The connected cars market is analyzed, and market size, volume information is provided by country, service, hardware type, form type, end market, transponder and network as referenced above.
The countries covered in the connected cars market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
North America dominates the connected cars market due to the arrival of technological giants. Furthermore, the automobile manufacturers are forced to develop innovative capabilities and cultural changes to compete with them. This will further boost the growth of the connected cars market in the region during the forecast period. Asia-Pacific is projected to observe a significant amount of growth in the connected cars market due to smartphone penetration. Moreover, the employment of high-speed internet services and decreasing average selling price is further anticipated to propel the growth of the connected cars market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.