Research and Markets (http://www.researchandmarkets.com/research/4jv9kr/connected_car_m2m) has announced the addition of the "Connected Car M2M Connections and Services Market in Western Europe 2015-2019" report to their offering.
The Connected Car M2M Connections and Services market in Western Europe to grow at a CAGR of 21.12% over the period 2014-2019
The Connected Car M2M Connections and Services market in Western Europe can be segmented as: Connected Car M2M Connections and Connected Car M2M Services. On the basis of service category, the Connected Car M2M Services Market in the Western Europe is segmented as: Driver Assistance, Safety and Security, Infotainment, On-drive Management, Vehicle Management, and Other Services. On the basis of Usage, the Connected Car M2M Services Market in Western Europe is segmented as Connected Car M2M OEM market and Connected car Aftermarket.
One key trend emerging in this market is the use of analytics for connected car M2M services. Several automobile, technology, and big data analytics companies are forging partnerships to understand vehicle performance, automotive businesses, and to easily connect with their customers to improve brand loyalty and efficiency.
According to the report, awareness for safety and security services is one of the major drivers of the market. Most users use connected car M2M services for accessing emergency services, vehicle diagnostics, safety from accidents, and for information about stolen vehicles. Hence, the market is witnessing a significant increase in demand for connected car M2M applications.
Further, the report states that distraction while driving because of infotainment services is a key challenge faced by the market. Multiple infotainment services inside a car cause many distractions to the driver. Road accidents are increasing at a high rate because of driver distraction from infotainment services such as typing messages, receiving mobile calls, listening to the radio, news, or music, and watching videos.
Key Vendors
- Bayerische Motoren Werke (BMW)
- Gemalto
- General Motors (GM)
- Sierra Wireless
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Connected Car M2M Services Market in the Western Europe by Service Category
- Connected Car M2M Connections and Services Market in the Western Europe Segmentation by Usage
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/4jv9kr/connected_car_m2m