Connected Car Market - Global Forecast to 2025

Connected Car Market by Service (Connected Services, Safety & Security, and Autonomous Driving), Form (Embedded, Tethered, and Integrated), Network (DSRC, and Cellular), End Market, Transponder, Hardware, and Region - Global Forecast to 2025 Increase in industry compliance norms and government mandates supporting connected technology in passenger cars, and increase in demand for safer, more efficient, and convenient driving experience through connected services are the key drivers for the connected car market. PDF

Connected services segment is expected to hold the largest market share during the forecast period The new vehicle safety norms are encouraging automakers to secure vehicle data from remote hacking and malfunctioning, which in turn is increasing the demand for connected cars. On the other hand, customers are demanding more convenient features, such as navigation, remote diagnostic, multimedia media streaming, and auto pilot, as a standard in every vehicle.

ECU for connected cars is expected to be the largest segment by hardware from 2017 to 2025 The ECU segment is expected to hold the largest share in the hardware segment of the connected car market. The segment is projected to grow at a significant CAGR and is expected to remain the largest market during the forecast period. The growth of connected car ECU is driven by the increasing generation of data by various sensors and other hardware components. The consolidation of multiple ECUs into a single entity is going to be the major challenge for connected car ECU segment globally.

Asia Pacific is expected to be the largest market for connected cars during the forecast period The Asia Pacific region is projected to be the largest market for connected cars from 2017 to The market growth in the region can be attributed to various factors, such as increasing connected car devices in passenger cars, and increase in digital services such as cybersecurity and updates. Furthermore, strategic alliances between automotive and non-automotive companies, exceptional communication infrastructure, and government regulations for vehicle data security are expected to fuel the demand for connected cars.

Market Ecosystem: The ecosystem of the connected car market consists of manufacturers, such as Continental (Germany), Delphi (UK), Bosch (Germany), Denso (Japan), and Harman (US), and research institutes such as JAMA, EAMA, CAA, and KAMA.

Browse >> 118 market data tables 61 figures 174 pages and in-depth TOC on “Connected Car Market – Global Forecast to 2025” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

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