The analysts forecast the Global Connected Car M2M Connections and Services market to grow at a CAGR of 28.45 percent over the period 2014-2018. One of the key factors contributing to this market growth is the increasing awareness and demand for safety and security of connected car M2M services. The Global Connected Car M2M Connections & Services market has also been witnessing the launch of LTE-based connected cars. However, the high cost of connected car M2M equipment and services could pose a challenge to the growth of this market.
The report, the Global Connected Car M2M Connections & Services Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Connected Car M2M Connections & 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.
The key vendors dominating this market space are Bayerische Motoren Werke (BMW) AG.,General Motors Co.,Sierra Wireless Inc,, Gemalto SA., ., and Verizon Telematics Inc.