Global Connected Roadside Assistance Solution Market 2020-2026 by Offering, Vehicle Type, Service Type, Solution Provider, and Region: Trend Forecast and Growth Opportunity
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Product Code:
RP-ID-10324882 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
164 -
Category:
Automotive & Transportation -
Publisher:
Pub-ID-26
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
Translate Report
Global connected roadside assistance solution market will reach $2.94 billion by 2026, growing by 11.8% annually over 2020-2026 – a robust CAGR despite lower than pre-COVID-19 forecast.
Highlighted with 83 tables and 76 figures, this 165-page report “Global Connected Roadside Assistance Solution Market 2020-2026 by Offering, Vehicle Type, Service Type, Solution Provider, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global connected roadside assistance solution market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report provides historical market data for 2015-2019, revenue estimates for 2020, and forecasts from 2021 till 2026. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global connected roadside assistance solution market in every aspect of the classification from perspectives of Offering, Vehicle Type, Service Type, Solution Provider, and Region.
Based on offering, the global market is segmented into the following sub-markets with annual revenue for 2015-2026 (historical and forecast) included in each section.
Hardware
Software & Apps
• Reporting & Analytics
• Real-time Notifications
• Positioning & Navigation
• Smart Payment
• Other Software & Apps
Based on vehicle type, the global market is segmented into the following sub-markets with annual revenue for 2015-2026 (historical and forecast) included in each section.
• Passenger Vehicles
• Commercial Vehicles
Based on service type, the global market is segmented into the following sub-markets with annual revenue for 2015-2026 (historical and forecast) included in each section.
• Towing
• Battery Jump
• Tire Replacement
• Fuel Delivery
• Other Service Types
Based on solution provider, the global market is segmented into the following sub-markets with annual revenue for 2015-2026 (historical and forecast) included in each section.
• Auto Manufacturers
• Insurance Providers
• Independent Contractors
• Other Solution Providers
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Columbia, Argentina, Rest of South America)
• RoW (Saudi Arabia, UAE, Egypt)
For each of the aforementioned regions and countries, detailed analysis and data for annual revenue are available for 2015-2026. The breakdown of all regional markets by country and split of key national markets by Offering, Vehicle Type, and Service Type over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global connected roadside assistance solution market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
Access Roadside Assistance
Allianz Worldwide Partners
American Automobile Association (AAA)
Auto Vantage
Bayerische Motoren Werke (BMW) AG
Best Roadside Service
Better World Club
Chubb Limited
Falck AS
Ford Motor Company
Good Sam Enterprise
Honk Technologies, Inc.
Medinyx Technologies GmbH
National General Insurance
Paragon Motor Club
RAC Group (Holdings) Ltd.
Roadside Masters
The Allstate Corp.
The Sun Exchange
Toyota Motor Corporation
TVS Auto Assist India Limited
Verizon Telematics, Inc.
Viking Redningstjeneste Topco AS.
Volkswagen AG
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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Key Players (this may not be a complete list and extra companies can be added upon request):
Access Roadside Assistance
Allianz Worldwide Partners
American Automobile Association (AAA)
Auto Vantage
Bayerische Motoren Werke (BMW) AG
Best Roadside Service
Better World Club
Chubb Limited
Falck AS
Ford Motor Company
Good Sam Enterprise
Honk Technologies, Inc.
Medinyx Technologies GmbH
National General Insurance
Paragon Motor Club
RAC Group (Holdings) Ltd.
Roadside Masters
The Allstate Corp.
The Sun Exchange
Toyota Motor Corporation
TVS Auto Assist India Limited
Verizon Telematics, Inc.
Viking Redningstjeneste Topco AS.
Volkswagen AG