11630 SW 97 Street, Miami, Florida 33176, US
Advertising Driven Press Release Distribution
Advertising Driven Press Release Distribution
A connected car is a vehicle that can communicate Bi-directionally with other systems outside of the car. It’s harnessed with internet connectivity and, in utmost cases, a WLAN. This allows the car to access and share data, download software and patches, communicate with other Internet of Things (IoT) devices and feed Wi-Fi to onboard passengers.
The Global Connected Car Market size was evaluated at USD 47364.13 Million in 2021 and is expected to reach USD Million by 2030, growing at a CAGR of 17.18% from 2022 to 2030.
Connected cars not only connect with people and services but they can also link the road infrastructure. These impute will get more important as self-driving cars appear. Varied advanced connectivity solutions have been evolved by potential car manufacturers and service providers, similar to the machine-to-machine connectivity platform. This Machine- to- Machine (M2M) feature in a car enables interconnectivity between two connected cars. The connected car has many sensors and processors, which deliver accurate and real-time information to the driver. Connected cars ease contact between the car and the dealership and fast alert the emergency services if one has been involved in an accident
Key Players
The global Connected Car request’s Major Key Players are-
Get a Free Sample Copy@ https://www.marketresearchfuture.com/sample_request/1140
Regional Analysis
The worldwide Connected Car Market has been segmented into the following regions Asia- Pacific; North America; Europe; the Middle East & Africa; and South America.
North America has come up as the leading region in the connected car market followed by Europe. Favorable regulation imposed by the US government to control vehicle collisions is accommodating the adoption of connected cars. The United States Department of Transportation indicates that connected car technologies can lessen vehicle accident frequency by 83%. This is fuelling the requisition for connected vehicles in the North American region.
Though, in developing economies similar to Mexico, Brazil, and India, the development of IT infrastructure on highways is very slow. Due to limited network connectivity on highways, vehicles aren’t suitable to connect properly, which may respond to improper signals from the ADAS system, resulting in the collision of cars on the highways. Therefore, the lack of high-speed networks and underdeveloped IT and Communication Infrastructure in developing regions is anticipated to restrict the growth of the Connected Car Market in these nations.
Get Complete Report Details@ https://www.marketresearchfuture.com/reports/connected-car-market-1140
Market Segmentation
Market Research Future Research has segmented the global Connected Car Market by;
By Technology:-
Wi-Fi, Bluetooth, 2G, 3G, LTE
The cellular segment is projected to grow at the fastest growth rate due to escalating investment for the deployment of the 5G network across the globe.
By Connectivity:-
Tethered, integrated, embedded
A boosting number of automakers rapidly adopting the embedded connectivity solution, similar as-Call and remote diagnostics, for meeting regulatory compliances are accommodating the segment growth.
By Components:-
Cellular, Sensors, Processors, wireless modules
Extending focus on reducing road accidents through incorporating several technologies such as danger warning systems, automatic emergency calling, and blind-spot alerts is accommodating the segment growth.
Check Discount@ https://www.marketresearchfuture.com/check-discount/1140
By Services:-
Autonomous driving and Vehicle management, OEM Services, Safety, Entertainment, Well- Being
Expanding focus on reducing road accidents through incorporating several technologies such as danger warning systems, automatic emergency calling, and blind-spot alerts are favoring the segment growth.
Related Reports:
Smart Connected Devices Market Research Report: By Product, End User – Forecast Till 2027
Connected IoT Devices Market: by Component, Deployment, by Application – Forecast till 2030
In-Car Wireless Charging Market, By Technology, By Charging Standard, By Device Type, By Vehicle Type, By Distribution, By Region: Forecast to 2027
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
For exclusive content regarding the latest trends in the world of Press Release distribution.
