As per the research conducted by KD Market research, the
report titled “ Connected Vehicle Market ” provides current as well as future
analysis of the market by evaluating the major applications, advantages,
trends, and challenges. The report dives deeper to produce useful insights
into Connected
Vehicle Market such as major global regions and key competitors
and strategies that can be used for the entry-level player too.
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. Similarly, the use of telematics and fleet management solutions for connected commercial vehicles has risen.
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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.
Key growth factors
o The ever-increasing emphasis on personalization and
customization across all car segments is seen as a major driver of the market.
Also, the demand for personalized content, information, media feeds have been
witnessed in the connected passenger car landscape.
o Since the mobile technology landscape is evolving at a rapid pace, a new opportunity for fleet managers has emerged to develop new differentiating capabilities and to further reduce costs and enable enhanced services using different connected technology products or services for connected commercial trucks.
Threats and key players
o Consumers are often reluctant to pay additional costs
which come associated with embedded connectivity and see their smartphones as
the solution to many of their in-car connectivity needs.
o Increasing fuel prices is causing a credit crunch, and rising inflation is taking a toll on the global economy. The industry is also restricted by increasing regulations, sluggish demand, and increase in both fixed and marginal cost.
o Some of the key players operating in the market are:- Airbiquity Inc, Aptiv PLC, Autoliv, Continental AG, Denso, NXP Semiconductors, Robert Bosch GmbH, TomTom, WirelessCar, and ZF Friedrichshafen.
What's covered in the report?
1) Overview of the global connected vehicle market
2) Evolution of connected car solutions
3) Connected vehicle ecosystem
4) Connected vehicle- integration landscape model
5) Total number of global and regional embedded passenger car solutions by value (USD Bn) and volume (Mn units) 2018-2023,CAGR, and SWOT analysis for embedded solutions
6) Total number of global and regional integrated passenger car solutions by value (USD Bn) and volume (Mn units) 2018-2023, CAGR, and SWOT analysis for integrated solutions
7) Total number of global and regional tethered passenger car solutions by value (USD Bn) and volume (Mn units) 2018-2023, CAGR, and SWOT analysis for tethered solutions
8) Value proposition for connected passenger car services
9) Value proposition for original equipment manufacturers (OEMs)- connected passenger car services
10) Total number of global and regional fleet management solutions by value (USD Bn) and volume (Mn units) 2018-2023 and CAGR
11) Value proposition for connected truck services
12) Modular strategy - truck manufacturers and OEMs
13) Key opportunities in the global connected vehicle market
14) Key market trends in global connected vehicle market
15) Analysis of companies profiles of major public and private players operating in the market
Why buy?
1. Understand the demand for connected vehicle products and
services to determine the viability of the business.
2. Determine the developed and new markets where connected vehicle technology is consumed.
3. Formulate a product market strategy – based on the position in the value chain and determine the optimal product/service placement.
4. Identify the gap areas and address them.
5. Develop strategies based on the industry and economic factors for each of the segments.
6. Define the competitive positioning by comparing the products and services with the key players in the market.
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Table of Content
Chapter 1: Executive summary
1.1. Study segments
1.2. Market segmentation
1.3. Key questions answered in this study
1.4. Executive summary
1.5. Evolution of connected car solution
1.6. SWOT analysis- embedded Solutions
1.7. SWOT analysis- tethered solutions
1.8. SWOT analysis- integrated solutions
1.9. Connected vehicle- ecosystem
1.10. Connected vehicle- integration landscape model
1.2. Market segmentation
1.3. Key questions answered in this study
1.4. Executive summary
1.5. Evolution of connected car solution
1.6. SWOT analysis- embedded Solutions
1.7. SWOT analysis- tethered solutions
1.8. SWOT analysis- integrated solutions
1.9. Connected vehicle- ecosystem
1.10. Connected vehicle- integration landscape model
Chapter 2: Global connected passenger car- market
overview
2.1. Global market overview
2.1. 1. Global growth drivers
2.1. 2. Global challenges
2.1. 3. Global trends
2.1. 4. Leading players in the market
2.2. Global market size
2.2. 1. Embedded solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
2.2. 2. Integrated solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
2.2. 3. Tethered solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
2.1. 1. Global growth drivers
2.1. 2. Global challenges
2.1. 3. Global trends
2.1. 4. Leading players in the market
2.2. Global market size
2.2. 1. Embedded solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
2.2. 2. Integrated solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
2.2. 3. Tethered solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
Chapter 3: North America connected passenger car- market
overview
3.1. North America market overview
3.1. 1. North America growth drivers
3.1. 2. North America challenges
3.1. 3. North America trends
3.1. 4. Leading players in the market
3.2. North America market size
3.2. 1. Embedded solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
3.2. 2. Integrated solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
3.2. 3. Tethered solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
3.1. 1. North America growth drivers
3.1. 2. North America challenges
3.1. 3. North America trends
3.1. 4. Leading players in the market
3.2. North America market size
3.2. 1. Embedded solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
3.2. 2. Integrated solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
3.2. 3. Tethered solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
Chapter 4: Europe connected passenger car- market
overview
4.1. Europe market overview
4.1. 1. Europe growth drivers
4.1. 2. Europe challenges
4.1. 3. Europe trends
4.1. 4. Leading players in the market
4.2. Europe market size
4.2. 1. Embedded solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
4.2. 2. Integrated solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
4.2. 3. Tethered solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
4.1. 1. Europe growth drivers
4.1. 2. Europe challenges
4.1. 3. Europe trends
4.1. 4. Leading players in the market
4.2. Europe market size
4.2. 1. Embedded solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
4.2. 2. Integrated solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
4.2. 3. Tethered solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
Chapter 5: Asia-Pacific connected passenger car- market
overview
5.1. Asia-Pacific market overview
5.1. 1. Asia-Pacific growth drivers
5.1. 2. Asia-Pacific challenges
5.1. 3. Asia-Pacific trends
5.1. 4. Leading players in the market
5.2. Asia-Pacific market size
5.2. 1. Embedded solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
5.2. 2. Integrated solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
5.2. 3. Tethered solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
5.1. 1. Asia-Pacific growth drivers
5.1. 2. Asia-Pacific challenges
5.1. 3. Asia-Pacific trends
5.1. 4. Leading players in the market
5.2. Asia-Pacific market size
5.2. 1. Embedded solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
5.2. 2. Integrated solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
5.2. 3. Tethered solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
Chapter 6: Latin America connected passenger car- market
overview
6.1. Latin America market overview
6.1. 1. Latin America growth drivers
6.1. 2. Latin America challenges
6.1. 3. Latin America trends
6.1. 4. Leading players in the market
6.2. Latin America market size
6.2. 1. Embedded solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
6.2. 2. Integrated solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
6.2. 3. Tethered solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
6.1. 1. Latin America growth drivers
6.1. 2. Latin America challenges
6.1. 3. Latin America trends
6.1. 4. Leading players in the market
6.2. Latin America market size
6.2. 1. Embedded solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
6.2. 2. Integrated solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
6.2. 3. Tethered solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
Chapter 7: Middle East and Africa connected passenger
car- market overview
7.1. Middle East and Africa market overview
7.1. 1. Middle East and Africa growth drivers
7.1. 2. Middle East and Africa challenges
7.1. 3. Middle East and Africa trends
7.1. 4. Leading players in the market
7.2. Middle East and Africa market size
7.2. 1. Embedded solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
7.2. 2. Integrated solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
7.2. 3. Tethered solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
7.1. 1. Middle East and Africa growth drivers
7.1. 2. Middle East and Africa challenges
7.1. 3. Middle East and Africa trends
7.1. 4. Leading players in the market
7.2. Middle East and Africa market size
7.2. 1. Embedded solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
7.2. 2. Integrated solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
7.2. 3. Tethered solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
Chapter 8: Connected passenger car services- value
proposition
8.1. Value proposition for connected passenger car services
8.2. Value proposition for original equipment manufacturers (OEM’s) - connected passenger car
8.2. Value proposition for original equipment manufacturers (OEM’s) - connected passenger car
Chapter 9: Global connected truck- market overview
9.1. Global market overview
9.1. 1. Global growth drivers
9.1. 2. Global challenges
9.1. 3. Global trends
9.1. 4. Leading players in the market
9.2. Global market size
9.2. 1. Fleet management solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
9.1. 1. Global growth drivers
9.1. 2. Global challenges
9.1. 3. Global trends
9.1. 4. Leading players in the market
9.2. Global market size
9.2. 1. Fleet management solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
Chapter 10: North America connected truck- market
overview
10.1. North America market overview
10.1. 1. North America growth drivers
10.1. 2. North America challenges
10.1. 3. North America trends
10.1. 4. Leading players in the market
10.2. North America market size
10.2. 1. Fleet management solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
10.1. 1. North America growth drivers
10.1. 2. North America challenges
10.1. 3. North America trends
10.1. 4. Leading players in the market
10.2. North America market size
10.2. 1. Fleet management solutions- Historical (2015-2017), forecasted (2018-2023) by value (USD Bn) and volume (Mn units), and key observations
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