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The North America Connected Car Market would witness market growth of 29.9% CAGR during the forecast period (2017-2023). North America adopts new technologies relatively earlier than any other regions. Factors such as technological advancements and increasing need for connectivity among the customers are the major drivers for the connected car market in the North American region. U.S was one of the first countries to adopt connected cars and M2M connectivity in the automotive sector. Five years down the line, vehicles would be transformed into communication objects. Connectivity access is the need of the hour, as people wish to stay connected with the outer world even while travelling. New hi-tech devices, smart phones, high-speed internet, various applications & open sources such as android systems have transformed the concept of connected vehicles.
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 US, Mexico, Canada, and Rest of North America. The market research report covers the competition analysis of key stake holders of the North America 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.