Global Connected Cars Market ( by Connectivity Form Factor , Connectivity Technology , Product Categories and Geography ) and Volume Forecast to 2022
Global Connected Cars Market ( by Connectivity Form Factor , Connectivity Technology , Product Categories and Geography ) and Volume Forecast to 2022
Connected cars are considered to be the future of automobile industry . Connected cars are expected to radically change the driving experience . The emergence of connected cars has enabled the driver to connect with online platforms and facilitates real-time communication on the go with increased comfort , convenience , performance , safety and security . The factors such as growing awareness about road safety and security , rapid technological advances , need for constant connectivity , increased dependency on technology and the growing number of tech savvy people are likely to fuel growth of this market . The global connected car market is anticipated to cross US $ 155 Billion mark by 2022 .
Connected Cars Market by Connectivity Form Factor - Among connectivity form factor , embedded solution lead the global connected cars market . Tethered solutions are expected to occupy approximately XX % of the market share by 2022 . While , integrated connectivity form factor is likely to capture XX % share of the global connected car market by 2022 .
Connected Cars Market by Connectivity Technology - On the basis of connectivity technology , the global connected car market is segmented into 2G , 3G and 4G / LTE . 3G Technology captures maximum share of the market while 4G / LTE technology is gaining popularity due to higher speed associated with it as compared to 3G and 2G . 2G technology is likely to fade out in the next few years . This report titled “ Global Connected Cars Market ( by Connectivity Form Factor , Connectivity Technology , Product Categories and Geography ) and Volume Forecast to 2022 ” provides a comprehensive assessment of the fast-evolving , high-growth connected car industry