Global Connected Car Market Size study & Forecast, by Technology By Connectivity Solution By Service By End Market (Original Equipment Manufacturer, Aftermarket) and Regional Analysis, 2022-2029

Description

List of Tables

Global Connected Car Market is valued approximately USD 23.6 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 19% over the forecast period 2022-2029. Connected cars are vehicles that are connected to smartphones and tablets and are equipped with internet access, as well as optimize their operations at regular intervals. It can share content with a series of devices inside and outside the car environment through the network connection. The Connected Car market is expanding because of factors such as rising emergence of various technologies such as 5G and AI and Rising automation in the automotive sector.

Vehicles connected to various devices help enhance their safety as the driver receives real-time data of the vehicle's surroundings. Its prevalence has progressively increased during the last few decades. According to Next Move Strategy Consulting, the global automotive intelligence market is projected to grow between 2019 and 2030. While the market was sized at some USD 2.5 billion in 2019, it is expected to reach the size of around USD 74.5 billion in 2030.Moreover, according to Statista during 2021, the global connected car market was valued at USD 65 billion, and projected to grow to USD 121 billion by 2025. Furthermore, leading market players are working towards new partnerships to offer innovative products and solutions. For instance, in December 2021, in California, a US based leading automaker of electric vehicles, Mullen Automotive Inc., partnered strategically with DSA Systems, a leading provider of remote OTA technology and vehicle system diagnostics based in Michigan. Another important component driving space rising automation. According to Statista, the demand for autonomous vehicle simulation solutions increased between 2020 and 2021 for all autonomous levels. It is expected that in 2031, the global market for AV simulation solutions for Level 4 and Level 5 autonomy will reach the size of USD 308.6 million. In addition, in February 2022, In order to provide Connected Vehicle Solutions in the Indian and ASEAN markets, India-based Pricol and San Jose, California, US-based Sibros Technologies have formed a strategic technology alliance. However, risk associated to cybersecurity stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Connected Car Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of key market players. According to the Statista, in 2021, there were about 84 million connected cars on the roads in the United States. Their number is expected to surpass 305 million in 2035, making the United States the biggest market for connected vehicles. Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising geographic expansion of key players, and rising government initiatives in the market space.

Major market players included in this report are:

Harman International
Continental AG
AT&T
Robert Bosch GmbH
Daimler AG
Audi
TomTom Inc.
General Motors
Ford Motor Company
Hyundai Motor Group

Recent Developments in the Market:

In May 2022, General Motors and INRIX Inc, announced a collaboration to develop safety solutions to help transportation and planning agencies achieve road safety goals. Available first in the U.S., Safety View by GM Future Roads & INRIX is a cloud-based application that provides transportation officials with critical insights using crash, vehicle, and vulnerable road user (VRU) information, in addition to data from the U.S. Census to help prioritize and measure the effectiveness of roadway safety projects and their impact on communities.

Global Connected Car Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Technology, Connectivity Solutions, Service, End Market, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Technology:

3G
4G/LTE
5G

By Connectivity Solutions:

Integrated
Embedded
Tethered

By Service:

Driver assistance
Safety
Entertainment
Well-being
Others

By End Market:

Original Equipment Manufacturer (OEMs)
Aftermarket

By Region:

North America
- U.S.
- Canada

Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE

Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC

Latin America
- Brazil
- Mexico
- RoLA

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Connected Car Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Connected Car Market, by Technology, 2019-2029 (USD Billion)
- 1.2.3. Connected Car Market, by Connectivity Solutions, 2019-2029 (USD Billion)
- 1.2.4. Connected Car Market, by Service, 2019-2029 (USD Billion)
- 1.2.5. Connected Car Market, by End Market, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Connected Car Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Connected Car Market Dynamics

3.1. Connected Car Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising emergence of various technologies such as 5G and AI
  - 3.1.1.2. Rising automation in the automotive sector
- 3.1.2. Market Challenges
  - 3.1.2.1. Risk associated to Cybersecurity.
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising technological advancement in Automotive sector

Chapter 4. Global Connected Car Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Connected Car Market, by Technology

6.1. Market Snapshot
6.2. Global Connected Car Market by Technology, Performance - Potential Analysis
6.3. Global Connected Car Market Estimates & Forecasts by Technology 2019-2029 (USD Billion)
6.4. Connected Car Market, Sub Segment Analysis
- 6.4.1. 3G
- 6.4.2. 4G/LTE
- 6.4.3. 5G

Chapter 7. Global Connected Car Market, by Connectivity Solutions

7.1. Market Snapshot
7.2. Global Connected Car Market by Connectivity Solutions, Performance - Potential Analysis
7.3. Global Connected Car Market Estimates & Forecasts by Connectivity Solutions 2019-2029 (USD Billion)
7.4. Connected Car Market, Sub Segment Analysis
- 7.4.1. Integrated
- 7.4.2. Embedded
- 7.4.3. Tethered

Chapter 8. Global Connected Car Market, by Service

8.1. Market Snapshot
8.2. Global Connected Car Market by Service, Performance - Potential Analysis
8.3. Global Connected Car Market Estimates & Forecasts by Service 2019-2029 (USD Billion)
8.4. Connected Car Market, Sub Segment Analysis
- 8.4.1. Driver assistance
- 8.4.2. Safety
- 8.4.3. Entertainment
- 8.4.4. Well-being
- 8.4.5. Others

Chapter 9. Global Connected Car Market, by End Market

9.1. Market Snapshot
9.2. Global Connected Car Market by End Market, Performance - Potential Analysis
9.3. Global Connected Car Market Estimates & Forecasts by End Market 2019-2029 (USD Billion)
9.4. Connected Car Market, Sub Segment Analysis
- 9.4.1. Original Equipment Manufacturer (OEMs)
- 9.4.2. Aftermarket

Chapter 10. Global Connected Car Market, Regional Analysis

10.1. Connected Car Market, Regional Market Snapshot
10.2. North America Connected Car Market
- 10.2.1. U.S. Connected Car Market
  - 10.2.1.1. Technology breakdown estimates & forecasts, 2019-2029
  - 10.2.1.2. Connectivity Solutions breakdown estimates & forecasts, 2019-2029
  - 10.2.1.3. Service breakdown estimates & forecasts, 2019-2029
  - 10.2.1.4. End Market breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Connected Car Market
10.3. Europe Connected Car Market Snapshot
- 10.3.1. U.K. Connected Car Market
- 10.3.2. Germany Connected Car Market
- 10.3.3. France Connected Car Market
- 10.3.4. Spain Connected Car Market
- 10.3.5. Italy Connected Car Market
- 10.3.6. Rest of Europe Connected Car Market
10.4. Asia-Pacific Connected Car Market Snapshot
- 10.4.1. China Connected Car Market
- 10.4.2. India Connected Car Market
- 10.4.3. Japan Connected Car Market
- 10.4.4. Australia Connected Car Market
- 10.4.5. South Korea Connected Car Market
- 10.4.6. Rest of Asia Pacific Connected Car Market
10.5. Latin America Connected Car Market Snapshot
- 10.5.1. Brazil Connected Car Market
- 10.5.2. Mexico Connected Car Market
- 10.5.3. Rest of Latin America Connected Car Market
10.6. Rest of The World Connected Car Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies
11.2. Company Profiles
- 11.2.1. Harman International
  - 11.2.1.1. Key Information
  - 11.2.1.2. Overview
  - 11.2.1.3. Financial (Subject to Data Availability)
  - 11.2.1.4. Product Summary
  - 11.2.1.5. Recent Developments
- 11.2.2. Continental AG
- 11.2.3. AT&T
- 11.2.4. Robert Bosch GmbH
- 11.2.5. Daimler AG
- 11.2.6. Audi
- 11.2.7. TomTom Inc.
- 11.2.8. General Motors
- 11.2.9. Ford Motor Company
- 11.2.10. Hyundai Motor Group

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Connected Car Market, report scope
TABLE 2. Global Connected Car Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Connected Car Market estimates & forecasts by Technology 2019-2029 (USD Billion)
TABLE 4. Global Connected Car Market estimates & forecasts by Connectivity Solutions 2019-2029 (USD Billion)
TABLE 5. Global Connected Car Market estimates & forecasts by Service 2019-2029 (USD Billion)
TABLE 6. Global Connected Car Market estimates & forecasts by End Market 2019-2029 (USD Billion)
TABLE 7. Global Connected Car Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Connected Car Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Connected Car Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Connected Car Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Connected Car Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Connected Car Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Connected Car Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Connected Car Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Connected Car Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global Connected Car Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Connected Car Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. U.S. Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Connected Car Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. Canada Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. Canada Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Connected Car Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. UK Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. UK Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Connected Car Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. Germany Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. Germany Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Connected Car Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. France Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. France Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Connected Car Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Italy Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Italy Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Connected Car Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. Spain Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. Spain Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Connected Car Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. RoE Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. RoE Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Connected Car Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. China Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. China Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Connected Car Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. India Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. India Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Connected Car Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. Japan Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. Japan Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Connected Car Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. South Korea Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. South Korea Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Connected Car Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. Australia Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. Australia Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Connected Car Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. RoAPAC Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. RoAPAC Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Connected Car Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Brazil Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Brazil Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Connected Car Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. Mexico Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. Mexico Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Connected Car Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. RoLA Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. RoLA Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Connected Car Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 69. Row Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. Row Connected Car Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Connected Car Market
TABLE 72. List of primary sources, used in the study of global Connected Car Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Connected Car Market, research methodology
FIG 2. Global Connected Car Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Connected Car Market, key trends 2021
FIG 5. Global Connected Car Market, growth prospects 2022-2029
FIG 6. Global Connected Car Market, porters 5 force model
FIG 7. Global Connected Car Market, pest analysis
FIG 8. Global Connected Car Market, value chain analysis
FIG 9. Global Connected Car Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Connected Car Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Connected Car Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Connected Car Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Connected Car Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Connected Car Market, regional snapshot 2019 & 2029
FIG 15. North America Connected Car Market 2019 & 2029 (USD Billion)
FIG 16. Europe Connected Car Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Connected Car Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Connected Car Market 2019 & 2029 (USD Billion)
FIG 19. Global Connected Car Market, company Market share analysis (2021)