Connected Car Market – Global Forecast to 2030
The connected car market is estimated to grow from USD 12.4 billion in 2024 to USD 26.4 billion by 2030, at a CAGR of 13.3%.
コネクテッドカー市場は、2024 年の 124 億ドルから 2030 年までに 264 億ドルまで、CAGR 13.3% で成長すると推定されています。
The global connected car market is primarily driven by the increasing demand for advanced safety features, enhanced user convenience, and seamless connectivity solutions. The rapid development of network infrastructure in key markets like China and India facilitates the integration of cutting-edge technology in vehicles. New car buyers are showing a strong preference for connected features, which is driving the market towards more innovative and tech-savvy solutions. The widespread adoption of smartphones and the decreasing cost of data plans make connected car technologies more accessible to a broader consumer base. Furthermore, the growing sales of electric and autonomous vehicles are fueling the demand for connected car technologies, shaping the future of automotive connectivity on a global scale.
The report provides insights on the following pointers:
• Analysis of critical drivers (Regulations mandating advanced features for enhanced user comfort, safety, and convenience; continuous developments in connected car technology and growing collaborations between OEMs and software & hardware providers; reduction in fuel consumption; increasing adoption of telematics and usage-based insurance; surge in premium vehicle demand), restraints (Lack of infrastructure for proper functioning of connected cars), opportunities (Emergence of various technologies, such as 5G and AI; developments in autonomous vehicles; developments of ride-sharing and mobility services), and challenges (Cybersecurity) influencing the growth of the connected car market.
• Product Development/Innovation: Detailed insights on upcoming technologies and new products launched in the connected car market.
• Market Development: Comprehensive market information – the report analyses the authentication and brand protection market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the connected car market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Continental AG (Germany), Robert Bosch GmbH (Germany), Harman International (US), Visteon (US), and Airbiquity Inc (US). among others, in the connected car market.