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The reality of the connected car business has more nuances to it than just the discussion around connected services; today connected convenience, safety and information constitute the definition of connected vehicles. Connected cars are taking center stage in the IOT universe, as they are slated to grow from approximately 17 million in 2015 to 60 million in 2022 . Connected cars are driven by their promise of a safer and convenient future, a future with lesser accidents and hassle free commuting. Connected cars are not only unlock new features to customers, they enable OEMs to create a recurring revenue stream. One of the biggest threats that impedes the adoption of connected cars include cybersecurity. The bottom line here is that automakers will end up relying a lot on third parties in this dynamic market, and this is where the traditional OEM-Tier 1 relationship will be tested to the limits.
The Frost & Sullivan Connected Car Program Area looks at the Disruptive and sustaining trends across the market such as:
• Global Connected car strategies: Connected Car Platforms and Services (OTA, UBI and Analytics)
• Evolving business models, key disruptors, Technology innovation and Voice of Customer
• Dedicated focus on elements like Human Machine Interface, Navigation and Audio Systems, Telematics, Driver monitoring systems, Smart Access
• Business Focus: Competitive landscape, Geographic trends, Pricing analysis
07 Jul 2020  |  Global
Tier 1 Suppliers R&D budgets affected due to demand side crisis, focusing on new technologies through partnerships key to sustain revenues.
The market landscape of tier 1 suppliers is going through a transformation. Connected cars is the fastest-growing segment of the overall automotive industry, and the growth is being driven by new technology solutions, new business models, and services. Partnerships, collaborations, and mergers and acquisitions (M&As) will accelerate as the market m...
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18 May 2020  |  North America
The Adoption of Telematics Systems will Increase after the Market Recovers from the COVID-19 Impact; Automakers at the Forefront of Implementing OTA Capabilities and Cloud Strategies will Capture Huge Revenues from Associated Services
Connectivity is increasingly no longer an optional feature for vehicles. The automotive industry is in the midst of a massive transformation, where automakers are no longer hardware makers but are evolving into tech companies. The study aims to provide an insight into the challenges and technology innovations of the new decade that will transform t...
03 Feb 2020  |  Europe
Understand Consumer Perceptions, Technology Preferences, and Expectations for the Future
The scope of the research study is to evaluate the current use of connected car applications such as digital assistants, online infotainment services, telematics services, navigation services, and data-enabled services among respondents in Europe. In addition, this study will also focus on customer analysis bifurcation by vehicle segment type acros...
29 Jan 2020  |  North America
Flexible Access to Telematics Services will be the Preferred Subscription Model in Future
This study seeks to evaluate the current usage of connected car applications such as digital assistants, online infotainment services, telematics services, navigation services, and data-enabled services in the United States. It also focusses on customer analysis bifurcation by vehicle segment, brand, and customer preference. The study seeks to high...
20 Dec 2019  |  North America
About $17.30 Billion of Vehicle Related Purchases and Personal Consumer Spending will be Allocated to Cars through Integrated Marketplace Applications by 2025
This study of marketplace operations inside cars is an introduction of a new business model that places merchants and their products such as fuel, quick service restaurants (QSR), parking, toll payment, ticketing and their services such as reserving, ordering, picking-up and paying from the vehicle head unit or aided by virtual assistants into the ...$10,000.00
29 Nov 2019  |  Global
Despite Fierce Competition, Digital Assistants will Coexist And Become Complementary, Providing Access to Each Other's Growing Strengths and Services
The study provides an overview of the upcoming technologies, features, services and trends pertaining to digital assistants in the automotive industry. Digital assistants have evolved from their infotainment use cases to vehicle and driver safety use cases. Original equipment manufacturers (OEMs) and Tier I suppliers are significantly investing in ...
22 Nov 2019  |  North America
In-vehicle Payments From Various Use Cases Expected To Reach $3,500 Annually Per Car By 2025
As the in-vehicle eCommerce market gains traction in the automotive space, it makes way for the development of an entire retail ecosystem across passenger vehicles. With payments being the end-point of a commerce network, the automotive industry will have to partner with service providers to pick-up on connected services to transform the commute ti...
08 Oct 2019  |  North America
Next-generation Vehicles With Long Term Evolution (LTE) Connectivity to Give Rise to Broader Service Structures Such as Over-the-air (OTA) Updates and Predictive Diagnostics
This study analyses the strategies, competitive landscape, business models, and future focus areas of original equipment manufacturers (OEMs), telematics service providers, and technology companies in the global automotive embedded telematics services market. This study aims to analyse the telematics services market with a focus on market trends; t...
29 Mar 2019  |  North America
By 2020, Retail Platforms Like Marketplace to be Introduced by Major Automakers in the U.S and Premium Automakers are Considering Features On-demand as a Future Business Model
The 2019 version of the connected car outlook covers an overview on the upcoming technologies, features, services and global trends surrounding connected cars and automotive IT. The research includes latest features being introduced by automakers such as Marketplace, features-on demand, in-vehicle payments and newer telematics services. Predictions...$6,000.00
31 Jan 2019  |  North America
Real-Time Contextual Navigation Services to Catalyse Future Growth
The focus of this study is to strategically analyze the market for automotive navigation systems in North America, South America, Europe, and China. Key market drivers, restraints, and trends are covered, and recent developments in the market are discussed. The study provides a unit shipment forecast analysis of original equipment embedded navigati...