Global Connected Car Market Report By Form Type (Embedded, Tethered, Integrated), By End Market (OEM, Aftermarket), By Application (Vehicle Management, Driver Assistance, Mobility Management, Safety, Entertainment, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027

ID:VMR11214765
April 2021
Report Formats:

Global Connected Car Market Overview
The key driver impacting the connected car market is technological proliferation and an increase in disposable incomes globally. Considerable advancement in telecommunication technology has presented the population with a high level of connectedness and give rise to vehicle telematics and infotainment technology to offer HD touch screens, varied applications, navigation tools, and high-speed internet on-the-go. The rising disposable income of consumers globally leads to increased demand for superior user comfort, safety, and convenience. For instance, the World Bank report estimations showed in 2014, net national income per capita was 8967.271 USD; it is enhanced to 8865.384 USD,9290.346 USD respectively in 2017 and 2018. Moreover, increased demand for ADAS features in cars contributes to market growth. For instance, Since 2004 EU mandates Anti-lock Braking System (ABS) for all new vehicles sold in the EU, and in 2014 Electronic Stability Control (ESC) became mandatory. Whereas with regards to volume, the market was calculated XX Thousand Units in 2020 and foreseen to grow with a CAGR of XX% during 2021-2027.

According to Value Market Research, the global connected car market size was valued at around USD 60 billion in 2020 and is estimated to grow at a CAGR of about 25% during the forecast period 2021 to 2027.


The rising government regulations towards mandating enhanced safety features in vehicles worldwide are estimated to augment connected car demand in the forecast period. For instance, Mandatory fitting of Advanced Emergency Braking Systems in commercial vehicles was executed on 1 November 2013 for new vehicle types in European Union. Similarly, In March 2016, the National Highway Traffic Safety Administration (NHTSA) and the Insurance Institute for Highway Safety declared 99% of U.S. automobile manufacturers agreed to involve automatic emergency braking systems (ABS) as standard on virtually all new cars sold in the U.S. by the year 2022. In India, an autonomous emergency braking system (AEB) could become mandatory on new vehicles by 2022. However, the absence of infrastructure for the proper functioning of connected cars and the risk of unauthorized access to multiple automobile applications may hamper the global connected car market in the long run. Also, the threat of unavailability of seamless internet connectivity globally is negatively impacting the market. The current industry trends, such as the growing popularity of automation in the automotive sector and the development of ride-sharing and mobility services, are expected to provide market players with new market opportunities.

The connected car market is vast, with many local and global players. The connected car market is extensive, with many local and international players. The key leaders follow different strategies to advance their market position, such as amalgamation, contracts, extending product portfolio, product upgrades, and acquisitions, to augment their market share across the globe. For instance, In September 2019, Continental introduced a CoSmA Solution, a digital door opener for Honda e. It is a smartphone-based access solution that allows Honda e owners to open their vehicles or can also share the key with others by using their smartphone. The significant players studied in the report are Alcatel Lucent, Apple Inc., AT&T Inc., Audi AG, BMW, Delphi Automotive, Ford Motor, General Motors Company, Google Inc., and NXP Semiconductors N.V.

 

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In this research report, the connected car market is segmented by form type, end market, application, and region.

Analysis by Form Type:

By form type, the report is segmented into embedded, tethered, integrated. The embedded form connectivity dominates the form type segment with a 30% share in 2020. It is due to factors such as rising government mandates, growth of cloud-based services, and cost optimization of service plans. Moreover, huge utilization of embedded connectivity solutions in the car by many connected car services as it is an essential element in a car, for example, eCall and remote diagnostics, thus creating more demands for Embedded form connectivity in the forecast period.

Analysis by End Market:

By end market, the report is segmented into OEM and aftermarket. The OEM dominate the end market segment with a 55% share in 2020. It is due to the expanding technological advancement such as uninterrupted connectivity, cybersecurity, and the development of driverless cars embedded with advanced software. Moreover, the increasing partnership with key players to develop cost-effective and high-quality components drives demands for the OEMs segment in the forecast period.

Analysis by Application:

By application, the report is categorized into vehicle management, driver assistance, mobility management, safety, entertainment, and others. The driver assistance segment dominates the application segment with a 30% share in 2020. It is due to the vast adoption of driver assistance technologies that help progress the actual performance of the vehicle. Moreover, the increase in the introduction of the parking assists and cruise control system across all car segments as it ensures driver convenience and comfort contribute to the driver assistance application segment's growth in the forecast period.

Analysis by Region:

In the regional outlook of the global connected car market, the Europe region dominates with over 25% market share during the forecast period. It is due to the presence of increased vehicle safety and security norms with high technology adoption among consumers. Moreover, the stringent government regulations that mandate the installation of eCall Systems and advanced telematics systems for safety and security purposes in all new vehicles across the European Union contribute to the growth of the market across Europe.

Market Segmentation covered in the Report:
By Form Type

  • Embedded
  • Tethered
  • Integrated

 By End Market

  • OEM
  • Aftermarket

By Application

  • Vehicle Management
  • Driver Assistance
  • Mobility Management
  • Safety
  • Entertainment
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 
METHODOLOGY

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. 

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . CONNECTED CAR – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Form Type
           3.7.2 By End Market
           3.7.3 By Application
           3.7.4 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL CONNECTED CAR MARKET ANALYSIS BY FORM TYPE
       6.1 Overview by Form Type
       6.2 Historical and Forecast Data
       6.3 Analysis by Form Type
       6.4 Embedded Market by Regions
       6.6 Tethered Market by Regions
       6.5 Integrated Market by Regions
 
7 . GLOBAL CONNECTED CAR MARKET ANALYSIS BY END MARKET
       7.1 Overview by End Market
       7.2 Historical and Forecast Data
       7.3 Analysis by End Market
       7.4 OEM Market by Regions
       7.5 Aftermarket Market by Regions
 
8 . GLOBAL CONNECTED CAR MARKET ANALYSIS BY APPLICATION
       8.1 Overview by Application
       8.2 Historical and Forecast Data
       8.3 Analysis by Application
       8.4 Vehicle Management Market by Regions
       8.5 Driver Assistance Market by Regions
       8.6 Mobility Management Market by Regions
       8.7 Safety Market by Regions
       8.8 Entertainment Market by Regions
       8.9 Others Market by Regions
 
9 . GLOBAL CONNECTED CAR MARKET ANALYSIS BY GEOGRAPHY
       9.1. Regional Outlook
       9.2. Introduction
       9.3. North America
           9.3.1. Overview, Historic and Forecast Data
           9.3.2. North America By Segment
           9.3.3. North America By Country
           9.3.4. United State
           9.3.5. Canada
           9.3.6. Mexico
       9.4. Europe
           9.4.1. Overview, Historic and Forecast Data
           9.4.2. Europe by Segment
           9.4.3. Europe by Country
           9.4.4. United Kingdom
           9.4.5. France
           9.4.6. Germany
           9.4.7. Italy
           9.4.8. Russia
           9.4.9. Rest Of Europe
       9.5. Asia Pacific
           9.5.1. Overview, Historic and Forecast Data
           9.5.2. Asia Pacific by Segment
           9.5.3. Asia Pacific by Country
           9.5.4. China
           9.5.5. India
           9.5.6. Japan
           9.5.7. South Korea
           9.5.8. Australia
           9.5.9. Rest Of Asia Pacific
       9.6. Latin America
           9.6.1. Overview, Historic and Forecast Data
           9.6.2. Latin America by Segment
           9.6.3. Latin America by Country
           9.6.4. Brazil
           9.6.5. Argentina
           9.6.6. Peru
           9.6.7. Chile
           9.6.8. Rest of Latin America
       9.7. Middle East & Africa
           9.7.1. Overview, Historic and Forecast Data
           9.7.2. Middle East & Africa by Segment
           9.7.3. Middle East & Africa by Country
           9.7.4. Saudi Arabia
           9.7.5. UAE
           9.7.6. Israel
           9.7.7. South Africa
           9.7.8. Rest Of Middle East And Africa
 
10 . COMPETITIVE LANDSCAPE OF THE CONNECTED CAR COMPANIES
       10.1. Connected Car Market Competition
       10.2. Partnership/Collaboration/Agreement
       10.3. Merger And Acquisitions
       10.4. New Product Launch
       10.5. Other Developments
 
11 . COMPANY PROFILES OF CONNECTED CAR INDUSTRY
       11.1. Company Share Analysis
       11.2. Market Concentration Rate
       11.3. Alcatel Lucent
           11.3.1. Company Overview
           11.3.2. Financials
           11.3.3. Products
           11.3.4. Recent Developments
       11.4. Apple Inc.
           11.4.1. Company Overview
           11.4.2. Financials
           11.4.3. Products
           11.4.4. Recent Developments
       11.5. AT&T Inc.
           11.5.1. Company Overview
           11.5.2. Financials
           11.5.3. Products
           11.5.4. Recent Developments
       11.6. Audi AG
           11.6.1. Company Overview
           11.6.2. Financials
           11.6.3. Products
           11.6.4. Recent Developments
       11.7. BMW
           11.7.1. Company Overview
           11.7.2. Financials
           11.7.3. Products
           11.7.4. Recent Developments
       11.8. Delphi Automotive
           11.8.1. Company Overview
           11.8.2. Financials
           11.8.3. Products
           11.8.4. Recent Developments
       11.9. Ford Motor
           11.9.1. Company Overview
           11.9.2. Financials
           11.9.3. Products
           11.9.4. Recent Developments
       11.10. General Motors Company
           11.10.1. Company Overview
           11.10.2. Financials
           11.10.3. Products
           11.10.4. Recent Developments
       11.11. Google Inc.
           11.11.1. Company Overview
           11.11.2. Financials
           11.11.3. Products
           11.11.4. Recent Developments
       11.12. NXP Semiconductors N.V.
           11.12.1. Company Overview
           11.12.2. Financials
           11.12.3. Products
           11.12.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
 LIST OF TABLES
 

  • Market Snapshot
  • Drivers : Impact Analysis
  • Restraints : Impact Analysis
  • List of Raw Material
  • List of Raw Material Manufactures
  • List of Potential Buyers
  • COVID-19 Impact Analysis by Production, Import, Export and Demand
  • Pre V/S Post COVID-19
  • Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  • COVID-19: Micro and Macro Factor Analysis
  • Analysis by Form Type (Thousand Units and USD MN)
  • Embedded Market by Geography (Thousand Units and USD MN)
  • Tethered Market by Geography (Thousand Units and USD MN)
  • Integrated Market by Geography (Thousand Units and USD MN)
  • Analysis Market by End Market (Thousand Units and USD MN)
  • OEM Market by Geography (Thousand Units and USD MN)
  • Aftermarket Market by Geography (Thousand Units and USD MN)
  • Analysis by Application (Thousand Units and USD MN)
  • Vehicle Management Market by Geography (Thousand Units and USD MN)
  • Driver Assistance Market by Geography (Thousand Units and USD MN)
  • Mobility Management Market by Geography (Thousand Units and USD MN)
  • Safety Market by Geography (Thousand Units and USD MN)
  • Entertainment Market by Geography (Thousand Units and USD MN)
  • Others Market by Geography (Thousand Units and USD MN)
  • Global Connected Car Market by Geography (Thousand Units and USD MN)
  • North America Market Analysis (Thousand Units and USD MN)
  • United State Market Analysis (Thousand Units and USD MN)
  • Canada Market Analysis (Thousand Units and USD MN)
  • Mexico Market Analysis (Thousand Units and USD MN)
  • Europe Market Analysis (Thousand Units and USD MN)
  • Europe Market Estimate by Country (Thousand Units and USD MN)
  • United Kingdom Market Analysis (Thousand Units and USD MN)
  • France Market Analysis (Thousand Units and USD MN)
  • Germany Market Analysis (Thousand Units and USD MN)
  • Italy Market Analysis (Thousand Units and USD MN)
  • Russia Market Analysis (Thousand Units and USD MN)
  • Spain Market Analysis (Thousand Units and USD MN)
  • Rest of Europe Market Analysis (Thousand Units and USD MN)
  • Asia Pacific Market Analysis (Thousand Units and USD MN)
  • China Market Analysis (Thousand Units and USD MN)
  • Japan Market Analysis (Thousand Units and USD MN)
  • India Market Analysis (Thousand Units and USD MN)
  • South Korea Market Analysis (Thousand Units and USD MN)
  • Australia Market Analysis (Thousand Units and USD MN)
  • Rest of Asia Pacific Market Analysis (Thousand Units and USD MN)
  • Latin America Market Analysis (Thousand Units and USD MN)
  • Brazil Market Analysis (Thousand Units and USD MN)
  • Argentina Market Analysis (Thousand Units and USD MN)
  • Peru Market Analysis (Thousand Units and USD MN)
  • Chile Market Analysis (Thousand Units and USD MN)
  • Rest of Latin America Market Analysis (Thousand Units and USD MN)
  • Middle East & Africa Market Analysis (Thousand Units and USD MN)
  • Saudi Arabia Market Analysis (Thousand Units and USD MN)
  • UAE Market Analysis (Thousand Units and USD MN)
  • Israel Market Analysis (Thousand Units and USD MN)
  • South Africa Market Analysis (Thousand Units and USD MN)
  • Rest of Middle East and Africa Market Analysis (Thousand Units and USD MN)
  • Partnership/Collaboration/Agreement
  • Mergers And Acquisiton

 
 LIST OF FIGURES
 

  • Research Scope of Connected Car Report
  • Market Research Process
  • Market Research Methodology
  • Global Connected Car Market Size, by Region (Thousand Units and USD MN)
  • Porters Five Forces Analysis
  • Market Attractiveness Analysis by Form Type
  • Market Attractiveness Analysis by End Market
  • Market Attractiveness Analysis by Application
  • Market Attractiveness Analysis by Region
  • Value Chain Analysis
  • Global Market Analysis by Form Type (Thousand Units and USD MN)
  • Embedded Market by Geography (Thousand Units and USD MN)
  • Tethered Market by Geography (Thousand Units and USD MN)
  • Integrated Market by Geography (Thousand Units and USD MN)
  • Global Market Analysis by End Market (Thousand Units and USD MN)
  • OEM Market by Geography (Thousand Units and USD MN)
  • Aftermarket Market by Geography (Thousand Units and USD MN)
  • Global Market Analysis by Application (Thousand Units and USD MN)
  • Vehicle Management Market by Geography (Thousand Units and USD MN)
  • Driver Assistance Market by Geography (Thousand Units and USD MN)
  • Mobility Management Market by Geography (Thousand Units and USD MN)
  • Safety Market by Geography (Thousand Units and USD MN)
  • Entertainment Market by Geography (Thousand Units and USD MN)
  • Others Market by Geography (Thousand Units and USD MN)
  • Global Market by Revenue
  • North America Market by Revenue
  • Europe Market by Revenue
  • Asia Pacific Market by Revenue
  • Latin America Market by Revenue
  • Middle East & Africa Market by Revenue
  • Recent Development in Industry
  • Company Market Share Analysis, 2020

 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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Objectives of Study

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  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
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  • Analyze competitive developments

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