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Connected Car
Connected Car Market size, country level shares, major value

Global Connected Car Market Analysis

According to Planet Market Reports, the global connected car market was valued at USD 65.55 Billion in 2018 and is projected to reach USD 196.04 Billion by 2026, growing at a CAGR of 14.7% from 2019 to 2026.
The latest survey on Global Connected Car Market is conducted covering various organizations of the industry from different geographies to come up with a 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition are facing along with gap analysis and new opportunity available and trend in the Connected Car Market. The report bridges the historical data from 2013 to 2018 and forecasted till 2026. The report aims to present the analysis of Global Connected Car Market By Component, By Product, By Application, By Region – North America, Europe, South America, Asia-Pacific, Middle East, and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities.

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What Is Connected Car Market?

Connected Car is a smart car which is connected with IoTs Internet of Things and other vehicles around it via internet and other local networks or personal networks. Connected cars can share data and information with each other. It is very useful in traffic updates, car safety and road safety. These cars are comfortable and easy to use as equipped with the latest technologies which allow the driver to use apps, connect with IoTs for safety and security, contact the dealer for maintenance and download software.
Global Connected Car Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Car users are becoming more conscious about the safety issues. Rising demand for the car safety, road safety, minimization of accidents drives the growth of connected cars market. Government is also mandating safety rules and regulations. These factors can give opportunity to develop the concept of connected cars and infrastructure viz. smart roads, autonomous traffic management. Mandatory rules and regulations and rapid growth in communication and information technology can create opportunities for the market.

Global Connected Car Market Competitive Landscape

The “Global Connected Car Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Bosch, Continental AG, Delphi Technologies PLC, DENSO Corporation, Harman International Industries, Inc., Infineon Technologies AG, NXP Semiconductors N.V., Toyota Motor Corporation, Valeo, and ZF Friedrichshafen AG. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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https://www.planetmarketreports.com/report-sample/connected-car-market-2019-2026

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