Connected Vehicle Cloud Market Report: Trends, Forecast and Competitive Analysis to 2030

Connected Vehicle Cloud Trends and Forecast

The future of the global connected vehicle cloud market looks promising with opportunities in the private cloud, public cloud, and hybrid cloud markets. The global connected vehicle cloud market is expected to grow with a CAGR of 13.5% from 2024 to 2030. The major drivers for this market are increasing demand for connected vehicles, rising trend of new technologies like AI and machine learning, and growing demand for data-driven services.

A more than 150-page report is developed to help in your business decisions.

Connected Vehicle Cloud by Segment

The study includes a forecast for the global connected vehicle cloud by deployment model, connectivity mode, vehicle type, service type, and region.

Connected Vehicle Cloud Market by Deployment model [Shipment Analysis by Value from 2018 to 2030]:

• Private Cloud
• Public Cloud
• Hybrid Cloud

Connected Vehicle Cloud Market by Connectivity Mode [Shipment Analysis by Value from 2018 to 2030]:

• Embedded Connectivity
• Integrated Connectivity
• Tethered Connectivity

Connected Vehicle Cloud Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]:

• Passenger Vehicles
• Commercial Vehicles

Connected Vehicle Cloud Market by Service Type [Shipment Analysis by Value from 2018 to 2030]:

• Vehicle Management
• Infotainment Services
• Safety And Security Services
• Driver Assistance Services

Connected Vehicle Cloud Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Connected Vehicle Cloud Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies connected vehicle cloud companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the connected vehicle cloud companies profiled in this report include-

• Microsoft
• IBM
• Amazon Web Services
• Google
• Oracle
• Cisco
• Verizon Communications

Connected Vehicle Cloud Market Insights

Lucintel forecasts that private cloud is expected to witness higher growth over the forecast period due to its strong and secure infrastructure designed to meet the complex needs of connected vehicles.

Within this market, passenger vehicle will remain the largest segment due to increasing penetration of connected car features, such as infotainment, navigation, and safety features in passenger cars.

APAC is expected to witness highest growth over the forecast period due to increasing automotive production and rising safety standards in the region.

Features of the Global Connected Vehicle Cloud Market

Market Size Estimates: Connected vehicle cloud market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Connected vehicle cloud market size by various segments, such as by deployment model, connectivity mode, vehicle type, service type, and region in terms of value ($B).

Regional Analysis: Connected vehicle cloud market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different deployment models, connectivity modes, vehicle types, service types, and regions for the connected vehicle cloud market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the connected vehicle cloud market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the connected vehicle cloud market size?

Answer: The global connected vehicle cloud market is expected to reach an estimated $xx billion by 2030.

Q.2 What is the growth forecast for connected vehicle cloud market?

Answer: The global connected vehicle cloud market is expected to grow with a CAGR of 13.5% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the connected vehicle cloud market?

Answer: The major drivers for this market are increasing demand for connected vehicles, rising trend of new technologies like AI and machine learning, and growing demand for data-driven services.

Q4. What are the major segments for connected vehicle cloud market?

Answer: The future of the connected vehicle cloud market looks promising with opportunities in the private cloud, public cloud, and hybrid cloud markets.

Q5. Who are the key connected vehicle cloud market companies?

Answer: Some of the key connected vehicle cloud companies are as follows:

• Microsoft
• IBM
• Amazon Web Services
• Google
• Oracle
• Cisco
• Verizon Communications

Q6. Which connected vehicle cloud market segment will be the largest in future?

Answer: Lucintel forecasts that private cloud is expected to witness higher growth over the forecast period due to its strong and secure infrastructure designed to meet the complex needs of connected vehicles.

Q7. In connected vehicle cloud market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to increasing automotive production and rising safety standards in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the connected vehicle cloud market by deployment model (private cloud, public cloud, and hybrid cloud), connectivity mode (embedded connectivity, integrated connectivity, and tethered connectivity), vehicle type (passenger vehicles and commercial vehicles), service type (vehicle management, infotainment services, safety and security services, and driver assistance services), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?