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