[sonbuster]

Connected Car Market Worth $98.42 Billion by 2018 - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

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SOURCE MarketsandMarkets

DALLAS, Texas, March 14, 2013 /PRNewswire/ --

According to a new market research report "Connected Car Market (2013-2018): By Connectivity Technology (LTE, Wi-Fi, 3G, HSPA); Form Factor (Tethered, Embedded, Integrated); Product and Service (OEM and Aftermarket), Application (Navigation, Telematics, Infotainment) and Geography" published by MarketsandMarkets the total market is expected to reach total shipments of 59.86 million units by 2018, growing at an estimated CAGR of 41.2% from 2013 to 2018.

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124 market data tables
72 figures
314 pages and an in-depth Table of Content on "Connected Car Market"

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Thanks to the rapid technological advancements in network and mobile technology such as LTE, Wi-Fi, providing Internet in car has caught up as an emerging trend in the automotive industry. Connectivity in car is increasingly becoming a must-have feature and key driver to the industry. Consumers' demands and mandates (both - existing and expected) are the prime drivers. Most of the major economies have already introduced one mandate or the other such as eCall in Europe and GLONASS in Russia. No wonder most of the industry experts opine that the connected car is all set to be the next big thing in the automotive industry. Future generations will rely more on cloud-based backend systems for content, information, and services. This turning of car into a huge data repository will open new avenues of business opportunities for service industries such as insurance and content providers such as Spotify (U.K.).

The major companies include General Motors (U.S.), BMW (Germany), Ford (U.S.), Audi (Germany), Diamler AG (Germany), Harman International (U.S.), TomTom (The Netherlands), Luxoft (Russia), Sierra Wireless (U.S.), Apple Inc (U.S.), AT&T (U.S.), Alcatel Lucent (U.S.), Verizon (U.S.), and China Mobile (China), Microsoft (U.S.), QNX Software (U.S.), Delphi Automotive (U.S.), and Intel Inc. (U.S.) among others.

This report describes the market trends, drivers, and challenges with respect to the connected car market and forecasts the market to 2018, based on connectivity technology, form factors, products and services, applications, and geography. This report covers geographies like the North America, Europe, APAC, and ROW (Rest of the World). North America is the largest geography in terms of connected car unit shipments and market revenue. APAC has been identified as the fastest growing region, with China leading the way. Europe and ROW also sound promising, with Brazil, Germany, and Russia providing impetus to the growth. The report profiles 26 promising players in the connected car market ecosystem.

The competitive landscape of the market presents a very interesting picture, where large number of small players has become a force to reckon with. The market is witnessing large scale collaboration and partnership across the value chain apart from numerous consortiums being formed.

[Shanerredflag]

Nice...thx for sharing.

Posted via CB10

[cjcampbell]

Connected Car Market Worth $98.42 Billion by 2018 - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

Only issue I have is listing QNX as US.

[Shanerredflag]

Only issue I have is listing QNX as US.

Caught that as well...but give it 60% of the market and I won't care if they claim Apple invented it.

Posted via CB10

[cjcampbell]

Caught that as well...but give it 60% of the market and I won't care if they claim Apple invented it.

Posted via CB10

I do!! **** that ****

[La Emperor]

If we accept the fact that the smartphone is one leg of mobile computing, then the other leg ( albeit the bigger leg ) will be the connected car. Look at where the future is taking us, where HTML 5 will be de-facto. I believe the apps barrier count will be irrelevant in 5 years.
The king of the car integration platform is QNX. Everyone must obey their rules.
QNX CAR Application Platform

And look at their very impressive partners:
QNX CAR Application Platform

And their ecosystem.
QNX CAR Application Platform

This is the future and this is where BB will make a killing.

[ccbs]

If we accept the fact that the smartphone is one leg of mobile computing, then the other leg ( albeit the bigger leg ) will be the connected car. Look at where the future is taking us, where HTML 5 will be de-facto. I believe the apps barrier count will be irrelevant in 5 years.
The king of the car integration platform is QNX. Everyone must obey their rules.
QNX CAR Application Platform

And look at their very impressive partners:
QNX CAR Application Platform

And their ecosystem.
QNX CAR Application Platform

This is the future and this is where BB will make a killing.

Saying the connected car market for BB will be bigger than mobile handset is just laughable. QNX was already a recognizable name in the car infotainment platform market and they could only fetch 40 million from BB.
The overall connected car market may be huge for the car manufacturers but not for the apps platform, and it is definitely not bigger compare to the mobile handsets market. The car manufacturer license the apps platform for around ~100 dollars per car depends on feature and customization and the total amount of car sold in a year is estimated to grow to about 60 million, give or take. The handset market is about 1.9 Billion in 2013 and if we assume close to 50% smartphone penetration rate, it will be 900 million. Per handset margin fluctuates a bit but should be around ~150 depends on the mix. If you look at the numbers, 5% on the handset market will be worth than having 100% of the connected car market for BBRY.

Unless QNX can corner the whole conected car market ( >80% market share) and BBRY handset market share totally tank, it is unlikely that the connected car will be bigger than the handset business.

[La Emperor]

You're right. I underestimated the enormity of the growth of the smartphone industry. Duhhh...
But back to licensing, really a $100 per car? I thought it was multiples of that. Anyway thanks for the info. Will do some more digging.

Saying the connected car market for BB will be bigger than mobile handset is just laughable. QNX was already a recognizable name in the car infotainment platform market and they could only fetch 40 million from BB.
The overall connected car market may be huge for the car manufacturers but not for the apps platform, and it is definitely not bigger compare to the mobile handsets market. The car manufacturer license the apps platform for around ~100 dollars per car depends on feature and customization and the total amount of car sold in a year is estimated to grow to about 60 million, give or take. The handset market is about 1.9 Billion in 2013 and if we assume close to 50% smartphone penetration rate, it will be 900 million. Per handset margin fluctuates a bit but should be around ~150 depends on the mix. If you look at the numbers, 5% on the handset market will be worth than having 100% of the connected car market for BBRY.

Unless QNX can corner the whole conected car market ( >80% market share) and BBRY handset market share totally tank, it is unlikely that the connected car will be bigger than the handset business.

[Shanerredflag]

Great points but I think today they get around 100.00 per vehicle for a basic console app which runs the car gadgets...start layering in maps, contacts, MDM and the price should increase. Perhaps they will even have packages...like basic, standard and premier...or something similar, each with their own price points....just my two cents.