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Connected Car Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

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Connected cars services like remote diagnosis, route navigation, infotainment, usage-based insurance and autonomous driving are a by-product of Big data and high-speed internet connectivity. Advanced automatic electronics technology is soon becoming
Connected Car Market Global Trends, Market Share, Industry Size, Growth,
Opportunities, and Market Forecast 2019 to 2026
Connected cars services like remote diagnosis, route navigation, infotainment, usagebased insurance and autonomous driving are a by-product of Big data and highspeed internet connectivity. Advanced automatic electronics technology is soon
becoming a norm in the cars for speed monitoring, real-time communication,
enhanced road safety and comfort while on the drive. Other devices based on
Internet of Things(IoT) are augmenting further telematics and automotive digital
tools improvements. Increase in regulatory norms for road safety, trending
preferences for connectivity solutions, the comfort of vehicle diagnosis contributes
to other factors fuelling the growth of connected car market.
The global connected car market is estimated to value over US $215 billion by 2026
end, registering a boosted CAGR of 13.4% during 2019-2026.
Global Connected Car Market Restraints
• Lack of investments for advanced data analytics and AI algorithms
• High cost involved in connected car hardware
• Rising data theft and vulnerability of connected cars hacking threat
• Ubiquitous availability of uninterrupted high-speed connectivity
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Global Connected Car Market, by Technology
+ 3G
+ 4G/LTE
+ 5G
Global Connected Car Market, by Connectivity Solutions
+ Integrated
+ Embedded
+ Tethered
The advent of broadband connectivity on mobile devices opened the tremendous
potential for integrated connectivity solutions using human-machine interface in
cars. Integrated connectivity solution is anticipated to occupy half of the market
segmentation amongst both embedded and tethered segment during the forecast
period. Embedded connectivity solution is forecasted to soon map the CAGR of the
integrated connectivity solutions segment in succeeding years.
Global Connected Car Market, Service
+ Driver Assistance
+ Safety and Security
+ Well-being
+ Entertainment
+ Mobility Management
+ Vehicle Management
Global Connected Car Market, End Market
+ OEM
+ Aftermarket
Global Connected Car Market, by Region
+ North America
+ Latin America
+ Europe
+ Asia Pacific
+ Rest of the World
Based on the market maturity north America leads the overall global connected car
market with premier revenue generation. A surge in the deployment of connected
cars in the APAC region, particularly in China, is estimated to attribute the market
expansion at an impressive CAGR.
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Competitive Landscape:
+ Tier 1 players- established companies in the market with a major market share
+ Tier 2 players
+ Emerging players which are growing rapidly
+ New Entrants
FutureWise Key Takeaways:
+ Growth prospects
+ SWOT analysis
+ Key trends
+ Key data-points affecting market growth
Objectives of the Study:
+ To provide an exhaustive analysis of the global connected cars market on the basis
of technology, connectivity solutions, service, end market, and regions
+ To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
+ To evaluate and forecast micro-markets and the overall market
+ To predict the market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America, and the Middle East
+ To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
+ Profiling of companies to evaluate their market shares, strategies, financials and
core competencies
Table of Contents
Introduction
Report description
Key benefits for stakeholders
Key market segments
Research methodology
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Primary research
Secondary research
EXECUTIVE SUMMARY
MARKET OVERVIEW
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Market definition and scope
Key findings
Market share analysis (2019)
Market dynamics
Drivers
Restraints
Opportunities
Connected Car Market, By Technology
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Overview
3G
Market analysis by country
4G/LTE
5G
Connected Car Market, By Connectivity Solutions
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Overview
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Integrated
Embedded
Tethered
Connected Car Market, By Services
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Overview
Driver assistance
Safety
Entertainment
Well-being
Vehicle management
Mobility management
Connected Car Market, By End Market
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Overview
OEM
Aftermarket
Connected Car Market, By Region
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Overview
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Market size and forecast, by technology
LAMEA
Company Profiles
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AT&T Inc
Audi AG
BMW Group
Daimler AG (Mercedes-Benz)
Ford Motor Company
Samsung Electronics Co. Ltd. (Harman International Industries, Inc.)
Telefonica, S.A.
TomTom International N.V.
Verizon Communications Inc.
Vodafone Group Plc
Inquire further details about this report at: [email protected]
About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and
customised solutions for our clients. Through in-depth market insights and
consultancy, we present our clients with the tools they need to be at the forefront of
their industry – a position secured for far more than the near future.
Contact Us:
Company Name: FutureWise Research
Contact Person: Vinay Thaploo
Email: [email protected]
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
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