The Report “India Connected Car Market, By Form Factor Connectivity (Embedded, Tethered, Integrated), Technology (Lte, 3g, Hspa+, Wi-Fi, Bluetooth), Application (Navigation, Telematics, Infotainment, Communication, E-Commerce, In-City Transport Solutions) Forecast & Analysis (2015-2020)”, is estimated to reach $110.20 million by 2020, growing at a CAGR of 60.4% from 2015 to 2020.
Browse through the TOC of the India Connected Car Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Infotainment application segment is expected to hold the largest market share from 2015 to 2020:
Connected cars, which are equipped with internet access, help users to connect in a better way with their cars and the outside world. Automobile manufacturers, government bodies, and third party vendors play important roles in the development of connected cars. The major applications of connected cars include navigation, telematics, infotainment, communication, e-commerce, and in-city transport solutions. The infotainment and navigation segments combined are expected to hold the largest market share from 2015 to 2020. The in-city transport solutions segment is expected to grow at the highest CAGR during the forecast period.
The demand for wireless technologies, such as Wi-Fi, Bluetooth, LTE, 3G, and HSPA+ is growing in the automotive industry. Wireless connectivity is clearly surpassing the wired connectivity as the new applications related to connected cars are focusing on supporting cellular communications and mobile devices. For instance, USB wired connectivity is facing competition form wireless mechanisms, such as Bluetooth for data transfer between fixed and mobile devices over short distances, as well as embedded cellular modems for two-way wireless connectivity.
Established market players engage in strategic collaborations and research & development activities to enhance the connected car technology as well as its potential applications. Major players in the connected car market in India are General Motors (U.S.), Ford Motor Company (U.S.), Audi (Germany), BMW (Germany), Mahindra and Mahindra (India), Tata Motors (India), and Maruti Suzuki India (India).
This report describes the market trends, drivers, and challenges with respect to the India connected car market, and forecasts the market till 2020. Primary as well as secondary research has been used to obtain key information about the connected car market’s value chain. The report profiles the 20 most promising players in the India connected car market.
The competitive landscape of the market presents a very interesting picture, wherein players in the India Connected Car market value chain come together and majorly focus on the development of advanced and improved connected car products. On the other hand, the India connected car market is witnessing large-scale collaborations and partnerships between a number of tier-one players and technology providers around the globe.
Brief information on the research methodology for the report can be found in the report description provided on the website.
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