The graph shows the navigation services sector revenue growth in the connected car market by segment in the United Kingdom in 2015, and provides a forecast to 2020. The revenue in the payment segment is expected to grow by 103.7 percent in 2016. 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 2015 to 2020, by subsegment
Characteristic
Real time navigation
Location based advertising
Payment
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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.
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Statista (Digital Market Outlook). (February 1, 2016). Revenue growth of the navigation services segment of the connected car market in the United Kingdom (UK) from 2015 to 2020, by subsegment [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/526554/digital-market-outlook-connected-car-navigation-services-revenue-growth-by-segment-uk/
Statista (Digital Market Outlook). "Revenue growth of the navigation services segment of the connected car market in the United Kingdom (UK) from 2015 to 2020, by subsegment." Chart. February 1, 2016. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/526554/digital-market-outlook-connected-car-navigation-services-revenue-growth-by-segment-uk/
Statista (Digital Market Outlook). (2016). Revenue growth of the navigation services segment of the connected car market in the United Kingdom (UK) from 2015 to 2020, by subsegment. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/526554/digital-market-outlook-connected-car-navigation-services-revenue-growth-by-segment-uk/
Statista (Digital Market Outlook). "Revenue Growth of The Navigation Services Segment of The Connected Car Market in The United Kingdom (Uk) from 2015 to 2020, by Subsegment." Statista, Statista Inc., 1 Feb 2016, https://www.statista.com/statistics/526554/digital-market-outlook-connected-car-navigation-services-revenue-growth-by-segment-uk/
Statista (Digital Market Outlook), Revenue growth of the navigation services segment of the connected car market in the United Kingdom (UK) from 2015 to 2020, by subsegment Statista, https://www.statista.com/statistics/526554/digital-market-outlook-connected-car-navigation-services-revenue-growth-by-segment-uk/ (last visited August 24, 2024)
Revenue growth of the navigation services segment of the connected car market in the United Kingdom (UK) from 2015 to 2020, by subsegment [Graph], Statista (Digital Market Outlook), February 1, 2016. [Online]. Available: https://www.statista.com/statistics/526554/digital-market-outlook-connected-car-navigation-services-revenue-growth-by-segment-uk/