Albany, NY — (PRESS RELEASE JET) — 10/25/2017 — The growing proliferation of embedded in-vehicle connectivity and smartphone integration platforms has made connected cars one of the fastest growing segments of the IoT (Internet of Things) market. Keen to establish recurring post-sale service revenue streams, all major automotive OEMs are investing in connected car programs. Other ecosystem players, such as mobile operators and telematics specialists, are also vying to gain a larger share of the opportunity. In fact, many mobile operators have expanded beyond their traditional role as connectivity providers, to offer end-to-end connected car platforms directly to automotive OEMs and aftermarket suppliers.
By the end of 2016, SNS Research estimates that connected car services will account for $14 Billion in annual revenue, driven by a host of applications, including but not limited to infotainment, navigation, fleet management, remote diagnostics, automatic crash notification, enhanced safety, UBI (Usage Based Insurance), traffic management and semi-autonomous driving.
The “”Connected Car Ecosystem: 2016 – 2030 – Opportunities, Challenges, Strategies & Forecasts”” report presents an in-depth assessment of the connected car ecosystem including OEM connected car programs, enabling technologies, key trends, market drivers, challenges, applications, collaborative initiatives, regulatory landscape, standardization, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents market size forecasts for connected car services from 2016 through to 2030. The forecasts are segmented for 3 connectivity models, 5 application categories, 5 regions and 17 leading countries.
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The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.
The report covers the following topics:
Connected car ecosystem
Market drivers and barriers
Enabling technologies and key trends
Connected car programs and platform offerings
Embedded, tethered and integrated connectivity models
Analysis of key applications and opportunities
Regulatory landscape, collaborative initiatives and standardization
Industry roadmap and value chain
Profiles and strategies of over 240 leading ecosystem players, including automotive OEMs, mobile operators and connected car platform specialists
Strategic recommendations for ecosystem players
Market analysis and forecasts from 2016 till 2030
Connected car installed base and service revenue forecasts are provided for each of the following submarkets and their subcategories:
Communications, Infotainment & Payments
Navigation & Location Services
Safety & Security
Driver Assistance & Autonomous Driving
Embedded Car Connections
LTE & 5G
Satellite & Other Technologies
Tethered Car Connections
Integrated Car Connections
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Middle East & Africa
Latin & Central America
The report provides answers to the following key questions:
How big is the connected car opportunity?
What trends, challenges and barriers are influencing its growth?
How is the ecosystem evolving by segment and region?
What will the market size be in 2020 and at what rate will it grow?
Which countries and submarkets will see the highest percentage of growth?
Who are the key market players and what are their strategies?
How will connected cars drive investments in Big Data, cloud computing, analytics and other technologies?
What are the growth prospects of embedded, tethered and integrated connectivity options?
How do government mandates and initiatives impact the adoption of embedded connectivity?
What are the future prospects of self-driving cars and cooperative V2X applications?
Do LTE and 5G technologies pose a threat to the 802.11p standard for V2X communications?
What strategies should automotive OEMs, mobile operators and connected car platform specialists adopt to remain competitive?
The report has the following key findings:
By the end of 2016, SNS Research estimates that connected car services will account for $14 Billion in annual revenue, driven by a host of applications. The market is further expected to grow at a CAGR of 31% between 2016 and 2020.
Although the market is presently dominated by infotainment and telematics, connected driver assistance systems and autonomous driving applications will witness the highest growth rate over the next four years.
Multiple automotive OEMs are beginning to integrate in-vehicle payment capabilities with their connected car platforms to make it possible for drivers to pay for services such as fuel, parking, food and tolling, without having to leave their vehicles.
The connected car ecosystem continues to consolidate, with larger players investing in acquisitions to increase their market share, technical capabilities, revenue and geographic reach. For example, semiconductor giant Intel has made a spate of acquisitions including Altera, Yogitech, Arynga and Itseez, to bolster its IoT and connected car capabilities.
Many mobile operators have expanded beyond their traditional role as connectivity providers, to offer end-to-end connected car platforms directly to automotive OEMs and aftermarket suppliers.
List of Companies Mentioned
3GPP (3rd Generation Partnership Project)
Alliance of Automobile Manufacturers
Allstate Insurance Company
ARIB (Association of Radio Industries and Businesses, Japan)
Association of Global Automakers
ATIS (Alliance for Telecommunications Industry Solutions, U.S.)
Bosch Software Innovations
C2C-CC (CAR 2 CAR Communication Consortium)
CCC (Car Connectivity Consortium)
CCSA (China Communications Standards Association)
CEN (European Committee for Standardization)
Changan Automobile Company
Cobra Automotive Technologies
CPIC (China Pacific Insurance Group)
DENATRAN (National Road Transport Department, Brazil)
Dongfeng Motor Corporation
DT (Deutsche Telekom)
ETSI (European Telecommunications Standards Institute)
FAW Group Corporation
FCA (Fiat Chrysler Automobiles)
Ford Motor Company
Fuji Heavy Industries
GAIG (Guangzhou Automobile Industry Group)
Geely (Zhejiang Geely Holding Group)
GM (General Motors Company)
Harman International Industries
Hawtai Motor Group
HDS (Hitachi Data Systems)
Honda Motor Company
Hyundai Motor Company
iBiquity Digital Corporation
IEEE (Institute of Electrical and Electronics Engineers)
IMS (Intelligent Mechatronic Systems)
Inthinc Technology Solutions
ISO (International Organization for Standardization)
ITS America (Intelligent Transportation Society of America)
ITS Australia (Intelligent Transport Systems Australia)
ITU (International Telecommunications Union)
Jaguar Land Rover
Kia Motors Corporation
KORE Wireless Group
Lincoln Motor Company
Mahindra and Mahindra
Mazda Motor Corporation
MIC (MiTAC International Corporation)
Mitsubishi Electric Corporation
Mitsubishi Motors Corporation
MOSTCO (MOST Cooperation)
Nissan Motor Company
OAA (Open Automotive Alliance)
OPEN Alliance SIG (Special Industry Group)
PSA Peugeot Citroen
QiMing Information Technology
QNX Software Systems
Quectel Wireless Solutions
Renault (Groupe Renault)
Renesas Electronics Corporation
Robert Bosch Car Multimedia
RSA Insurance Group
SAIC Motor Corporation
SIMCom Wireless Solutions
SkyWave Mobile Communications
SoftBank Mobile Corporation
Sony Mobile Communications
Suzuki Motor Corporation
Teletrac Navman Group
TI (Texas Instruments)
TIA (Telecommunications Industry Association, U.S.)
TIM (Telecom Italia Mobile)
Toyota Motor Corporation
TRA (UAE Telecommunications Regulatory Authority)
TTA (Telecommunications Technology Association, Korea)
TTC (Telecommunication Technology Committee, Japan)
U.S. DOT (Department of Transport)
U.S. NHTSA (National Highway Traffic Safety Administration)
VoiceBox Technologies Corporation
W3C (World Wide Web Consortium)
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