{"product_id":"global-connected-car-market-size-study-forecast-by-technology-3g-4g-lte-5g-by-connectivity-solution-integrated-embedded-tethered-by-service-driver-assistance-safety-entertainment-well-being-others-by-end-market-original-equipment-manufac","title":"Global Connected Car Market Size study \u0026 Forecast, by Technology (3G, 4G\/LTE, 5G) By Connectivity Solution (Integrated, Embedded, Tethered) By Service (Driver assistance, Safety, Entertainment, Well-being, Others) By End Market (Original Equipment Manufac","description":"\u003cp\u003eGlobal Connected Car Market Size study \u0026amp; Forecast, by Technology (3G, 4G\/LTE, 5G) By Connectivity Solution (Integrated, Embedded, Tethered) By Service (Driver assistance, Safety, Entertainment, Well-being, Others) By End Market (Original Equipment Manufacturer (OEMs), Aftermarket) and Regional Analysis, 2022-2029\u003c\/p\u003e\n\n\u003cp\u003eGlobal Connected Car Market is valued approximately USD 23.6 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 19% over the forecast period 2022-2029. Connected cars are vehicles that are connected to smartphones and tablets and are equipped with internet access, as well as  optimize their operations at regular intervals. It can share content with a series of devices inside and outside the car environment through the network connection. The Connected Car market is expanding because of factors such as rising emergence of various technologies such as 5G and AI and Rising automation in the automotive sector.\u003c\/p\u003e\n\n\u003cp\u003eVehicles connected to various devices help enhance their safety as the driver receives real-time data of the vehicle's surroundings. Its prevalence has progressively increased during the last few decades. According to Next Move Strategy Consulting, the global automotive intelligence market is projected to grow between 2019 and 2030. While the market was sized at some USD 2.5 billion in 2019, it is expected to reach the size of around USD 74.5 billion in 2030.Moreover, according to Statista during 2021, the global connected car market was valued at USD 65 billion, and projected to grow to USD 121 billion by 2025. Furthermore, leading market players are working towards new partnerships to offer innovative products and solutions. For instance, in December 2021, in California, a US based leading automaker of electric vehicles, Mullen Automotive Inc., partnered strategically with DSA Systems, a leading provider of remote OTA technology and vehicle system diagnostics based in Michigan. Another important component driving space rising automation. According to Statista, the demand for autonomous vehicle simulation solutions increased between 2020 and 2021 for all autonomous levels. It is expected that in 2031, the global market for AV simulation solutions for Level 4 and Level 5 autonomy will reach the size of USD 308.6 million. In addition, in February 2022, In order to provide Connected Vehicle Solutions in the Indian and ASEAN markets, India-based Pricol and San Jose, California, US-based Sibros Technologies have formed a strategic technology alliance. However, risk associated to cybersecurity stifles market growth throughout the forecast period of 2022-2029.\u003c\/p\u003e\n\n\u003cp\u003eThe key regions considered for the Global Connected Car Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of key market players. According to the Statista, in 2021, there were about 84 million connected cars on the roads in the United States. Their number is expected to surpass 305 million in 2035, making the United States the biggest market for connected vehicles. Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising geographic expansion of key players, and rising government initiatives in the market space.\u003c\/p\u003e\n\n\u003cp\u003eMajor market player included in this report are:\u003c\/p\u003e\n\n\u003cp\u003eHarman International\u003cbr\u003e\nContinental AG\u003cbr\u003e\nAT\u0026amp;T\u003cbr\u003e\nRobert Bosch GmbH\u003cbr\u003e\nDaimler AG\u003cbr\u003e\nAudi\u003cbr\u003e\nTomTom Inc.\u003cbr\u003e\nGeneral Motors\u003cbr\u003e\nFord Motor Company\u003cbr\u003e\nHyundai Motor Group\u003c\/p\u003e\n\n\u003cp\u003eRecent Developments in the Market:\u003cbr\u003e\n? In May 2022, General Motors and INRIX Inc, announced a collaboration to develop safety solutions to help transportation and planning agencies achieve road safety goals. Available first in the U.S., Safety View by GM Future Roads \u0026amp; INRIX is a cloud-based application that provides transportation officials with critical insights using crash, vehicle, and vulnerable road user (VRU) information, in addition to data from the U.S. Census to help prioritize and measure the effectiveness of roadway safety projects and their impact on communities.\u003c\/p\u003e\n\n\u003cp\u003eGlobal Connected Car Market Report Scope:\u003cbr\u003e\nHistorical Data 2019-2020-2021\u003cbr\u003e\nBase Year for Estimation 2021\u003cbr\u003e\nForecast period 2022-2029\u003cbr\u003e\nReport Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends\u003cbr\u003e\nSegments Covered Technology, Connectivity Solutions, Service, End Market, Region\u003cbr\u003e\nRegional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World\u003cbr\u003e\nCustomization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional \u0026amp; segment scope*\u003c\/p\u003e\n\n\u003cp\u003eThe objective of the study is to define market sizes of different segments \u0026amp; countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.\u003c\/p\u003e\n\n\u003cp\u003eThe report also caters detailed information about the crucial aspects such as driving factors \u0026amp; challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.\u003c\/p\u003e\n\n\u003cp\u003eThe detailed segments and sub-segment of the market are explained below:\u003c\/p\u003e\n\n\u003cp\u003eBy Technology:\u003cbr\u003e\n3G\u003cbr\u003e\n4G\/LTE\u003cbr\u003e\n5G\u003c\/p\u003e\n\n\u003cp\u003eBy Connectivity Solutions:\u003cbr\u003e\nIntegrated\u003cbr\u003e\nEmbedded\u003cbr\u003e\nTethered\u003c\/p\u003e\n\n\u003cp\u003eBy Service:\u003cbr\u003e\nDriver assistance\u003cbr\u003e\nSafety\u003cbr\u003e\nEntertainment\u003cbr\u003e\nWell-being\u003cbr\u003e\nOthers\u003c\/p\u003e\n\n\u003cp\u003eBy End Market:\u003cbr\u003e\nOriginal Equipment Manufacturer (OEMs)\u003cbr\u003e\nAftermarket\u003c\/p\u003e\n\n\u003cp\u003eBy Region:\u003cbr\u003e\nNorth America\u003cbr\u003e\nU.S.\u003cbr\u003e\nCanada\u003cbr\u003e\nEurope\u003cbr\u003e\nUK\u003cbr\u003e\nGermany\u003cbr\u003e\nFrance\u003cbr\u003e\nSpain\u003cbr\u003e\nItaly\u003cbr\u003e\nROE\u003cbr\u003e\nAsia Pacific\u003cbr\u003e\nChina\u003cbr\u003e\nIndia\u003cbr\u003e\nJapan\u003cbr\u003e\nAustralia\u003cbr\u003e\nSouth Korea\u003cbr\u003e\nRoAPAC\u003cbr\u003e\nLatin America\u003cbr\u003e\nBrazil\u003cbr\u003e\nMexico\u003cbr\u003e\nRoLA\u003cbr\u003e\nRest of the World\u003c\/p\u003e\n\n\u003cp\u003eCompanies Mentioned\u003c\/p\u003e\n\n\u003cp\u003eHarman International\u003cbr\u003e\nContinental AG\u003cbr\u003e\nAT\u0026amp;T\u003cbr\u003e\nRobert Bosch GmbH\u003cbr\u003e\nDaimler AG\u003cbr\u003e\nAudi\u003cbr\u003e\nTomTom Inc.\u003cbr\u003e\nGeneral Motors\u003cbr\u003e\nFord Motor Company\u003cbr\u003e\nHyundai Motor Group\u003c\/p\u003e\n\n\u003cp\u003ePlease note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.\u003c\/p\u003e","brand":"Technology \u0026 Media","offers":[{"title":"February, 2023 \/ 200 Pages \/ MCW16293920","offer_id":47716473766194,"sku":null,"price":5940.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/global-connected-car-market-size-study-forecast-by-technology-3g-4g-lte-5g-by-connectivity-solution-integrated-embedded-tethered-by-service-driver-assistance-safety-entertainment-well-being-others-by-end-market-original-equipment-manufac","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}