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Global Automotive Digital Key Market 2018-2022

Global Automotive Digital Key Market 2018-2022

About Automotive Digital Key

The automotive digital key is a technology where the smart phones can be used as the vehicle key to lock/unlock the doors and start the engine using near field communication (NFC) or Bluetooth technology.

Technavio’s analysts forecast the global automotive digital key market to grow at a CAGR of 10.53% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive digital key market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Automotive Digital Key Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bosch
  • Continental
  • Ericsson
  • SAMSUNG
  • Valeo
Market driver
  • Increasing demand for car sharing and car rental services
  • For a full, detailed list, view our report
Market challenge
  • Cyber security issues
  • For a full, detailed list, view our report
Market trend
  • Digital key accessibility when smart device runs out of charge
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Automotive Digital Key Market 2018-2022

Technavio recognizes the following companies as the key players in the global automotive digital key market: Bosch, Continental, Ericsson, SAMSUNG, and Valeo.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is digital key accessibility when smart device runs out of charge. Since the automotive digital key is a new market, which is in the innovation phase of the product life cycle, the testing and the relative advancements are being brought rapidly. One of the important issues during the initial testing phase of the automotive digital key is the need for a solution for the accessibility of vehicle when the smart device runs out of charge.”

According to the report, one driver in the market is increasing demand for car sharing and car rental services. Automotive digital key has a huge advantage of sharing the digital key to other users through a mobile phone app. Sharing the digital key of the vehicle with other users like friends or family would be the outcome of the technology, whereas monetizing with this technology would become the development of this market. This major advantage of sharing key digitally without the need for any physical presence could ease up the work for car-sharing and car rental companies.

Further, the report states that one challenge in the market is cyber security issues. It is important that along with advances in technology, security quotient of vehicles is also improved. The technological developments in mobile phones have brought evolution in the security of those devices. Security in smart devices was earlier restricted to password protection but has now extended to fingerprint scan and face detection. The technological advancements in the automotive key should parallelly enhance the security factor associated with it.

Companies Mentioned

Bosch, Continental, Ericsson, SAMSUNG, and Valeo.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Related market
      • Table Global automotive digital key market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global - Market size and forecast 2017-2022 (mn units)
      • Table Global - Year-over-year growth 2018-2022 (%)
      • Table Value chain analysis of the global automotive digital key market
      • Table Product life cycle of the global automotive digital key market 2017
      • Table Product life cycle of the global automotive digital key market 2022
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Personal use - Market size and forecast 2017- 2022
      • Table Personal use - Market size and forecast 2017-2022 (mn units)
      • Table Personal use - Year-over-year growth 2018-2022 (%)
    • Car sharing and car rental - Market size and forecast 2017-2022
      • Table Car sharing and car rental - Market size and forecast 2017-2022 (mn units)
      • Table Car sharing and car rental - Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 (mn units)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 (mn units)
      • Table Americas - Year-over-year growth 2018-2022 (%)
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 (mn units)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Means of vehicle theft in 2010 and 2016
  • Market trends
    • Digital key accessibility when smart device runs out of charge
    • Digital key to use all connected systems
    • Smart wearables as digital key
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive benchmarking
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Bosch
      • Table Vendor overview
      • Table Bosch - Business segments
      • Table Bosch - Organizational developments
      • Table Bosch - Geographic focus
      • Table Bosch - Segment focus
      • Table Bosch - Key offerings
    • Continental
      • Table Vendor overview
      • Table Continental- Business segments
      • Table Continental- Organizational developments
      • Table Continental- Geographic focus
      • Table Continental- Segment focus
      • Table Continental- Key offerings
    • Ericsson
      • Table Vendor overview
      • Table Ericsson - Business segments
      • Table Ericsson - Organizational developments
      • Table Ericsson - Geographic focus
      • Table Ericsson - Segment focus
      • Table Ericsson - Key offerings
    • SAMSUNG
      • Table Vendor overview
      • Table SAMSUNG- Business segments
      • Table SAMSUNG - Organizational developments
      • Table SAMSUNG - Geographic focus
      • Table SAMSUNG - Segment focus
      • Table SAMSUNG - Key offerings
    • Valeo
      • Table Vendor overview
      • Table Valeo - Business segments
      • Table Valeo- Organizational developments
      • Table Valeo - Geographic focus
      • Table Valeo - Segment focus
      • Table Valeo - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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