Automotive Bring Your Own Device (BYOD) Revenues to Reach $26.4 B in 2014, According to the New Study on ASDReports

Thursday 2 October 2014, Amsterdam

The report's analysis indicates that the total value of the Automotive BYOD market revenues will reach $26.4 billion by the end of 2014. The Automotive BYOD market is set for exponential growth over the next few years. In 2014, the technology is poised to see substantial uptake due to the growing number of connected devices, and the growing success and increase in demand in connected car technologies recently.

Consumer devices such as smartphones, tablets, wearable gadgets and eReaders are currently enjoying high adoption rates across the globe. With the ever increasing number of connected devices, the potential of Automotive BYOD will transform and revolutionize automotive mobility systems.

Visiongain believes that 2014 will be a pivotal year and one of significant growth for Automotive BYOD as vehicle manufacturers address consumer demands for full-time mobile connectivity and the government initiatives that support connected car regulations for added safety and security reasons. Not only will the Automotive BYOD market flourish across car manufacturers, even IT and Telecom based industries will see huge growth with the widespread application of Automotive BYOD. As a consequence, The report expects global Automotive BYOD revenue to reach $26.4 billion in 2014.

The author of the Automotive Bring Your Own Device (BYOD) Market 2014-2019: Smartphones & Tablets vs. Embedded Connected Car Systems commented that assesses that the reduction of telematics solutions’ cost due to economies of scale, the expansion of LTE/4G technology, and regulations for safety in the EU, Russia, and Brazil, will enable growth drivers to overcome the effect of the opposed restraints - the Connected Car will become a standard feature.’

The 124 page report contains 70 tables, charts and graphs that add visual analysis in order to explain developing trends within the Automotive BYOD market. The report provides forecasts for the period 2014-2019 in terms of value (US$) for the global Automotive BYOD market, as well as for submarket forecasts for Embedded, Integrated and Tethered connectivity at the global and regional level.  In addition, five regional markets are forecast and analysed over the period 2014-2019 and these are further segmented by the 3 submarkets within each region.  The report also provides profiles of 27 leading vendors operating within the market and key developments in the vendor landscape. The report also includes 2 exclusive interviews with leading companies in the Automotive BYOD ecosystem including: NXP, and Symphony Teleca providing their expert insight alongside expert analysis.

The report gives a holistic view of the global Automotive BYOD market and lays a strong emphasis on the dynamics of the market, with a critical analysis of how key industry players can effectively leverage the market in order to get ahead of competition. The report looks at established, emerging and innovative market players, their different offerings and the current and future outlook of the Automotive BYOD market on a global and regional level.

Automotive Bring Your Own Device (BYOD) Market 2014-2019: Smartphones & Tablets vs. Embedded Connected Car Systems report will be of value to current and future potential investors in the BYOD industry, as well as companies and research centres who wish to broaden their knowledge of BYOD market ecosystem.