Global Connected Car Solutions Market Growth (Status and Outlook) 2023-2029

Global Connected Car Solutions Market Growth (Status and Outlook) 2023-2029

A connected car is the one which is equipped with Internet access, and also with a wireless local area network (LAN). This allows the car to share internet access with other devices both inside as well as outside the vehicle and the car is also outfitted with some special technologies that tap into the internet or wireless LAN and supply additional benefits to the driver.

LPI (LP Information)' newest research report, the “Connected Car Solutions Industry Forecast” looks at past sales and reviews total world Connected Car Solutions sales in 2022, providing a comprehensive analysis by region and market sector of projected Connected Car Solutions sales for 2023 through 2029. With Connected Car Solutions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Connected Car Solutions industry.

This Insight Report provides a comprehensive analysis of the global Connected Car Solutions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Connected Car Solutions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Connected Car Solutions market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Connected Car Solutions and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Connected Car Solutions.

The global Connected Car Solutions market size is projected to grow from US$ 68990 million in 2022 to US$ 174660 million in 2029; it is expected to grow at a CAGR of 14.2% from 2023 to 2029.

The Asia-Pacific region recorded an outstanding growth and is expected to grow at a CAGR of more than 15% during the forecast period. In future, Asia-Pacific should be a prominent automobile market, owing to the rapidly increasing population, rising disposable incomes and a large presence of youth. North America and Eastern Europe are the two major markets for connected cars. But APAC (India and China) is expecting huge growth in the industrial and infrastructure sectors in the coming years.

This report presents a comprehensive overview, market shares, and growth opportunities of Connected Car Solutions market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
V2V
V2I
V2P

Segmentation by application
BEV
HEV
PHEV
FCV

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Alcatel-Lucent
At&T Inc.
General Motors
Google, Inc
NXP Semiconductors
Apple, Inc.
Audi AG

Please note: The report will take approximately 2 business days to prepare and deliver.