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The connected car market is forecasted to grow by USD 341.72 billion during 2023-2028, accelerating at a CAGR of 36.5% during the forecast period. The report on the connected car market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing internet penetration and its impact on the connected cars market, applications of blockchain technology in connected cars, and government regulations to increase in-vehicle safety and improvement in safety controls.
The connected car market is segmented as below:
By Connectivity
- Embedded solutions
- Integrated solutions
- Tethered solutions
By End-user
- OEM
- Aftermarket
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the connected car market covers the following areas:
- Connected car market sizing
- Connected car market forecast
- Connected car market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Connectivity
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global connected car market: Airbiquity Inc., Alps Alpine Co. Ltd., AT&T Inc., Bayerische Motoren Werke AG, BorgWarner Inc., DXC Technology Co., Ford Motor Co., Information Technologies Institute Intellias LLC, Mercedes Benz Group AG, NXP Semiconductors NV, Qualcomm Inc., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Schaeffler AG, Sierra Wireless Inc., Telefonica SA, Tesla Inc., Valeo SA, Volkswagen AG, and Zubie Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing number of vehicles launches featuring connected technologies."
According to the report, one of the major drivers for this market is the increasing internet penetration and its impact on the connected cars market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Airbiquity Inc.
- Alps Alpine Co. Ltd.
- AT&T Inc.
- Bayerische Motoren Werke AG
- BorgWarner Inc.
- DXC Technology Co.
- Ford Motor Co.
- Information Technologies Institute Intellias LLC
- Mercedes Benz Group AG
- NXP Semiconductors NV
- Qualcomm Inc.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Schaeffler AG
- Sierra Wireless Inc.
- Telefonica SA
- Tesla Inc.
- Valeo SA
- Volkswagen AG
- Zubie Inc.