Connected Cars Market Size, Share, Trends, Growth Outlook

Connected Cars Market is estimated to increase at a growth rate of 16.8% CAGR over the forecast period from 2024 to 2030.

The global Connected Cars Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By service (Navigation, Remote Diagnostics, Multimedia Streaming, Social Media, OTA Updates, On-Road Assistance, Others), By Hardware (Head Unit, Central Gateway, Intelligent Antenna, Electronic Control Unit, Telematic Control Unit, Keyless Entry Systems, Sensors), By Type (Embedded, Tethered, Integrated), By Transponder, Onboard unit, Roadside unit), By Network (DSRC, Cellular).

An Introduction to Global Connected Cars Market, 2024

The connected cars market in 2024 signifies the convergence of automotive and telecommunications technologies, enabling vehicles to communicate with each other, infrastructure, and external devices in real-time. Connected cars, equipped with embedded sensors, telematics systems, and wireless connectivity, offer a plethora of features and services aimed at enhancing safety, convenience, and infotainment for drivers and passengers. From vehicle diagnostics and remote monitoring to navigation assistance and entertainment streaming, connected cars leverage cloud-based platforms and internet connectivity to deliver a seamless and personalized driving experience. Moreover, the integration of advanced driver assistance systems (ADAS) and vehicle-to-everything (V2X) communication capabilities enhances road safety and enables cooperative driving scenarios, paving the way for autonomous vehicle deployment. As automakers and technology companies collaborate to develop innovative connected car solutions, the market is poised for exponential growth, reshaping the future of mobility and transportation ecosystems.

Connected Cars Competitive Landscape

The global Connected Cars market is highly competitive with a large number of companies focusing on niche market segments. Amidst intense competitive conditions, Connected Cars Companies are investing in new product launches and strengthening distribution channels. Key companies operating in the Connected Cars Market Industry include- Airbiquity Inc, AT&T Inc, Audi AG, CloudMade Services Ltd, Continental AG, Ford Motor Company, HARMAN International Industries Inc, Intellias Ltd, Qualcomm Inc, Robert Bosch GmbH, Sierra Wireless Inc, Tesla Inc, TomTom International B.V., Verizon Communications Inc, Visteon Corp.

Connected Cars Market Trend: Integration of Advanced Connectivity Features and Infotainment Systems

A prominent trend in the connected cars market is the integration of advanced connectivity features and infotainment systems. As consumers increasingly demand seamless connectivity and digital experiences in their vehicles, automotive manufacturers are incorporating advanced technologies such as internet connectivity, smartphone integration, and in-car entertainment systems. This trend towards connected cars not only enhances the driving experience but also opens up opportunities for new services such as remote vehicle diagnostics, over-the-air updates, and predictive maintenance. As connectivity becomes a standard feature in modern vehicles, the integration of advanced connectivity and infotainment systems continues to drive innovation and shape the connected cars market.

Connected Cars Market Driver: Rising Demand for Safety, Convenience, and Personalization in Vehicles

The driver for the connected cars market is the rising demand for safety, convenience, and personalization in vehicles. Consumers today expect their vehicles to offer not just transportation but also a suite of advanced features that enhance safety, improve convenience, and cater to individual preferences. Connected cars address these demands by providing features such as real-time navigation, emergency assistance, remote vehicle monitoring, and personalized entertainment options. As consumers prioritize connected features in their vehicle purchasing decisions, automotive manufacturers are investing in connected car technologies to meet these evolving preferences, driving market growth and innovation in the connected cars segment.

Connected Cars Market Opportunity: Expansion of Connected Car Services and Ecosystem Partnerships

An Market Opportunity for growth and development in the connected cars market lies in the expansion of connected car services and ecosystem partnerships. As connected cars become increasingly prevalent, there's a growing Market Opportunity to offer a wide range of connected services and applications that enhance the overall driving experience. This includes services such as vehicle-to-infrastructure (V2I) communication, predictive maintenance, in-car payments, and integration with smart home devices. Moreover, partnerships between automotive manufacturers, technology companies, and service providers can create synergies and unlock new revenue streams through the development of integrated connected car ecosystems. By leveraging partnerships and expanding the range of connected car services, stakeholders can capitalize on the growing demand for connected vehicles and drive further market growth and innovation in the connected cars market.

Connected Cars Market Segmentation

By service
Navigation
Remote Diagnostics
Multimedia Streaming
Social Media
OTA Updates
On-Road Assistance
Others
By Hardware
Head Unit
Central Gateway
Intelligent Antenna
Electronic Control Unit
Telematic Control Unit
Keyless Entry Systems
Sensors
By Type
Embedded
Tethered
Integrated
By Transponder
Onboard unit
Roadside unit
By Network
DSRC
CellularGeographical Analysis
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa

Connected Cars Companies

Airbiquity Inc
AT&T Inc
Audi AG
CloudMade Services Ltd
Continental AG
Ford Motor Company
HARMAN International Industries Inc
Intellias Ltd
Qualcomm Inc
Robert Bosch GmbH
Sierra Wireless Inc
Tesla Inc
TomTom International B.V.
Verizon Communications Inc
Visteon Corp
*- List not Exhaustive

TABLE OF CONTENTS

1 Introduction to 2024 Connected Cars Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Connected Cars Market Size Outlook, $ Million, 2021 to 2030
3.2 Connected Cars Market Outlook by Type, $ Million, 2021 to 2030
3.3 Connected Cars Market Outlook by Product, $ Million, 2021 to 2030
3.4 Connected Cars Market Outlook by Application, $ Million, 2021 to 2030
3.5 Connected Cars Market Outlook by Key Countries, $ Million, 2021 to 2030

4 Market Dynamics
4.1 Key Driving Forces of Connected Cars Industry
4.2 Key Market Trends in Connected Cars Industry
4.3 Potential Opportunities in Connected Cars Industry
4.4 Key Challenges in Connected Cars Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Connected Cars Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Connected Cars Market Outlook by Segments
7.1 Connected Cars Market Outlook by Segments, $ Million, 2021- 2030
By service
Navigation
Remote Diagnostics
Multimedia Streaming
Social Media
OTA Updates
On-Road Assistance
Others
By Hardware
Head Unit
Central Gateway
Intelligent Antenna
Electronic Control Unit
Telematic Control Unit
Keyless Entry Systems
Sensors
By Type
Embedded
Tethered
Integrated
By Transponder
Onboard unit
Roadside unit
By Network
DSRC
Cellular

8 North America Connected Cars Market Analysis and Outlook To 2030
8.1 Introduction to North America Connected Cars Markets in 2024
8.2 North America Connected Cars Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Connected Cars Market size Outlook by Segments, 2021-2030
By service
Navigation
Remote Diagnostics
Multimedia Streaming
Social Media
OTA Updates
On-Road Assistance
Others
By Hardware
Head Unit
Central Gateway
Intelligent Antenna
Electronic Control Unit
Telematic Control Unit
Keyless Entry Systems
Sensors
By Type
Embedded
Tethered
Integrated
By Transponder
Onboard unit
Roadside unit
By Network
DSRC
Cellular

9 Europe Connected Cars Market Analysis and Outlook To 2030
9.1 Introduction to Europe Connected Cars Markets in 2024
9.2 Europe Connected Cars Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Connected Cars Market Size Outlook by Segments, 2021-2030
By service
Navigation
Remote Diagnostics
Multimedia Streaming
Social Media
OTA Updates
On-Road Assistance
Others
By Hardware
Head Unit
Central Gateway
Intelligent Antenna
Electronic Control Unit
Telematic Control Unit
Keyless Entry Systems
Sensors
By Type
Embedded
Tethered
Integrated
By Transponder
Onboard unit
Roadside unit
By Network
DSRC
Cellular

10 Asia Pacific Connected Cars Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Connected Cars Markets in 2024
10.2 Asia Pacific Connected Cars Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Connected Cars Market size Outlook by Segments, 2021-2030
By service
Navigation
Remote Diagnostics
Multimedia Streaming
Social Media
OTA Updates
On-Road Assistance
Others
By Hardware
Head Unit
Central Gateway
Intelligent Antenna
Electronic Control Unit
Telematic Control Unit
Keyless Entry Systems
Sensors
By Type
Embedded
Tethered
Integrated
By Transponder
Onboard unit
Roadside unit
By Network
DSRC
Cellular

11 South America Connected Cars Market Analysis and Outlook To 2030
11.1 Introduction to South America Connected Cars Markets in 2024
11.2 South America Connected Cars Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Connected Cars Market size Outlook by Segments, 2021-2030
By service
Navigation
Remote Diagnostics
Multimedia Streaming
Social Media
OTA Updates
On-Road Assistance
Others
By Hardware
Head Unit
Central Gateway
Intelligent Antenna
Electronic Control Unit
Telematic Control Unit
Keyless Entry Systems
Sensors
By Type
Embedded
Tethered
Integrated
By Transponder
Onboard unit
Roadside unit
By Network
DSRC
Cellular

12 Middle East and Africa Connected Cars Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Connected Cars Markets in 2024
12.2 Middle East and Africa Connected Cars Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Connected Cars Market size Outlook by Segments, 2021-2030
By service
Navigation
Remote Diagnostics
Multimedia Streaming
Social Media
OTA Updates
On-Road Assistance
Others
By Hardware
Head Unit
Central Gateway
Intelligent Antenna
Electronic Control Unit
Telematic Control Unit
Keyless Entry Systems
Sensors
By Type
Embedded
Tethered
Integrated
By Transponder
Onboard unit
Roadside unit
By Network
DSRC
Cellular

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
Airbiquity Inc
AT&T Inc
Audi AG
CloudMade Services Ltd
Continental AG
Ford Motor Company
HARMAN International Industries Inc
Intellias Ltd
Qualcomm Inc
Robert Bosch GmbH
Sierra Wireless Inc
Tesla Inc
TomTom International B.V.
Verizon Communications Inc
Visteon Corp

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By service
Navigation
Remote Diagnostics
Multimedia Streaming
Social Media
OTA Updates
On-Road Assistance
Others
By Hardware
Head Unit
Central Gateway
Intelligent Antenna
Electronic Control Unit
Telematic Control Unit
Keyless Entry Systems
Sensors
By Type
Embedded
Tethered
Integrated
By Transponder
Onboard unit
Roadside unit
By Network
DSRC
Cellular