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Connected vehicle is the automobile that used various communication technologies for interacting with the driver and other vehicles on the road. These types of vehicles can easily communicate with the roadside infrastructure and respond to the cloud. Connected vehicle technology improves the automobile's safety, and commute times, and vehicle efficiency. The said technology offers various benefits that help improve overall driving experience for the driver and also improving the car's efficiency. Travel time dependability is one of the major benefits of connected vehicle technologies that can significantly reduce the level of uncertainty via real-time examination of all routes. It considerably reduces the need for new infrastructure by controlling traffic by maintaining safe distances between vehicles and creates sufficient space on road. It also improves energy efficiency by reducing energy consumption. It also eliminates road accidents by constant monitoring the on-road traff...

Connected vehicle market accounted for over US$39.78 billion in 2019. It is anticipated to grow at a CAGR of 19.15% from 2019 to 2030. Connected vehicle or connected car is connected with internet (generally wireless), allowing the vehicle to share the internet access with other devices in the car. In short, a connected vehicle can communicate the devices inside and outside. Despite a normal car, already being connected with several devices, a connected vehicle can control wide range of essential functions. For instance, a traffic monitoring feature in your car can signal you in case of heavy traffic and alert beforehand for choosing other alternate route. Major Key Players of the Connected Vehicle Market are: BMW, AUDI AG, Tesla, Volkswagen AG, AB Volvo, OnStar (General Motors), Nissan Motor Co., Ltd., Toyota Motor Corporation, Hyundai Motor Company, and Honda Motor Co., Ltd., among others. Read More @  https://www.openpr.com/news/2029022/connected-vehicle-market-to-witness-...

As per the Centers for Disease Control, vehicleaccidents are the leading cause of death amongthe age group of 18 to 35 across the globe. Connected vehicles are embedded with a wide range of safety features, such as remote diagnostics, multimedia streaming, access to social media & other apps, cyber security,on-road assistance, autopilot, e-call & SOS assistance, and other safety features which can lessen the number of vehicles accidents. Hence, many regional governments have been undertaking various initiatives to reduce road accidents by promoting connected vehicle technology. For instance, The US Department of (USDOT's) is a connected vehicle program engaged in working with state transportation agencies, vehicle OEMs, local transportation agencies, and device makers to promote connected vehicle technology. Such government initiatives have been driving the overall growth of the market. Market Industry Reports (MIR) has published a new report titled "Connected Vehi...

Connected Vehicle Market is estimated to be US$ 39.78 billion in 2019. The market is anticipated to further grow at a CAGR of 19.15% from 2019 to 2030. A   connected vehicle   is equipped with internet and can send data, access data, download software & patches, and communicate with other IoT devices. The first commercial connected car was developed by General Motors with Motorola Automotive in 1996, which could make voice calls to call centres in cases of emergency. Moreover, there are several key players, such as BMW, AUDI AG, Tesla, Volkswagen AG, and others, that have been investing heavily in connected vehicle technology to provide the best solutions in the market. The key functions/features of connected vehicles include infotainment, safety (roadside assistance, traffic, safety & collision warnings, and others), navigation, automobile diagnostics, etc. Major Key Players of the Connected Vehicle Market are: BMW, AUDI AG, Tesla, Volkswagen AG, AB Volvo, OnSta...