The latest published market intelligence report by FutureWise titled 'Connected Car Market: Global Opportunity Analysis and Industry Forecast, 2019-2026', examines the global market in terms of Technology, Connectivity Solutions, Service, End Market, and Regions for the period 2019 to 2026.  

This market intelligence report offers a comprehensive assessment of global connected car market including, factors boosting market growth, market barriers, application areas, investment potential, case studies, value chain analysis, future roadmap, major market players profiles and strategies. The study further offers market size predictions from 2019 to 2026.

The global connected car market is estimated to value over US$ 215 billion by 2026 end, and recording a CAGR of 13.4% during the period of 2019-2026.

The demand for useful features, such as multimedia media streaming, navigation, and remote diagnostic, is a standard in every vehicle. Connected cars aid connectivity on wheels allowing convenience, performance, comfort, security and safety, with strong network technology. The driver is able to have a real-time conversation or check recent updates by connecting to various online platforms and tools. The growing need for continuous connectivity, increase in customer demand for connectivity solutions, mounting dependency on technology, and boom in the technology-savvy population are the major factors that are facilitating the increase in demand for connected cars globally. Manufacturers are constantly working on the development of advanced connectivity solutions for example - machine-to-machine (M2M) connectivity platforms to facilitate interconnectivity among two connected cars, consequently increasing the growth of the market.

Furthermore, the acceleration in the trend of connectivity solutions and convenience of vehicle diagnosis is anticipated to drive the market growth. Moreover, the need for security & safety will boost the market growth. Nonetheless, the high installation cost, the threat of data hacking and unavailability of constant & seamless connectivity in developing countries are the crucial factors that will limit the market growth. 


                                  Connected Car market


This study provides an in-depth evaluation of the market offered through sections such as :

Global Connected Car Market, by Technology

+ 3G
+ 4G/LTE
+ 5G

Global Connected Car Market, by Connectivity Solutions


Global Connected Car Market, Service 

Driver Assistance
Safety and Security 
Mobility Management
Vehicle Management

Global Connected Car Market, End Market


Global Connected Car Market, by Region 

North America 
Latin America 
Asia Pacific 
Rest of the World 

Companies Profiled:

AT&T Inc

Audi AG

BMW Group

Daimler AG  (Mercedes-Benz)

Ford Motor Company

Samsung Electronics Co. Ltd. (Harman International Industries, Inc.)

Telefonica, S.A.

TomTom International N.V.

Verizon Communications Inc.

Vodafone Group Plc


Competitive Landscape:   

Tier 1 players- established companies in the market with a major    market share 
Tier 2 players  
Emerging players which are growing rapidly  
New Entrants   

FutureWise Key Takeaways:  

Growth prospects 
SWOT analysis  
Key trends  
Key data-points affecting market growth  

Objectives of the Study:  

To provide an exhaustive analysis of the global connected cars market on the basis of technology, connectivity solutions, service, end market, and regions
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) 
To evaluate and forecast micro-markets and the overall market  
To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East 
To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions 
Profiling of companies to evaluate their market shares, strategies, financials and core competencies   


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What you get

  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included

  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics