Global connected cars market will reach $373.4 billion by 2030, growing by a revised 2020-2030 CAGR of 18.8% by sales revenue and 11.2% by sales units driven by growing demand for improved driving experience, introduction of IoT in the automotive industry, surging concerns regarding safety and security, the growing research and development, and support from state and federal governments.
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In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global connected cars market in every aspect of the classification from perspectives of Component, Technology, Connectivity Solution, Type of Interaction, Communication Network, Function, Vehicle Type, End Use, and Region.
Based on Component
Connected Car Hardware
• Head Unit
• Central Gateway (CGW)
• Intelligent Antenna
• Electronic Control Unit (ECU)
• Telematic Control Unit (TCU)
• Keyless Entry Systems
• Sensors
Connected Car Software & Service
Based on Technology
• 2G/3G Connected Cars
• 4G/LTE Connected Cars
• 5G Connected Cars
Based on Connectivity Solution
• Integrated Solution
• Embedded Solution
• Tethered Solution
Based on Type of Interaction
• Vehicle-to-Vehicle(V2V)
• Vehicle-to-Infrastructure(V2I)
• Vehicle-to-Device(V2D)
• Vehicle-To-Cloud (V2C)
• Vehicle-to-Pedestrian (V2P)
• Other Types of Interaction
Based on Communication Network
• Cellular Communication
• Dedicated Short Range Communication (DSRC)
Based on Function
• Driver Assistance
• Safety And Security
• Entertainment
• Well-being
• Vehicle Management
• Mobility Management
• Parking Assistance
• Other Functions
Based on Vehicle Type
• Passenger Cars
• Commercial Vehicles
Based on End Use
• OEM
• Aftermarket
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Turkey, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2020-2030. The breakdown of all regional markets by country and split of key national markets by Connectivity Solution, Type of Interaction, and Function over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global connected cars market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players
Airbiquity Inc.
AT&T
Audi AG
BMW Group
CloudMade
Continental AG
Daimler AG
Delphi Technologies PLC
DENSO Corporation
Ford Motor Company
Intellias Ltd.
LUXOFT
Qualcomm Technologies, Inc.
Robert Bosch GmbH
Samsung Electronics
Sierra Wireless
Telefonica S.A.
Tesla
TomTom International
Verizon Communications
Vodafone Group Plc
ZUBIE, INC.
