The global connected car market is expected to be around US$ 257 billion by 2027, at a CAGR of 25% from 2022 to 2027.
Connected cars support businesses like car mobility as a service, track the mileage and fuel consumption that providing inputs shorter routes and feedback on their driving. Furthermore, automatic car diagnostics support businesses excluding time and money while maximizing driver safety. Reimbursements presented by connected cars, including tire pressure analysis, automatically examine the use of correct PSI, a crucial factor for fuel consumption, which may be higher if a tire is under-inflated. A connected car is a car that is authorized with internet access with a wireless LAN. This system allows the car to share internet access beside other devices for use inside and outside the car. The connected car system allows the integration of every system and component of the car with each other, which can be observed on a mobile device. This system varieties driving safer, the car secure, and supports the user to identify or rectify the faults in the vehicle. Rise in demand for smartphones, internet, and advanced technologies along side the growth in demand for vehicles is anticipated to improvement the demand for connected car systems. Advanced infotainment devices with a fast connection of the wireless network is a key factor that is anticipated to increase the connected car systems market during the estimate period. Furthermore, rise in stringency of vehicle norms, industry consent regarding the safety and security of the vehicle, and growing demand for handy features, like multimedia streaming, navigation, and remote diagnostics are main factors which are estimated to determination the connected car systems market. Automakers are following new vehicle safety norms to inspire the safety of the vehicle and to variety the vehicle more secure from hacking and malfunctioning. This, in turn, is also likely to propel the demand for connected cars systems. Data penetrating, hacking, alongside the absence of strong infrastructure in emerging countries are key factors restraining the connected car systems market, as these can move the security and safety of the vehicle.
The global Connected Car market is segregated on the basis of Form as Embedded, Tethered, Integrated, and Operational Data. Based on End Market the global Connected Car market is segmented in Aftermarket and Original Equipment Manufacturer. Based on Hardware the global Connected Car market is segmented in Telematic Control Unit, Keyless Entry Systems, Sensors, Head Unit, Central Gateway, Intelligent Antenna, and Electronic Control Unit.
Based on Transponder, the global Connected Car market is segmented in Roadside Unit and Onboard Unit. The report also bifurcates the global Connected Car market based on Network in Cellular, Dedicated Short Range Communication, and Operational Data. The report also bifurcates the global Connected Car the global Service market is segmented in Ota Updates, On-Road Assistance, E-Call & Sos Assistance, Cybersecurity, Remote Operation, Operational Data, Navigation, Remote Diagnostics, Multimedia Streaming, and Social Media & Other Apps.
The global Connected Car market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Connected Car market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Zubie, BMW, Daimler, Telefonica, Luxoft, Hardware Providers, Software Providers, OEM Manufacturers, Network Providers, Iot/Mapping Solution Providers, and others are among the major players in the global Connected Car market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Connected Car Market has been segmented as below:
Connected Car Market, By Form
Connected Car Market, By End Market
Connected Car Market, By Hardware
Connected Car Market, By Network
Connected Car Market, By Transponder
Connected Car Market, By Service
Connected Car Market, By Region
Connected Car Market, By Company
The report covers:
Report Scope:
The global Connected Car market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Connected Car market share. Major industry players with significant revenue share include Zubie, BMW, Daimler, Telefonica, Luxoft, Hardware Providers, Software Providers, OEM Manufacturers, Network Providers, Iot/Mapping Solution Providers, and others.
Reasons to Buy this Report:
Some of the recent developments in Connected Car Market are as follows:
Zubie
BMW
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Connected Car Market, By Form
5.1 Introduction
5.2 Tethered
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Integrated
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Operational Data
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Embedded
5.5.1 Market Overview
5.5.2 Market Size and Forecast
6. Connected Car Market, By End Market
6.1 Introduction
6.2 Aftermarket
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Original Equipment Manufacturer (OEM)
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7. Connected Car Market, By Hardware
7.1 Introduction
7.2 Telematic Control Unit
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Keyless Entry Systems
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Sensors
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Head Unit
7.5.1 Market Overview
7.5.2 Market Size and Forecast
7.6 Central Gateway
7.6.1 Market Overview
7.6.2 Market Size and Forecast
7.7 Intelligent Antenna
7.7.1 Market Overview
7.7.2 Market Size and Forecast
7.8 Electronic Control Unit
7.8.1 Market Overview
7.8.2 Market Size and Forecast
8. Connected Car Market, By Network
8.1 Introduction
8.2 Cellular
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Dedicated Short Range Communication
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Operational Data
8.4.1 Market Overview
8.4.2 Market Size and Forecast
9. Connected Car Market, By Transponder
9.1 Introduction
9.2 Roadside Unit
9.2.1 Market Overview
9.2.2 Market Size and Forecast
9.3 Onboard Unit
9.3.1 Market Overview
9.3.2 Market Size and Forecast
10. Connected Car Market, By Service
10.1 Introduction
10.2 Ota Updates
10.2.1 Market Overview
10.2.2 Market Size and Forecast
10.3 On-Road Assistance
10.3.1 Market Overview
10.3.2 Market Size and Forecast
10.4 E-Call & Sos Assistance
10.4.1 Market Overview
10.4.2 Market Size and Forecast
10.5 Cybersecurity
10.5.1 Market Overview
10.5.2 Market Size and Forecast
10.6 Operational Data
10.6.1 Market Overview
10.6.2 Market Size and Forecast
10.7 Navigation
10.7.1 Market Overview
10.7.2 Market Size and Forecast
10.8 Remote Diagnostics
10.8.1 Market Overview
10.8.2 Market Size and Forecast
10.9 Multimedia Streaming
10.9.1 Market Overview
10.9.2 Market Size and Forecast
10.10 Social Media & Other Apps
10.10.1 Market Overview
10.10.2 Market Size and Forecast
11. Connected Car Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 North America Connected Car, By Form
11.2.2 North America Connected Car, By End Market
11.2.3 North America Connected Car, By Hardware
11.2.4 North America Connected Car, By Network
11.2.5 North America Connected Car, By Transponder
11.2.6 North America Connected Car, By Service
11.3 Europe
11.3.1 Europe Connected Car, By Form
11.3.2 Europe Connected Car, By End Market
11.3.3 Europe Connected Car, By Hardware
11.3.4 Europe Connected Car, By Network
11.3.5 Europe Connected Car, By Transponder
11.3.6 Europe Connected Car, By Service
11.4 Asia-Pacific
11.4.1 Asia-Pacific Connected Car, By Form
11.4.2 Asia-Pacific Connected Car, By End Market
11.4.3 Asia-Pacific Connected Car, By Hardware
11.4.4 Asia-Pacific Connected Car, By Network
11.4.5 Asia-Pacific Connected Car, By Transponder
11.4.6 Asia-Pacific Connected Car, By Service
11.5 Rest of the World
11.5.1 Rest of the World Connected Car, By Form
11.5.2 Rest of the World Connected Car, By End Market
11.5.3 Rest of the World Connected Car, By Hardware
11.5.4 Rest of the World Connected Car, By Network
11.5.5 Rest of the World Connected Car, By Transponder
11.5.6 Rest of the World Connected Car, By Service
12. Competitive Insights
12.1 Key Insights
12.2 Company Market Share Analysis
12.3 Strategic Outlook
12.3.1 Mergers & Acquisitions
12.3.2 New Product Development
12.3.3 Portfolio/Production Capacity Expansions
12.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
12.3.5 Others
13. Company Profiles
13.1 Zubie
13.1.1 Company Overview
13.1.2 Product/Service Landscape
13.1.3 Financial Overview
13.1.4 Recent Developments
13.2 BMW
13.2.1 Company Overview
13.2.2 Product/Service Landscape
13.2.3 Financial Overview
13.2.4 Recent Developments
13.3 Daimler
13.3.1 Company Overview
13.3.2 Product/Service Landscape
13.3.3 Financial Overview
13.3.4 Recent Developments
13.4 Telefonica
13.4.1 Company Overview
13.4.2 Product/Service Landscape
13.4.3 Financial Overview
13.4.4 Recent Developments
13.5 Luxoft
13.5.1 Company Overview
13.5.2 Product/Service Landscape
13.5.3 Financial Overview
13.5.4 Recent Developments
13.6 Hardware Providers
13.6.1 Company Overview
13.6.2 Product/Service Landscape
13.6.3 Financial Overview
13.6.4 Recent Developments
13.7 Software Providers
13.7.1 Company Overview
13.7.2 Product/Service Landscape
13.7.3 Financial Overview
13.7.4 Recent Developments
13.8 OEM Manufacturers
13.8.1 Company Overview
13.8.2 Product/Service Landscape
13.8.3 Financial Overview
13.8.4 Recent Developments
13.9 Network Providers
13.9.1 Company Overview
13.9.2 Product/Service Landscape
13.9.3 Financial Overview
13.9.4 Recent Developments
13.10 Iot/Mapping Solution Providers
13.10.1 Company Overview
13.10.2 Product/Service Landscape
13.10.3 Financial Overview
13.10.4 Recent Developments
13.11 Panasonic
13.11.1 Company Overview
13.11.2 Product/Service Landscape
13.11.3 Financial Overview
13.11.4 Recent Developments
13.12 Tech Mahindra
13.12.1 Company Overview
13.12.2 Product/Service Landscape
13.12.3 Financial Overview
13.12.4 Recent Developments
13.13 Microsoft Azure
13.13.1 Company Overview
13.13.2 Product/Service Landscape
13.13.3 Financial Overview
13.13.4 Recent Developments
The Connected Car Market has been segmented as below:
Connected Car Market, By Form
Connected Car Market, By End Market
Connected Car Market, By Hardware
Connected Car Market, By Network
Connected Car Market, By Transponder
Connected Car Market, By Service
Connected Car Market, By Region
Connected Car Market, By Company
