Global Connected Car Solutions Industry

Global Connected Car Solutions Market to Reach US$251. 5 Billion by the Year 2027. Amid the COVID-19 crisis, the global market for Connected Car Solutions estimated at US$85. 4 Billion in the year 2020, is projected to reach a revised size of US$251.

New York, July 15, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Connected Car Solutions Industry" - https://www.reportlinker.com/p03101169/?utm_source=GNW
5 Billion by 2027, growing at a CAGR of 16.7% over the analysis period 2020-2027.Embedded, one of the segments analyzed in the report, is projected to grow at a 16.4% CAGR to reach US$117.6 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Integrated segment is readjusted to a revised 18.3% CAGR for the next 7-year period. This segment currently accounts for a 30.9% share of the global Connected Car Solutions market.

The U.S. Accounts for Over 29.6% of Global Market Size in 2020, While China is Forecast to Grow at a 16.1% CAGR for the Period of 2020-2027
The Connected Car Solutions market in the U.S. is estimated at US$25.3 Billion in the year 2020. The country currently accounts for a 29.6% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$43.6 Billion in the year 2027 trailing a CAGR of 16.1% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.8% and 14.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.3% CAGR while Rest of European market (as defined in the study) will reach US$43.6 Billion by the year 2027.

Tethered Segment Corners a 21.6% Share in 2020
In the global Tethered segment, USA, Canada, Japan, China and Europe will drive the 14.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$14.8 Billion in the year 2020 will reach a projected size of US$38.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$30.4 Billion by the year 2027.We bring years of research experience to this 20th edition of our report. The 140-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

-Competitors identified in this market include, among others,

• Aeris Communications

• Airbiquity, Inc.

• Apple Inc.

• AT&T, Inc.

• Audi AG

• Automotive Grade Linux Foundation

• Bayerische Motoren Werke AG

• Cisco Systems Inc.

• Daimler AG

• Delphi Automotive LLP

• Fiat Chrysler Automobiles N.V.

• Ford Motor Company

• Freescale Semiconductor Inc

• General Motors Company

• Google Inc.

• Honda Motor Co. Ltd

• Intel Corporation

• Intelligent Mechatronic Systems Inc.

• Microsoft Corp.

• Nissan Motor Co., Ltd.

• NXP Semiconductors N.V.

• Octo Telematics SpA

• QNX Software Systems Ltd.

• Qualcomm Inc.

• Renault Group

• Robert Bosch GmbH

• Sierra Wireless

• Texas Instruments Inc.

• TomTom International BV

• Toyota Motor Corp

• Verizon Communications, Inc.

• Verizon Telematics Inc.

• Vodafone Automotive SpA

• Vodafone Group Plc

• WirelessCar

Read the full report: https://www.reportlinker.com/p03101169/?utm_source=GNW

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Internet of Things: The Technology Platform for Connected Cars
Recent Market Activity
Connected Cars: The Future of Driving
In-Vehicle Infotainment (IVI) Systems to Power First Generation
Intelligent Connected Cars
Reliable Internet Connectivity: A Vital Prerequisite for
Connected Cars
Cloud Computing in the Automobile Industry Signals a New Era of
Mobility
Cloud to Tackle Connected Cars & Their Big Data Challenges
Cloud Computing: The Key to Connected Car Data Security
Mobile Convergence with the Connected Car: A Fundamental Trend
Gains Momentum
4G Mobile Network Technology to Connect Cars at Lightning
Internet Speeds
Smartphone-to-Car Connectivity: Turning Smartphones into the
Control Keys for Connected Cars
Rising Number of Web-based Apps to Promote Embedded Connectivity
Growing Focus on Safety Spurs Interest in Embedded Connectivity
Connected Cars Signal Opportunities for the Telecom Sector
With Emerging Markets Projected to Drive Over 60% of Global
Auto Industry Profits, China Stands Out as the Global Growth
Engine
Expanding Middle Class Population in Developing Countries to
Boost Demand for Value Added Content Per Car
A Peek Into Market Challenges
Change in Car Ownership Models to Affect the Market for
Connected Car Solutions
Incompatibility of Various Platforms Hampers Adoption of
Connectivity Solutions
Concerns over Data Privacy: A Market Dampener
Device Democracy: The Solution to Privacy Issues in Connected Cars
Market Outlook
Global Competitor Market Shares
Connected Car Solutions Competitor Market Share Scenario
Worldwide (in %): 020 & 2025
Connected Car Solutions Competitor Market Share Scenario
Worldwide (in %): 2020 & 2029
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS
Automotive OEMs
Audi AG (Germany)
Bayerische Motoren Werke AG (Germany)
Daimler AG (Germany)
Ford Motor Company (USA)
Fiat Chrysler Automobiles N.V. (UK)
General Motors Company (USA)
Honda Motor Co. Ltd (Japan)
Nissan Motor Co., Ltd. (Japan)
Renault Group (France)
Toyota Motor Corp (Japan)
Connectivity Technology Providers
Automotive Grade Linux Foundation (USA)
Airbiquity (USA)
Apple Inc. (USA)
Delphi Automotive LLP (UK)
Freescale Semiconductor Inc (USA)
Google Inc. (USA)
Harman International (USA)
Intel Corporation (USA)
Intelligent Mechatronic Systems Inc. (Canada)
Cisco (USA)
Microsoft Corporation (USA)
NXP Semiconductors N.V. (Netherlands)
Octo Telematics SpA (Italy)
QNX Software Systems Ltd. (Canada)
Qualcomm Incorporated (USA)
Robert Bosch GmbH (Germany)
Texas Instruments Incorporated (USA)
TomTom International BV. (The Netherlands)
Verizon Telematics Inc. (USA)
WirelessCar (Sweden)
Telecom Operators
Aeris Communications (USA)
AT&T (USA)
Sierra Wireless (Canada)
Vodafone Group Plc (UK)
Vodafone Automotive SpA (Italy)
Verizon Communications, Inc. (USA)

3. MARKET TRENDS & DRIVERS
As Post Recession Recovery Growth in the Automotive Industry
Slows Down, Disruptive Technologies Will Drive the Revenue
Potential of the Industry
Rethinking Revenue Streams: Auto OEMs Focus on Differentiated
In-Vehicle Experience to Counterbalance Falling Revenues from
Slowing New Car Sales
Connected Cars Emerge Into the New Digital Battleground for
Auto Makers
Growing Investments in ITS: Signals Robust Prospects for ?
Street to Vehicle? Connectivity
Connected Cars to Drive Alternate Revenue Streams for
Automakers by Opening up New Growth Avenues in Managed Car
Services
Growing Demand for In-Vehicle Services: A Positive Sign for
Connected Car Solutions
Increased Collaboration Along the Automotive Value Chain Bodes
Well for Connected Cars
Deployment of Mandatory Telematics Extends Regulatory Driven
Strength to Embedded Telematics

4. GLOBAL MARKET PERSPECTIVE
Table 1: Connected Car Solutions Global Market Estimates and
Forecasts in US$ Million by Region/Country: 2020-2027

Table 2: Connected Car Solutions Market Share Shift across Key
Geographies Worldwide: 2020 VS 2027

Table 3: Embedded (Connectivity Solution) World Market by
Region/Country in US$ Million: 2020 to 2027

Table 4: Embedded (Connectivity Solution) Market Share
Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027

Table 5: Integrated (Connectivity Solution) Potential Growth
Markets Worldwide in US$ Million: 2020 to 2027

Table 6: Integrated (Connectivity Solution) Market Sales
Breakdown by Region/Country in Percentage: 2020 VS 2027

Table 7: Tethered (Connectivity Solution) Geographic Market
Spread Worldwide in US$ Million: 2020 to 2027

Table 8: Tethered (Connectivity Solution) Market Share
Distribution in Percentage by Region/Country: 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US Connected Car Solutions Market Share (in %) by Company: 2020 &
2025
Market Analytics
Table 9: United States Connected Car Solutions Market Estimates
and Projections in US$ Million by Connectivity Solution: 2020
to 2027

Table 10: United States Connected Car Solutions Market Share
Breakdown by Connectivity Solution: 2020 VS 2027

CANADA
Table 11: Canadian Connected Car Solutions Market Estimates and
Forecasts in US$ Million by Connectivity Solution: 2020 to 2027

Table 12: Connected Car Solutions Market in Canada: Percentage
Share Breakdown of Sales by Connectivity Solution for 2020 and
2027

JAPAN
Table 13: Japanese Market for Connected Car Solutions: Annual
Sales Estimates and Projections in US$ Million by Connectivity
Solution for the Period 2020-2027

Table 14: Japanese Connected Car Solutions Market Share
Analysis by Connectivity Solution: 2020 VS 2027

CHINA
Table 15: Chinese Connected Car Solutions Market Growth
Prospects in US$ Million by Connectivity Solution for the
Period 2020-2027

Table 16: Chinese Connected Car Solutions Market by
Connectivity Solution: Percentage Breakdown of Sales for 2020
and 2027

EUROPE
Market Facts & Figures
European Connected Car Solutions Market: Competitor Market
Share Scenario (in %) for 2020 & 2025
Market Analytics
Table 17: European Connected Car Solutions Market Demand
Scenario in US$ Million by Region/Country: 2018-2025

Table 18: European Connected Car Solutions Market Share Shift
by Region/Country: 2020 VS 2027

Table 19: European Connected Car Solutions Market Estimates and
Forecasts in US$ Million by Connectivity Solution: 2020-2027

Table 20: European Connected Car Solutions Market Share
Breakdown by Connectivity Solution: 2020 VS 2027

FRANCE
Table 21: Connected Car Solutions Market in France by
Connectivity Solution: Estimates and Projections in US$ Million
for the Period 2020-2027

Table 22: French Connected Car Solutions Market Share Analysis
by Connectivity Solution: 2020 VS 2027

GERMANY
Table 23: Connected Car Solutions Market in Germany: Recent
Past, Current and Future Analysis in US$ Million by
Connectivity Solution for the Period 2020-2027

Table 24: German Connected Car Solutions Market Share Breakdown
by Connectivity Solution: 2020 VS 2027

ITALY
Table 25: Italian Connected Car Solutions Market Growth
Prospects in US$ Million by Connectivity Solution for the
Period 2020-2027

Table 26: Italian Connected Car Solutions Market by
Connectivity Solution: Percentage Breakdown of Sales for 2020
and 2027

UNITED KINGDOM
Table 27: United Kingdom Market for Connected Car Solutions:
Annual Sales Estimates and Projections in US$ Million by
Connectivity Solution for the Period 2020-2027

Table 28: United Kingdom Connected Car Solutions Market Share
Analysis by Connectivity Solution: 2020 VS 2027

REST OF EUROPE
Table 29: Rest of Europe Connected Car Solutions Market
Estimates and Forecasts in US$ Million by Connectivity
Solution: 2020-2027

Table 30: Rest of Europe Connected Car Solutions Market Share
Breakdown by Connectivity Solution: 2020 VS 2027

ASIA-PACIFIC
Table 31: Connected Car Solutions Market in Asia-Pacific by
Connectivity Solution: Estimates and Projections in US$ Million
for the Period 2020-2027

Table 32: Asia-Pacific Connected Car Solutions Market Share
Analysis by Connectivity Solution: 2020 VS 2027

REST OF WORLD
Table 33: Rest of World Connected Car Solutions Market
Estimates and Forecasts in US$ Million by Connectivity
Solution: 2020 to 2027

Table 34: Connected Car Solutions Market in Rest of World:
Percentage Share Breakdown of Sales by Connectivity Solution
for 2020 and 2027

IV. COMPETITION

Total Companies Profiled: 72
Read the full report: https://www.reportlinker.com/p03101169/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

__________________________

CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001