Embedded Connectivity Solutions Market Shows Astonishing Growth with Top Influencing Key players | Sierra Wireless, Intel Corporation,Google.
Embedded Connectivity Solutions Marketare technological services and offerings that provide real-time information. This solution is basically a part of the overall electrical and mechanical system which includes the hardware, software and mechanical system as well. The implementation of this service in vehicles provide the driver of the vehicle to be connected with various online platforms, providing safety, security, enhanced performance, comfort and better networking technology.
Global embedded connectivity solutions market is expected to grow with a steady CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the growing trends and adoptions of connectivity solutions globally in different applications of a vehicle.
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Competitive Analysis: Global Embedded Connectivity Solutions Market
Few of the major competitors currently working in Global Embedded Connectivity Solutions Market are Airbiquity Inc.; TomTom International BV; Cisco; Apple Inc.; Delphi Technologies; HARMAN International; Microsoft; QNX Software Systems Limited; Verizon; Sierra Wireless; Intel Corporation; Aeris; Google; NXP Semiconductors; IMS - Part of Trak Global Group; Robert Bosch GmbH; WirelessCar; Texas Instruments Incorporated and Vodafone Automotive SpA.
Key Pointers Covered in the Global Embedded Connectivity Solutions Market Trends and Forecast to 2026
- Global Embedded Connectivity Solutions Market New Sales Volumes
- Global Embedded Connectivity Solutions Market Replacement Sales Volumes
- Global Embedded Connectivity Solutions Market Installed Base
- Global Embedded Connectivity Solutions Market By Brands
- Global Embedded Connectivity Solutions Market Size
- Global Embedded Connectivity Solutions Market Procedure Volumes
- Global Embedded Connectivity Solutions Market Product Price Analysis
- Global Embedded Connectivity Solutions Market Healthcare Outcomes
- Global Embedded Connectivity Solutions Market Cost of Care Analysis
- Global Embedded Connectivity Solutions Market Regulatory Framework and Changes
- Global Embedded Connectivity Solutions Market Prices and Reimbursement Analysis
- Global Embedded Connectivity Solutions Market Shares in Different Regions
- Recent Developments for Global Embedded Connectivity Solutions Market Competitors
- Global Embedded Connectivity Solutions Market Upcoming Applications
- Global Embedded Connectivity Solutions Market Innovators Study
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Key Developments in the Market:
- In February 2019, NXP Semiconductors announced the launch of a new vehicle network processing chipset which will enable automotive OEM’s to provide consumers with connectivity solutions to their consumers. The chipsets termed as “MPC-LS” is a combination of NXP’s “MPC5748G” microcontroller along with “LS1043A” communications processor.
- In February 2017, Sierra Wireless announced that Volkswagen AG has chosen Sierra Wireless’s “AirPrime AR Series modules” and their “Legato software platform” for the integration of these services in the next generation of the connected cars which will be commercialised by the beginning of 2018 globally.
Market Drivers:
- Increased effectiveness and efficiency of performance in a vehicle as it provides real-time updates and information; this factor is expected to drive the growth of the market
- Rise in demand for automated & management transportation systems; this factor is expected to drive the growth of the market
Market Restraints:
- High cost associated with the implementation and complications in the integration of these connectivity services with the vehicle is expected to restrain the market growth
- Concerns regarding the theft of data and privacy concerns is expected to restrain the market growth
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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