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Global Connected Car Market 2016-2020

Global Connected Car Market 2016-2020

About Connected Car

The OEM segment of the global connected car market has many vendors. The aftermarket segment of the market has intense competition, which is expected to intensify during the forecast period as a result of product extensions and technological innovations. Many international players are expected to grow organically during the forecast period by expanding customer base and creating differentiated product through partnership with technology companies.

Technavio’s analysts forecast the global connected car market to grow at a CAGR of 32.26% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global connected car market for 2016-2020. To calculate the market size, the report considers the revenue generated from the connected car technologies across all regions.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Connected Car Market 2016-2020, 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
  • Alpine Electronics
  • BMW
  • Delphi Automotive
  • Ford Motor
  • NXP Semiconductors
Other prominent vendors
  • Audi
  • Bosch
  • Continental
  • Google
  • Mercedes-Benz
Market driver
  • Automotive OEM push for embedded connectivity in BRIC nations to drive revenue growth.
  • For a full, detailed list, view our report
Market challenge
  • Potential security breach may impact technology adoption.
  • For a full, detailed list, view our report
Market trend
  • Shared data plans to reduce the number of data subscriptions per user.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Connected Car Market 2016-2020

Technavio recognizes the following companies as the key players in the global connected car market: Alpine Electronics, BMW, Delphi Automotive, Ford Motor, and NXP Semiconductors.

Other Prominent Vendors in the market are: Audi, Bosch, Continental, Google, and Mercedes-Benz.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing popularity of LTE data connections in cars will pave the way for Ethernet adoption. Internet access is an integral part of the connected car, and its performance allows the seamless operation of safety systems like ADAS, in addition to entertainment systems. The adoption of 4G LTE by OEMs is increasing in the global connected car market. For instance, GM unveiled the 4G LTE adoption through Chevy Malibu 2015 in June 2014, and Audi A3 is the first 4G LTE connected car in the US. GM has 4G LTE available in Chevy, Buick, and Cadillac models in the US through OnStar, while HSPA+ connectivity is provided by AT&T to Tesla and Volvo.”

According to the report, one driver in the market is government regulations to increase in-vehicle safety and improvement in safety controls. Governments worldwide have increased their efforts to improve safety standards and environmental conditions. Hence, telematics services such as eCall and ERA-GLONASS are increasingly being adopted, which in turn, is leading to increased adoption of telematics. A growing number of government agencies are focusing on preventing distracted driving, as a result, the regulation imposed on the automotive industry and its output has been tightened. To comply with these regulations, Opera launched a recent browser application for use in vehicles and BMW launched a project UR:BAN for advanced driver assistance in 2014. These two examples were a result of increased focus on the connectivity capability in vehicles. In addition, major advances have been made in the development of a web browser designed only for use on the iPhone supporting cars solutions.

Further, the report states that one challenge in the market is design complexity and technological challenges. Vendors are facing challenge in terms of designing a user interface that is affordable, less distracting, simple, and accessible. As applications of automotive connectivity solutions increase, the complexity of the system design required to manage these applications also grow. Advances in technology, immense range of features, and diverse connectivity options have made telematics and infotainment systems sophisticated. The automotive segment saw adoption transformation from radio/audio applications in early years to driver assistance in recent past. The greater the number of applications the more complex the design. In addition, the number of software solutions needed for each application makes automotive connectivity systems complex. Hence, the drivers need to learn how to efficiently handle these complex solutions to gain maximum benefit, and this is a challenge for the global connected car market.



Companies Mentioned

Alpine Electronics, BMW, Delphi Automotive, Ford Motor, NXP Semiconductors, Audi, Bosch, Continental, Google, Mercedes-Benz.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Report coverage
      • Table Scope of the report
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Top 10 countries by GDP 2012-2015 ($ billions)
      • Table Global four wheelers market 2015-2020 (millions of units)
      • Table Global four wheelers market by passenger cars 2015-2020 (millions of units)
      • Table Growth of automotive infotainment system
      • Table Automotive infotainment market 2015-2020 (millions of units)
    • Opportunities for service providers
      • Table Growth opportunities for service providers
    • Overview of digital insurance offering through telematics solution
      • Table Digital insurance offering
    • Connected car: Market dynamics
      • Table Causes for malfunctioning of connected cars
    • Value chain analysis
      • Table Value chain analysis of connected car
  • Market landscape
    • Market overview
      • Table Segmentation of connected car market
    • Development of connected cars
      • Table Connected car developments
    • Connected car technologies
      • Table Connected car technology lifecycle for vehicle segments
    • Market size and forecast
      • Table Global connected car market 2015-2020 ($ billions)
      • Table Global passenger car shipped with connectivity 2015-2020 (millions of units)
      • Table Revenue contribution as per connected car technologies, 2015 and 2020
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by connectivity types
    • Global connected car market by connectivity types
      • Table Segmentation of global connected car market by connectivity type 2015 and 2020
      • Table Global connected car market by connectivity types 2015-2020
    • Global connected car market by embedded solutions
      • Table Global connected car market by embedded solutions 2015-2020 ($ billions)
    • Global connected car market by integrated solutions
      • Table Global connected car market by integrated solutions 2015-2020 ($ billions)
    • Global connected car market by tethered solutions
      • Table Global connected car market by tethered solutions 2015-2020 ($ billions)
  • Market segmentation by application
    • Global connected car segmentation by application
      • Table Global connected car market by application 2015 and 2020
      • Table Global connected car market by application 2015-2020
    • Global connected car market by infotainment system
      • Table Global connected car market by infotainment system 2015-2020 ($ billions)
      • Table Display market for OEMs 2015-2020 (millions of units)
    • Global connected car market by navigation system
      • Table Global connected car market by navigation system 2015-2020 ($ billions)
    • Global connected car market by telematics systems
      • Table Global connected car market by telematics 2015-2020 ($ billions)
  • Global connected market by geography
    • Global connected car market by geography
      • Table Global connected car market by geography 2015 and 2020
      • Table Global connected car market by geography 2015-2020
    • Connected car market in the Americas
      • Table Connected car market in the Americas 2015-2020 ($ billions)
    • Connected car market in EMEA
      • Table Connected car market in EMEA 2015-2020 ($ billions)
    • Connected car market in APAC
      • Table Connected car market in APAC 2015-2020 ($ billions)
      • Table HNWI population by region 2015-2020 (millions)
  • Market drivers
    • Table Key drivers of the global connected car market
    • High correlation between consumer electronics and connected car solutions in terms of components is giving economies of scale benefits
    • Rising demand for smartphone integration
    • Government regulations to increase in-vehicle safety and improvement in safety controls
    • Automotive OEM push for embedded connectivity in BRIC nations to drive revenue growth
      • Table BRIC countries connectivity solutions brief
    • Innovation in OS to drive connected car market
      • Table Automotive infotainment software platforms
  • Market challenges
    • Table Key challenges of the global connected car market
    • Design complexity and technological challenges
    • Potential security breach may impact technology adoption
    • Prioritization of content
    • Short product life of connected car technologies owing to fast advances in passenger's smartphones
  • Market trends
    • Table Key trends of the global connected car market
    • Shared data plans to reduce the number of data subscriptions per user
      • Table Billing models for data services to automotive segment
    • Growing popularity of LTE data connections in cars will pave the way for Ethernet adoption
    • Increase in popularity of predictive driving through contextual help function
    • Big data platform provided by connected cars to push further developments
    • Adoption of Android OS in automotive infotainment market
  • Vendor landscape
    • Competitive benchmarking
      • Table Global connected car vendors
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Alpine Electronics
      • Table Alpine Electronics: Business segmentation by revenue 2015
      • Table Alpine Electronics: Geographical segmentation by revenue 2015
      • Table Alpine Electronics: Product portfolio
    • BMW
      • Table BMW: Business revenue 2014 and 2015 ($ billions)
      • Table BMW business: Geographical segmentation by revenue 2015
      • Table BMW: Product portfolio
    • Delphi Automotive
      • Table Delphi Automotive: Business segmentation by revenue 2015
      • Table Delphi Automotive: Business revenue 2014 and 2015 ($ billions)
      • Table Delphi Automotive: Geographical segmentation by revenue 2015
      • Table Delphi Automotive: Product portfolio
    • Ford Motor
      • Table Ford Motor: Business segmentation by revenue 2015
      • Table Ford Motor: Business revenue 2014 and 2015 ($ billions)
      • Table Ford Motor: Geographical segmentation by revenue 2015
      • Table Ford Motor: Product portfolio
    • NXP Semiconductors
      • Table NXP Semiconductors: Business segmentation by revenue 2015
      • Table NXP Semiconductors: Business revenue 2014 and 2015 ($ billions)
      • Table NXP Semiconductors: Product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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