London, 15 December 2014 – Increasing awareness of safety and security services has resulted in the significant growth of the Global Connected Car M2M Connections and Services Market, which is slated to post a CAGR of 32.33 percent from 2014-2019, says research firm TechNavio.
About the Report
Many big data analytic and automobile companies are joining hands with smart app providers to form partnerships to better understand vehicle performance and automotive businesses.
Smart apps enable drivers to connect their smartphones with vehicles’ internet access and operate various functions like remotely control home appliances, track vehicle location and infotainment services.
“Big data analytics is facilitating automobile companies to easily connect with their customers and improve brand loyalty and efficiency,” says Faisal Ghaus, Vice President of TechNavio.
Additionally, many technology companies are forming new alliances and partnerships with chip manufacturers and OEM suppliers to understand their business models and operating methods.
“Google forms strategic alliances with several OEM and chip suppliers to form an open automotive alliance and provide android platform to cars,” says Ghaus.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2019
Market Growth Drivers:
- Increased Awareness among Vehicle Users
- For a full detailed list, view our report.
Market Challenges:
- Effects of Infotainment Services while Driving
- For a full detailed list, view our report.
Market Trends:
- Increased Use of Big Data Analytics for Connected Car M2M Services
- For a full detailed list, view our report.
Key Vendors:
- Gemalto S.A.
- General Motors Co. (GM)
- Sierra Wireless Inc.
Other Prominent Vendors:
- Airbiquity
- AT&T
- Bell Mobility
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
