Connected automotive services will embrace services associated with structure development, vehicle safety, usage of service roadmaps, application software system, automotive security, finish to finish testing and sensible phone applications. principally Connected automotive services offerings embrace in-built elements like advanced motion picture, telematics, in-vehicle networking, Comfort Systems and alternative electronic elements. a good safetyexpertise can create the drive safer with Crash turning away, Traffic Updates and Intersection Movements. These connected automotive services additionally modify service suppliers and makers to deliver a variety of services likeRemote medicine, edge help and Emergency Calls. whereas motion picture services give advanced HMI optionsexceptional user expertise (UX) with graphics and 3D animation for in-vehicle motion picture
Connected automotive services market: Drivers and Restraint
Making the driving safer, more leisurely and additional economical is that the main driver of the connectedautomotive services market. to realize this, vehicles should intercommunicate with the traffic infrastructure, withalternative vehicles and with the mobile devices of the motive force. on the Connected-Car value chain Vehicle-OEMs, App developer, motion picture suppliers likewise as content and repair give with an opulent drivingexpertise. currently this being the foremost necessary reason is certainly the key issue to driving the connectedautomotive services market. The additional technologically advanced connected automotive advanced connectedautomotive services that increase the demand for connected automotive services within the market. Therefore,corporations square measure majorly providing connected automotive services services square measure certain togather additional demand within the market.
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However, high implementation value will influence be a restraint for developing economies in connectedautomotive services market. however rising disposable incomes and opulent expertise can still drive the expansionof connected automotive services market within the developed economies.
Connected automotive services market: Segmentation
Segmentation on the premise of application
Telematics: It consists of Emergency job, Vehicle designation and Maintenance Notifications, Driver Behaviour Analysis, prophetical Maintenance et al
Infotainment: It carries with it GPS Navigation and amusement services
Segmentation on basis of regions:
The Connected automotive services market is sub-segmented into seven key regions- North America,geographical area, East Europe, West Europe, Asia-Pacific excluding Japan, Japan and geographical region .
Western Europe has the best CAGR for connected automotive services and also the trend is anticipated to continue for consecutive few years. Following Western Europe, North America is predicted to exhibit a promising CAGR, the most reason for this being the rising disposable incomes likewise a big shift to connected servicesduring this region. U.S. being the first contributor to the increase in CAGR. japanese Europe will be expected to indicate a moderate CAGR. While, geographical region and Africa possessing low CAGR, being developing regions, still try to witness a big shift to those luxuries, with the trend expected to continue over the years.
Competitive Landscape:
Key Contracts
In Gregorian calendar month 2014, Accenture has signed a contract with Fiat-Chrysler cluster to develop the advanced connected automotive services for its UconnectTM systems in Europe, geographical region and Africa(EMEA).
Connected automotive services market: Key Players
Tech Mahindra restricted, Accenture opposition. Cisco Systems, Inc., LogiSense, Nokia Corporation, ESG Automotive opposition., Apple Inc., Microsoft Corporation, Google square measure a number of the key playerswithin the Application-to-person (A2P) enterprise electronic messaging market.
The report covers thoroughgoing analysis on: Connected automotive services Market Segments, Connectedautomotive services Market Dynamics, ,Historical Actual Market Size, 2012 – 2014, Connected automotiveservices Market Size & Forecast 2016 to 2026, provide & Demand price Chain, Connected automotive services Market Current Trends/Issues/Challenges, Competition concerned, Technology, price Chain, Connected automotiveservices Market Drivers and Restraints
