Summary
"Connected Car in Latin America: Opportunities for MNOs to Expand Business Beyond Connectivity', a new Telecom Insider Report by GlobalData, provides an executive-level overview of the connected car market in Latin America, with forecasts of key indicators up to 2021. It delivers deep quantitative and qualitative insight into the connected car market, analyzing key trends on service adoption, and the main drivers and challenges for mobile operators to grow in the market beyond connectivity.
Mobile operators are uniquely well-positioned to provide not only the connectivity required for connected car services but also many supporting applications that both enhance the value of the service and drive incrementally more revenue than connectivity alone would generate.
It provides in-depth analysis of the following -
- Market size and forecast; a look at the total market size and forecast for connected car connections and revenue in Latin America, segmented by type of connected car application;
- Drivers and Challenges; an overview on the key drivers and challenges for mobile operators to increase their participation in the connected car market in Latin America;
- Case studies; this section details the business model and strategy of three mobile operators in Latin America to succeed in this market;
- Key findings and recommendations; the Insider concludes with a number of key findings and a set of recommendations for pan-regional and local mobile operators, and also network vendors.
Scope
- The connected car market in Latin America will grow at a 16.9% CAGR from 2016 to 2021, reaching close to $2bn by the end of the forecast period. The high rates of car robbery in Latin America will continue to drive the growth of security connected car applications in Latin America.
- Different from MNOs in developed markets, that have become leading connected car service providers, most operators in Latin America are still playing a limited role as connectivity service providers.
- The bevy of players aiming to control the connected car market in Latin America, including customer ownership and all of the data that cars, their drivers and passengers generate, is still highly fragmented.
- Although the connected car IoT market will likely remain highly fragmented, strategic partnerships between MNOs, OEMs, ITSPs, application developers, and network vendors will create more cohesive ecosystems that can help mobile operators to play a bigger role within the connected car value chain and profit from value-added connected car services.
Reasons to buy
- This Insider Report provides a comprehensive examination of the value chain and mobile operators' business models in the connected car market in Latin America to help executives fully understand market dynamics, determine what works and what doesn’t, formulate effective product development plans and optimize resource allocation and return on investments.
- This Insider Report provides a five-year forecast of connected car market, developed using GlobalData’s rigorous bottom-up modeling methodologies, to enable executives to effectively position their companies for growth opportunities and emerging trends in demand for their products.
- Three case studies illustrate the findings of the report, providing insight into particular situations in the connected car market; this will help the reader understand both the challenges confronted in the real world and the strategies employed to overcome those challenges.
- The report discusses concrete opportunities in the connected car market, providing a number of actionable recommendations for pan-regional and local mobile operators, and network vendors.
Companies Mentioned
AIG
Allianz
AT&T
AXA
America Movil
Claro
Embratel
Chevrolet
Cisco
Grupo Falabella
Seguros Falabella
Falabella Movil
Gemalto
Ford
Liberty Mutual
Oui Movil
Seguros Azteca
Telcel
Telefonica
Movistar
Tigo
Vivo
Verizon
Vodafone
Volkswagen
Volvo
ZTE
Huawei
'
Table of Contents
List of exhibits 5
Executive summary 6
Section 1: Market context 7
Section 1, Connected car definition and taxonomy 8
Section 1, Connected car value chain 10
Section 1, Connected car market size and forecast 12
Section 2: Drivers and inhibitors 15
Section 2, Connected car drivers and inhibitors for MNOs 16
Section 2, Auto-insurance solutions - driver 17
Section 2, Carrier billing - driver 19
Section 2, Legacy networks - inhibitor 21
Section 2, Low Power networks - inhibitor 22
Section 3: Case studies 24
Case study: Claro Brazil 25
Case study: Seguros and Móvil Falabella Chile 27
Case study: Telefonica Digital Latin America 29
Key Findings and Recommendations 31
Section 4, Key Findings 32
Section 4, Recommendations 33
Appendix 34
Acronyms and definitions 35
Companies mentioned 36
About the authors 37
Contact information 38
List of Tables
Exhibit 1: Connected car applications 8
Exhibit 2: Connected car applications and access technologies 9
Exhibit 3: Connected car value chain 10
Exhibit 4: Selected operators initiatives in the connected car market, Latin America, 2017 11
Exhibit 5: Connected car connections by type of application, Latin America, 2015-2021 12
Exhibit 6: Connected car connections by type of channel implementation, Latin America, 2016-2021 13
Exhibit 7: Connected car connections by type of access technology, Latin America, 2016-2021 13
Exhibit 8: Connected car service revenue mix, Latin America, 2016 and 2021 14
Exhibit 9: Main factors affecting the participation of mobile operators in the connected car value chain, Latin America, 2017 16
Exhibit 10: Vodafone UBI solution 17
Exhibit 11: UBI ecosystem for MNOs and MVNOs 18
Exhibit 12: : MNOs as a channel in the value chain 19
Exhibit 13: Selected MNOs in charge for billing and acting as channel for connected car services, 2017 20
Exhibit 14: Strategic partnerships from selected operators to transition their networks from static to automated, Latin America 21
Exhibit 15: Wireless technology comparison of bandwidth vs. range 23
Exhibit 16: MNO main approaches to LPWA technologies 24
Exhibit 17: Claro Brazil connected car solution, 2017 25
Exhibit 18: Claro Brazil connected car ecosystem 26
Exhibit 19: Seguros Falabella connected car solution, 2017 27
Exhibit 20: Seguros and Móvil Falabella connected car ecosystem 28
Exhibit 21: Telefonica connected car solution, 2017 29
Exhibit 22: Telefonica Latin America connected car ecosystem 30
List of Figures
Exhibit 1: Connected car applications 8
Exhibit 2: Connected car applications and access technologies 9
Exhibit 3: Connected car value chain 10
Exhibit 4: Selected operators initiatives in the connected car market, Latin America, 2017 11
Exhibit 5: Connected car connections by type of application, Latin America, 2015-2021 12
Exhibit 6: Connected car connections by type of channel implementation, Latin America, 2016-2021 13
Exhibit 7: Connected car connections by type of access technology, Latin America, 2016-2021 13
Exhibit 8: Connected car service revenue mix, Latin America, 2016 and 2021 14
Exhibit 9: Main factors affecting the participation of mobile operators in the connected car value chain, Latin America, 2017 16
Exhibit 10: Vodafone UBI solution 17
Exhibit 11: UBI ecosystem for MNOs and MVNOs 18
Exhibit 12: : MNOs as a channel in the value chain 19
Exhibit 13: Selected MNOs in charge for billing and acting as channel for connected car services, 2017 20
Exhibit 14: Strategic partnerships from selected operators to transition their networks from static to automated, Latin America 21
Exhibit 15: Wireless technology comparison of bandwidth vs. range 23
Exhibit 16: MNO main approaches to LPWA technologies 24
Exhibit 17: Claro Brazil connected car solution, 2017 25
Exhibit 18: Claro Brazil connected car ecosystem 26
Exhibit 19: Seguros Falabella connected car solution, 2017 27
Exhibit 20: Seguros and Móvil Falabella connected car ecosystem 28
Exhibit 21: Telefonica connected car solution, 2017 29
Exhibit 22: Telefonica Latin America connected car ecosystem 30
