Connected Mobility Solutions Market 2019 Global Industry Size, Growth Analysis, Segmentation, Future Trends, Sales Revenue, Key Vendors by Forecast to 2027
Connected Mobility Solutions Market is expected to grow with 19% CAGR during the forecast period 2018-2027. Connected Mobility Solutions Market Information by technology, by applications, connectivity form factors by Global Forecast to 2027
Pune, India – February 27, 2019 /MarketersMedia/ —
Connected Mobility Solutions Market Overview
The Internet of things (IoT) has encouraged technological advances in various industries such as home automation, energy, food and beverages, cryptocurrency, and automobile. Adoption of the IoT technology in the automobile industry has enabled the invention of connected cars and smart automotive vehicles, leading to an increased demand for connected mobility solutions in the industry.
Connected Mobility Solutions Market equip an automobile with internet access and, generally, also with a wireless local area network (WLAN). Internet access in the automobile provides internet connectivity to various smart devices, along with data sharing ability, inside as well as outside the vehicle. Rising awareness for road safety has caused the automobile industry to incorporate connected mobility solutions within cars to enhance the prevention and reduction of road traffic accidents and fatalities. With the use of Dedicated Short Range Communications (DSRC) technologies, connected mobility solutions can facilitate such safety-critical applications, influencing an upsurge in driving the CAGR of the global connected mobility solutions market.
According to In the latest report by Market Research Future (MRFR), deployment of the Internet of Things (IoT), and development of smart city projects across the globe will boost material substantial growth in the global connected mobility solutions market. Furthermore, factors such as rising demand for cloud-based connected solutions in the automobile industry and connected and autonomous vehicles will majorly drive the connected mobility solutions market during the forecast timeline.
Get Sample Report @ https://www.marketresearchfuture.com/sample_request/871
Though the advancements in connected mobility solutions technology are tremendous, growth of the market is restricted because many associated technologies are still in the initial stages of development. Connectivity to other vehicles, traffic signals, and solutions to avoid congestion in networks are some of the areas that need to resemble the developmental progress of the connected mobility solutions technology.
Key Players
Some of the prominent players in the global connected mobility solutions market are Mitsubishi Motors Corporation (Japan), Robert Bosch GmbH (Germany), Siemens AG (Germany), Cisco System Inc (U.S.), Nokia Networks (Finland), Molex Incorporated (U.S.), Deutsche Telekom AG (Germany), HUBER+SUHNER (Switzerland), NXP Semiconductors N.V. (Netherlands), as mentioned by the latest report by Market Research Future.
Segmental Analysis
Market Research Future has segmented the connected mobility solutions market on the basis of technology, application, connectivity, and region. On the basis of technology, the market has been segmented into Wi-Fi, Bluetooth, 4G/LTE, and 5G. Based on the applications, the connected mobility services market is segmented into navigation, and telematics. The segment of navigation is further categorized into road and vehicle monitoring, and real-time data capturing and management. The telematics segment has been further segmented into in-car, car-to-car, and car-to-infrastructure. Based on the connectivity, the market is segmented into integrated connectivity, embedded connectivity, and tethered connectivity.
Detailed Regional Analysis
The market for connected mobility solutions has been regionally segmented by MRFR into Asia Pacific (APAC), North America, Europe, and Rest of the World (RoW). The North American market is estimated to claim the largest market share and is also expected to grow at the fastest rate during the forecast time period. Immense growth of the market in North America can be owed attributed to the rise in the adoption of the Internet of Things in the region. Furthermore, U.S.- and Canada- based automobile companies are working on new methods to eliminate car-based accidents and enable a safer driving experience.
The European market is expected to showcase higher momentum in growth owing to the rising demands for connected mobility solutions in the automotive sector in the region. Similarly, the market of Asia Pacific (APAC) is expected to garner exponential growth, especially in countries including such as India, Japan, and China. Such growth in the APAC market can be attributed to a the boost in the adoption of smart and electric automobiles among the general population. Within the APAC market, China is estimated to emerge as a leading economy due to an escalation in the demand to own a vehicle with better connected technology.
Get Complete Report @ https://www.marketresearchfuture.com/reports/connected-mobility-solutions-market-871
Intended Audience:
Technology Investors
Research/Consultancy Firms
Consulting Service Providers
System integrators
Connected mobility solutions Solution Providers
Cloud Service Providers
Technology Providers
Connected mobility solutions Providers
Universities and research organizations
Investors and venture capitalists
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Contact Us:, Market Research Future, Office No. 528, Amanora Chambers, Pune – 411028, Maharashtra, India
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/connected-mobility-solutions-market-871
Source: MarketersMedia
Release ID: 486670
Copyright © 1999-2013 SproutNews.com
