Connected Car M2M Connections and Services Market in SEA 2016-2020

Overview of the connected car M2M connections and services market in SEA

According to the analysts at Technavio, the connected car M2M connections and services market in SEA is envisaged to witness incredible growth and will post a CAGR of more than 34% over the forecast period. The rising demand for in-car infotainment services is one of the primary factors driving the growth of this market in SEA. In vehicles, infotainment units serve the driver’s and passengers’ entertainment needs as they offer audio and visual entertainment, connectivity, and navigation facilities. Infotainment also involves dedicated streaming from multimedia content and access to social networks. Moreover, it includes productivity services such as cross-linking the vehicle with smart homes so the end user can control several household functions from the car, such as regulating the heat, testing security cameras and window sensors, accessing e-mails, and managing phone calls. The inclusion of such handy features with the infotainment services will lead to its augmented adoption during the predicted period.

One of the emerging trends impelling the growth prospects of this market is the introduction of separate audio zones for both the front and rear seats in connected cars. Currently, most vehicles are equipped with music tracks, real-time traffic updates, communication notifications, and video soundtracks. If any of these features are switched off by the driver, it might end up in the dissatisfaction of other passengers in the car. Therefore, modified features are developed to achieve directional sounds that optimize audio signals. Moreover, this advantage can be obtained without the use of headphones but with the help of the standard audio speakers mounted in the car doors. This new-age system provides complete isolation between the front and the rear seating zones and enables the passengers to change the specifications as per their requirements, which will aid in this market’s growth over the next four years.

Segmentation by application and analysis of the connected car M2M connections and services market

• Safety and driver assistance
• Infotainment
• Vehicle management
• Insurance-based telematics

The safety and driver assistance segment dominated the connected car M2M services market in SEA and accounted for a market share of nearly 30% during 2015. Safety features include the ability to contact emergency services, vehicle diagnostics and directions, and track stolen vehicles. Moreover, the safety features have improved considerably with the deployment of sensors in vehicles that have transformed the passengers’ overall experience. Since safety remains a critical matter of concern for consumers and auto manufacturers, this segment is anticipated to show promising growth in the coming years.

Competitive landscape and key vendors

The connected car M2M connections and services market in SEA is highly fragmented owing to the presence of several well-established international, regional, and local suppliers. With telecommunications companies, telematics providers, automobile companies, chip makers, and technology providers exploring the market, the vendor competition is likely to intensify in the coming years.

The leading vendors in the market are -

• Audi Connect
• BMW
• Delphi
• Ford
• Singtel
• Toyota

Other prominent vendors in the market include AT&T, BT, China Mobile, Datora Telecom, Deutsche Telekom, Ericsson, Everything Everywhere, KDDI, Orange, Sprint, Telefonica, Telenor, Vodacom, Vodafone, Airbiquity, Apple, Autonet Mobile, Axway, Broadcom, CalAmp, Daihatsu, Daimler, Garmin, Google, Harman International, HERE, Hyundai Motors, IBM, Intel, Intelligent Mechatronic Systems  , Ituran, Luxoft Holdings, Mahindra, Masternaut, Microsoft, Nokia, Nuance Communications, OmniLink, OmniLink, Porsche, Qualcomm, RACO Wireless, Selftrack, Sony, Tata Consultancy Services, Tech Mahindra, Telit Communications, Tesla Motors, TomTom, Transatel, Viper, Virdata, Volvo, Wireless Car, Zhejiang Geely, and Zubie.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the connected car M2M connections and services market in SEA?
• What are the key market trends impacting the growth of the connected car M2M connections and services market in SEA?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the connected car M2M connections and services market in SEA?
• What are the trending factors influencing the market shares of SEA?
• What are the key outcomes of the five forces analysis of the connected car M2M connections and services market in SEA?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

• Connected Car M2M Connections and Services Market in the US 2016-2020
• Global Connected Car M2M Connections and Services Market 2016-2020
• Connected Car M2M Connections and Services Market in WE 2016-2020
• Global M2M Network Security Market 2016-2020

Machine-to-machine (M2M) connections involve the use of technology to exchange information and perform actions without the manual assistance of humans. Connected cars are equipped with cellular connectivity and wireless services to offer the driver and passenger high-speed connectivity, along with advanced features like an improved navigation system and mobile Wi-Fi hotspot.

The report, connected car M2M connections and services market in SEA, is part of Technavio’s ICT research portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as automatic identification system, cloud computing, data center, enterprise application, IT security, ITO and BPO, and product lifecycle management. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.