Summary

Connected Car Market Size
The global connected car market size was valued at $40.27 billion in 2024 and is projected to reach $117.28 billion by 2030, growing at a CAGR of 19.5% during the forecast period.

Connected Car Market Overview
A connected car is a vehicle equipped with internet access and often a wireless local area network, allowing it to communicate with other devices both inside and outside the vehicle. This connectivity enables a range of advanced features such as real-time navigation, remote diagnostics, and enhanced safety measures. For instance, connected cars can receive updates about traffic conditions, weather, and road hazards, helping drivers make informed decisions. They can also communicate with other vehicles and infrastructure to improve traffic flow and reduce accidents. Additionally, connected cars often integrate with smartphones and other personal devices, offering seamless access to entertainment, navigation, and communication services, thereby enhancing the overall driving experience.

Connected Car Market Dynamics
• The connected car market is expected to witness significant growth in the future due to increasing demand for advanced safety features, growing adoption of internet of things (IoT) technology, and rising consumer demand for enhanced in-car connectivity and infotainment systems.
• Additionally, the government initiatives for intelligent transportation systems and advancements in automotive technology are the prominent factors driving the growth of the market.
• However, the high costs associated with connected car technology and concerns about data privacy are restraining the market growth.
• On the contrary, the expansion of 5G network infrastructure, development of smart cities and connected infrastructure, growing partnerships between automotive and technology companies, and the rising demand for electric and autonomous vehicles are creating opportunities for market growth.

By Transponder, the Onboard Unit Segment is anticipated to Hold Major Share in the Connected Car Market
The onboard unit segment is expected to dominate the market share during the forecast period. This OBU functions as the brain, facilitating communication among various vital systems. It gathers data from sensors across the vehicle, monitoring engine performance, tire pressure, and GPS location, and relays this information to a central server or cloud platform. This data enables essential features like remote diagnostics, emergency assistance, and stolen vehicle tracking. Beyond data collection, OBUs are the gateway to advanced connected car functionalities, providing real-time traffic updates, weather alerts, and in-car Wi-Fi hotspots for continuous connectivity. Additionally, OBUs are critical in Advanced Driver-Assistance Systems (ADAS), such as automatic emergency braking and lane departure warnings, by processing sensor data in real-time.
• For instance, Tesla's Autopilot system utilizes OBUs to interpret camera and radar data, allowing precise control of steering and braking to enhance safety by avoiding collisions and maintaining lane integrity. This highlights the pivotal role OBUs play in driving technological advancements for safer journeys.

By Geography, Asia Pacific is expected to grow at a highest CAGR during the forecast period
Asia Pacific is anticipated to experience the highest compound annual growth rate during the forecast period due to the region's strong automotive industry, particularly in countries like China, Japan, and South Korea. Government initiatives promoting smart city projects and intelligent transportation systems further bolster the market, as they emphasize the need for enhanced connectivity and integration in urban mobility solutions. Furthermore, the widespread adoption of smartphones and the Internet of Things (IoT) technology in the Asia Pacific region drives consumer expectations for seamless connectivity and innovative features in their vehicles. This combination of economic growth, technological advancement, and supportive government policies creates a fertile ground for the connected car market to flourish in the Asia Pacific region.
• For instance, China, the world's largest automotive market, is experiencing a surge in connected car adoption. Companies like Geely and BYD are incorporating advanced connectivity features to meet consumer demands.

Key Target Audience:
• Automakers (OEMs)
• Technology and Software Providers
• Telecom and Network Operators
• Government and Regulatory Bodies
• Consumers and Vehicle Owners
• Insurance Companies
• Fleet Management Companies
• Automotive Component Suppliers
• Smart Infrastructure Developers
• Research and Development Organizations

List of the Key Players Profiled in the Report Includes:
• Airbiquity
• AT&T
• Audi
• Cloudmade
• Continental AG
• Ford Motor Company
• Harman International
• Intellias
• Qualcomm Technologies, Inc
• Robert Bosch GmbH
• Sierra Wireless
• Tesla
• TomTom International BV.

Recent Developments:
• In February 2024, Harman International launched the HARMAN Ready Connect 5G Telematics Control Unit (TCU), a significant advancement in automotive connectivity leveraging Qualcomm Technologies' Snapdragon Digital Chassis. This 5G-enabled TCU is designed to deliver rich in-cabin experiences for consumers while reducing time to market and engineering efforts for automakers. It offers features such as enhanced traffic notifications, car-to-environment communication, and improved connected mobility experiences focused on entertainment, productivity, and situational awareness. The future-proof solution provides modular hardware upgradability and scalable software architecture to maximize reuse across product variants. This launch highlights the collaboration between Harman and Qualcomm to revolutionize automotive connectivity.
• In February 2024, Continental introduced a new digital tool for checking truck tires, called ContiConnect Lite. This tool bridges tire sensors and tire management, offering an accessible gateway to selected ContiConnect features via smartphone. It allows fleets and truck drivers to access tire data, manage up to five vehicles, and receive alerts for tire conditions, enhancing safety, reducing breakdowns and maintenance costs, and improving fuel efficiency. ContiConnect Lite is especially beneficial for smaller fleets using intelligent tires or Generation II sensors, requiring no additional hardware and providing convenience through the ContiConnect On-Site app, available on both iOS and Android.

Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Vehicle Type:
• Battery Electric Vehicle (BEV)
• Plug-In Hybrid Electric Vehicle (PHEV)
• Fuel Cell Electric Vehicle (FCEV)

Market by, Network:
• Cellular
• Dedicated Short-Range Communications (DSRC)

Market by, Service:
• Auto Parking/Connected Parking
• Autopilot
• Ecall & SOS Assistance
• Home Integration
• Multimedia Streaming
• Navigation
• On-Road Assistance
• OTA Updates
• Remote Diagnostics
• Remote Operation
• Social Media & Other Apps
• Stolen Vehicle Recovery/Warning

Market by, Form Type:
• Embedded
• Integrated

Market by, Transponder:
• Roadside Unit
• Onboard Unit

Market by, Hardware:
• Central Gateway
• Electronic Control Unit
• Head Unit
• Intelligent Antenna
• Keyless Entry System
• Sensor
• Telematics Control Unit

Market by, Sales Channel:
• Original Equipment Manufacturer (OEM)
• Aftermarket

Market by, Geography:
The connected car market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:
• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis

Scope of the Report:
The report “Global Connected Car Market: Industry Analysis, Opportunities and Forecast up to 2030” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2022, 2023 and offers revenue estimations for 2024, and project forecasts spanning from 2025 to 2030. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

The report offers insights into the following aspects:
• Analysis of major market trends, factors driving, restraining, threatening, and providing opportunities for the market.
• Analysis of the market structure by identifying various segments and sub-segments of the market.
• Understand the revenue forecast of the market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
• Analysis of opportunities by identification of high-growth segments/revenue pockets in the market.
• Understand major player profiles in the market and analyze their business strategies.
• Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the market.

ページTOPに戻る

Table of Contents

1 Market Introduction
1.1 Market Definition
1.2 Research Scope and Segmentation
1.3 Stakeholders
1.4 List of Abbreviations

2 Executive Summary

3 Research Methodology
3.1 Identification of Data
3.2 Data Analysis
3.3 Verification
3.4 Data Sources
3.5 Assumptions

4 Market Dynamics
4.1 Market Drivers
4.2 Market Restraints
4.3 Market Opportunities
4.4 Market Challenges

5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market

6 Global Connected Car Market by, Vehicle Type
6.1 Overview
6.2 Battery Electric Vehicle (BEV)
6.3 Plug-In Hybrid Electric Vehicle (PHEV)
6.4 Fuel Cell Electric Vehicle (FCEV)

7 Global Connected Car Market by, Network
7.1 Overview
7.2 Cellular
7.2.1 4G
7.2.2 5G
7.3 Dedicated Short-Range Communications (DSRC)

8 Global Connected Car Market by, Service
8.1 Overview
8.2 Auto Parking/Connected Parking
8.3 Autopilot
8.4 Ecall & SOS Assistance
8.5 Home Integration
8.6 Multimedia Streaming
8.7 Navigation
8.8 On-Road Assistance
8.9 OTA Updates
8.10 Remote Diagnostics
8.11 Remote Operation
8.12 Social Media & Other Apps
8.13 Stolen Vehicle Recovery/Warning

9 Global Connected Car Market by, Form Type
9.1 Overview
9.2 Embedded
9.3 Integrated

10 Global Connected Car Market by, Transponder
10.1 Overview
10.2 Roadside Unit
10.3 Onboard Unit

11 Global Connected Car Market by, Hardware
11.1 Overview
11.2 Central Gateway
11.3 Electronic Control Unit
11.4 Head Unit
11.5 Intelligent Antenna
11.6 Keyless Entry System
11.7 Sensor
11.8 Telematics Control Unit

12 Global Connected Car Market by, Sales Channel
12.1 Overview
12.2 Original Equipment Manufacturer (OEM)
12.3 Aftermarket

13 Global Connected Car Market by, Geography
13.1 Overview
13.2 North America
13.2.1 US
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 France
13.3.3 UK
13.3.4 Italy
13.3.5 Spain
13.3.6 Rest of Europe
13.4 Asia Pacific
13.4.1 China
13.4.2 Japan
13.4.3 India
13.4.4 South Korea
13.4.5 Australia
13.4.6 New Zealand
13.4.7 Rest of Asia Pacific
13.5 South America
13.5.1 Brazil
13.5.2 Argentina
13.5.3 Chile
13.5.4 Rest of South America
13.6 Middle East & Africa
13.6.1 UAE
13.6.2 Saudi Arabia
13.6.3 Qatar
13.6.4 Iran
13.6.5 South Africa
13.6.6 Rest of Middle East & Africa

14 Key Developments

15 Company Profiling
15.1 Airbiquity
15.1.1 Business Overview
15.1.2 Product/Service Offering
15.1.3 Financial Overview
15.1.4 SWOT Analysis
15.1.5 Key Activities
15.2 AT&T
15.3 Audi
15.4 Cloudmade
15.5 Continental AG
15.6 Ford Motor Company
15.7 Harman International
15.8 Intellias
15.9 Qualcomm Technologies, Inc
15.10 Robert Bosch GmbH
15.11 Sierra Wireless
15.12 Tesla
15.13 TomTom International BV.