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Big Data Analytics & Smart Phone Apps Will Foster Growth in the Global Connected Car M2M Connections and Services Market by 2019: TechNavioIncreasing awareness of safety and security services has resulted in significant growth of the Global Connected Car M2M Connections and Services Market, which is slated to post a CAGR of 32.33 percent from 2014-2019, says research firm TechNavio. About the Report Many big data analytic and automobile companies are joining hands with smart app providers to form partnerships in order to better understand vehicle performance and automotive businesses. Smart apps enable drivers to connect their smartphones with a vehicle's Internet and carry out various functions like remotely controlling home appliances, tracking vehicle location and operating infotainment services. "Big data analytics is helping automobile companies easily connect with their customers and improve brand loyalty and efficiency," says Faisal Ghaus, Vice President of TechNavio. Additionally, many technology companies are forming new alliances and partnerships with chip manufacturers and OEM suppliers to understand their business models and operating methods. "Google (News - Alert) forms strategic alliances with several OEM and chip suppliers to form an open automotive alliance and provide android platforms to cars," says Ghaus. Key Information Covered in the Report:
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