PUBLISHER: Frost & Sullivan | PRODUCT CODE: 2084037
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 2084037
This Frost & Sullivan Global Connected Vehicle Market Growth Outlook examines the key strategies, growth drivers, and challenges shaping the future of mobility. The move toward software-defined systems and over-the-air (OTA) updates is becoming more important than hardware. There is also growing demand for seamless connectivity in autonomous vehicles and more use of AI-driven personalization. Key challenges include cybersecurity risks, varying regulations across regions, and the difficulty of integrating legacy hardware. The report identifies growth opportunities for OEMs, Tier I suppliers, and software providers, particularly through subscription-based OTA updates, data analytics, and ecosystem partnerships.
The analysis reviews how various OEM groups collaborate and develop their connectivity systems. It highlights partnerships with cloud providers, telecom companies, and AI platform developers to create more dynamic, user-focused mobility solutions. The report also tracks the progress of software-defined vehicles (SDVs) and how they enable trends such as advanced autonomy, immersive in-cabin experiences, and vehicle-to-everything (V2X) communication.
The report emphasizes how OTA ecosystems and new software designs are changing what makes vehicles valuable. These changes help generate ongoing revenue and speed up the shift from hardware-focused to service-based business models. The analysis uses 2025 as the base year and includes connectivity forecasts from 2026 to 2032.