Albany, NY -- (SBWIRE) -- 10/08/2014 -- The consumer electronics market typically consists of electronic devices that are used in everyday life. Whether it is a home, an office, or a car – consumer electronics are practically used everywhere. This market is made of a vast retail range of electrical products, new appliances, and home entertainment products such as cameras, musical recording, GPS navigators, recorders, video-media players, play-back devices, phones, smartphones, computers, laptop, calculators, game consoles, and many more.

The global connected car market is primarily driven by the changing consumer preference and growing awareness about safety and security. The growing need for connectivity and government mandates are also supporting the growth of this market. Some of the factors inhibiting the growth of this market are high cost of hardware and risk of distraction by driver. Rapid advancements in network technology serve as an opportunity, fuelling the growth of this market.

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The report titled “Connected Car Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 – 2019,” provides in depth analysis, market size estimates, market shares, and forecast covering the period 2013 – 2019 for the connected car market across the globe. It discusses market drivers, restraints, opportunities, and market trends.

The connected cars market has been segmented based on technology into 4G (LTE), 3G (UMTS, HSPA, HSPA+), and 2G (GSM, GPRS, EDGE). Based on connectivity solutions the market is segmented into embedded, tethered, and integrated. Navigation, telematics, and infotainment are the various applications considered in the scope. North America, Europe, Asia Pacific, and Rest of the World (RoW) are the key regions analyzed on the basis of geography. Each regional segment is analyzed by countries in terms of revenue (USD million) from 2013 to 2019. Market estimates and forecast are made after critical analysis of various trends and demographic and economic factors which affect the market growth.

The market attractiveness analysis helps in understanding future of various connectivity technologies used in connected cars. To aid in strategic decision-making, detailed profiles of major key players are included. The study analyzes industry players in terms of revenue, SWOT, business strategies, and recent developments in the field of connected car. It includes the recent activities of players in terms of product launches, supply contracts, expansion plans, and partnerships and collaborations in the industry.

The report segments the global connected car market as:

Connected Car Market, by Connectivity Technology:
4G technology
LTE
3G technology
UMTS
HSPA
HSPA+
2G technology

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Connected Car Market, by Connectivity Solutions:
Embedded
Tethered
Integrated

Connected Car Market, by Application:
Navigation
Telematics
Infotainment

Connected Car Market, by Geography:
North America
U.S.
Mexico
Canada
Europe
Germany
UK
Italy

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