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Connected Car Market by Technology (3G, 4G/LTE, and 5G), Connectivity Solution (Integrated, Embedded, and Tethered), Service (Driver Assistance, Safety, Entertainment, Well-being, Vehicle Management, and Mobility Management), and End Use (Original Equipment Manufacturer (OEMs) and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2020–2027
| A00073 | Pages: 343 | Apr 2020 | 69252 Views | | |
| Author(s) : Abhay Singh , Lalit Katare | Tables: 146 | Charts: 94 | Formats*: | |
COVID-19
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Request Now !Connected Car Market Statistics – 2027
The global connected car market was valued at $63.03 billion in 2019, and is projected to reach $225.16 billion by 2027, registering a CAGR of 17.1%.
Connected car facilitates connectivity on wheels offering comfort, convenience, performance, safety, and security along with powerful network technology. This enables the driver to connect with online platforms, thereby facilitating real-time communication. Rise in consumer demand for connectivity solutions, surge in need for constant connectivity, increase in dependency on technology, and upsurge in tech-savvy population are the key factors that contribute toward the growth of the global connected cars market. Over time, various connectivity solutions have been developed by car manufacturers and service providers, such as the machine-to-machine (M2M) connectivity platform. This M2M feature in a car enables interconnectivity between two connected cars. The car is equipped with numerous sensors and processors, which provide accurate and real-time information to the driver. This in turn fuels the adoption of connected cars across the globe, thus supplementing the growth of the market.
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Factors such as technological advancements, rise in production of vehicles, and increase in demand for luxury & comfort in vehicles are expected to supplement the growth of the market. Moreover, factors such as improvement in global standards for vehicles and high maintenance cost of advanced suspension systems are anticipated to hamper the connected car market growth. However, rise in demand for lightweight suspension system and development of advanced suspension systems are expected to provide a better opportunity for the growth of the market.
The global connected cars market is segmented into technology, connectivity solutions, services, end use, and region. By technology, the market is divided into 3G, 4G/LTE, and 5G. Connectivity solution is categorized into integrated, embedded, and tethered. By service, the market is classified into driver assistance, safety, entertainment, well-being, vehicle management, and mobility management. By end use, it is bifurcated into original equipment manufacturing (OEM) and after market. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players analyzed in the global connected car market are Airbiquity Inc., CloudMade, Continental AG, Intellias Ltd., LUXOFT, Qualcomm Technologies, Inc., Robert Bosch GmbH, Sierra Wireless, Tesla, and ZUBIE, INC., AT&T, Audi AG, BMW Group, Daimler AG, Ford Motor Company, Samsung Electronics, Telefonica S.A., TomTom International, Verizon Communications and Vodafone Group Plc.
Rise in trend of connectivity solutions
Smartphones have changed the definition of connectivity over time. People wish to stay connected with the outer world even while travelling. Now that connectivity has become the need of the hour, automobile manufacturers adopt connectivity solutions in their vehicles to boost their automobile sales. Consumers are expecting their vehicles to perform tasks similar to computers and smart phones.
Connected Car Market
By Technology
5G technology is projected as the most lucrative segments
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Adding connectivity solutions in the vehicle has become the top most priority for automobile manufacturers. Many connectivity solutions are integrated in modern cars that require internet service to perform their respective functions. Connectivity can be provided in a car using embedded, integrated, or tethered connectivity solutions. One of these connectivity solutions is used to offer Internet connection to the driver as well as the passengers who travel in the vehicle. An in-car hotspot can be created to provide Internet access to all the devices within the vehicle with the help of a smart phone, modem, or connectivity device. Therefore, rise in trend of connectivity solutions drives the growth of the connected cars market.
Connected Car Market
By Connectivity Solutions
Embedded is projected as the most lucrative segments
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Ease of vehicle diagnosis
Advance diagnostic system is a feature that is expected to boost the connected cars market growth. In advanced diagnostics, the system in the car will supply data of the vehicle to both the automobile dealer and the customer, which can help predict potential automobile issues before they take place.
Connected Car Market
By Services
Driver assistance is projected as the most lucrative segments
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In fleet management, it is easy to track vehicle records and decide which vehicle has travelled the most and accordingly offer service with the help of connectivity solutions. The diagnostic service offered is an efficient way to diagnose the status of the vehicles. It allows the consumers to manage the maintenance of their vehicle, thus saving money and time by avoiding unwanted expenses & breakdowns. The system provides a maintenance schedule and timely reminders to the consumer. The diagnostic system keeps a track of the smoke emission and fuel consumption of the vehicles, thereby monitoring its engine health. The diagnostic service sends a detailed report about the vehicle to the decision maker who decides on the service schedules for the automobile. Thus, ease of vehicle diagnosis with the help mobile applications is expected to fuel the connected car market growth.
Connected Car Market
By End-use
Aftermarket is projected as the most lucrative segments
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Lack of uninterrupted & seamless internet connectivity
The main objective of connected cars is to keep the consumer connected to the outside world. People need a continuous access to the Internet even when they are travelling. Consumers expect their cars to perform tasks similar to their computer or smart phones. Interrupted connectivity may act as a restraint for the connected cars segment as it fails to offer a seamless Internet service. This is mainly due to inconsistency in the network offered by service providers, which varies for different regions.
Connected Car Market
By Region
Europe would exhibit the highest CAGR of 20.4% during 2020-2027.
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Intelligent transportation system
The safety services offered in connected cars are an appropriate example of cutting edge aftermarket technology, which involves sharing data between the vehicle and the humans. Safety is a combination of telecommunication and automobile technology used to improve vehicle efficiency, reduce fuel consumption & maintenance cost, enhance security & safety measures, and assist the driver to enhance his overall driving experience. Driver assistance system is another feature of the connected cars that helps the driver find the most appropriate route to reach the destination. It also prompts alert messages regarding traffic jams and parking space availability. All these connected cars features provide intelligent transportation systems, which are designed to improve the overall driving experience.
Key Benefits For Stakeholders
This study presents analytical depiction of the global connected car market analysis along with the current trends and future estimations to depict imminent investment pockets.
The overall connected car market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the connected car market with a detailed impact analysis.
The current market is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
Key Market Segments
By Technology
- 3G
- 4G/LTE
- 5G
By Connectivity Solutions
- Integrated
- Embedded
- Tethered
By Services
- Driver Assistance
- Safety
- Entertainment
- Well-being
- Vehicle Management
- ntMobility Manageme
By EndUse
- Original Equipment Manufacturer (OEMs)
- Aftermarket
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Russia
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Players
- Airbiquity Inc.
- CloudMade
- Continental AG
- Intellias Ltd.
- LUXOFT
- Qualcomm Technologies, Inc.
- Robert Bosch GmbH
- Sierra Wireless
- Tesla
- ZUBIE, INC.
- AT&T
- Audi AG
- BMW Group
- Daimler AG
- Ford Motor Company
- Samsung Electronics
- Telefonica S.A.
- TomTom International
- Verizon Communications
- Vodafone Group Plc.
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies
3.3.Porter’s five forces analysis
3.3.1.Moderate-to-high bargaining power of suppliers
3.3.2.Low-to-moderate threat of new entrants
3.3.3.Low-to-high threat of substitutes
3.3.4.Moderate-to-high intensity of rivalry
3.3.5.Moderate bargaining power of buyers
3.4.Market share analysis, 2019 (%)
3.5.Market dynamics
3.5.1.Drivers
3.5.1.1.Rise in trend of connectivity solutions
3.5.1.2.Ease of vehicle diagnosis
3.5.1.3.Increase in need of safety & security
3.5.2.Restraints
3.5.2.1.Threat of data hacking
3.5.2.2.High installation cost
3.5.2.3.Lack of uninterrupted & seamless internet connectivity
3.5.3.Opportunities
3.5.3.1.Intelligent transportation system
3.5.3.2.Improved performance of autonomous vehicles
CHAPTER 4:CONNECTED CAR MARKET, BY TECHNOLOGY
4.1.Overview
4.3.3G
4.3.1.Key market trends, growth factors and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis by country
4.4.4G/LTE
4.4.1.Key market trends, growth factors and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis by country
4.5.5G
4.5.1.Key market trends, growth factors and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis by country
CHAPTER 5:CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS
5.1.Overview
5.2.Integrated
5.2.1.Key market trends, growth factors and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis by country
5.3.Embedded
5.3.1.Key market trends, growth factors and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis by country
5.4.Tethered
5.4.1.Key market trends, growth factors and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis by country
CHAPTER 6:CONNECTED CAR MARKET, BY SERVICE
6.1.Overview
6.2.Driver assistance
6.2.1.Key market trends, growth factors and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis by country
6.3.Safety
6.3.1.Key market trends, growth factors and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis by country
6.4.Entertainment
6.4.1.Key market trends, growth factors and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis by country
6.5.Well-being
6.5.1.Key market trends, growth factors and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis by country
6.6.Vehicle management
6.6.1.Key market trends, growth factors and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market analysis by country
6.7.Mobility management
6.7.1.Key market trends, growth factors and opportunities
6.7.2.Market size and forecast, by region
6.7.3.Market analysis by country
CHAPTER 7:CONNECTED CAR MARKET, BY END-MARKET
7.1.Overview
7.2.Original equipment manufacturer (OEM)
7.2.1.Key market trends, growth factors and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis by country
7.3.Aftermarket
7.3.1.Key market trends, growth factors and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis by country
CHAPTER 8:CONNECTED CAR MARKET, BY REGIO
8.1.Overview
8.2.North America
8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by technology
8.2.3.Market size and forecast, by connectivity solutions
8.2.4.Market size and forecast, by services
8.2.5.Market size and forecast, by end-market
8.2.6.Market analysis by country
8.2.6.1.U.S.
8.2.6.1.1.Market size and forecast, by technology
8.2.6.1.2.Market size and forecast, by connectivity solutions
8.2.6.1.3.Market size and forecast, by services
8.2.6.1.4.Market size and forecast, by end-market
8.2.6.2.Canada
8.2.6.2.1.Market size and forecast, by technology
8.2.6.2.2.Market size and forecast, by connectivity solutions
8.2.6.2.3.Market size and forecast, by services
8.2.6.2.4.Market size and forecast, by end-market
8.2.6.3.Mexico
8.2.6.3.1.Market size and forecast, by technology
8.2.6.3.2.Market size and forecast, by connectivity solutions
8.2.6.3.3.Market size and forecast, by services
8.2.6.3.4.Market size and forecast, by end-market
8.3.Europe
8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by technology
8.3.3.Market size and forecast, by connectivity solutions
8.3.4.Market size and forecast, by services
8.3.5.Market size and forecast, by end-market
8.3.6.Market analysis by country
8.3.6.1.UK
8.3.6.1.1.Market size and forecast, by technology
8.3.6.1.2.Market size and forecast, by connectivity solutions
8.3.6.1.3.Market size and forecast, by services
8.3.6.1.4.Market size and forecast, by end-market
8.3.6.2.Germany
8.3.6.2.1.Market size and forecast, by technology
8.3.6.2.2.Market size and forecast, by connectivity solutions
8.3.6.2.3.Market size and forecast, by services
8.3.6.2.4.Market size and forecast, by end-market
8.3.6.3.France
8.3.6.3.1.Market size and forecast, by technology
8.3.6.3.2.Market size and forecast, by connectivity solutions
8.3.6.3.3.Market size and forecast, by services
8.3.6.3.4.Market size and forecast, by end-market
8.3.6.4.Russia
8.3.6.4.1.Market size and forecast, by technology
8.3.6.4.2.Market size and forecast, by connectivity solutions
8.3.6.4.3.Market size and forecast, by services
8.3.6.4.4.Market size and forecast, by end-market
8.3.6.5.Italy
8.3.6.5.1.Market size and forecast, by technology
8.3.6.5.2.Market size and forecast, by connectivity solutions
8.3.6.5.3.Market size and forecast, by services
8.3.6.5.4.Market size and forecast, by end-market
8.3.6.6.Rest of Europe
8.3.6.6.1.Market size and forecast, by technology
8.3.6.6.2.Market size and forecast, by connectivity solutions
8.3.6.6.3.Market size and forecast, by services
8.3.6.6.4.Market size and forecast, by end-market
8.4.Asia-Pacific
8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by technology
8.4.3.Market size and forecast, by connectivity solutions
8.4.4.Market size and forecast, by services
8.4.5.Market size and forecast, by end-market
8.4.6.Market analysis by country
8.4.6.1.China
8.4.6.1.1.Market size and forecast, by technology
8.4.6.1.2.Market size and forecast, by connectivity solutions
8.4.6.1.3.Market size and forecast, by services
8.4.6.1.4.Market size and forecast, by end-market
8.4.6.2.India
8.4.6.2.1.Market size and forecast, by technology
8.4.6.2.2.Market size and forecast, by connectivity solutions
8.4.6.2.3.Market size and forecast, by services
8.4.6.2.4.Market size and forecast, by end-market
8.4.6.3.Japan
8.4.6.3.1.Market size and forecast, by technology
8.4.6.3.2.Market size and forecast, by connectivity solutions
8.4.6.3.3.Market size and forecast, by services
8.4.6.3.4.Market size and forecast, by end-market
8.4.6.4.South Korea
8.4.6.4.1.Market size and forecast, by technology
8.4.6.4.2.Market size and forecast, by connectivity solutions
8.4.6.4.3.Market size and forecast, by services
8.4.6.4.4.Market size and forecast, by end-market
8.4.6.5.Rest of Asia-Pacific
8.4.6.5.1.Market size and forecast, by technology
8.4.6.5.2.Market size and forecast, by connectivity solutions
8.4.6.5.3.Market size and forecast, by services
8.4.6.5.4.Market size and forecast, by end-market
8.5.LAMEA
8.5.1.Key market trends, growth factors, and opportunities
8.5.2.Market size and forecast, by technology
8.5.3.Market size and forecast, by connectivity solutions
8.5.4.Market size and forecast, by services
8.5.5.Market size and forecast, by end-market
8.5.6.Market analysis by country
8.5.6.1.Latin America
8.5.6.1.1.Market size and forecast, by technology
8.5.6.1.2.Market size and forecast, by connectivity solutions
8.5.6.1.3.Market size and forecast, by services
8.5.6.1.4.Market size and forecast, by end-market
8.5.6.2.Middle East
8.5.6.2.1.Market size and forecast, by technology
8.5.6.2.2.Market size and forecast, by connectivity solutions
8.5.6.2.3.Market size and forecast, by services
8.5.6.2.4.Market size and forecast, by end-market
8.5.6.3.Africa
8.5.6.3.1.Market size and forecast, by technology
8.5.6.3.2.Market size and forecast, by connectivity solutions
8.5.6.3.3.Market size and forecast, by services
8.5.6.3.4.Market size and forecast, by end-market
CHAPTER 9:COMPANY PROFILES
9.1.Airbiquity Inc.
9.1.1.Company overview
9.1.2.Company snapshot
9.1.3.Product portfolio
9.1.4.Key strategic moves and developments
9.2.CloudMade
9.2.1.Company overview
9.2.2.Company snapshot
9.2.3.Product portfolio
9.2.4.Key strategic moves and developments
9.3.Continental AG
9.3.1.Company overview
9.3.2.Company snapshot
9.3.3.Operating business segments
9.3.4.Business performance
9.3.5.Key strategic moves and developments
9.4.Intellias Ltd.
9.4.1.Company overview
9.4.2.Company snapshot
9.4.3.Product portfolio
9.4.4.Key strategic moves and developments
9.5.LUXOFT
9.5.1.Company overview
9.5.2.Company snapshot
9.5.3.Operating business segments
9.5.4.Business performance
9.5.5.Key strategic moves and developments
9.6.Qualcomm Technologies, Inc.
9.6.1.Company overview
9.6.2.Company snapshot
9.6.3.Operating business segments
9.6.4.Business performance
9.6.5.Key strategic moves and developments
9.7.Robert Bosch GmbH
9.7.1.Company overview
9.7.2.Company snapshot
9.7.3.Operating business segments
9.7.4.Business performance
9.7.5.Key strategic moves and developments
9.8.Sierra Wireless
9.8.1.Company overview
9.8.2.Company snapshot
9.8.3.Operating business segments
9.8.4.Business performance
9.8.5.Key strategic moves and developments
9.9.Tesla
9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Operating business segments
9.9.4.Product portfolio
9.9.5.Business performance
9.9.6.Key strategic moves and developments
9.10.ZUBIE, INC.
9.10.1.Company overview
9.10.2.Company snapshot
9.10.3.Product portfolio
9.10.4.Key strategic moves and developments
9.11.AT&T INC
9.11.1.Company overview
9.11.2.Company snapshot
9.11.3.Operating business segments
9.11.4.Product portfolio
9.11.5.Business performance
9.11.6.Key strategic moves and developments
9.12.AUDI AG
9.12.1.Company overview
9.12.2.Company snapshot
9.12.3.Operating business segments
9.12.4.Product portfolio
9.12.5.Business performance
9.12.6.Key strategic moves and developments
9.13.BMW GROUP
9.13.1.Company overview
9.13.2.Company snapshot
9.13.3.Operating business segments
9.13.4.Product portfolio
9.13.5.Business performance
9.13.6.Key strategic moves and developments
9.14.DAIMLER AG (MERCEDES-BENZ)
9.14.1.Company overview
9.14.2.Company snapshot
9.14.3.Operating business segments
9.14.4.Product portfolio
9.14.5.Business performance
9.14.6.Key strategic moves and developments
9.15.FORD MOTOR COMPANY
9.15.1.Company overview
9.15.2.Company snapshot
9.15.3.Operating business segments
9.15.4.Product portfolio
9.15.5.Business performance
9.15.6.Key strategic moves and developments
9.16.SAMSUNG ELECTRONICS CO. LTD. (HARMAN INTERNATIONAL INDUSTRIES, INC.)
9.16.1.Company overview
9.16.2.Company snapshot
9.16.3.Operating business segments
9.16.4.Business performance
9.16.5.Key strategic moves and developments
9.17.TELEFONICA, S.A.
9.17.1.Company overview
9.17.2.Company snapshot
9.17.3.Operating business segments
9.17.4.Product portfolio
9.17.5.Business performance
9.17.6.Key strategic moves and developments
9.18.TOMTOM INTERNATIONAL N.V.
9.18.1.Company overview
9.18.2.Company snapshot
9.18.3.Operating business segments
9.18.4.Product portfolio
9.18.5.Business performance
9.18.6.Key strategic moves and developments
9.19.VERIZON COMMUNICATIONS INC.
9.19.1.Company overview
9.19.2.Company snapshot
9.19.3.Operating business segments
9.19.4.Product portfolio
9.19.5.Business performance
9.19.6.Key strategic moves and developments
9.20.VODAFONE GROUP PLC
9.20.1.Company overview
9.20.2.Company snapshot
9.20.3.Operating business segments
9.20.4.Product portfolio
9.20.5.Business performance
9.20.6.Key strategic moves and developments
LIST OF TABLES
TABLE 01.GLOBAL CONNECTED CAR MARKET, BY SYSTEM, 2019-2027 ($MILLION)
TABLE 02.CONNECTED CAR MARKET REVENUE FOR 3G, BY REGION 2019–2027 ($MILLION)
TABLE 03.CONNECTED CAR MARKET REVENUE FOR 4G/LTE, BY REGION 2019–2027 ($MILLION)
TABLE 04.CONNECTED CAR MARKET REVENUE FOR 5G, BY REGION 2019–2027 ($MILLION)
TABLE 05.GLOBAL CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019-2027 ($MILLION)
TABLE 06.CONNECTED CAR MARKET REVENUE FOR INTEGRATED, BY REGION 2019–2027 ($MILLION)
TABLE 07.CONNECTED CAR MARKET REVENUE FOR EMBEDDED, BY REGION 2019–2027 ($MILLION)
TABLE 08.CONNECTED CAR MARKET REVENUE FOR TETHERED, BY REGION 2019–2027 ($MILLION)
TABLE 09.GLOBAL CONNECTED CAR MARKET, BY SERVICE, 2019-2027 ($MILLION)
TABLE 10.CONNECTED CAR MARKET REVENUE FOR DRIVER ASSISTANCE, BY REGION 2019–2027 ($MILLION)
TABLE 11.CONNECTED CAR MARKET REVENUE FOR SAFETY, BY REGION 2019–2027 ($MILLION)
TABLE 12.CONNECTED CAR MARKET REVENUE FOR ENTERTAINMENT, BY REGION 2019–2027 ($MILLION)
TABLE 13.CONNECTED CAR MARKET REVENUE FOR WELL-BEING, BY REGION 2019–2027 ($MILLION)
TABLE 14.CONNECTED CAR MARKET REVENUE FOR VEHICLE MANAGEMENT, BY REGION 2019–2027 ($MILLION)
TABLE 15.CONNECTED CAR MARKET REVENUE FOR MOBILITY MANAGEMENT, BY REGION 2019–2027 ($MILLION)
TABLE 16.GLOBAL CONNECTED CAR MARKET, BY END-MARKET, 2019-2027 ($MILLION)
TABLE 17.CONNECTED CAR MARKET REVENUE FOR ORIGINAL EQUIPMENT MANUFACTURER (OEMS), BY REGION 2019–2027 ($MILLION)
TABLE 18.CONNECTED CAR MARKET REVENUE FOR AFTERMARKET, BY REGION 2019–2027 ($MILLION)
TABLE 19.NORTH AMERICA CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 20.NORTH AMERICA CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 21.NORTH AMERICA CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 22.NORTH AMERICA CONNECTED CAR MARKET, BY END-MARKET, 2019–2027 ($MILLION)
TABLE 23.U.S. CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 24.U.S. CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 25.U.S. CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 26.U.S. CONNECTED CAR MARKET, BY END MARKET, 2019–2027 ($MILLION)
TABLE 27.CANADA CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 28.CANADA CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 29.CANADA CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 30.CANADA CONNECTED CAR MARKET, BY END MARKET, 2019–2027 ($MILLION)
TABLE 31.MEXICO CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 32.MEXICO CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 33.MEXICO CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 34.MEXICO CONNECTED CAR MARKET, BY END MARKET, 2019–2027 ($MILLION)
TABLE 35.EUROPE CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 36.EUROPE CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 37.EUROPE CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 38.EUROPE CONNECTED CAR MARKET, BY END-MARKET, 2019–2027 ($MILLION)
TABLE 39.UK CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 40.UK CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 41.UK CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 42.UK CONNECTED CAR MARKET, BY END MARKET, 2019–2027 ($MILLION)
TABLE 43.GERMANY CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 44.GERMANY CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 45.GERMANY CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 46.GERMANY CONNECTED CAR MARKET, BY END MARKET, 2019–2027 ($MILLION)
TABLE 47.FRANCE CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 48.FRANCE CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 49.FRANCE CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 50.FRANCE CONNECTED CAR MARKET, BY END MARKET, 2019–2027 ($MILLION)
TABLE 51.RUSSIA CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 52.RUSSIA CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 53.RUSSIA CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 54.RUSSIA CONNECTED CAR MARKET, BY END MARKET, 2019–2027 ($MILLION)
TABLE 55.ITALY CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 56.ITALY CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 57.ITALY CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 58.ITALY CONNECTED CAR MARKET, BY END MARKET, 2019–2027 ($MILLION)
TABLE 59.REST OF EUROPE CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 60.REST OF EUROPE CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 61.REST OF EUROPE CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 62.REST OF EUROPE CONNECTED CAR MARKET, BY END MARKET, 2019–2027 ($MILLION)
TABLE 63.ASIA-PACIFIC CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 64.ASIA-PACIFIC CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 65.ASIA-PACIFIC CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 66.ASIA-PACIFIC CONNECTED CAR MARKET, BY END-MARKET, 2019–2027 ($MILLION)
TABLE 67.CHINA CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 68.CHINA CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 69.CHINA CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 70.CHINA CONNECTED CAR MARKET, BY END MARKET, 2019–2027 ($MILLION)
TABLE 71.INDIA CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 72.INDIA CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 73.INDIA CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 74.INDIA CONNECTED CAR MARKET, BY END MARKET, 2019–2027 ($MILLION)
TABLE 75.JAPAN CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 76.JAPAN CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 77.JAPAN CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 78.JAPAN CONNECTED CAR MARKET, BY END MARKET, 2019–2027 ($MILLION)
TABLE 79.SOUTH KOREA CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 80.SOUTH KOREA CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 81.SOUTH KOREA CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 82.SOUTH KOREA CONNECTED CAR MARKET, BY END MARKET, 2019–2027 ($MILLION)
TABLE 83.REST OF ASIA-PACIFIC CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 84.REST OF ASIA-PACIFIC CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 85.REST OF ASIA-PACIFIC CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 86.REST OF ASIA-PACIFIC CONNECTED CAR MARKET, BY END MARKET, 2019–2027 ($MILLION)
TABLE 87.LAMEA CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 88.LAMEA CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 89.LAMEA CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 90.LAMEA CONNECTED CAR MARKET, BY END-MARKET, 2019–2027 ($MILLION)
TABLE 91.LATIN AMERICA CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 92.LATIN AMERICA CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 93.LATIN AMERICA CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 94.LATIN AMERICA CONNECTED CAR MARKET, BY END MARKET, 2019–2027 ($MILLION)
TABLE 95.MIDDLE EAST CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 96.MIDDLE EAST CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 97.MIDDLE EAST CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 98.MIDDLE EAST CONNECTED CAR MARKET, BY END MARKET, 2019–2027 ($MILLION)
TABLE 99.AFRICA CONNECTED CAR MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 100.AFRICA CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019–2027 ($MILLION)
TABLE 101.AFRICA CONNECTED CAR MARKET, BY SERVICES, 2019–2027 ($MILLION)
TABLE 102.AFRICA CONNECTED CAR MARKET, BY END MARKET, 2019–2027 ($MILLION)
TABLE 103.AIRBIQUITY INC.., LTD.: COMPANY SNAPSHOT
TABLE 104.CLOUDMADE.: COMPANY SNAPSHOT
TABLE 105.CONTINENTAL AG: COMPANY SNAPSHOT
TABLE 106.CONTINENTAL AG: OPERATING SEGMENTS
TABLE 107.INTELLIAS LTD.: COMPANY SNAPSHOT
TABLE 108.LUXOFT: COMPANY SNAPSHOT
TABLE 109.LUXOFT: OPERATING SEGMENTS
TABLE 110.QUALCOMM TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 111.QUALCOMM TECHNOLOGIES, INC.: OPERATING SEGMENTS
TABLE 112.ROBERT BOSCH GMBH: COMPANY SNAPSHOT
TABLE 113.ROBERT BOSCH GMBH: OPERATING SEGMENTS
TABLE 114.SIERRA WIRELESS: COMPANY SNAPSHOT
TABLE 115.SIERRA WIRELESS: OPERATING SEGMENTS
TABLE 116.TESLA: COMPANY SNAPSHOT
TABLE 117.ZUBIE, INC.: COMPANY SNAPSHOT
TABLE 118.AT&T INC: COMPANY SNAPSHOT
TABLE 119.AT&T INC: OPERATING SEGMENTS
TABLE 120.AT&T INC: PRODUCT PORTFOLIO
TABLE 121.AUDI AG: COMPANY SNAPSHOT
TABLE 122.AUDI AG: OPERATING SEGMENTS
TABLE 123.AUDI AG: PRODUCT PORTFOLIO
TABLE 124.BMW GROUP: COMPANY SNAPSHOT
TABLE 125.BMW GROUP: OPERATING SEGMENTS
TABLE 126.FORD MOTOR COMPANY: PRODUCT PORTFOLIO
TABLE 127.DAIMLER AG: COMPANY SNAPSHOT
TABLE 128.DAIMLER AG: OPERATING SEGMENTS
TABLE 129.DAIMLER AG: PRODUCT PORTFOLIO
TABLE 130.FORD MOTOR COMPANY: COMPANY SNAPSHOT
TABLE 131.FORD MOTOR COMPANY: OPERATING SEGMENTS
TABLE 132.FORD MOTOR COMPANY: PRODUCT PORTFOLIO
TABLE 133.SAMSUNG: COMPANY SNAPSHOT
TABLE 134.SAMSUNG: OPERATING SEGMENTS
TABLE 135.SAMSUNG: PRODUCT PORTFOLIO
TABLE 136.TELEFONICA, S.A.: COMPANY SNAPSHOT
TABLE 137.TELEFONICA, S.A.: OPERATING SEGMENTS
TABLE 138.TELEFONICA, S.A.: PRODUCT PORTFOLIO
TABLE 139.TOMTOM INTERNATIONAL N.V.: COMPANY SNAPSHOT
TABLE 140.TOMTOM INTERNATIONAL N.V.: OPERATING SEGMENTS
TABLE 141.TOMTOM INTERNATIONAL N.V.: PRODUCT PORTFOLIO
TABLE 142.VERIZON COMMUNICATIONS INC.: COMPANY SNAPSHOT
TABLE 143.VERIZON COMMUNICATIONS INC.: OPERATING SEGMENTS
TABLE 144.VERIZON COMMUNICATIONS INC.: PRODUCT PORTFOLIO
TABLE 145.VODAFONE GROUP PLC: COMPANY SNAPSHOT
TABLE 146.VODAFONE GROUP PLC: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP WINNING STRATEGIES, BY YEAR, 2017-2020*
FIGURE 07.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017-2020*
FIGURE 08.TOP WINNING STRATEGIES, BY COMPANY, 2017-2020*
FIGURE 09.MARKET SHARE ANALYSIS, 2019 (%)
FIGURE 10.GLOBAL CONNECTED CAR MARKET, BY SYSTEM, 2019-2027
FIGURE 11.COMPARATIVE SHARE ANALYSIS OF CONNECTED CAR MARKET FOR 3G, BY COUNTRY, 2019 & 2027 ($MILLON)
FIGURE 12.COMPARATIVE SHARE ANALYSIS OF CONNECTED CAR MARKET FOR 4G/LTE, BY COUNTRY, 2019 & 2027 ($MILLON)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF CONNECTED CAR MARKET FOR 5G, BY COUNTRY, 2019 & 2027 ($MILLON)
FIGURE 14.GLOBAL CONNECTED CAR MARKET, BY CONNECTIVITY SOLUTIONS, 2019-2027
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF CONNECTED CAR MARKET FOR INTEGRATED, BY COUNTRY, 2019 & 2027 ($MILLON)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF CONNECTED CAR MARKET FOR EMBEDDED, BY COUNTRY, 2019 & 2027 ($MILLON)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF CONNECTED CAR MARKET FOR TETHERED, BY COUNTRY, 2019 & 2027 ($MILLON)
FIGURE 18.GLOBAL CONNECTED CAR MARKET, BY SERVICE, 2019-2027
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF CONNECTED CAR MARKET FOR DRIVER ASSISTANCE, BY COUNTRY, 2019 & 2027 ($MILLON)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF CONNECTED CAR MARKET FOR SAFETY, BY COUNTRY, 2019 & 2027 ($MILLON)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF CONNECTED CAR MARKET FOR ENTERTAINMENT, BY COUNTRY, 2019 & 2027 ($MILLON)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF CONNECTED CAR MARKET FOR WELL-BEING, BY COUNTRY, 2019 & 2027 ($MILLON)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF CONNECTED CAR MARKET FOR VEHICLE MANAGEMENT, BY COUNTRY, 2019 & 2027 ($MILLON)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF CONNECTED CAR MARKET FOR MOBILITY MANAGEMENT , BY COUNTRY, 2019 & 2027 ($MILLON)
FIGURE 25.GLOBAL CONNECTED CAR MARKET, BY END-MARKET, 2019-2027
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF CONNECTED CAR MARKET FOR ORIGINAL EQUIPMENT MANUFACTURERS (OEMS), BY COUNTRY, 2019 & 2027 ($MILLON)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF CONNECTED CAR MARKET FOR AFTERMARKET, BY COUNTRY, 2019 & 2027 ($MILLON)
FIGURE 28.CONNECTED CAR MARKET, BY REGION, 2019-2027 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF CONNECTED CAR MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 30.U.S. CONNECTED CAR MARKET, 2019–2027 ($MILLION)
FIGURE 31.CANADA CONNECTED CAR MARKET, 2019–2027 ($MILLION)
FIGURE 32.MEXICO CONNECTED CAR MARKET, 2019–2027 ($MILLION)
FIGURE 33.COMPARATIVE SHARE ANALYSIS OF CONNECTED CAR MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 34.UK CONNECTED CAR MARKET, 2019–2027 ($MILLION)
FIGURE 35.GERMANY CONNECTED CAR MARKET, 2019–2027 ($MILLION)
FIGURE 36.FRANCE CONNECTED CAR MARKET, 2019–2027 ($MILLION)
FIGURE 37.RUSSIA CONNECTED CAR MARKET, 2019–2027 ($MILLION)
FIGURE 38.ITALY CONNECTED CAR MARKET, 2019–2027 ($MILLION)
FIGURE 39.REST OF EUROPE CONNECTED CAR MARKET, 2019–2027 ($MILLION)
FIGURE 40.COMPARATIVE SHARE ANALYSIS OF CONNECTED CAR MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 41.CHINA CONNECTED CAR MARKET, 2019–2027 ($MILLION)
FIGURE 42.INDIA CONNECTED CAR MARKET, 2019–2027 ($MILLION)
FIGURE 43.JAPAN CONNECTED CAR MARKET, 2019–2027 ($MILLION)
FIGURE 44.SOUTH KOREA CONNECTED CAR MARKET, 2019–2027 ($MILLION)
FIGURE 45.REST OF ASIA-PACIFIC CONNECTED CAR MARKET, 2019–2027 ($MILLION)
FIGURE 46.COMPARATIVE SHARE ANALYSIS OF CONNECTED CAR MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 47.LATIN AMERICA CONNECTED CAR MARKET, 2019–2027 ($MILLION)
FIGURE 48.MIDDLE EAST CONNECTED CAR MARKET, 2019–2027 ($MILLION)
FIGURE 49.AFRICA CONNECTED CAR MARKET, 2019–2027 ($MILLION)
FIGURE 50.CONTINENTAL AG: REVENUE, 2016–2018 ($MILLION)
FIGURE 51.CONTINENTAL AG: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 52.CONTINENTAL AG: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 53.LUXOFT: REVENUE, 2016–2018 ($MILLION)
FIGURE 54.LUXOFT: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 55.LUXOFT: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 56.QUALCOMM TECHNOLOGIES, INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 57.QUALCOMM TECHNOLOGIES, INC.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 58.ROBERT BOSCH GMBH: REVENUE, 2016–2018 ($MILLION)
FIGURE 59.ROBERT BOSCH GMBH: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 60.ROBERT BOSCH GMBH: REVENUE SHARE BY REGION , 2018 (%)
FIGURE 61.SIERRA WIRELESS: REVENUE, 2016–2018 ($MILLION)
FIGURE 62.SIERRA WIRELESS: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 63.SIERRA WIRELESS: REVENUE SHARE BY REGION , 2018 (%)
FIGURE 64.TESLA: REVENUE, 2016–2018 ($MILLION)
FIGURE 65.TESLA: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 66.TESLA: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 67.AT&T INC: REVENUE, 2016–2018 ($MILLION)
FIGURE 68.AT&T INC: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 69.AT&T INC.: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 70.AUDI AG: REVENUE, 2016–2018 ($MILLION)
FIGURE 71.AUDI AG: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 72.AUDI AG: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 73.BMW GROUP: REVENUE, 2016–2018 ($MILLION)
FIGURE 74.BMW GROUP: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 75.BMW GROUP: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 76.DAIMLER AG: NET SALES, 2016–2018 ($MILLION)
FIGURE 77.DAIMLER AG: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 78.DAIMLER AG: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 79.FORD MOTOR COMPANY: REVENUE, 2016–2018 ($MILLION)
FIGURE 80.FORD MOTOR COMPANY: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 81.FORD MOTOR COMPANY: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 82.SAMSUNG: NET SALES, 2016–2018 ($MILLION)
FIGURE 83.SAMSUNG: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 84.SAMSUNG: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 85.TELEFONICA, S.A.: REVENUE, 2016–2018 ($MILLION)
FIGURE 86.TELEFONICA, S.A.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 87.TELEFONICA, S.A.: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 88.TOMTOM INTERNATIONAL N.V.: REVENUE, 2016–2018 ($MILLION)
FIGURE 89.TOMTOM INTERNATIONAL N.V.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 90.TOMTOM INTERNATIONAL N.V.: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 91.VERIZON COMMUNICATIONS INC.: REVENUE, 2016–2018 ($MILLION)
FIGURE 92.VERIZON COMMUNICATIONS INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 93.VODAFONE GROUP PLC: REVENUE, 2016–2018 ($MILLION)
FIGURE 94.VODAFONE GROUP PLC: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
Connected car refers to a vehicle equipped with features to connect to internet or wireless local area network, which can be used for sharing of data with other devices and vehicles. Moreover, special technologies for internet access are integrated in the car to provide additional benefits such as navigation, vehicle diagnosis, mobility management, and others. The connected car market is in its nascent stage, and is contributing significant revenue for the overall automotive industry. Moreover, the connected car technology has witnessed increase in popularity among end users. In addition to the advantages, surge in its awareness among consumers is expected to lead to rapid growth of the market during the forecast period.
Rise in trend of connectivity solutions, ease of vehicle diagnosis, and increase in need of safety & security are the key factors that fuel the growth of the global connected cars market. However, high likelihood of data hacking and unavailability of uninterrupted & seamless connectivity hinder the market growth.
Among the analyzed geographical regions, currently, North America is the highest revenue contributor in 2019 followed by Europe, Asia-Pacific, and LAMEA. However, during the forecast period, Europe is expected to lead the market in terms of growth rate followed by Asia-Pacific, LAMEA and North America.
Q1. What is connected car technology?
A. Connected car technology are a form of vehicle which have internet access in them. This helps the vehicle to connect to the real world and get the real time data from outside thus leading to the safety of the vehicle.
Q2. What is the CAGR of connected car market by 2027?
A. The connected car market is expected to register a CAGR of 17.1% by 2027 due to the wider adoiption of this technology amongst vehicles.
Q3. How can I get report sample of connected car market ?
A. The sample for connected car market report can be obtained on demand from the website. Also, the 24*7 chat support and direct call services are provided to procure the sample report.
Q4. What will be the connected car market value expected during the forecast period?
A. The global connected car market was valued at $63.03 billion in 2019, and is projected to reach $225.16 billion by 2027
Q5. What are the applications of connected car industry?
A. The applications of connected car industry includes services such as driver assistance, safety, entertainment, well-being and others thus leading to the wider adoption of connected car service.
Q6. Which segment will drive market growth in connected cars?
A. Based on the analysis, the service segment is expected to drive the growth of the global connected car market due to the application of different featires such as advanced driving system, vehicle management and mobilitymanagement.
Q7. How can I get top ten players company profiles of connected car Market?
A. The company profiles of the top market players of connected car market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the industry as well as their last three-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue generated.
Q8. What factors are anticipated to drive connected car market ?
A. Factors such as the rise in trend of connectivity solutions and ease of vehicle diagnosis are the factors which are expected to drive the connected car market.
Q9. Which region will provide more business opportunities of connected cars?
A. Based on the analysis carried out, Europe is projected to provide a better business opportunity owing to an increased CAGR as compared to other regions..
Q10. Which are the key market players in connected car market?
A. The key market players profiled in connected car market includes Continental AG, Robert Bosch GmbH, Tesla, Audi AG, BMW Group and others which holds a major market share in the global connected car market.
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