Connected Car Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type
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Introduction
Connected cars, equipped with IoT and telematics for real-time data and connectivity, enhance safety, navigation, and entertainment. The market is driven by rising smart vehicle sales, with 50 million connected cars sold globally in 2023, and consumer demand for advanced features. Innovations in 5G, AI, and V2X communication fuel growth. The global connected car market is projected to reach USD 10.0–15.0 billion in 2025, with a CAGR of 9%–14% through 2030.
Regional Analysis
North America: The U.S. leads with high consumer demand for smart features, while Canada focuses on safety systems.
Europe: Germany and the UK drive demand due to advanced automotive industries and regulations.
Asia Pacific: China and Japan grow with connected car production, while India emphasizes affordable solutions.
Rest of the World: Brazil and the Middle East expand through luxury vehicle markets.
Application Analysis
OEM: Expected growth of 9.2%–14.2%, driven by factory-installed systems. Trends focus on 5G integration.
Aftermarket: Projected growth of 8.8%–13.8%, with demand for retrofitted connectivity solutions.
Type Analysis
Integrated: Expected growth of 9.3%–14.3%, valued for seamless user experience. Trends emphasize infotainment.
Embedded: Projected growth of 9.0%–14.0%, driven by regulatory mandates like eCall.
Tethered: Growth of 8.8%–13.8%, used for cost-effective connectivity via smartphones.
Key Market Players
Leading firms include ALE, offering telematics; Apple Inc., focusing on infotainment; Continental AG, specializing in V2X; AT&T Intellectual Property, BMW AG, Geotab, Ford Motor Company, AUDI AG, Aptiv, General Motors, Google LLC, and NXP Semiconductors, innovating in AI and 5G solutions.
Porter’s Five Forces Analysis
Threat of New Entrants: Moderate, due to high R&D costs, though tech firms can disrupt.
Threat of Substitutes: Low, as connected features are integral to modern vehicles.
Bargaining Power of Buyers: Moderate, with automakers seeking advanced, cost-effective systems.
Bargaining Power of Suppliers: Low, due to multiple tech providers.
Competitive Rivalry: High, with competition on connectivity, AI, and cost.
Market Opportunities and Challenges
Opportunities:
Rising connected car sales (50 million units) and 5G adoption drive demand.
Regulatory mandates and Asia’s automotive growth enhance sales.
Challenges:
High integration costs and cybersecurity concerns limit scalability.
Regulatory variations pose hurdles.
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Connected Car Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Historical and Forecast Connected Car Market in North America (2020-2030)
8.1 Connected Car Market Size
8.2 Connected Car Market by End Use
8.3 Competition by Players/Suppliers
8.4 Connected Car Market Size by Type
8.5 Key Countries Analysis
8.5.1 United States
8.5.2 Canada
8.5.3 Mexico
Chapter 9 Historical and Forecast Connected Car Market in South America (2020-2030)
9.1 Connected Car Market Size
9.2 Connected Car Market by End Use
9.3 Competition by Players/Suppliers
9.4 Connected Car Market Size by Type
9.5 Key Countries Analysis
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Peru
Chapter 10 Historical and Forecast Connected Car Market in Asia & Pacific (2020-2030)
10.1 Connected Car Market Size
10.2 Connected Car Market by End Use
10.3 Competition by Players/Suppliers
10.4 Connected Car Market Size by Type
10.5 Key Countries Analysis
10.5.1 China
10.5.2 India
10.5.3 Japan
10.5.4 South Korea
10.5.5 Southest Asia
10.5.6 Australia
Chapter 11 Historical and Forecast Connected Car Market in Europe (2020-2030)
11.1 Connected Car Market Size
11.2 Connected Car Market by End Use
11.3 Competition by Players/Suppliers
11.4 Connected Car Market Size by Type
11.5 Key Countries Analysis
11.5.1 Germany
11.5.2 France
11.5.3 United Kingdom
11.5.4 Italy
11.5.5 Spain
11.5.6 Belgium
11.5.7 Netherlands
11.5.8 Austria
11.5.9 Poland
11.5.10 Russia
Chapter 12 Historical and Forecast Connected Car Market in MEA (2020-2030)
12.1 Connected Car Market Size
12.2 Connected Car Market by End Use
12.3 Competition by Players/Suppliers
12.4 Connected Car Market Size by Type
12.5 Key Countries Analysis
12.5.1 Egypt
12.5.2 Israel
12.5.3 South Africa
12.5.4 Gulf Cooperation Council Countries
12.5.5 Turkey
Chapter 13 Summary For Global Connected Car Market (2020-2025)
13.1 Connected Car Market Size
13.2 Connected Car Market by End Use
13.3 Competition by Players/Suppliers
13.4 Connected Car Market Size by Type
Chapter 14 Global Connected Car Market Forecast (2025-2030)
14.1 Connected Car Market Size Forecast
14.2 Connected Car Application Forecast
14.3 Competition by Players/Suppliers
14.4 Connected Car Type Forecast
Chapter 15 Analysis of Global Key Vendors
15.1 ALE
15.1.1 Company Profile
15.1.2 Main Business and Connected Car Information
15.1.3 SWOT Analysis of ALE
15.1.4 ALE Connected Car Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Apple Inc.
15.2.1 Company Profile
15.2.2 Main Business and Connected Car Information
15.2.3 SWOT Analysis of Apple Inc.
15.2.4 Apple Inc. Connected Car Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 Continental AG
15.3.1 Company Profile
15.3.2 Main Business and Connected Car Information
15.3.3 SWOT Analysis of Continental AG
15.3.4 Continental AG Connected Car Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 AT&T Intellectual Property
15.4.1 Company Profile
15.4.2 Main Business and Connected Car Information
15.4.3 SWOT Analysis of AT&T Intellectual Property
15.4.4 AT&T Intellectual Property Connected Car Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 BMW AG
15.5.1 Company Profile
15.5.2 Main Business and Connected Car Information
15.5.3 SWOT Analysis of BMW AG
15.5.4 BMW AG Connected Car Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 Geotab
15.6.1 Company Profile
15.6.2 Main Business and Connected Car Information
15.6.3 SWOT Analysis of Geotab
15.6.4 Geotab Connected Car Sales, Revenue, Price and Gross Margin (2020-2025)
15.7 Ford Motor Company
15.7.1 Company Profile
15.7.2 Main Business and Connected Car Information
15.7.3 SWOT Analysis of Ford Motor Company
15.7.4 Ford Motor Company Connected Car Sales, Revenue, Price and Gross Margin (2020-2025)
15.8 AUDI AG
15.8.1 Company Profile
15.8.2 Main Business and Connected Car Information
15.8.3 SWOT Analysis of AUDI AG
15.8.4 AUDI AG Connected Car Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Research Scope Of Connected Car Report
Table Data Sources Of Connected Car Report
Table Major Assumptions Of Connected Car Report
Table Connected Car Classification
Table Connected Car Applications
Table Drivers Of Connected Car Market
Table Restraints Of Connected Car Market
Table Opportunities Of Connected Car Market
Table Threats Of Connected Car Market
Table Raw Materials Suppliers
Table Different Production Methods Of Connected Car
Table Cost Structure Analysis Of Connected Car
Table Key End Users
Table Latest News Of Connected Car Market
Table Merger And Acquisition
Table Planned/Future Project Of Connected Car Market
Table Policy Of Connected Car Market
Table 2020-2030 North America Connected Car Market Size
Table 2020-2030 North America Connected Car Market Size By Application
Table 2020-2025 North America Connected Car Key Players Revenue
Table 2020-2025 North America Connected Car Key Players Market Share
Table 2020-2030 North America Connected Car Market Size By Type
Table 2020-2030 United States Connected Car Market Size
Table 2020-2030 Canada Connected Car Market Size
Table 2020-2030 Mexico Connected Car Market Size
Table 2020-2030 South America Connected Car Market Size
Table 2020-2030 South America Connected Car Market Size By Application
Table 2020-2025 South America Connected Car Key Players Revenue
Table 2020-2025 South America Connected Car Key Players Market Share
Table 2020-2030 South America Connected Car Market Size By Type
Table 2020-2030 Brazil Connected Car Market Size
Table 2020-2030 Argentina Connected Car Market Size
Table 2020-2030 Chile Connected Car Market Size
Table 2020-2030 Peru Connected Car Market Size
Table 2020-2030 Asia & Pacific Connected Car Market Size
Table 2020-2030 Asia & Pacific Connected Car Market Size By Application
Table 2020-2025 Asia & Pacific Connected Car Key Players Revenue
Table 2020-2025 Asia & Pacific Connected Car Key Players Market Share
Table 2020-2030 Asia & Pacific Connected Car Market Size By Type
Table 2020-2030 China Connected Car Market Size
Table 2020-2030 India Connected Car Market Size
Table 2020-2030 Japan Connected Car Market Size
Table 2020-2030 South Korea Connected Car Market Size
Table 2020-2030 Southeast Asia Connected Car Market Size
Table 2020-2030 Australia Connected Car Market Size
Table 2020-2030 Europe Connected Car Market Size
Table 2020-2030 Europe Connected Car Market Size By Application
Table 2020-2025 Europe Connected Car Key Players Revenue
Table 2020-2025 Europe Connected Car Key Players Market Share
Table 2020-2030 Europe Connected Car Market Size By Type
Table 2020-2030 Germany Connected Car Market Size
Table 2020-2030 France Connected Car Market Size
Table 2020-2030 United Kingdom Connected Car Market Size
Table 2020-2030 Italy Connected Car Market Size
Table 2020-2030 Spain Connected Car Market Size
Table 2020-2030 Belgium Connected Car Market Size
Table 2020-2030 Netherlands Connected Car Market Size
Table 2020-2030 Austria Connected Car Market Size
Table 2020-2030 Poland Connected Car Market Size
Table 2020-2030 Russia Connected Car Market Size
Table 2020-2030 Mea Connected Car Market Size
Table 2020-2030 Mea Connected Car Market Size By Application
Table 2020-2025 Mea Connected Car Key Players Revenue
Table 2020-2025 Mea Connected Car Key Players Market Share
Table 2020-2030 Mea Connected Car Market Size By Type
Table 2020-2030 Egypt Connected Car Market Size
Table 2020-2030 Israel Connected Car Market Size
Table 2020-2030 South Africa Connected Car Market Size
Table 2020-2030 Gulf Cooperation Council Countries Connected Car Market Size
Table 2020-2030 Turkey Connected Car Market Size
Table 2020-2025 Global Connected Car Market Size By Region
Table 2020-2025 Global Connected Car Market Size Share By Region
Table 2020-2025 Global Connected Car Market Size By Application
Table 2020-2025 Global Connected Car Market Share By Application
Table 2020-2025 Global Connected Car Key Vendors Revenue
Table 2020-2025 Global Connected Car Key Vendors Market Share
Table 2020-2025 Global Connected Car Market Size By Type
Table 2020-2025 Global Connected Car Market Share By Type
Table 2025-2030 Global Connected Car Market Size By Region
Table 2025-2030 Global Connected Car Market Size Share By Region
Table 2025-2030 Global Connected Car Market Size By Application
Table 2025-2030 Global Connected Car Market Share By Application
Table 2025-2030 Global Connected Car Key Vendors Revenue
Table 2025-2030 Global Connected Car Key Vendors Market Share
Table 2025-2030 Global Connected Car Market Size By Type
Table 2025-2030 Connected Car Global Market Share By Type
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Connected Car Picture
Figure 2020-2030 North America Connected Car Market Size And Cagr
Figure 2020-2030 South America Connected Car Market Size And Cagr
Figure 2020-2030 Asia & Pacific Connected Car Market Size And Cagr
Figure 2020-2030 Europe Connected Car Market Size And Cagr
Figure 2020-2030 Mea Connected Car Market Size And Cagr
Figure 2020-2025 Global Connected Car Market Size And Growth Rate
Figure 2025-2030 Global Connected Car Market Size And Growth Rate
Research Methodology
- Market Estimated Methodology:
Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.
1)Top-down & Bottom-up Approach
Top-down approach uses a general market size figure and determines the percentage that the objective market represents.
Bottom-up approach size the objective market by collecting the sub-segment information.
2)Supply & Demand Approach
Supply approach is based on assessments of the size of each competitor supplying the objective market.
Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.
- Forecasting Methodology
- Numerous factors impacting the market trend are considered for forecast model:
- New technology and application in the future;
- New project planned/under contraction;
- Global and regional underlying economic growth;
- Threatens of substitute products;
- Industry expert opinion;
- Policy and Society implication.
- Analysis Tools
1)PEST Analysis
PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.
- Benefits of a PEST analysis:
- It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
- It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
- It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
- It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.
2)Porter’s Five Force Model Analysis
The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.
- Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
- Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
- Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
- Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
- Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.
3)Value Chain Analysis
Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.
4)SWOT Analysis
SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.
- Strengths describe what the player excels at and separates it from the competition
- Weaknesses stop the player from performing at its optimum level.
- Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
- Threats refer to factors that have the potential to harm the player.
- Data Sources
Primary Sources | Secondary Sources |
---|---|
Face to face/Phone Interviews with market participants, such as: Manufactures; Distributors; End-users; Experts. Online Survey |
Government/International Organization Data: Annual Report/Presentation/Fact Book Internet Source Information Industry Association Data Free/Purchased Database Market Research Report Book/Journal/News |