Company
  • Google
  • IBM
  • Mercedes-Benz
  • NXP Semiconductors
  • PSA Peugeot Citroën
  • Qualcomm
  • Sierra Wireless
  • Tech Mahindra
  • Toyota
  • Volkswagen
  • Wipro
Market driver
  • Increased customer demand for advanced infotainment services.
  • For a full, detailed list, view our report
Market challenge
  • Potential security breaches impacting the adoption of technology.
  • For a full, detailed list, view our report
Market trend
  • Big data platform provided by connected cars to foster further developments.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are in this market space?
  • What are the market opportunities and threats faced by the key vendors??
  • What are the strengths and weaknesses of the key vendors??


Press Release

Technavio Announces the Publication of its Research Report – Global Connected Car M2M Market 2017-2021

Technavio recognizes the following companies as the key players in the global connected car M2M market: Alpine Electronics, BMW, GM, and Audi.

Other Prominent Vendors in the market are: Bosch, Delphi Automotive, Ford Motor Company, Google, IBM, Mercedes-Benz, NXP Semiconductors, PSA Peugeot Citroën, Qualcomm, Sierra Wireless, Tech Mahindra, Toyota, Volkswagen, and Wipro.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is big data platform provided by connected cars to foster further developments. The growth of connectivity solutions in the automotive segment provides a huge opportunity to the automobile OEMs to develop an efficient product for the customers using real-time data. This data is expected to grow further due to the increasing adoption of connected cars during the forecast period. For instance, telematic devices will produce data for information like date, time, speed, acceleration, deceleration, cumulative mileage, fuel consumption, and navigation details. This data is approximately in the range of 6 MB to 20 MB per customer annually. Hence, the total data will be more than 1 TB per year for 100,000 vehicles. Such crucial data can be used by many stakeholders to augment their revenue stream.”

According to the report, one driver in market is availability of high-speed wireless networks. Telecom operators play a significant role in the growth of the global connected car M2M market as the connectivity of the connected car M2M modules and platforms depend solely on telecom networks. Some connected car M2M services require high-speed wireless networks. For instance, on-the-move radio streaming, music, video, location-based services (LBS), and on-demand content require high-speed wireless networks. Due to the wide reach of 3G and LTE networks, telecom operators can provide high-speed connectivity at lower tariffs to connected car M2M users. Many car manufacturers, connected car M2M platform developers, and telecom operators are expected to develop partnerships to launch LTE-based connected cars during the forecast period. The market has witnessed similar strategic partnerships in the past that fostered market growth. For instance, in 2014, Audi announced the launch of its S3 Sportback model in Europe with an embedded Gemalto LTE module.

Further, the report states that one challenge in market is lack of convergence between the lifecycles of automotive and mobile industries. The mobile devices industry has faster product lifecycles than the automotive industry. The lifecycle of products in the automotive industry is lengthier by quite a few years when compared to the smartphone industry. For example, the lifespan of a notebook or a laptop is about two and a half years, whereas a car is scrapped on an average after 15 years. This difference would prevent customers from following-up on the updates for hardware, new technology, and software that are evolving on a continuous basis in the connected cars segment. Infotainment systems that are generally embedded in the vehicle offer entertainment, phone, and navigation services via a touchscreen or display unit. However, the consumers are feeling disconnected with their IVI systems owing to the lag between the product cycles of smartphones and automobiles in the past few years. The technological advances in the vehicles take years to get commercialized. Thus, the automotive manufacturers and automotive infotainment manufacturers are not able to keep pace with the latest smartphones updates.

Companies Mentioned

Alpine Electronics, BMW, GM, Audi, Bosch, Delphi Automotive, Ford Motor Company, Google, IBM, Mercedes-Benz, NXP Semiconductors, PSA Peugeot Citroën, Qualcomm, Sierra Wireless, Tech Mahindra, Toyota, Volkswagen, and Wipro.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Connected car ecosystem
      • Table Connected car segments
      • Table Connected car features and benefits
      • Table Evolution of bundled services
    • Market size and forecast
      • Table Global connected car M2M market 2016-2021 ($ billions)
  • Five forces analysis
    • Table Five forces analysis
  • Market segmentation by product
    • Table Global connected car M2M market: Segmentation by product 2016-2021 ($ billions)
    • Table Global connected car M2M market: Segmentation by product in 2016 and 2021 (% share)
    • OEMs
      • Table Global connected car M2M market by OEMs 2016-2021 ($ billions)
    • Aftermarket
      • Table Global connected car M2M market by aftermarket 2016-2021 ($ billions)
  • Market segmentation by technology
    • Table Global connected car M2M market: Segmentation by technology 2016-2021 ($ billions)
    • Table Global connected car M2M market: Segmentation by technology in 2016 and 2021 (% share)
    • Embedded solutions
      • Table Global connected car M2M market by embedded solutions 2016-2021 ($ billions)
    • Integrated solutions
      • Table Global connected car M2M market by integrated solutions 2016-2021 ($ billions)
    • Tethered solutions
      • Table Global connected car M2M market by tethered solutions 2016-2021 ($ billions)
  • Market segmentation by application
    • Table Global connected car M2M market: Segmentation by application 2016-2021 ($ billions)
    • Safety and security
      • Table Global connected car M2M market by safety and security segment 2016-2021 ($ billions)
    • Infotainment
      • Table Global connected car M2M market by infotainment segment 2016-2021 ($ billions)
    • Driver assistance
      • Table Global connected car M2M market by driver assistance 2016-2021 ($ billions)
    • Vehicle management
      • Table Global connected car M2M market by vehicle management segment 2016-2021 ($ billions)
    • On-drive management
      • Table Global connected car M2M market by on-drive management 2016-2021 ($ billions)
  • Geographical segmentation
    • Table Global connected car M2M market: Segmentation by geography 2016-2021 ($ billions)
    • Table Global connected car M2M market by geography in 2016 and 2021 (% share)
    • Americas
      • Table Connected car M2M market in Americas 2016-2021 ($ billions)
    • EMEA
      • Table Connected car M2M market in EMEA 2016-2021 ($ billions)
    • APAC
      • Table Connected car M2M market in APAC 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Recent news
  • Key vendor profiles
    • Audi
      • Table Audi connect: Services
      • Table Audi genuine accessories
    • Alpine Electronics
    • BMW
    • GM
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report