Digital Market Outlook: connected car navigation services revenue growth UK

This statistic illustrates the navigation services sector revenue growth in the connected car market in the United Kingdom in 2017, and provides a forecast to 2022. The revenue is expected to grow by 59.2 percent in 2018. An overview of all Digital Markets can be found here.
Statista’s Digital Market Outlook offers forecasts, detailed market insights and essential performance indicators of the most significant areas in the “Digital Economy”, including various digital goods and services. Alongside revenue forecasts for 50 countries worldwide, Statista offers additional insights into consumer trends and demographic structure of digital consumer markets.

Revenue growth of the navigation services segment of the connected car market in the United Kingdom (UK) from 2017 to 2022

Characteristic	Percent change
-	-
-	-
-	-
-	-
-	-
-	-

Download

Source

Show detailed source information?

Already a member?

Source

Use Ask Statista Research Service

Release date

April 2018

More information

Region

United Kingdom

Survey time period

2017

Supplementary notes

* Estimate.

The “Navigation Services” segment includes "Real-time Navigation", “Location-based Advertising”, and “Payment”. Real-time navigation turnover is generated via fees for map updates. Location-based advertising involves sending the driver coupons or special offers for restaurants or shops (e.g. discounts, food and drink vouchers). This advertising is based on the driver’s current location or planned route; revenue is generated through the adverts that lead to purchases. Payment defines performing payments directly through a car-based interface; for example, paying toll or parking fees or paying for an order at a drive-in. The revenue potential comes from the fees on the payment amounts.

Citation formats