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The Asia Pacific Connected Car Market would witness market growth of 32.4% CAGR during the forecast period (2017 - 2023). India and China are the fastest emerging economies in the Asia-Pacific region, indicating ample growth opportunities for the development of connected car market.
China has expanded significantly in mobile connectivity technology, keeping customer benefits as a priority and accordingly launching connectivity enabled vehicles. The automatic link connects into a data port of the car through the hardware deployed in the connected car.
Based on Product & Services, the Connected Car market segments the market into Fleet Manager, Sensors, Processors, Wireless & Cellular Modules, OEM Services, and Aftermarket Services. Based on Connectivity Solutions, the market report segments the market into Embedded, Integrated, and Tethered. Based on Application, the Connected Car market segments the market into Navigation, Telematics, and Infotainment.
Based on Technology, the market report segments the market into 2G, 3G, and 4G & 5G. Based on Countries, the Connected Car market segments the market into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific. The market research report covers the competition analysis of key stakeholders of the Asia Pacific Connected Car Market.
Key companies profiled in the report include Telefonica, S.A, Verizon Communications, Inc., Harman International Industries, Incorporated, TomTom NV, AT&T, Vodafone Group Plc., Ford Motor Company, Bayerische Motoren Werke AG, AUDI AG, and Daimler AG.