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Recent research: Global connected car market growing at a CAGR of 27.5% during the forecast period of 2017-2024

This market study identifies Denso Corporation, AT&T, Inc, Delphi Automotive, Ford Motor Company, and Tesla Motors, Inc as the leading players in the Global Connected Car Market. A comprehensive analysis of this market is also presented by Component (Hardware, Semiconductor {Microcontrollers, FPGAS, DSPS, and Memory Chips}, Connectivity ICs {Cellular, Wi-Fi, Bluetooth}), Application (Telematics, Infotainment, Combined) and geography (the Americas, APAC, and EMEA)

The Global Connected Car Market accounted for USD 28.3 billion in 2016 growing at a CAGR of 27.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Connected car is a car Make an Inquiry about this news well equipped with internet connectivity and wireless LAN to optimize its own operation and maintenance as well as the convenience and comfort of passengers using onboard sensors. This technology has led to improved safety as well as enables the car to be connected with online platforms and facilitate the driver with real-time communication.