DUBLIN, Sept. 16, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Connected Car M2M Connections and Services Market in the US 2014-2018" report to their offering.
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Machine-to-machine (M2M) connection refers to the connection established between two electronic or mechanical devices for the purpose of automated data transmission. Connected car M2M connection refers to the automated wireless data transmission between two cars, the car and OEMs, car and third-party service providers, car and enterprises, car and internet capable devices, or car and infrastructure. For instance, many users use the connected car M2M services for tracking stolen vehicles, making automated calls about an accident, on-the-move video transmission, navigation, and telematics.
The analysts forecast the Connected Car M2M Connections and Services market in the US will grow at a CAGR of 16.92 percent over the period 2013-2018.
The Connected Car M2M Connections and Services market in the US can be divided into two segments by application and vertical.
The report, the Connected Car M2M Connections and Services Market in the US 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Connected Car M2M Connections and Services market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
As of July 2013, almost 200 LTE networks had been deployed across the world and another 90 new LTE networks were in the deployment phase. In addition, more than 25 countries are expected to auction their LTE networks by the end of 2015. Hence, the availability of LTE networks across the globe, including the US, is expected to increase rapidly during the forecast period.
Due to the increasing availability of high-speed LTE networks, many car manufacturers, connected car M2M platform developers, and telecom operators are developing partnerships to launch LTE-based connected cars over the next few years. For instance, AT&T and GM signed a deal to launch LTE-based connected cars by the end of 2014 in the US, and Sierra Wireless launched an LTE-based connected car M2M module, which will be operated on Verizon's LTE networks across the US.
According to the report, one of the main drivers in this market is the increased awareness and demand for safety and security connected car M2M services. The awareness of safety and security services among vehicle users in the US is seen to be growing at a rapid rate. Many users use connected car M2M services to access emergency services, vehicle diagnostics, prevent accidents, and convey information about stolen vehicles.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Market Landscape
07. Connected Car M2M Services Market in the US by Service Category
08. Connected Car M2M OEM Market in the US by Product or Service
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
Companies Mentioned:
- AT&T Inc.
- Airbiquity Inc.
- Alcatel-Lucent Inc.
- Apple Inc.
- Audi AG
- Bayerische Motoren Werke (BMW) AG
- Daimler AG
- Delphi Automotive LLP
- Ford Motor Company
- Garmin Ltd.
- Gemalto S.A.
- General Motors Co. (GM)
- Harman International
- Hyundai Motor Co.
- Intel Corp.
- Luxoft Holdings Inc.
- Microsoft Corp.
- Nokia Corp.
- Nuance Communications Inc.
- Sierra Wireless Inc.
- Sony Corp.
- Tata Consultancy Services Ltd.
- TomTom International BV
- Toyota Motor Corp.
- Verizon Telematics Inc.
For more information visit http://www.researchandmarkets.com/research/vsq73z/connected_car_m2m
Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net
