MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Written by / Agency / Source: Frost & Sullivan
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

In-vehicle Marketplace Will be Available in 80 Percent of Premium Vehicles Sold by 2020 Reports Frost & Sullivan - Connected car makers should acquire or invest in technology companies to generate growth opportunities - Frost.com
In-vehicle Marketplace Will be Available in 80 Percent of Premium Vehicles Sold by 2020 Reports Frost & Sullivan

 

NewswireToday - /newswire/ - Santa Clara, CA, United States, 2019/05/02 - Connected car makers should acquire or invest in technology companies to generate growth opportunities - Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive / Trucking / RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Recognizing the huge opportunities in the connected car sector, participants from sectors such as smartphones and gaming are developing advanced in-vehicle technologies. Automakers and Tier I companies are partnering with third-party Artificial Intelligence (AI)-based assistants or building native intelligent assistants to transform user experience (UX). The rising focus on personalization is also driving companies to apply multi-sided platforms like marketplace with contextual services. By 2020, in-vehicle marketplace will be available in 80% of premium vehicles sold, and the new generation of this platform will leverage customer data and be customized to each vehicle occupant.

“With commutes becoming longer, the number of purchases made on the move has increased. The likelihood of in-car ads converting to purchases of products and services is especially high in automated vehicles, which makes marketplace a scalable model,” said Suhas Gurumurthy, Mobility Senior Research Analyst at Frost & Sullivan. “With more than 60% of consumers willing to share data, OEMs and data consumers will have significant opportunities to generate recurring revenues. They will be looking to invest in advanced data analytics companies, apply AI algorithms, identify new use cases, and build applications on top of platforms to enhance services.”

Frost & Sullivan’s recent analysis, Global Connected Car Market Outlook, 2019, analyzes the way companies will align their strategies with the connected, autonomous, shared, electric (CASE) model. It also presents the key players in automotive OS, navigation, IoT, and cybersecurity, as well as the growth opportunities for OEMs and Tier I companies.

“Connected car makers will be eager to build strategic partnerships with telecom providers and communication module makers to augment on-road safety and offer in-vehicle, data-rich services,” noted Gurumurthy. “Flexible business models such as choice of network for consumers will further improve customer retention and revenue generation.”

For additional revenue opportunities, connected car makers can:

• Either acquire or invest heavily in technology companies that have aligned their vision with the CASE strategy.
• Reduce development cycles for faster introductions of new and improved features.
• Focus on growth regions such as China, where demonstration and testing of C-V2X technologies are carried out by companies such as Group PSA, Autotalks, and Savari. In Europe, mobility is undergoing a major transformation with Nuance opening a UX lab in Germany and Cubic Telecom providing EV connectivity solutions for GO fleets.
• Implement firmware over-the-air (FOTA) updates to promote new features and on-demand feature updates.
• Acquire third-party service providers or build capability in-house to develop new telematics services.
• Utilize cloud platform capabilities such as AI and machine learning (ML) to evolve services.
• Enable seamless connectivity of all devices and deliver connected services such as car-to-home automation.

Global Connected Car Market Outlook, 2019 is part of Frost & Sullivan’s global Automotive & Transportation Growth Partnership Service program.

About Frost & Sullivan

For over five decades, Frost & Sullivan (frost.com) has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Global Connected Car Market Outlook, 2019 / ME93-18

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive / Trucking / RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive / Trucking / RV articles,
CATCH Visitors via Your Competitors Announcements!


In-vehicle Marketplace Will be Available in 80 Percent of Premium Vehicles Sold by 2020 Reports Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Francesca Valente - Frost.com 
210-348-1012 francesca.valente[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive / Trucking / RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Automotive / Trucking / RV Most Recent Related Newswires:

KRAIBURG TPE to Present New TPE Compounds for Consumer and Automotive Applications At K-2019 Düsseldorf
MAN Publishes The 2018 CR Report
Cinemo Acclaimed by Frost & Sullivan for its Modular and Feature-rich In-vehicle Infotainment Systems
PPG Expands PPG ONECHOICE UV Primer System to Cut Spot Repairs to Minutes
Carbon-fiber Composite Manufacturers Must Focus on Cutting Costs to Drive Sluggish Adoption Rates Finds Frost & Sullivan
High-efficiency Powertrains that Lower Emissions to Enjoy Greater Growth Opportunities in 2019 Finds Frost & Sullivan
Frost & Sullivan Intelligent Mobility Forum to Explore How Automakers Are Future-Proofing their Portfolios
Automakers that Focus on Energy-efficient Vehicles Best Poised to Leverage Government Subsidies Says Frost & Sullivan
New Flyer Announces Robotic Research Partnership to Revolutionize Public Transit Using Autonomous Bus Technology
High Adoption of Electric Vehicles in China Attracts OEMs Looking to Expand their Global Footprint Finds Frost & Sullivan
Volkswagen Relies on Infineon for its Electric Future
HUBER+SUHNER Brings Leading E-mobility Portfolio to EV Tech Expo 2019
Carlisle Fluid Technologies Acquires Hosco/IDS/Classic Precision
Infineon is Outgrowing All Other Leading Suppliers of Automotive Semiconductors
Automotive Dealers Shift to Cloud-based CRM Solutions to Meet Customer Expectations

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  RightITnow, Inc.





 
  ©2019 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)