Connected Car Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027

Connected Car Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027

The Global Connected Car Market registered around USD 67.39 billion in 2021 and is estimated to reach USD 149.49 billion by 2027, registering a CAGR of 13.28%. Cars can now communicate seamlessly with other vehicles and infrastructure with technologies called vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I). The usage of artificial intelligence (AI) technology, which enables smarter interactions between the driver and the vehicle, has increased, which has led to the sector expanding. Owing to the technology's extensive variety of sophisticated features, such as voice recognition, gesture recognition, driver monitoring, virtual assistance, and Natural Language Understanding (NLU) customers can experience fully autonomous driving.

Moreover, it is expected that the market for connected cars would develop as in-car entertainment becomes more popular. The "CarPlay" software is marketed and distributed by Apple, Inc. It connects to the vehicle's controls, such as the knobs, buttons, and touchpad, and offers Siri-enabled functions, such as voice control, message reading, answering, and sending, as well as call making.

Vehicles with 5G connectivity

The adoption of 5G technology is a significant milestone in the connected automobile business. Everything, including machines, devices, and objects, will be connected through the fifth generation (5G) of wireless mobile networks. By facilitating data sharing between vehicles on subjects such as speed, position, and previous road conditions, 5G linked cars are revolutionizing the automotive business. The vehicle interface is the vehicle HMI (human machine interface). Automotive HMIs provide significantly more natural interactions between drivers, passengers, and their cars. For the purpose of advancing connected technologies, major industry participants are concentrating on creating connected vehicles with 5G connectivity. For instance, General Motors, a US-based automaker, intends to introduce 5G connection vehicles for Chinese consumers in 2022.

Advanced Driver-Assistance Systems (ADAS)

The market for connected automobiles is seeing an increase in demand for better driver aid technology. Electronic passive and active safety systems known as advanced driver-assistance technologies (ADAS) help drivers by lowering the likelihood of human error. Its available applications include blind-spot detection, automated emergency braking, lane departure warning, and traffic sign recognition. The leading companies of the market are introducing the most cutting-edge driver support systems for fully automated vehicles such as connected cars. For instance, the next-generation ADAS platform for electric and highly autonomous vehicles was introduced in January 2021 by the technology company Aptiv PLC with headquarters in the USA. On this platform, complicated operations are streamlined while system costs are reduced owing to software-defined intelligent systems.

Integration of AI Technology

The market for connected cars is seeing a significant uptick in the use of AI technologies. Artificial intelligence technology is the term for a human-created, computer-processed simulation of human intelligence. Artificial intelligence (AI) uses deep learning and control operations to mimic human decision-making processes. Deep learning refers to tracking and automatically adopting a user's lifestyle behavior over time. As a result, better driving and safety analyses are provided\ and it also aids in tracking car parts and notifying when they need maintenance. To improve connected car operating systems, major participants in the market are concentrating on developing linked cars with AI technology. For instance, Hyundai Motor Group, a South Korean automaker, introduced NVIDIA DRIVETM in-vehicle entertainment system linked car platform upgraded with AI user experience in November 2020. It automatically archives the users' favorite shows and suggests comparable shows in the same genre.

Security And Safety Concern

The major concern now a days is data being secured or not. Connected and digitized vehicle increases the risk of cyber-attack. When the car is connected, the possibility of hackers gaining external control increases. On the other hand, safety concerns also raise some questions. Vehicle travel is much safer when it is controlled by the Artificial Intelligence and Internet of Things because humans can make errors, but machine algorithms cannot.

Market Segmentation

The Global Connected Car Market is segmented based on technology type, connectivity, communication, service, region, and company. Based on technology type, the market is segmented into 3G,4G, and 5G. Based on connectivity type, the market is further segmented into embedded, tethered, and integrated. On the basis of communication, the market is segmented into vehicle to vehicle, vehicle to infrastructure, vehicle to cloud, vehicle to pedestrian, and vehicle to everything. Based on service, it is divided into driving assistance, connected safety, well-being, vehicle management, intersection assistance, emergency braking, and others, by region, and by company.

Company Profiles

The key players in the market include Apple Inc., AT&T Inc., Ford Motor Company, General Motors Company, BMW Group, Google Inc., Audi AG, Delphi Automotive PLC, NXP Semiconductors N.V, Car Force. These players are investing in innovation and manufacturing that will meet the customer requirement and be able to beat their competition with the uniqueness of their product. Additionally, advanced strategic moves, such as mergers and collaborations, also benefit key players by increasing their customer base and expanding their sales and distribution networks in the global connected car market.

Report Scope:

In this report, Global Connected Car Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Connected Car Market, By Technology Type:
  • 4G
  • 5G
  • 3G
  • Global Connected Car Market, By Connectivity Type:
  • Embedded
  • Tethered
  • Integrated
  • Global Connected Car Market, By Communication Type:
  • Vehicle to Vehicle
  • Vehicle to Pedestrian
  • Vehicle to Cloud
  • Vehicle to Infrastructure
  • Vehicle to Everything
  • Global Connected Car Market, By Service Type:
  • Driving Assistance
  • Well-Being
  • Vehicle Management
  • Emergency Braking
  • Connected Safety
  • Intersection Assistance
  • Global Connected Car Market, By Region:
  • Asia-Pacific
  • Europe
  • North America
  • South America
  • Middle East and Africa
  • Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Global Connected Car Market.

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights


1. Product Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on Global Connected Car Market
5. Voice of Customer
5.1. Factors Influencing Purchase Decision
5.2. Brand Recall
5.3. Brand Switching
5.4. Brand Satisfaction Level
6. Global Connected Car Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Technology Type (3G, 4G, 5G)
6.2.2. By Connectivity (Embedded, Tethered, Integrated)
6.2.3. By Communication (Vehicle To Vehicle, Vehicle To Infrastructure, Vehicle To Cloud, Vehicle to Pedestrian, Vehicle to Everything)
6.2.4. By Service (Driving Assistance, Connected Safety, Well-Being, Vehicle Management, Intersection Assistance, Emergency Braking, Others)
6.2.5. By Region
6.2.6. By Company (2021)
6.3. Market Map (By Technology Type, By Connectivity, By Communication, By Service, By Region)
7. APAC Connected Car Market Outlook
7.1. Market Size & Forecast
7.1.1. By Volume and Value
7.2. Market Share & Forecast
7.2.1. By Technology Type
7.2.2. By Connectivity
7.2.3. By Communication
7.2.4. By Service
7.2.5. By Country
7.3. Market Map (By Technology Type, By Connectivity, By Communication, By Service, By Country)
7.4. China Connected Car Market Outlook
7.4.1. Market Size & Forecast
7.4.1.1. By Value
7.4.2. Market Share & Forecast
7.4.2.1. By Technology Type
7.4.2.2. By Connectivity
7.4.2.3. By Communication
7.4.2.4. By Service
7.5. Japan Connected Car Market Outlook
7.5.1. Market Size & Forecast
7.5.1.1. By Value
7.5.2. Market Share & Forecast
7.5.2.1. By Technology Type
7.5.2.2. By Connectivity
7.5.2.3. By Communication
7.5.2.4. By Service
7.6. India Connected Car Market Outlook
7.6.1. Market Size & Forecast
7.6.1.1. By Value
7.6.2. Market Share & Forecast
7.6.2.1. By Technology Type
7.6.2.2. By Connectivity
7.6.2.3. By Communication
7.6.2.4. By Service
7.7. South Korea Connected Car Market Outlook
7.7.1. Market Size & Forecast
7.7.1.1. By Value
7.7.2. Market Share & Forecast
7.7.2.1. By Technology Type
7.7.2.2. By Connectivity
7.7.2.3. By Communication
7.7.2.4. By Service
7.8. Indonesia Connected Car Market Outlook
7.8.1. Market Size & Forecast
7.8.1.1. By Value
7.8.2. Market Share & Forecast
7.8.2.1. By Technology Type
7.8.2.2. By Connectivity
7.8.2.3. By Communication
7.8.2.4. By Service
7.9. Thailand Connected Car Market Outlook
7.9.1. Market Size & Forecast
7.9.1.1. By Value
7.9.2. Market Share & Forecast
7.9.2.1. By Technology Type
7.9.2.2. By Connectivity
7.9.2.3. By Communication
7.9.2.4. By Service
7.10. Malaysia Connected Car Market Outlook
7.10.1. Market Size & Forecast
7.10.1.1. By Value
7.10.2. Market Share & Forecast
7.10.2.1. By Technology Type
7.10.2.2. By Connectivity
7.10.2.3. By Communication
7.10.2.4. By Service
7.11. Vietnam Connected Car Market Outlook
7.11.1. Market Size & Forecast
7.11.1.1. By Value
7.11.2. Market Share & Forecast
7.11.2.1. By Technology Type
7.11.2.2. By Connectivity
7.11.2.3. By Communication
7.11.2.4. By Service
8. Europe Connected Car Market Outlook
8.1. Market Size & Forecast
8.1.1. By Volume and Value
8.2. Market Share & Forecast
8.2.1. By Technology Type
8.2.2. By Connectivity
8.2.3. By Communication
8.2.4. By Service
8.2.5. By Country
8.3. Market Map (By Technology Type, By Connectivity, By Communication, By Service, By Country)
8.4. Germany Connected Car Market Outlook
8.4.1. Market Size & Forecast
8.4.1.1. By Value
8.4.2. Market Share & Forecast
8.4.2.1. By Technology Type
8.4.2.2. By Connectivity
8.4.2.3. By Communication
8.4.2.4. By Service
8.5. Spain Connected Car Market Outlook
8.5.1. Market Size & Forecast
8.5.1.1. By Value
8.5.2. Market Share & Forecast
8.5.2.1. By Technology Type
8.5.2.2. By Connectivity
8.5.2.3. By Communication
8.5.2.4. By Service
8.6. Russia Connected Car Market Outlook
8.6.1. Market Size & Forecast
8.6.1.1. By Value
8.6.2. Market Share & Forecast
8.6.2.1. By Technology Type
8.6.2.2. By Connectivity
8.6.2.3. By Communication
8.6.2.4. By Service
8.7. France Connected Car Market Outlook
8.7.1. Market Size & Forecast
8.7.1.1. By Value
8.7.2. Market Share & Forecast
8.7.2.1. By Technology Type
8.7.2.2. By Connectivity
8.7.2.3. By Communication
8.7.2.4. By Service
8.8. United Kingdom Connected Car Market Outlook
8.8.1. Market Size & Forecast
8.8.1.1. By Value
8.8.2. Market Share & Forecast
8.8.2.1. By Technology Type
8.8.2.2. By Connectivity
8.8.2.3. By Communication
8.8.2.4. By Service
8.9. Slovakia Connected Car Market Outlook
8.9.1. Market Size & Forecast
8.9.1.1. By Value
8.9.2. Market Share & Forecast
8.9.2.1. By Technology Type
8.9.2.2. By Connectivity
8.9.2.3. By Communication
8.9.2.4. By Service
8.10. Italy Connected Car Market Outlook
8.10.1. Market Size & Forecast
8.10.1.1. By Value
8.10.2. Market Share & Forecast
8.10.2.1. By Technology Type
8.10.2.2. By Connectivity
8.10.2.3. By Communication
8.10.2.4. By Service
9. North America Connected Car Market Outlook
9.1. Market Size & Forecast
9.1.1. By Volume and Value
9.2. Market Share & Forecast
9.2.1. By Technology Type
9.2.2. By Connectivity
9.2.3. By Communication
9.2.4. By Service
9.2.5. By Country
9.3. Market Map (By Technology Type, By Connectivity, By Communication, By Service, By Country)
9.4. United States Connected Car Market Outlook
9.4.1. Market Size & Forecast
9.4.1.1. By Value
9.4.2. Market Share & Forecast
9.4.2.1. By Technology Type
9.4.2.2. By Connectivity
9.4.2.3. By Communication
9.4.2.4. By Service
9.5. Mexico Connected Car Market Outlook
9.5.1. Market Size & Forecast
9.5.1.1. By Value
9.5.2. Market Share & Forecast
9.5.2.1. By Technology Type
9.5.2.2. By Connectivity
9.5.2.3. By Communication
9.5.2.4. By Service
9.6. Canada Connected Car Market Outlook
9.6.1. Market Size & Forecast
9.6.1.1. By Value
9.6.2. Market Share & Forecast
9.6.2.1. By Technology Type
9.6.2.2. By Connectivity
9.6.2.3. By Communication
9.6.2.4. By Service
10. Middle East and Africa Connected Car Market Outlook
10.1. Market Size & Forecast
10.1.1. By Volume and Value
10.2. Market Share & Forecast
10.2.1. By Technology Type
10.2.2. By Connectivity
10.2.3. By Communication
10.2.4. By Service
10.2.5. By Country
10.3. Market Map (By Technology Type, By Connectivity, By Communication, By Service, By Country)
10.4. Iran Connected Car Market Outlook
10.4.1. Market Size & Forecast
10.4.1.1. By Value
10.4.2. Market Share & Forecast
10.4.2.1. By Technology Type
10.4.2.2. By Connectivity
10.4.2.3. By Communication
10.4.2.4. By Service
10.5. Turkey Connected Car Market Outlook
10.5.1. Market Size & Forecast
10.5.1.1. By Value
10.5.2. Market Share & Forecast
10.5.2.1. By Technology Type
10.5.2.2. By Connectivity
10.5.2.3. By Communication
10.5.2.4. By Service
10.6. South Africa Connected Car Market Outlook
10.6.1. Market Size & Forecast
10.6.1.1. By Value
10.6.2. Market Share & Forecast
10.6.2.1. By Technology Type
10.6.2.2. By Connectivity
10.6.2.3. By Communication
10.6.2.4. By Service
10.7. Egypt Connected Car Market Outlook
10.7.1. Market Size & Forecast
10.7.1.1. By Value
10.7.2. Market Share & Forecast
10.7.2.1. By Technology Type
10.7.2.2. By Connectivity
10.7.2.3. By Communication
10.7.2.4. By Service
11. South America Connected Car Market Outlook
11.1. Market Size & Forecast
11.1.1. By Volume and Value
11.2. Market Share & Forecast
11.2.1. By Technology Type
11.2.2. By Connectivity
11.2.3. By Communication
11.2.4. By Service
11.2.5. By Country
11.3. Market Map (By Technology Type, By Connectivity, By Communication, By Service, By Country)
11.4. Brazil Connected Car Market Outlook
11.4.1. Market Size & Forecast
11.4.1.1. By Value
11.4.2. Market Share & Forecast
11.4.2.1. By Technology Type
11.4.2.2. By Connectivity
11.4.2.3. By Communication
11.4.2.4. By Service
11.5. Argentina Connected Car Market Outlook
11.5.1. Market Size & Forecast
11.5.1.1. By Value
11.5.2. Market Share & Forecast
11.5.2.1. By Technology Type
11.5.2.2. By Connectivity
11.5.2.3. By Communication
11.5.2.4. By Service
11.6. Colombia Connected Car Market Outlook
11.6.1. Market Size & Forecast
11.6.1.1. By Value
11.6.2. Market Share & Forecast
11.6.2.1. By Technology Type
11.6.2.2. By Connectivity
11.6.2.3. By Communication
11.6.2.4. By Service
12. Market Dynamics
12.1. Market Drivers
12.2. Market Challenges
13. Market Trends and Developments
14. Competitive Landscape
14.1. Apple Inc.
14.2. AT&T Inc.
14.3. Ford Motor Company
14.4. General Motors Company
14.5. BMW Group
14.6. Google Inc
14.7. Audi AG
14.8. Delphi Automotive PLC
14.9. NXP Semiconductors N.V
14.10. Car Force
15. Strategic Recommendations
16. About Us & Disclaimer

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