China Passenger Car Telematics Industry 2014 Market Trend

Global And China Passenger Car Telematics Industry 2014 Market Trend, Size, Share, Growth and Forecast 2017 : Industry Analysis, Overview, Research and Development - MarketResearchReports.Biz

Since GM OnStar and Toyota G-Book officially embarked on China’s market in 2009, Chinese passenger car brands have launched their own Telematics products, such as Ford SYNC, Nissan CARWINGS, SAIC InKaNet, Honda HondaLink, Geely G-NetLink, Mercedes-Benz CONNECT, Volvo Sensus, BMW ConnectedDrive, Yueda KIA UVO, Dongfeng Citroen Citro?n Connect, Dongfeng Peugeot Blue-i, Hyundai Blue Link, Changan in Call, Chery Cloudrive and so on.

In order to occupy "the fourth screen" in the mobile Internet era, domestic and foreign Internet giants begin to highlight Internet of Vehicles (IoV) in 2014, for example, Apple has released CarPlay vehicle system, Google has launched Android Auto, Alibaba has acquired AutoNavi and cooperated with SAIC to develop Internet automotive supplies, Tencent unveiled Lubao Box and held stake in Navinfo, Baidu collaborated with TimaNetworks to launch CARNET. As China's position in the global automotive market becomes more important, the competition in the Chinese passenger car Telematics market will turn to be more intense.

Chinese Telematics market falls into OEM market and aftermarket. The traditional OEM market focuses on traffic safety, such as remote assistance and other functions; the aftermarket emphasizes entertainment and other personalized services. However, OEM brands have paid more attention to the combination with mobile Internet and hope to make users have better experience; coupled with their inherent advantages in the industrial chain, they expect to master higher market share in the future.

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There were more than 4,000 enterprises engaged in IoV aftermarket in China around 2012, but most of them have closed down or been struggling to...