Market Overview

Global Connected Vehicle Market Analysis & Forecasts 2018-2023, With an Expected CAGR of 14% - ResearchAndMarkets.com

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The "Global
Connected Vehicle Market (2018-2023)"
report has been added to ResearchAndMarkets.com's
offering.

The global connected vehicle market is expected to grow from USD 42.1 Bn
in 2015 to USD 122.51 Bn by 2023, expanding at a CAGR of 14%.

The global connected passenger car market is expected to reach USD 75.67
Bn by 2023, expanding at a CAGR of 11% (2018-2023), and the global
connected truck market is expected to reach USD 46.84 Bn by 2023,
expanding at a CAGR of 13% (2018-2023).

The connected vehicle ecosystem is evolving in which global connected
car manufacturers and automotive OEMs are developing various connected
solutions. On the basis of connectivity, demand for embedded solutions,
tethered solutions, and integrated solutions for connected passenger
cars has increased over the years.

Technology agreements and plat forming are the key initiates adopted by
the OEMs to gain market share. Many new application areas are emerging,
namely usage-based insurance, vehicle diagnostics, and vehicle security,
OTA update (over-the-air update) which are increasing efficiency for
consumers and helping manufacturers achieve productivity gains. OEMs are
bundling connected services like advanced infotainment systems and
navigation features for low end models to potentially enhance the market
growth and remain competitive.

Autonomous vehicles are no more a thing of the future with various
sensors (LIDAR, RADAR) and processors located in the vehicle, which
provide real time information and facilitate an autonomous driving
experience. Ride sharing companies are investing heavily and also
facilitate strategic collaborations to upgrade their traditional
vehicles to all-electric vehicles.

Companies Mentioned

  • Airbiquity Inc
  • Aptiv PLC
  • Autoliv
  • Continental AG
  • Denso
  • NXP Semiconductors
  • Robert Bosch GmbH
  • TomTom
  • WirelessCar

Key Topics Covered:

Chapter 1: Executive summary

Chapter 2: Global connected passenger car- market overview

Chapter 3: North America connected passenger car- market overview

Chapter 4: Europe connected passenger car- market overview

Chapter 5: Asia-Pacific connected passenger car- market overview

Chapter 6: Latin America connected passenger car- market overview

Chapter 7: Middle East and Africa connected passenger car- market
overview

Chapter 8: Connected passenger car services- value proposition

Chapter 9: Global connected truck- market overview

Chapter 10: North America connected truck- market overview

Chapter 11: Europe connected truck- market overview

Chapter 12: Asia-Pacific connected truck- market overview

Chapter 13: Latin America connected truck- market overview

Chapter 14: Middle East and Africa connected truck- market overview

Chapter 15: Modular strategy and potential analysis- global truck market

Chapter 16: Companies profiled

Chapter 17: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/2dqqmh/global_connected?w=4

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