Connected Mobility Market Size, Trends, Analysis, and Outlook by Technology (Vehicle to Vehicle (V2V), Vehicle to Infrastructure (V2I), Vehicle to Network (V2N), Others), Connectivity (Integrated, Embedded), Application (Navigation, Telematics), Vehicle (Passenger Vehicle, Commercial Vehicle), End-User (OEM, Aftermarket), by Country, Segment, and Companies, 2024-2030
The global Connected Mobility market size is poised to register 17.98% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The study analyzes the global Connected Mobility market by Technology (Vehicle to Vehicle (V2V), Vehicle to Infrastructure (V2I), Vehicle to Network (V2N), Others), Connectivity (Integrated, Embedded), Application (Navigation, Telematics), Vehicle (Passenger Vehicle, Commercial Vehicle), End-User (OEM, Aftermarket).
The Connected Mobility Market is poised for significant evolution and expansion by 2030, driven by a convergence of technological advancements, urbanization trends, and changing consumer behaviors. As cities grapple with congestion, pollution, and transportation challenges, there's a growing interest in connected mobility solutions that offer seamless integration of various transportation modes, real-time data insights, and personalized mobility experiences. Trends such as the rise of electric and shared mobility services, the adoption of smart city initiatives, and advancements in connectivity technologies are reshaping the requirements for connected mobility, driving the need for solutions that provide efficient, sustainable, and inclusive transportation options. In addition, as governments worldwide implement regulations to promote sustainable mobility and reduce carbon emissions, there's a rising emphasis on connected mobility solutions that prioritize public transit integration, active transportation modes, and mobility-as-a-service (MaaS) platforms. Further, as consumers seek convenient and flexible transportation options, there's an increasing adoption of connected mobility services such as ride-hailing, bike-sharing, and micro-mobility solutions. With stakeholders across the transportation, technology, and urban planning sectors collaborating to create connected and sustainable mobility ecosystems, the Connected Mobility Market is poised for rapid growth and advancement, reshaping the future of urban transportation and mobility experiences..
Connected Mobility Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Connected Mobility market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Connected Mobility survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Connected Mobility industry.
Key market trends defining the global Connected Mobility demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.
Connected Mobility Market Segmentation- Industry Share, Market Size, and Outlook to 2030
The Connected Mobility industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Connected Mobility companies scaling up production in these sub-segments with a focus on expanding into emerging countries.
Key strategies adopted by companies within the Connected Mobility industry
Leading Connected Mobility companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Connected Mobility companies.
Connected Mobility Market Study- Strategic Analysis Review
The Connected Mobility market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
- Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
- Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
- Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
- Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Connected Mobility Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Connected Mobility industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.
Connected Mobility Country Analysis and Revenue Outlook to 2030
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.
North America Connected Mobility Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Connected Mobility market segments. Similarly, Strong end-user demand is encouraging Canadian Connected Mobility companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Connected Mobility market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.
Europe Connected Mobility Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Connected Mobility industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Connected Mobility market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.
Asia Pacific Connected Mobility Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Connected Mobility in Asia Pacific. In particular, China, India, and South East Asian Connected Mobility markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.
Latin America Connected Mobility Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.
Middle East and Africa Connected Mobility Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Connected Mobility market potential. Fueled by increasing consumption expenditure, growing population, and high demand across a few markets drives the demand for Connected Mobility.
Connected Mobility Market Company Profiles
The global Connected Mobility market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Aptiv PLC, Cisco Systems Inc, Denso Corp, Deutsche Telekom AG, HUBER+SUHNER AG, Microsoft Corp, Mitsubishi Motors Corp, Molex LLC, Nokia Networks Oy, NXP Semiconductors, Robert Bosch GmbH, Siemens AG, ZF Friedrichshafen AG.
Recent Connected Mobility Market Developments
The global Connected Mobility market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.
Connected Mobility Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
- Pricing Analysis
- Value Chain Analysis
- SWOT Profile
- Market Dynamics- Trends, Drivers, Challenges
- Porter’s Five Forces Analysis
- Macroeconomic Impact Analysis
- Case Scenarios- Low, Base, High
Market Segmentation:
Technology
Vehicle to Vehicle (V2V)
Vehicle to Infrastructure (V2I)
Vehicle to Network (V2N)
Others
Connectivity
Integrated
Embedded
Application
Navigation
Telematics
Vehicle
Passenger Vehicle
Commercial Vehicle
End-User
OEM
Aftermarket
Geographical Segmentation:
- North America (3 markets)
- Europe (6 markets)
- Asia Pacific (6 markets)
- Latin America (3 markets)
- Middle East Africa (5 markets)
Companies
Aptiv PLC
Cisco Systems Inc
Denso Corp
Deutsche Telekom AG
HUBER+SUHNER AG
Microsoft Corp
Mitsubishi Motors Corp
Molex LLC
Nokia Networks Oy
NXP Semiconductors
Robert Bosch GmbH
Siemens AG
ZF Friedrichshafen AG.
Formats Available: Excel, PDF, and PPT