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Connected Vehicles Market

Publisher Coherent Market Insights
Published Jul 01, 2025
Length 140 Pages
SKU # CMI20303093

Description

Connected vehicles can seamlessly communicate with other vehicles, roadside infrastructure, and traffic management systems. This connectivity helps in improving road safety, traffic management, and fuel efficiency. Connected vehicles use vehicle-to-everything (V2X) communication technologies like vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), vehicle-to-pedestrian (V2P), etc. to share real-time traffic, road, and vehicle condition data with other entities. The increasing adoption of advanced driver assistance systems (ADAS) and the focus toward autonomous vehicles is expected to boost the demand for connected vehicle technologies in the coming years.

Market Dynamics

The connected vehicles market is driven by the rising demand for safety, infotainment, and traffic management applications. Stringent safety regulations regarding ADAS features and the focus toward developing safe autonomous vehicles are forcing automakers to adopt connectivity solutions. However, high development costs and lack of standardization of connectivity protocols pose challenges. The growing deployment of 5G networks provides an opportunity to support advanced connected vehicle applications with low latency requirements. OEMs are also focusing on over-the-air updates to remotely upgrade vehicle software and introduce new functionalities.

Key features of the study
  • This report provides in-depth analysis of the global connected vehicles market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global connected vehicles market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include Robert Bosch, Continental, Harman International, Delphi Technologies, Denso, and TomTom International.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • The global connected vehicles market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
  • By Vehicle Type Insights (Revenue, USD, 2020-2032)
  • Passenger cars
  • Commercial Cars
  • By End-user Industry Insights (Revenue, USD, 2020-2032)
  • Aftermarket
  • OEM
  • By Communication Insights (Revenue, USD, 2020-2032)
  • Vehicle-to-vehicle
  • Vehicle-to-pedestrian
  • Vehicle-to-infrastructure
  • By Connectivity Insights (Revenue, USD, 2020-2032)
  • DSRC
  • Cellular
  • Satellite
  • Wi-Fi
  • Regional Insights (Revenue, USD, 2020 2032)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
  • Key Players Insights
  • Continental AG
  • Robert Bosch GmbH
  • Harman International
  • Denso Corporation
  • Visteon Corporation
  • Intellias
  • Qualcomm Technologies Inc.
  • Ford Motor Company
  • BMW Group
  • Samsung Electronics
  • Veoneer Inc.
  • Magna International Inc.

Table of Contents

140 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Connected Vehicles Market, By Vehicle Type
Connected Vehicles Market, By End-user Industry
Connected Vehicles Market, By Communication
Connected Vehicles Market, By Connectivity
Connected Vehicles Market, By Region
3. Market Dynamics, Regulations, And Trends Analysis
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
Industry Trends
4. Connected Vehicles Market, By Vehicle Type, 2025-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Passenger Cars
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Commercial Cars
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
5. Connected Vehicles Market, By End-user Industry, 2025-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Aftermarket
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
OEM
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
6. Connected Vehicles Market, By Communication, 2025-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Vehicle-to-vehicle
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Vehicle-to-pedestrian
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Vehicle-to-infrastructure
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
7. Connected Vehicles Market, By Connectivity, 2025-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
DSRC
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Cellular
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Satellite
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Wi-Fi
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
8. Global Connected Vehicles Market, By Region, 2020 - 2032, Value (USD Bn)
Introduction
Market Share (%) Analysis, 2025,2028 & 2032, Value (USD Bn)
Market Y-o-Y Growth Analysis (%), 2020 - 2032, Value (USD Bn)
Regional Trends
North America
Introduction
Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By End-user Industry, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Communication, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Connectivity, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By End-user Industry, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Communication, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Connectivity, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Introduction
Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By End-user Industry, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Communication, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Connectivity, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By End-user Industry, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Communication, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Connectivity, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By End-user Industry, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Communication, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Connectivity, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By End-user Industry, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Communication, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Connectivity, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
South Africa
North Africa
Central Africa
9. Competitive Landscape
Continental AG
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Robert Bosch GmbH
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Harman International
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Denso Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Visteon Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Intellias
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Qualcomm Technologies Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Ford Motor Company
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
BMW Group
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Samsung Electronics
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Veoneer Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Magna International Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
10. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
11. References and Research Methodology
References
Research Methodology
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