Connected Mobility Solutions Market Analysis - Emerging Technologies and Industry Growth by Forecast to 2023
Connected Mobility Solutions Market Analysis - Emerging Technologies and Industry Growth by Forecast to 2023
The prominent players in the market of connected mobility solutions are- Microsoft Corporation, NXP Semiconductors N.V., Freescale Semiconductor Inc., Texas Instruments Incorporated, Apple Inc., Honda Motor Co. Ltd., Ford Motor Company, General Motors company, Audi AG, Hyundai Motor Group, Tesla Motors, Volkswagen among others, are profiled in MRFR Analysis and are at the forefront of competition in the global connected mobility market.
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Faurecia, a leading global automotive supplier, and Accenture, a global professional services company, announced that they have signed a memorandum of understanding for a five-year collaboration to accelerate innovation for mobility services. They will focus initially on two areas: cognitive technologies to reinvent the on-board user experience, and services to enhance health and wellness. They also intend to leverage digital technologies such as artificial intelligence (AI), advanced analytics, augmented and virtual reality, blockchain and quantum computing to further accelerate Faurecia digital transformation.
Connected Mobility Solutions Market Global Market - Overview
Connected mobility solution market in the automobile market is expected to witness tremendous opportunities in the upcoming years as the demand for cars are increasing day by day. Connected mobility solutions provide the feature to access the controls via different media. Many of the automobiles are now-a-days equipped with intelligent digital assistance systems, which turns to be a major factor driving the growth of the connected mobility solutions market. However, the connection of vehicles to each other, to traffic lights, congestion warning systems and infrastructure is still in a development stage. There are many challenges that connected mobility market faces. One of the major challenge is the infrastructure of roads and highways to be compatible with this Connected Mobility Solutions Market Analysis. Many of the countries in regions like Asia Pacific, the Middle East & Africa, and South America still lack a proper structure of roads and highways with supporting infrastructure. The key players in the mobility sector are now reinventing themselves thanks to the enormous potential of Connected Mobility: the market for connected vehicles is supposed to grow by 45% up to 2020
Segmentation
Segmentation by Technology: Wi-Fi, Bluetooth, HSPA+, 3G and LTE
Segmentation by Applications: Navigation (road and vehicle monitoring, real time data capturing and management), Telematics (In-Car, car to car, and car to infrastructure), infotainment (entertainment and communication).
Segmentation by Connectivity form factor: Tethered connectivity, Integrated Connectivity, and Embedded Connectivity.
Segmentation by region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
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