Market Forecast By Services(Autopilot, Navigation, eCall & SOS Assistance, Predictive Diagnostics, On-Road Assistance, Asset Tracking, Auto Parking/Connected Parking, Vehicle Management & Others), By Form Types(Embedded, Tethered, Integrated), By End Markets(OEM, Aftermarket), By Countries(Brazil, Argentina, Mexico & Rest of Latin America) and Competitive Landscape.
Product Code: ETC001557 | Publication Date: Jan 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
An increase in consumer disposable income coupled with expanding high-speed internet penetration is the major driver of growth in the connected car services market in Latin America. Due to inadequate public transport systems, passenger cars have registered high demand in relatively less connected areas which drives the demand for connected car services market in the region.
According to 6Wresearch, Latin America Connected Car Services Market size is projected to grow rapidly during 2020-2026. Brazil and Mexico currently hold the largest market share for connected car services and are expected to maintain their dominance during the forecast period as well on the back of growing penetration of connected devices technology in the countries. In addition, Rota 2030 industry incentive plan in Brazil promotes improved Research and Development, safety and sustainability in vehicles which is likely to increase the demand for connected car services in the country during the forecast period.
Based on services, navigation and infotainment services are expected to grow notably in market share during the forecast period as the governments in the Latin American region have mandated the installation of navigation systems in commercial vehicles. Original equipment manufacturers are the leading contributors to overall market demand at present. However, the after-markets for connected car services are likely to register high growth during the forecast period.
The Latin America Connected Car Services Market Report systematically covers the market by services, form types, end markets, and key countries including Brazil, Argentina, Mexico, and the Rest of Latin America. The Latin America Connected Car Services market outlook provides an unbiased and detailed analysis of the on-going Latin America Connected Car Services market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Latin America connected car service market is projected to witness profound growth during the forecast period 2020-26F backed by the rise in breakdown assistance services leading to emergency help during accidents by using connected car systems which connect service centers to track the accurate situation by using vehicle data which is anticipated to augment the demand by car owners for the use of connected car service. Moreover, connected car services are capable enough to provide a vehicle to vehicle communication technologies to ensure smooth mobility which is expected to foster the significant growth of the Latin America Connected Car Service market in the coming years.
Key Highlights of the Report:
Markets Covered
The Latin America Connected Car Services Market report provides a detailed analysis of the following market segments:
Other Key Reports Available:
1 Executive Summary |
2 Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Connected Car Services Market Overview |
3.1 Latin America Country Indicators |
3.2 Latin America Connected Car Services Market Revenues, 2016-2026F |
3.3 Latin America Connected Car Services Market Revenue Share, By Services, 2019 & 2026F |
3.4 Latin America Connected Car Services Market Revenue Share, By Form Types, 2019 & 2026F |
3.5 Latin America Connected Car Services Market Revenue Share, By End Markets, 2019 & 2026F |
3.6 Latin America Connected Car Services Market Revenue Share, By Regions, 2019 & 2026F |
3.7 Latin America Connected Car Services Market - Industry Life Cycle |
3.8 Latin America Connected Car Services Market - Porter’s Five Forces |
4 Latin America Connected Car Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Connected Car Services Market Trends |
6 Latin America Connected Car Services Market Overview, By Services |
6.1 Latin America Connected Car Services Market Revenues, By Autopilot, 2016-2026F |
6.2 Latin America Connected Car Services Market Revenues, By Navigation, 2016-2026F |
6.3 Latin America Connected Car Services Market Revenues, By eCall & SOS Assistance, 2016-2026F |
6.4 Latin America Connected Car Services Market Revenues, By Predictive Diagnostics, 2016-2026F |
6.5 Latin America Connected Car Services Market Revenues, By On-Road Assistance, 2016-2026F |
6.6 Latin America Connected Car Services Market Revenues, By Asset Tracking, 2016-2026F |
6.7 Latin America Connected Car Services Market Revenues, By Auto Parking/Connected Parking, 2016-2026F |
6.8 Latin America Connected Car Services Market Revenues, By Vehicle Management, 2016-2026F |
6.9 Latin America Connected Car Services Market Revenues, By Others, 2016-2026F |
7 Latin America Connected Car Services Market Overview, By Form Types |
7.1 Latin America Connected Car Services Market Revenues, By Embedded, 2016-2026F |
7.2 Latin America Connected Car Services Market Revenues, By Tethered, 2016-2026F |
7.3 Latin America Connected Car Services Market Revenues, By Integrated, 2016-2026F |
8 Latin America Connected Car Services Market Overview, By End Markets |
8.1 Latin America Connected Car Services Market Revenues, By OEM, 2016-2026F |
8.2 Latin America Connected Car Services Market Revenues, By After-Markets, 2016-2026F |
9 Brazil Connected Car Services Market Overview |
9.1 Brazil Connected Car Services Market Revenues, 2016-2026F |
9.2 Brazil Connected Car Services Market Revenues, By Services, 2016-2026F |
9.3 Brazil Connected Car Services Market Revenues, By Form Types, 2016-2026F |
9.4 Brazil Connected Car Services Market Revenues, By End Markets, 2016-2026F |
10 Argentina Connected Car Services Market Overview |
10.1 Argentina Connected Car Services Market Revenues, 2016-2026F |
10.2 Argentina Connected Car Services Market Revenues, By Services, 2016-2026F |
10.3 Argentina Connected Car Services Market Revenues, By Form Types, 2016-2026F |
10.4 Argentina Connected Car Services Market Revenues, By End Markets, 2016-2026F |
11 Mexico Connected Car Services Market Overview |
11.1 Mexico Connected Car Services Market Revenues, 2016-2026F |
11.2 Mexico Connected Car Services Market Revenues, By Services, 2016-2026F |
11.3 Mexico Connected Car Services Market Revenues, By Form Types, 2016-2026F |
11.4 Mexico Connected Car Services Market Revenues, By End Markets, 2016-2026F |
12 Rest of Latin America Connected Car Services Market Overview |
12.1 Rest of Latin America Connected Car Services Market Revenues, 2016-2026F |
13 Latin America Connected Car Services Market Key Performance Indicators |
14 Latin America Connected Car Services Market Opportunity Assessment |
14.1 Latin America Connected Car Services Market Opportunity Assessment, By Services, 2026F |
14.2 Latin America Connected Car Services Market Opportunity Assessment, By Form Types 2026F |
14.3 Latin America Connected Car Services Market Opportunity Assessment, By End Markets, 2026F |
15 Latin America Connected Car Services Market Competitive Landscape |
15.1 Latin America Connected Car Services Market Revenue Share, By Companies, 2019 |
15.1.1 Brazil Connected Car Services Market Revenue Share, By Companies, 2019 |
15.1.2 Argentina Connected Car Services Market Revenue Share, By Companies, 2019 |
15.1.3 Mexico Connected Car Services Market Revenue Share, By Companies, 2019 |
15.2 Latin America Connected Car Services Market Competitive Benchmarking, By Services |
16 Company Profiles |
17 Key Strategic Recommendations |
18 Disclaimer |