Connected Car Devices Market Projected to Hit USD 126.32 Billion by 2030, Growing at 14.83% CAGR - Mordor Intelligence

Mordor Intelligence has published a latest report on the Connected Car Devices Market, offering a comprehensive analysis of trends, growth drivers, and future projections
Introduction

The Connected Car Devices Market [https://www.mordorintelligence.com/industry-reports/connected-car-devices-market?utm_source=abnewswire] is witnessing rapid growth as vehicles increasingly integrate communication, safety, and infotainment technologies. These devices enable real-time connectivity between vehicles, infrastructure, and external networks, supporting applications like driver assistance, vehicle-to-everything (V2X) communication, and over-the-air updates.

Key Market Trends

5G Deployment and C-V2X Growth - The rollout of 5G networks and adoption of cellular vehicle-to-everything (C-V2X) standards are enabling faster, low-latency communication for safer and smarter driving experiences.

Rising Adoption of ADAS and Safety Mandates - Regulations requiring advanced driver assistance systems (ADAS) and e-Call features are pushing automakers to integrate connected modules as standard equipment.

Shift Toward Software-Defined Vehicles - OEMs are increasingly embedding connectivity to support over-the-air updates, subscription services, and new revenue streams per vehicle.

Aftermarket Expansion - While OEM-fitted devices dominate, aftermarket demand is rising rapidly as consumers seek to upgrade older vehicles with connected features.

Cybersecurity Focus - With vehicles becoming more connected, demand for cybersecurity hardware and secure communication solutions is growing at one of the fastest rates.

Market Segmentation

By End-User Type

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OEM: Original equipment manufacturers dominate the market as connected modules are increasingly built into new vehicles at the production stage.

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Aftermarket: A fast-growing segment as consumers upgrade existing vehicles with telematics, infotainment, and safety features.

By Communication Type

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V2V (Vehicle-to-Vehicle): Enables data exchange between vehicles to enhance safety and traffic efficiency.

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V2I (Vehicle-to-Infrastructure): Supports communication with roadside infrastructure such as traffic lights and smart roads.

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V2P (Vehicle-to-Pedestrian): Focused on improving safety by alerting pedestrians and cyclists.

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V2N (Vehicle-to-Network): Allows cars to connect with broader networks for services such as navigation, cloud access, and remote updates.

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V2G (Vehicle-to-Grid): Emerging as an important segment, allowing electric vehicles to interact with energy grids for optimized charging and power exchange.

By Product Type

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Driver Assistance System (ADAS): The largest product category, including lane-keeping, collision avoidance, and adaptive cruise control systems.

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Telematics: Covers fleet management, vehicle diagnostics, and insurance telematics services.

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In-Car Infotainment: Multimedia, navigation, and connectivity solutions for enhanced passenger experience.

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Cybersecurity Hardware: A rapidly growing area, ensuring secure communication and safeguarding vehicles from cyber threats.

By Connectivity Technology

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Embedded: Built-in connectivity modules directly integrated into vehicles, representing the dominant share.

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Integrated: Systems that merge multiple connected features for streamlined functionality.

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Tethered: Relies on external devices, such as smartphones, to provide connectivity.

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DSRC (Dedicated Short-Range Communication): Used for low-latency safety applications, particularly in traffic and collision management.

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C-V2X (4G/5G): The fastest-growing category, leveraging advanced cellular networks to support next-generation communication.

By Vehicle Propulsion Type

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Internal-Combustion Engine Vehicles (ICEs): Currently the majority of the vehicle fleet are ICE, supporting embedded and aftermarket connectivity.

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Electric Vehicles (EVs): Growing rapidly as electrification expands, with strong demand for connectivity features to support charging, navigation, and smart grid integration.

By Geography

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North America: Leads the market with strong adoption of connected safety mandates, high consumer demand for advanced infotainment, and wide 5G availability.

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Europe: Driven by strict regulatory requirements, especially e-Call and ADAS mandates, making connectivity a standard across passenger cars.

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Asia-Pacific: Forecast to be the fastest-growing region, supported by rapid EV adoption, smart mobility programs, and government investments in intelligent transport systems.

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South America: An emerging market where growth is supported by rising vehicle sales, increasing demand for aftermarket upgrades, and early steps toward smart city initiatives.

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Middle East & Africa: Gaining traction as connected mobility becomes a focus in Gulf nations and smart city investments expand across key markets.

Major Players

Continental AG Continental AG is a leading German automotive technology company known for its expertise in mobility solutions, safety systems, and connectivity. In the connected car space, it provides advanced driver assistance systems (ADAS), telematics, and intelligent transportation solutions to enhance driving efficiency and road safety.

Denso Corporation Headquartered in Japan, Denso Corporation is a key global supplier of advanced automotive technology. The company focuses on connected car technologies such as infotainment systems, communication modules, and telematics that improve vehicle connectivity, safety, and in-car user experience.

Robert Bosch GmbH Bosch is a German multinational engineering and technology company recognized for its strong presence in automotive electronics and connected solutions. It offers integrated telematics platforms, vehicle communication systems, and cybersecurity solutions to support the growing connected vehicle ecosystem.

Autoliv Inc. Autoliv, based in Sweden, is a global leader in automotive safety systems. While traditionally known for airbags and seatbelts, the company is increasingly integrating connected technologies into its safety portfolio, focusing on intelligent driver assistance and vehicle-to-vehicle communication to reduce accidents.

Valeo SA Valeo SA, headquartered in France, specializes in automotive systems and components, with a strong focus on electrification and smart mobility. In connected cars, Valeo develops advanced in-car infotainment, ADAS sensors, and communication technologies that enable safer and more connected driving experiences

Conclusion

The Connected Car Devices Market is witnessing steady growth as automakers and technology providers collaborate to deliver safer, smarter, and more efficient mobility solutions. Increasing consumer demand for in-car connectivity, coupled with the rise of advanced driver assistance systems (ADAS), infotainment, and telematics, continues to push the market forward. The shift toward electric vehicles and autonomous driving further strengthens the need for integrated communication systems, cybersecurity solutions, and seamless vehicle-to-everything (V2X) connectivity.

For more information: https://www.mordorintelligence.com/ja/industry-reports/connected-car-devices-market?utm_source=abnewswire

Industry Related Reports

Europe Connected Cars Market: [https://www.mordorintelligence.com/industry-reports/europe-connected-cars-market?utm_source=abnewswire] The Europe Connected Car Market is segmented by Technology Type (Navigation, Infotainment, Safety/ADAS, Vehicle Management, Telematics and OTA Updates, and Others), Connectivity Type (Integrated, Embedded, Tethered, and Hybrid), Vehicle-Connectivity Scope (V2V, V2I, and V2X), and End-User (OEM Factory-Fitted, Aftermarket, and Others). The report provides market forecasts in terms of value (USD) for all segments.

India Connected Car Market: The India Connected Cars Market is segmented by Application (Driver Assistance, Telematics, Infotainment, and Others), Connectivity (Integrated, Embedded, and Tethered), Vehicle Connectivity (V2V, V2I, and V2P), and Vehicle Type (Passenger Cars and Commercial Vehicles). The report provides market size and forecasts for all these segments in terms of value (USD).

Get More insights: https://www.mordorintelligence.com/industry-reports/india-connected-car-market?utm_source=abnewswire

Asia-Pacific Connected Cars Market: [https://www.mordorintelligence.com/industry-reports/asia-pacific-connected-cars-market?utm_source=abnewswire] The Asia-Pacific Connected Cars Market is segmented by Vehicle Type (Passenger Cars and Commercial Vehicles), Technology Type (Navigation, Entertainment, Safety, Vehicle Management, and Others), Vehicle Connectivity (V2V, V2I, and V2X), End-User (OEMs and Aftermarket/Replacement), and Country.

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