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Middle East and Africa Connected Car Market 2016-2024 | Insights, Trends, Demand & Competitors Analysis
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Middle East and Africa Connected Car Market 2016-2024 | Insights, Trends, Demand & Competitors Analysis Middle East and Africa Connected Car Market Outlook Connected car is an emerging technology which is digitally connected to the network and can interact with the surroundings, including connectivity with different devices, with other cars and also with infrastructure. Connected cars enhance the driving experience by providing advanced safety features, infotainment experience and autonomous driving. In most of the regions advanced connected cars have not yet become mainstream and still experimenting on prototypes. Connected cars in most of the regions are being purchased for the features like maintenance data, WiFi services, enhanced navigation and fuel-efficiency. In Middle-East and Africa penetration of connected car can be seen which accounted for 2.9% in 2016 and estimated to surpass 19% by 2024. Connected cars market is driving on the back of IoT technology and digitization. In Middle-East, gulf countries which are leader in smart cities and smart governments, going to witness huge adoption of IoT technology for the advanced and smart transportation. Saudi-Arabia's, investment in Uber technologies attracted the automotive sector throughout the Middle East. Middle-East and Africa is likely to witness strong growth of automobile market in the region. High disposable income population of gulf countries is one of the major factors driving the growth of automobile industry. New cars entering the market are equipped with infotainment systems and data connectivity systems either through in-built communication module or by tethering of smart devices. Entry of global players has marked the growth of connected car industry in Middle-East market. For instance, Etisalat and Nissan collaborated together for the deployment of connected cars in the region. Published By: Goldstein Research Copyright
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Middle East and Africa Connected Car Market 2016-2024 | Insights, Trends, Demand & Competitors Analysis Market Segmentation By Product Type • Software • Hardware By Communication Type • Vehicle-to-Vehicle • Vehicle-to-Infrastructure • In-Vehicle By Application Type • Infotainment • Navigation • Safety and security • Telematics By Service Type • OEMs Services • Aftermarket Services • Connected Services • Other (Safety Services etc.) Published By: Goldstein Research Copyright
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Middle East and Africa Connected Car Market 2016-2024 | Insights, Trends, Demand & Competitors Analysis
Based on Geography U.A.E {Market Size, Growth Analysis and Opportunity Analysis} Saudi Arabia {Market Size, Growth Analysis and Opportunity Analysis}
Kuwait{Market Size, Growth Analysis and Opportunity Analysis} Qatar{Market Size, Growth Analysis and Opportunity Analysis} Turkey {Market Size, Growth Analysis and Opportunity Analysis} Egypt {Market Size, Growth Analysis and Opportunity Analysis} North America Market Size, Growth Analysis and Opportunity Analysis} South Africa {Market Size, Growth Analysis and Opportunity Analysis} Rest of MEA {Market Size, Growth Analysis and Opportunity Analysis}
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Middle East and Africa Connected Car Market 2016-2024 | Insights, Trends, Demand & Competitors Analysis Market Size and Forecast (2016-2024) The Middle-East and Africa connected cars market accounted for USD 0.935 billion in 2016 and expected to reach USD 8.6 billion by the end of forecast year i.e. 2024. Further the market is anticipated to expand at compound annual growth rate of 31.5% over the forecast period i.e. 2016-2024.
Gulf countries regions like Saudi Arabia, U.A.E, Kuwait and Qatar is expected to witness major growth in connected cars market and will dominate the market in Middle-East & Africa region. Even the regional landscape for connected cars has been very active in recent and few car brands have already launched smarter cars in the UAE. For instance, Ford launched its cars featured with MyFord Touch Technology. Such new technologies are expected to drive the growth of connected car market in Middle East & Africa. XX
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Middle East and Africa Connected Car Market 2016-2024 | Insights, Trends, Demand & Competitors Analysis
Middle East and Africa Connected Car Market Outlook 2024 contains detailed overview of the Middle East and Africa connected car market in terms of market segmentation by product type, by communication type, by application type and by services.
Further, for the in-depth analysis, the Middle East and Africa Connected Car Market research report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. Middle East and Africa Connected Car Market Report also provides competitive outlook of some of the major players which includes profiling of companies such as AT&T, Ford, Verizon, Audi, Harman, Telifonica, Nissan, Toyota, Apple, Google etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents comprehensive synopsis on the Middle East and Africa connected car market trends that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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Middle East and Africa Connected Car Market 2016-2024 | Insights, Trends, Demand & Competitors Analysis Scope Background Market Synopsis Market Segmentation The Middle-East & Africa Connected car market segmented as follows: •By Product Type (Market Size, Demand Analysis and Growth Analysis) •By Communication Type (Market Size, Demand Analysis and Growth Analysis) •By Applications Type (Market Size, Demand Analysis and Growth Analysis) •By Service Type (Market Size, Demand Analysis and Growth Analysis) By Country
U.A.E {Market Size, Growth Analysis and Opportunity Analysis} Saudi Arabia {Market Size, Growth Analysis and Opportunity Analysis} Kuwait {Market Size, Growth Analysis and Opportunity Analysis} Qatar {Market Size, Growth Analysis and Opportunity Analysis} Turkey {Market Size, Growth Analysis and Opportunity Analysis} Egypt {Market Size, Growth Analysis and Opportunity Analysis} North Africa {Market Size, Growth Analysis and Opportunity Analysis} South Africa {Market Size, Growth Analysis and Opportunity Analysis} Rest of MEA {Market Size, Growth Analysis and Opportunity Analysis} Published By: Goldstein Research Copyright
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Middle East and Africa Connected Car Market 2016-2024 | Insights, Trends, Demand & Competitors Analysis Market Dynamics: Growth Drivers, Restraints and Opportunities oRisk Factors oRegional Variations oRecent Trends and Developments Key Market Players oSynopsis oBusiness Strategy oProduct Portfolio oSWOT Analysis
Porter’s Five Force Model Market Landscape: Competition and Beyond Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem Expert Analysis Concluding Remarks
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Middle East and Africa Connected Car Market 2016-2024 | Insights, Trends, Demand & Competitors Analysis About Goldstein Research Based in U.S., Goldstein Research is a young business consulting and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Published By: Goldstein Research Copyright
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Middle East and Africa Connected Car Market 2016-2024 | Insights, Trends, Demand & Competitors Analysis
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Middle East and Africa Connected Car Market 2016-2024 | Insights, Trends, Demand & Competitors Analysis
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