Connected Mobility Market Scope
The network opens up new opportunities to create and improve vehicles and mobility services, which makes mobility more secure, more productive, and more helpful. By seamlessly connecting clients, vehicles, and services over the web, drivers also get a captivating experience and eventually have more fun behind the wheel. Connected Mobility is nothing but connection with internet while moving. It either include vehicle to vehicle connection or vehicle to others connection. In the connected mobility mode, vehicles are able to connect with traffic signals and signs and other modes of transport such as railroads and airplane.
The Connected Mobility market study is segmented, by Application (Navigation and Telematics) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, and new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Connected Mobility market throughout the predicted period.
Robert Bosch GmbH (Germany), Aptiv (Ireland), ZF Friedrichshafen AG (Germany), Microsoft Corporation (United States), Mitsubishi Motors (Japan), Siemens AG (Germany), Cisco System Inc. (United States), Nokia Networks (Finland), Molex Incorporated (United States) and Deutsche Telekom AG (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Denso Corporation (Japan), HUBER+SUHNER (Switzerland) and Freescale Semiconductor Inc. (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Connected Mobility market by Type, Application and Region.
On the basis of geography, the market of Connected Mobility has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In September 2019, Continental launched CoSmA Arrangement, a digital door opener for Honda E. This is a smartphone-based access solution that will empower Honda E proprietors to open their vehicles or share the key with others using their mobile phones.
Market Trend
- Introduction of Driverless Vehicles in the Market
Market Drivers
- Rising Number of Service Provider
- Technological Advancement in Automobile Sector
- Rising Adoption of High End Technology
Opportunities
- Expansion of Global Automotive Industry
- Emergence of Various Technologies Like Artificial Intelligence and 5G
Restraints
- Lack of Infrastructure for Proper Functioning of Connected Cars
Challenges
- Network Connectivity in Some Rural and Urban Areas
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Service Provider, Government Regulatory and Research Organizations and End-Use Industries