Global connected car market to reap revenues in excess of $21.7 billion in 2013

Wednesday 2 October 2013, Amsterdam

This new report examines the global connected car market with a focus on which method of connectivity will ultimately become dominant by 2018. This timely and holistic report is entitled Automotive Bring Your Own Device (BYOD) Market 2013-2018: Smartphones & Tablets vs. Embedded Connected Car

The global automotive industry is increasingly incorporating telematics into vehicle design, for the purpose of infotainment, safety, security and communications. Meanwhile consumer expectations are also evolving, forcing vehicle manufacturers to offer advanced connectivity systems in their cars and ensuring steady growth of demand. Government regulations for emergency assistance and for stolen vehicle tracking are speeding up the process of telematics adoption. We expect that by 2025 all cars will be connected in one way or another.  As a consequence this reporthas determined that the total revenue from the connected car market in 2013 will reach $21.7bn.

However, in-car connectivity can be achieved in a number of different ways – embedded in the car by the manufacturer or made possible with bring your own device (BYOD) solutions that promise to expand the revenue potential and adoption rates of smartphones, tablets and mobile operators. This report examines each connectivity type in detail forecasting both revenues and shipments from 2013-2018 of cars utilising each connectivity solution. For investors and potential ecosystem members this report will provide a timely and holistic look at how to position your company in this market in order to reap substantial revenues and market shares going forward.

The report analyses 17 leading companies in the connected car space and also provides information on vendor and manufacturer strategies for succeeding in the connected car space. Three methods of connectivity are defined and forecasts for both revenues and shipments of cars utilizing these solutions are provided in both global and regional terms.

This 141 page report contains 141 tables and charts that add visual analysis in order to explain key factors of the BYOD connected car market and the companies involved. Visiongain provides statistics and forecasts for the period 2013-2018 in terms of value (US$) for revenues as well as detailed forecasts and statistics on shipments, both globally and regionally. Submarket forecasts are provided for embedded, integrated, and tethered connected car systems by shipments and revenues.

Further submarket forecast for embedded, integrated, and tethered connected car systems are forecast individually within each region by shipments and revenues. The report also provides an exclusive interview with Broadcom, providing expert insider insight alongside Visiongain analysis.

The author of the Automotive Bring Your Own Device (BYOD) Market 2013-2018: Smartphones & Tablets vs. Embedded Connected Car report commented that “Connected cars are an inevitability, driven by both government regulations and consumer demands. Potential ecosystem members and investors must act now in order to position themselves to gain substantial revenues and market share in the connected car market.”

The Automotive Bring Your Own Device (BYOD) Market 2013-2018: Smartphones & Tablets vs. Embedded Connected Car report will be of value to current and future potential investors into the mobile telecoms sector, as well App Developers, Car Manufacturers, Investors; Mobile network operators; Original Equipment Manufacturers; Semiconductor Providers; Software designers and Telematics solution providers.