Market Overview

The Connected Vehicle Market in Germany: 2018-2023 Analysis & Outlook - Double-Digit Growth Rate is Projected - ResearchAndMarkets.com

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The "Germany
Connected Vehicle Market (2018-2023)"
report has been added to ResearchAndMarkets.com's
offering.

The Germany connected vehicle market is expected to show double-digit
growth rates.

By 2020, 90% of cars are expected to be connected to the Internet,
according to a report by Telefnica. This will create a broadband mobile
environment for most of the drivers which has existed separate to the
current interconnected world of smartphones, computers, and content
providers. According to any car buyer, when it comes to technology and
cars, German manufacturers always come ahead of the best.

Mercedes and Audi are creating state-of-the-art research and development
facilities in Silicon Valley. BMW's new venture capital firm iVentures
is among the various initiatives that are helping Germany's status quo
as auto innovators gain major traction.

Through BMW's Connected Drive system, BMW owners have access to a wide
variety of different programs and applications, all available using the
iDrive controller and easily accessed using in-dash display. The number
of compatible applications is impressive. For entertainment, drivers can
listen to music using Amazon Cloud Player, audiobooks using Audible, and
custom radio stations using Pandora. When stopped at a traffic light,
the driver can check Twitter or Facebook messages or if it is an
especially long light, the rider can also perform a Google search and
browse the Internet, which enhances the in-car experience.

Currently, advanced connected cars are still considered to be luxury
items. But as the technology becomes cheaper, the innovations seen in
high-end German autos will trickle down to less expensive vehicles.

Key Growth Factors

  • Demand for a connected driving experiences is growing rapidly in this
    region. Major auto-makers and OEMs are working to make this a reality
    very soon.
  • Regulatory initiatives relating to safety and security will have a
    decisive effect on the adoption of OEM telematics all across Europe.

Threats & Key Players

  • OEMs in Europe are facing challenges in the form of increasing costs,
    extended supply chains, more complex vehicles, increasing customer
    demands and the need for an unprecedented degree of manufacturing
    flexibility.
  • Some of the key players who are operating in the market are:
    Airbiquity Inc, Aptiv PLC, Autoliv, Continental AG, Denso, NXP
    Semiconductors, Robert Bosch GmbH, TomTom, WirelessCar, and ZF
    Friedrichshafen.

Key Topics Covered

Chapter 1: Executive Summary

Chapter 2: Germany Connected Passenger Car - Market Overview

Chapter 3: Connected Passenger Car Services - Value Proposition

Chapter 4: Germany Connected Truck - Market Overview

Chapter 5: Modular Strategy and Potential Analysis - Global Truck Market

Chapter 6: Companies Profiled

  • Airbiquity Inc
  • Aptiv PLC
  • Autoliv
  • Continental AG
  • Denso
  • NXP Semiconductors
  • Robert Bosch GmbH
  • TomTom
  • WirelessCar
  • ZF Friedrichshafen

For more information about this report visit https://www.researchandmarkets.com/research/hrprqr/the_connected?w=4

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