Connected Car Market - Forecasts from 2019 to 2024
The connected car market is projected to witness a CAGR of 23.19% during the forecast period to reach a total market size of US$150.059 billion by 2024, increasing from US$42.935 billion in 2018. Growing demand for technologically advanced and safe automobile solutions is expected to drive the market for connected cars during the forecast period. In addition, one of the greatest benefits of connected car technology is that it helps in reducing the carbon footprint by tracking and automatic diagnostics of the vehicle. Increasing investment by big market players in the market to increase the market share is further anticipated to propel the market growth opportunities in the coming years. However, high cost and unavailability of infrastructure in various developing economies are anticipated to hinder the market growth opportunities for vendors and manufactures. Geographically Europe is expected to hold a significant share in the market on account of early adoption of technology and increasing adoption of AI technologies in the automotive sector.
The Global Connected Cars Market – Forecasts from 2019 to 2024 is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by service, application, end-market, and geography.
The global connected cars market has been segmented based on service, application, end-market and geography. By services, the market is segmented as driver assistance, safety, vehicle, and mobility management among others. By application, the market is segmented as safety, telematics, infotainment, and navigation. By end-market, the market is segmented as OEM and aftermarket.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and the Asia Pacific. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major industry players profiled as part of the report are Land Rover Limited, HARMAN International, Verizon, Daimler AG, and AT&T among others.
Segmentation
The Global Connected Cars Market – Forecasts from 2019 to 2024 is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by service, application, end-market, and geography.
The global connected cars market has been segmented based on service, application, end-market and geography. By services, the market is segmented as driver assistance, safety, vehicle, and mobility management among others. By application, the market is segmented as safety, telematics, infotainment, and navigation. By end-market, the market is segmented as OEM and aftermarket.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and the Asia Pacific. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major industry players profiled as part of the report are Land Rover Limited, HARMAN International, Verizon, Daimler AG, and AT&T among others.
Segmentation
- By Service
- Driver assistance
- Safety
- Vehicle and mobility management
- Others
- By Application
- Safety
- Telematics
- Infotainment
- Navigation
- By Geography
- North America
- U.S.
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- UK
- Germany
- France
- Spain
- Others
- Middle East and Africa
- UAE
- Turkey
- Others
- Asia-Pacific
- Japan
- China
- India
- Australia
- Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, And Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. CONNECTED CARS MARKET FORECAST AND TRENDS BY SERVICE
5.1. Driver assistance
5.2. Safety
5.3. Vehicle and mobility management
5.4. Others
6. CONNECTED CARS MARKET FORECAST AND TRENDS BY APPLICATION
6.1. Safety
6.2. Telematics
6.3. Infotainment
6.4. Navigation
7. CONNECTED CARS MARKET FORECAST AND TRENDS BY END-MARKET
7.1. OEM
7.2. Aftermarket
8. NORTH AMERICA CONNECTED CARS MARKET FORECAST AND TRENDS
8.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
8.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
8.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
8.4. By Country
8.4.1. United States
8.4.1.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
8.4.1.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
8.4.1.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
8.4.2. Canada
8.4.2.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
8.4.2.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
8.4.2.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
8.4.3. Mexico
8.4.3.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
8.4.3.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
8.4.3.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
9. SOUTH AMERICA CONNECTED CARS MARKET FORECAST AND TRENDS
9.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
9.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
9.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
9.4. By Country
9.4.1. Brazil
9.4.1.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
9.4.1.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
9.4.1.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
9.4.2. Argentina
9.4.2.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
9.4.2.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
9.4.2.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
9.4.3. Others (US$ Million)(Units)
10. EUROPE CONNECTED CARS MARKET FORECAST AND TRENDS
10.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
10.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
10.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
10.4. By Country
10.4.1. Germany
10.4.1.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
10.4.1.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
10.4.1.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
10.4.2. France
10.4.2.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
10.4.2.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
10.4.2.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
10.4.3. United Kingdom
10.4.3.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
10.4.3.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
10.4.3.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
10.4.4. Spain
10.4.4.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
10.4.4.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
10.4.4.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
10.4.5. Others (US$ Million)(Units)
11. MIDDLE EAST AND AFRICA CONNECTED CARS MARKET FORECAST AND TRENDS
11.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
11.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
11.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
11.4. By Country
11.4.1. UAE
11.4.1.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
11.4.1.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
11.4.1.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
11.4.2. Turkey
11.4.2.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
11.4.2.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
11.4.2.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
11.4.3. Others (US$ Million)(Units)
12. ASIA PACIFIC CONNECTED CARS MARKET FORECAST AND TRENDS
12.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
12.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
12.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
12.4. By Country
12.4.1. China
12.4.1.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
12.4.1.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
12.4.1.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
12.4.2. Japan
12.4.2.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
12.4.2.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
12.4.2.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
12.4.3. India
12.4.3.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
12.4.3.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
12.4.3.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
12.4.4. Australia
12.4.4.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
12.4.4.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
12.4.4.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
12.4.5. Others (US$ Million)(Units)
13. COMPETITIVE INTELLIGENCE
13.1. Competitive Benchmarking and Analysis
13.2. Strategies of Key Players
13.3. Recent Investments and Deals
14. COMPANY PROFILES
14.1. Land Rover Limited
14.2. HARMAN International
14.3. Verizon
14.4. Daimler AG
14.5. AT&T
14.6. Vodafone Group
14.7. Telef?nica S.A
14.8. BMW AG
14.9. Audi of America
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, And Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. CONNECTED CARS MARKET FORECAST AND TRENDS BY SERVICE
5.1. Driver assistance
5.2. Safety
5.3. Vehicle and mobility management
5.4. Others
6. CONNECTED CARS MARKET FORECAST AND TRENDS BY APPLICATION
6.1. Safety
6.2. Telematics
6.3. Infotainment
6.4. Navigation
7. CONNECTED CARS MARKET FORECAST AND TRENDS BY END-MARKET
7.1. OEM
7.2. Aftermarket
8. NORTH AMERICA CONNECTED CARS MARKET FORECAST AND TRENDS
8.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
8.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
8.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
8.4. By Country
8.4.1. United States
8.4.1.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
8.4.1.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
8.4.1.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
8.4.2. Canada
8.4.2.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
8.4.2.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
8.4.2.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
8.4.3. Mexico
8.4.3.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
8.4.3.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
8.4.3.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
9. SOUTH AMERICA CONNECTED CARS MARKET FORECAST AND TRENDS
9.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
9.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
9.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
9.4. By Country
9.4.1. Brazil
9.4.1.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
9.4.1.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
9.4.1.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
9.4.2. Argentina
9.4.2.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
9.4.2.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
9.4.2.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
9.4.3. Others (US$ Million)(Units)
10. EUROPE CONNECTED CARS MARKET FORECAST AND TRENDS
10.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
10.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
10.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
10.4. By Country
10.4.1. Germany
10.4.1.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
10.4.1.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
10.4.1.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
10.4.2. France
10.4.2.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
10.4.2.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
10.4.2.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
10.4.3. United Kingdom
10.4.3.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
10.4.3.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
10.4.3.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
10.4.4. Spain
10.4.4.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
10.4.4.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
10.4.4.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
10.4.5. Others (US$ Million)(Units)
11. MIDDLE EAST AND AFRICA CONNECTED CARS MARKET FORECAST AND TRENDS
11.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
11.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
11.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
11.4. By Country
11.4.1. UAE
11.4.1.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
11.4.1.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
11.4.1.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
11.4.2. Turkey
11.4.2.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
11.4.2.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
11.4.2.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
11.4.3. Others (US$ Million)(Units)
12. ASIA PACIFIC CONNECTED CARS MARKET FORECAST AND TRENDS
12.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
12.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
12.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
12.4. By Country
12.4.1. China
12.4.1.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
12.4.1.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
12.4.1.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
12.4.2. Japan
12.4.2.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
12.4.2.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
12.4.2.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
12.4.3. India
12.4.3.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
12.4.3.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
12.4.3.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
12.4.4. Australia
12.4.4.1. Market Size and Forecast, By Services, 2018 to 2024 (US$ Million)
12.4.4.2. Market Size and Forecast, By Application, 2018 to 2024 (US$ Million)
12.4.4.3. Market Size and Forecast, By End-Market, 2018 to 2024 (US$ Million)(Units)
12.4.5. Others (US$ Million)(Units)
13. COMPETITIVE INTELLIGENCE
13.1. Competitive Benchmarking and Analysis
13.2. Strategies of Key Players
13.3. Recent Investments and Deals
14. COMPANY PROFILES
14.1. Land Rover Limited
14.2. HARMAN International
14.3. Verizon
14.4. Daimler AG
14.5. AT&T
14.6. Vodafone Group
14.7. Telef?nica S.A
14.8. BMW AG
14.9. Audi of America