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Middle East & Africa Connected Cars Market to Anticipated to Expand at a CAGR of 31.5% During 2016-2024

According to Goldstein Research, Middle East & Africa connected cars market is expected to reach USD 8.6 billion by 2024 from USD 0.935 billion in 201
blade Steve | 12.10.2018
According to Goldstein Research, Middle East & Africa connected cars market is expected to reach USD 8.6 billion by 2024 from USD 0.935 billion in 2016, growing at a CAGR of 31.5% over the forecast period 2016-2024. Growing digitization and adoption of advanced technologies like IoT is bolstering the growth of connected cars market. Moreover, Middle-East & Africa are the untapped markets for connected cars providing vast opportunities for the connected cars market growth.

The Middle East & Africa connected cars market segmentation has been done on the basis of product type, communication type, application type, service type and geography.

Implementation of driverless cars, powered by solar energy at Masdar city in Abu Dhabi is a significant example of penetration of connected cars and autonomous cars in the Middle-East region. The Middle East & Africa connected cars market is largely dominated by Gulf countries like Saudi Arabia, U.A.E, Kuwait and Qatar. UAE dominates the Middle-East region in the adoption of advanced technology and smart services.

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Market Segmentation

On the basis of our in-depth analysis, Middle East & Africa Connected cars Market can be segmented as follows:

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.)

By Region

• North America Connected Cars Market Analysis, 2016-2024
• Europe Connected Cars Market Analysis, 2016-2024
• The Middle East And Africa Connected Cars Market Analysis, 2016-2024
• Latin America Connected Cars Market Analysis, 2016-2024
• Asia Pacific Connected Cars Market Analysis, 2016-2024
• Rest Of The World Connected Cars Market Analysis, 2016-2024

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“Middle East & Africa Connected cars Market Analysis” contains the detailed overview of the Middle East & Africa Connected cars Market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, communication type, application type, service type and geography.

The Middle East & Africa Connected cars Market Report highlights the in-depth analysis of the connected cars market report that will help the clients to assess their business strategies as per the competitive environment in the market space. The competitive outlook of major global players discussed in the Middle East & Africa Connected cars Market report includes business strategies, revenue distribution, financial analysis, product portfolio, R&D activities and investments.

Major players of the Middle East & Africa Connected cars Market discussed in the report are AT&T, Ford, Verizon, Audi, Harman, Telefonica, Nissan, Toyota, Apple, Google, etc.
Further, Middle East & Africa Connected cars Market Report encompasses the major trends & opportunities, market dynamics and other growth factors of the market. The Connected Cars Market outlook also comprises key challenges, risk analysis, BPS analysis, SWOT Analysis and Market Attractiveness. The report also highlights the expert analysis to provide the complete overview of the market including the PESTLE analysis of each region and country.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. 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.

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 industry, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.

Our industry research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on automotive industry analysis reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current industry scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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