Cars that are wired are outfitted with Internet and wireless services that enable them to connect to networks and services. For automated data transmission, M2M connections are formed between two electronic or mechanical devices. The automatic wireless data transfer between a car and another vehicle, an OEM, third-party service providers, businesses, Internet-capable devices, or an infrastructure is referred to as a connected car M2M link. The M2M connections involves utilization of technology for exchanging information and performing actions without manual assistance. Connected cars provide cellular connectivity and wireless systems to provide high-speed connectivity to the driver and passengers, as well as innovative features including a better navigation system and a handheld Wi-Fi hotspot.
MARKET DYNAMICS
The key market drivers for connected car M2M connections and services market are, awareness about security and safety among people, rising demand and popularity for car-infotainment service across the globe. Additionally, it also includes, productivity services like, cross-linkage of vehicles with their homes so that the end user can monitor and control various household functions by sitting in car is also expected to fuel the market growth. Moreover, technology advancements in infotainment system is expected to boost market growth during the forecast period. Whereas, high cost associated with such system and system failure may restrain market growth during the forecast period.
MARKET SCOPE
The "Global Connected car M2M connections and services Market Analysis to 2028" is a specialized and in-depth study of the Connected car M2M connections and services Market with a special focus on the global market trend analysis. The report aims to provide an overview of Connected car M2M connections and services market with detailed market segmentation by application and end use. The global connected car M2M connections and services market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading connected car M2M connections and services market player and offers key trends and opportunities in the connected car M2M connections and services market.
MARKET SEGMENTATION
The global connected car M2M connections and services market is segmented on the basis of application and end use. On the basis of application the market is segmented as, safety and driver assistance, infotainment, vehicle management, insurance based telematics. And further, on the basis of end use the market is segmented as, OEM and aftermarket.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global connected car M2M connections and services market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The connected car M2M connections and services market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting connected car M2M connections and services Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the connected car M2M connections and services market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global connected car M2M connections and services market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The connected car M2M connections and services market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting connected car M2M connections and services Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the connected car M2M connections and services market in these regions.
MARKET PLAYERS
The reports cover key developments in the connected car M2M connections and services market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from connected car M2M connections and services market are anticipated to lucrative growth opportunities in the future with the rising demand for connected car M2M connections and services market. Below mentioned is the list of few companies engaged in the Connected car M2M connections and services market.
The report also includes the profiles of key connected car M2M connections and services market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Audi Connect
- Bayerische Motoren Werke AG
- Gemalto
- Ford Motor Company
- Singapore Telecommunications Limited
- Toyota
- AT and T
- BT Group
- Deutsche Telekom
- Ericsson
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Connected Car M2M Connections And Services Market - By Application
1.3.2 Connected Car M2M Connections And Services Market - By End-Use
1.3.3 Connected Car M2M Connections And Services Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CONNECTED CAR M2M CONNECTIONS AND SERVICES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. CONNECTED CAR M2M CONNECTIONS AND SERVICES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CONNECTED CAR M2M CONNECTIONS AND SERVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. CONNECTED CAR M2M CONNECTIONS AND SERVICES - GLOBAL MARKET OVERVIEW
6.2. CONNECTED CAR M2M CONNECTIONS AND SERVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CONNECTED CAR M2M CONNECTIONS AND SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. SAFETY AND DRIVER ASSISTANCE
7.3.1. Overview
7.3.2. Safety and driver assistance Market Forecast and Analysis
7.4. INFOTAINMENT
7.4.1. Overview
7.4.2. Infotainment Market Forecast and Analysis
7.5. VEHICLE MANAGEMENT
7.5.1. Overview
7.5.2. Vehicle management Market Forecast and Analysis
7.6. INSURANCE-BASED TELEMATICS
7.6.1. Overview
7.6.2. Insurance-based telematics Market Forecast and Analysis
8. CONNECTED CAR M2M CONNECTIONS AND SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - END-USE
8.1. OVERVIEW
8.2. END-USE MARKET FORECASTS AND ANALYSIS
8.3. ORIGINAL EQUIPMENT MANUFACTURER
8.3.1. Overview
8.3.2. Original Equipment Manufacturer Market Forecast and Analysis
8.4. AFTERMARKET
8.4.1. Overview
8.4.2. Aftermarket Market Forecast and Analysis
9. CONNECTED CAR M2M CONNECTIONS AND SERVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Connected Car M2M Connections And Services Market Overview
9.1.2 North America Connected Car M2M Connections And Services Market Forecasts and Analysis
9.1.3 North America Connected Car M2M Connections And Services Market Forecasts and Analysis - By Application
9.1.4 North America Connected Car M2M Connections And Services Market Forecasts and Analysis - By End-Use
9.1.5 North America Connected Car M2M Connections And Services Market Forecasts and Analysis - By Countries
9.1.5.1 United States Connected Car M2M Connections And Services Market
9.1.5.1.1 United States Connected Car M2M Connections And Services Market by Application
9.1.5.1.2 United States Connected Car M2M Connections And Services Market by End-Use
9.1.5.2 Canada Connected Car M2M Connections And Services Market
9.1.5.2.1 Canada Connected Car M2M Connections And Services Market by Application
9.1.5.2.2 Canada Connected Car M2M Connections And Services Market by End-Use
9.1.5.3 Mexico Connected Car M2M Connections And Services Market
9.1.5.3.1 Mexico Connected Car M2M Connections And Services Market by Application
9.1.5.3.2 Mexico Connected Car M2M Connections And Services Market by End-Use
9.2. EUROPE
9.2.1 Europe Connected Car M2M Connections And Services Market Overview
9.2.2 Europe Connected Car M2M Connections And Services Market Forecasts and Analysis
9.2.3 Europe Connected Car M2M Connections And Services Market Forecasts and Analysis - By Application
9.2.4 Europe Connected Car M2M Connections And Services Market Forecasts and Analysis - By End-Use
9.2.5 Europe Connected Car M2M Connections And Services Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Connected Car M2M Connections And Services Market
9.2.5.1.1 Germany Connected Car M2M Connections And Services Market by Application
9.2.5.1.2 Germany Connected Car M2M Connections And Services Market by End-Use
9.2.5.2 France Connected Car M2M Connections And Services Market
9.2.5.2.1 France Connected Car M2M Connections And Services Market by Application
9.2.5.2.2 France Connected Car M2M Connections And Services Market by End-Use
9.2.5.3 Italy Connected Car M2M Connections And Services Market
9.2.5.3.1 Italy Connected Car M2M Connections And Services Market by Application
9.2.5.3.2 Italy Connected Car M2M Connections And Services Market by End-Use
9.2.5.4 United Kingdom Connected Car M2M Connections And Services Market
9.2.5.4.1 United Kingdom Connected Car M2M Connections And Services Market by Application
9.2.5.4.2 United Kingdom Connected Car M2M Connections And Services Market by End-Use
9.2.5.5 Russia Connected Car M2M Connections And Services Market
9.2.5.5.1 Russia Connected Car M2M Connections And Services Market by Application
9.2.5.5.2 Russia Connected Car M2M Connections And Services Market by End-Use
9.2.5.6 Rest of Europe Connected Car M2M Connections And Services Market
9.2.5.6.1 Rest of Europe Connected Car M2M Connections And Services Market by Application
9.2.5.6.2 Rest of Europe Connected Car M2M Connections And Services Market by End-Use
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Connected Car M2M Connections And Services Market Overview
9.3.2 Asia-Pacific Connected Car M2M Connections And Services Market Forecasts and Analysis
9.3.3 Asia-Pacific Connected Car M2M Connections And Services Market Forecasts and Analysis - By Application
9.3.4 Asia-Pacific Connected Car M2M Connections And Services Market Forecasts and Analysis - By End-Use
9.3.5 Asia-Pacific Connected Car M2M Connections And Services Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Connected Car M2M Connections And Services Market
9.3.5.1.1 Australia Connected Car M2M Connections And Services Market by Application
9.3.5.1.2 Australia Connected Car M2M Connections And Services Market by End-Use
9.3.5.2 China Connected Car M2M Connections And Services Market
9.3.5.2.1 China Connected Car M2M Connections And Services Market by Application
9.3.5.2.2 China Connected Car M2M Connections And Services Market by End-Use
9.3.5.3 India Connected Car M2M Connections And Services Market
9.3.5.3.1 India Connected Car M2M Connections And Services Market by Application
9.3.5.3.2 India Connected Car M2M Connections And Services Market by End-Use
9.3.5.4 Japan Connected Car M2M Connections And Services Market
9.3.5.4.1 Japan Connected Car M2M Connections And Services Market by Application
9.3.5.4.2 Japan Connected Car M2M Connections And Services Market by End-Use
9.3.5.5 South Korea Connected Car M2M Connections And Services Market
9.3.5.5.1 South Korea Connected Car M2M Connections And Services Market by Application
9.3.5.5.2 South Korea Connected Car M2M Connections And Services Market by End-Use
9.3.5.6 Rest of Asia-Pacific Connected Car M2M Connections And Services Market
9.3.5.6.1 Rest of Asia-Pacific Connected Car M2M Connections And Services Market by Application
9.3.5.6.2 Rest of Asia-Pacific Connected Car M2M Connections And Services Market by End-Use
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Connected Car M2M Connections And Services Market Overview
9.4.2 Middle East and Africa Connected Car M2M Connections And Services Market Forecasts and Analysis
9.4.3 Middle East and Africa Connected Car M2M Connections And Services Market Forecasts and Analysis - By Application
9.4.4 Middle East and Africa Connected Car M2M Connections And Services Market Forecasts and Analysis - By End-Use
9.4.5 Middle East and Africa Connected Car M2M Connections And Services Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Connected Car M2M Connections And Services Market
9.4.5.1.1 South Africa Connected Car M2M Connections And Services Market by Application
9.4.5.1.2 South Africa Connected Car M2M Connections And Services Market by End-Use
9.4.5.2 Saudi Arabia Connected Car M2M Connections And Services Market
9.4.5.2.1 Saudi Arabia Connected Car M2M Connections And Services Market by Application
9.4.5.2.2 Saudi Arabia Connected Car M2M Connections And Services Market by End-Use
9.4.5.3 U.A.E Connected Car M2M Connections And Services Market
9.4.5.3.1 U.A.E Connected Car M2M Connections And Services Market by Application
9.4.5.3.2 U.A.E Connected Car M2M Connections And Services Market by End-Use
9.4.5.4 Rest of Middle East and Africa Connected Car M2M Connections And Services Market
9.4.5.4.1 Rest of Middle East and Africa Connected Car M2M Connections And Services Market by Application
9.4.5.4.2 Rest of Middle East and Africa Connected Car M2M Connections And Services Market by End-Use
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Connected Car M2M Connections And Services Market Overview
9.5.2 South and Central America Connected Car M2M Connections And Services Market Forecasts and Analysis
9.5.3 South and Central America Connected Car M2M Connections And Services Market Forecasts and Analysis - By Application
9.5.4 South and Central America Connected Car M2M Connections And Services Market Forecasts and Analysis - By End-Use
9.5.5 South and Central America Connected Car M2M Connections And Services Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Connected Car M2M Connections And Services Market
9.5.5.1.1 Brazil Connected Car M2M Connections And Services Market by Application
9.5.5.1.2 Brazil Connected Car M2M Connections And Services Market by End-Use
9.5.5.2 Argentina Connected Car M2M Connections And Services Market
9.5.5.2.1 Argentina Connected Car M2M Connections And Services Market by Application
9.5.5.2.2 Argentina Connected Car M2M Connections And Services Market by End-Use
9.5.5.3 Rest of South and Central America Connected Car M2M Connections And Services Market
9.5.5.3.1 Rest of South and Central America Connected Car M2M Connections And Services Market by Application
9.5.5.3.2 Rest of South and Central America Connected Car M2M Connections And Services Market by End-Use
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CONNECTED CAR M2M CONNECTIONS AND SERVICES MARKET, KEY COMPANY PROFILES
11.1. AUDI CONNECT
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BAYERISCHE MOTOREN WERKE AG
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. GEMALTO
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. FORD MOTOR COMPANY
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. SINGAPORE TELECOMMUNICATIONS LIMITED
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. TOYOTA
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. AT AND T
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. BT GROUP
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. DEUTSCHE TELEKOM
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ERICSSON
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Audi Connect
2. Bayerische Motoren Werke AG
3. Gemalto
4. Ford Motor Company
5. Singapore Telecommunications Limited
6. Toyota
7. AT and T
8. BT Group
9. Deutsche Telekom
10. Ericsson
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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