The article cited AMA's Global Connected Cars Market Study explored substantial growth with CAGR of 15.1%. According to the study, Surging Adoption of IoT Technology is one of the primary growth factors for the market. Rise in the Demand for Safer, More Efficient, and Convenient Driving is also expected to contribute significantly to the Connected Cars market. Overall, Vehicle management applications of Connected Cars, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Google Inc. (United States), Aptiv (Ireland), General Motors (United States), Audi AG (Germany), Ford Motor (United States), AT&T Inc. (United States), NXP Semiconductors N.V. (Netherlands), BMW AG (Germany), Apple Inc. (United States) and Mercedes-Benz (Germany) pushing strong cash flow in Market which is also a key in driving revenue growth.

AMA’s Analyst on the Global Connected Cars market identified that the demand is rising in many different parts of the world as "Evolution of the New Value Chain Ecosystem of the Automotive Industry ". Furthermore, some recent industry insights like "In January 2019, Aptiv, a leading advanced automotive propulsion solutions provider, announced a collaboration with TomTom, a leader in navigation, traffic and map products. The two companies will collaborate on electronic and software applications designed to further optimize vehicle fuel efficiency and emissions through the use of real-time mapping data" is constantly making the industry dynamic. One of the challenges that industry facing is "Increase in the Threat of Cyber Security for Smart Vehicles and Cost Optimization of the Connected Car Technology in the Vehicle"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Connected Cars market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Connected Cars market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Connected Cars market tight?
• Which application/end-user category or Product Type [] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Connected Cars market and other related sub-markets covered in the study.

o Key & emerging players in the Connected Cars market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Connected Cars market size is calculated using market estimation process, the Connected Cars market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Connected Cars market size has been validated using both top-down and bottom-up approaches.