Global Connected Car Market Size, Share & Growth | Analysis Report 2030

The purpose of this Global Connected Car Market report is to assist executives who use integrated marketing reports that include important data to analyze and understand market and commercial conditions. However, the paper evaluates how quickly markets in the past, present, and future have changed using relevant analytical techniques, tools, and models.

Growth of Global Connected Car Market during the projected period from 2025 to 2030

The Global Connected Car Market is USD 51.4 billion in 2023 and is anticipated to reach USD 220.14 billion by 2030, thus growing at a CAGR of 25.6% during the forecast period 2025-2030.

Connected car technology is a form of vehicle that has access to the internet. This helps in connecting the vehicle to the real world and obtaining real-time data from outside, thereby ensuring the safety of the vehicle. It comprises OEM hardware, which permits the networking of vehicles in different versions.

The globally connected car market is growing at a significant rate, owing to an increase in initiatives taken by the government to develop intelligent transportation systems, increase in production of vehicles, technology development, rising demand for luxury and comfort in vehicles, rising demand for smartphone features in the car, and automated driving technologies including passenger safety features will propel the growth of the globally connected car market.

The market has witnessed a surge in demand for the connected service segment due to the mounting demand of customers for more convenient features such as navigation, autopilot, remote diagnostic, multimedia media streaming, etc., comfort, performance, safety, and security, and also includes powerful network technology.

This helps in facilitating real-time communication. Furthermore, the rising demand for insurance telematics and route tracking services is expected to drive the growth of the globally connected car market.

The study is also a combination of
Market statistical analysis
Growth analysis
Incremental competitive analysis
Investment opportunity
Industry trends

However, the market for business strategies shares the most lucrative industry and rising product/service demand. Analysts from VynZ Research highlighted the most current trends in a market study as well.

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What information does this report contain?
The composition of the Global Connected Car Market research report is given by,
The study from the base year was based on historical information from years 2018 to 2023 the current situation, trends, and ongoing market statistics in the base year of 2024 as well as an evaluation of the market opportunity for the projection period from 2025 to 2030.

Information on mergers and acquisitions, the rise and fall of new participants, and other trends in various populations and geographical areas. Additionally, it will be extensively covered by the market.

Professional evaluation of key market tendencies, technological advancements, and innovations, as well as restrictions on and difficulties with market progress.

Additionally, the study employs tools like PESTEL (Political, Economic, Social, Technological, Environmental, and Legal) analysis, Porter's Five Forces Model, SWOT (Strength, Weakness, Opportunity, and Threat) analysis, and other similar techniques.

Market competitive landscape -
The research study by VynZ Research presents a fair and transparent analysis of the factors influencing the leading competitors in a comprehensive company profile. It includes the following information:

Business Strategy
Company overview
Financial performance
Key Product/Service Offers
Performance indicators
Porter's Five Forces Model
Risk Analysis
Latest developments
Regional presence
SWOT analysis

The most prominent players in the Global Connected Car Market are: -
Delphi Technologies Plc.
DENSO Corporation
ZF Friedrichshafen
Robert Bosch GmbH
Aisin Seiki
Valeo S.A.
Autoliv Inc.

Segmentation Analysis:
The report provides thorough study data for each area based on different geographic locations, as well as reliable and precise information regarding actual sizes and amounts. The market's dominant segmentation is achieved using the following techniques:

Service Insight and Forecast 2025-2030
Connected Services
Autonomous Driving
Safety
Security

Connectivity Insight and Forecast 2025-2030
Tethered
Integrated
Embedded

Application Insight and Forecast 2025-2030
Navigation
Telematics
Infotainment

Hardware Insight and Forecast 2025-2030
Display
Sensors
Smart Antenna
Electronic Control Unit (ECU)

Network Insight and Forecast 2025-2030
Dedicated Short Range Communication (DSRC)
Cellular

Technology Insight and Forecast 2025-2030
3G
4G/LTE
5G

End-User Insight and Forecast 2025-2030
Original Equipment Manufacturer (OEM)
Aftermarket

Scope of the market report:
The research studies offer in-depth knowledge about identifying, elucidating, and projecting the dynamics of the Global Connected Car Market across segments and geographical areas.

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𝗥𝗲𝗮𝘀𝗼𝗻𝘀 𝘁𝗼 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲 𝘁𝗵𝗶𝘀 r𝗲𝗽𝗼𝗿𝘁:
A qualitative and quantitative segmentation of the market for Mobile Payment Technologies using both economic and non-economic factors.
Identifies the region and market segment for the Connected Car Market that is predicted to grow the fastest and have the biggest market share.
The competitive environment, which includes recent service/product launches, joint ventures, corporate growth, and acquisitions of the companies described as well as the market share of the leading rivals.
In light of recent changes, how does the market see the present and the future (including growth possibilities, drivers, as well as obstacles and restraints from both developing and emerging regions).
Includes a thorough analysis of the market utilizing Porter's Five Forces analysis from a variety of perspectives.

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