Connected Car Market Size & Share Analysis - Emerging Trends, Growth Opportunities, Competitive Landscape, and Forecasts (2025

Description

The global connected car market is witnessing rapid growth, projected to rise from USD 92.34 billion in 2024 to USD 328.45 billion by 2032, growing at a robust CAGR of 17.31%. This expansion is driven by the increasing demand for luxury vehicles, advancements in Internet of Things (IoT) technology, the rising adoption of autonomous vehicles, and growing concerns over safety and security. As more vehicles integrate advanced driver assistance systems (ADAS), connectivity features such as vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) are becoming increasingly essential to improve the driving experience and reduce accidents.

The increasing demand for AI-powered in-vehicle infotainment systems and advancements in 5G connectivity are also key factors driving the market. These systems are transforming vehicles into smart, connected hubs, enabling real-time navigation, entertainment, and safety features that enhance the overall driving experience. Moreover, as urbanization accelerates, the need for solutions to tackle traffic congestion and parking challenges further supports the integration of connected car technologies.

Key Insights

The connected car market is witnessing the growing importance of IoT integration in the automotive sector. IoT is revolutionizing the industry by providing an array of advanced connectivity solutions, including real-time vehicle tracking, predictive maintenance, and enhanced driver safety. As the industry embraces IoT technologies, automakers are increasingly collaborating with technology providers to enhance connectivity and improve the overall driving experience.

The driver assistance services segment is the largest contributor to the market, driven by the widespread adoption of ADAS features such as automatic emergency braking, pedestrian detection, and lane-keeping assist. Governments worldwide are mandating the installation of these systems in vehicles to improve road safety, further boosting market growth. In addition, the mobility management category is expected to experience the fastest growth, driven by the increasing use of shared mobility services like ride-hailing and carsharing, which require advanced connected car solutions for fleet management, efficiency, and safety.

Regionally, North America remains the largest market for connected cars, owing to high vehicle adoption rates and regulatory support. However, the Asia-Pacific (APAC) region is expected to witness the fastest growth, driven by increasing vehicle production, the rise in smart city initiatives, and the adoption of connected vehicles in emerging economies like China and India.

The connected car market is evolving rapidly as automakers, technology vendors, and consumers demand more integrated, intelligent solutions to improve driving safety, convenience, and efficiency. This growth is expected to continue, driven by advancements in connectivity, AI, and IoT, offering new opportunities for market participants.

Product Code: 10574

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by type
- 1.4.2. Market size breakdown, by application
- 1.4.3. Market size breakdown, by end user
- 1.4.4. Market size breakdown, by region
- 1.4.5. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Global Market

6.1. Overview
6.2. Market Revenue, by Service (2019-2030)
6.3. Market Revenue, by Technology (2019-2030)
6.4. Market Revenue, by Application (2019-2030)
6.5. Market Revenue, by Connectivity (2019-2030)
6.6. Market Revenue, by End User (2019-2030)
6.7. Market Revenue, by Region (2019-2030)

Chapter 7. North America Market

7.1. Overview
7.2. Market Revenue, by Service (2019-2030)
7.3. Market Revenue, by Technology (2019-2030)
7.4. Market Revenue, by Application (2019-2030)
7.5. Market Revenue, by Connectivity (2019-2030)
7.6. Market Revenue, by End User (2019-2030)
7.7. Market Revenue, by Country (2019-2030)

Chapter 8. Europe Market

8.1. Overview
8.2. Market Revenue, by Service (2019-2030)
8.3. Market Revenue, by Technology (2019-2030)
8.4. Market Revenue, by Application (2019-2030)
8.5. Market Revenue, by Connectivity (2019-2030)
8.6. Market Revenue, by End User (2019-2030)
8.7. Market Revenue, by Country (2019-2030)

Chapter 9. APAC Market

9.1. Overview
9.2. Market Revenue, by Service (2019-2030)
9.3. Market Revenue, by Technology (2019-2030)
9.4. Market Revenue, by Application (2019-2030)
9.5. Market Revenue, by Connectivity (2019-2030)
9.6. Market Revenue, by End User (2019-2030)
9.7. Market Revenue, by Country (2019-2030)

Chapter 10. LATAM Market

10.1. Overview
10.2. Market Revenue, by Service (2019-2030)
10.3. Market Revenue, by Technology (2019-2030)
10.4. Market Revenue, by Application (2019-2030)
10.5. Market Revenue, by Connectivity (2019-2030)
10.6. Market Revenue, by End User (2019-2030)
10.7. Market Revenue, by Country (2019-2030)

Chapter 11. MEA Market

11.1. Overview
11.2. Market Revenue, by Service (2019-2030)
11.3. Market Revenue, by Technology (2019-2030)
11.4. Market Revenue, by Application (2019-2030)
11.5. Market Revenue, by Connectivity (2019-2030)
11.6. Market Revenue, by End User (2019-2030)
11.7. Market Revenue, by Country (2019-2030)

Chapter 12. U.S. Market

12.1. Overview
12.2. Market Revenue, by Service (2019-2030)
12.3. Market Revenue, by Technology (2019-2030)
12.4. Market Revenue, by Application (2019-2030)
12.5. Market Revenue, by Connectivity (2019-2030)
12.6. Market Revenue, by End User (2019-2030)

Chapter 13. Canada Market

13.1. Overview
13.2. Market Revenue, by Service (2019-2030)
13.3. Market Revenue, by Technology (2019-2030)
13.4. Market Revenue, by Application (2019-2030)
13.5. Market Revenue, by Connectivity (2019-2030)
13.6. Market Revenue, by End User (2019-2030)

Chapter 14. Germany Market

14.1. Overview
14.2. Market Revenue, by Service (2019-2030)
14.3. Market Revenue, by Technology (2019-2030)
14.4. Market Revenue, by Application (2019-2030)
14.5. Market Revenue, by Connectivity (2019-2030)
14.6. Market Revenue, by End User (2019-2030)

Chapter 15. France Market

15.1. Overview
15.2. Market Revenue, by Service (2019-2030)
15.3. Market Revenue, by Technology (2019-2030)
15.4. Market Revenue, by Application (2019-2030)
15.5. Market Revenue, by Connectivity (2019-2030)
15.6. Market Revenue, by End User (2019-2030)

Chapter 16. U.K. Market

16.1. Overview
16.2. Market Revenue, by Service (2019-2030)
16.3. Market Revenue, by Technology (2019-2030)
16.4. Market Revenue, by Application (2019-2030)
16.5. Market Revenue, by Connectivity (2019-2030)
16.6. Market Revenue, by End User (2019-2030)

Chapter 17. Italy Market

17.1. Overview
17.2. Market Revenue, by Service (2019-2030)
17.3. Market Revenue, by Technology (2019-2030)
17.4. Market Revenue, by Application (2019-2030)
17.5. Market Revenue, by Connectivity (2019-2030)
17.6. Market Revenue, by End User (2019-2030)

Chapter 18. Spain Market

18.1. Overview
18.2. Market Revenue, by Service (2019-2030)
18.3. Market Revenue, by Technology (2019-2030)
18.4. Market Revenue, by Application (2019-2030)
18.5. Market Revenue, by Connectivity (2019-2030)
18.6. Market Revenue, by End User (2019-2030)

Chapter 19. Japan Market

19.1. Overview
19.2. Market Revenue, by Service (2019-2030)
19.3. Market Revenue, by Technology (2019-2030)
19.4. Market Revenue, by Application (2019-2030)
19.5. Market Revenue, by Connectivity (2019-2030)
19.6. Market Revenue, by End User (2019-2030)

Chapter 20. China Market

20.1. Overview
20.2. Market Revenue, by Service (2019-2030)
20.3. Market Revenue, by Technology (2019-2030)
20.4. Market Revenue, by Application (2019-2030)
20.5. Market Revenue, by Connectivity (2019-2030)
20.6. Market Revenue, by End User (2019-2030)

Chapter 21. India Market

21.1. Overview
21.2. Market Revenue, by Service (2019-2030)
21.3. Market Revenue, by Technology (2019-2030)
21.4. Market Revenue, by Application (2019-2030)
21.5. Market Revenue, by Connectivity (2019-2030)
21.6. Market Revenue, by End User (2019-2030)

Chapter 22. Australia Market

22.1. Overview
22.2. Market Revenue, by Service (2019-2030)
22.3. Market Revenue, by Technology (2019-2030)
22.4. Market Revenue, by Application (2019-2030)
22.5. Market Revenue, by Connectivity (2019-2030)
22.6. Market Revenue, by End User (2019-2030)

Chapter 23. South Korea Market

23.1. Overview
23.2. Market Revenue, by Service (2019-2030)
23.3. Market Revenue, by Technology (2019-2030)
23.4. Market Revenue, by Application (2019-2030)
23.5. Market Revenue, by Connectivity (2019-2030)
23.6. Market Revenue, by End User (2019-2030)

Chapter 24. Brazil Market

24.1. Overview
24.2. Market Revenue, by Service (2019-2030)
24.3. Market Revenue, by Technology (2019-2030)
24.4. Market Revenue, by Application (2019-2030)
24.5. Market Revenue, by Connectivity (2019-2030)
24.6. Market Revenue, by End User (2019-2030)

Chapter 25. Mexico Market

25.1. Overview
25.2. Market Revenue, by Service (2019-2030)
25.3. Market Revenue, by Technology (2019-2030)
25.4. Market Revenue, by Application (2019-2030)
25.5. Market Revenue, by Connectivity (2019-2030)
25.6. Market Revenue, by End User (2019-2030)

Chapter 26. Saudi Arabia Market

26.1. Overview
26.2. Market Revenue, by Service (2019-2030)
26.3. Market Revenue, by Technology (2019-2030)
26.4. Market Revenue, by Application (2019-2030)
26.5. Market Revenue, by Connectivity (2019-2030)
26.6. Market Revenue, by End User (2019-2030)

Chapter 27. South Africa Market

27.1. Overview
27.2. Market Revenue, by Service (2019-2030)
27.3. Market Revenue, by Technology (2019-2030)
27.4. Market Revenue, by Application (2019-2030)
27.5. Market Revenue, by Connectivity (2019-2030)
27.6. Market Revenue, by End User (2019-2030)

Chapter 28. U.A.E. Market

28.1. Overview
28.2. Market Revenue, by Service (2019-2030)
28.3. Market Revenue, by Technology (2019-2030)
28.4. Market Revenue, by Application (2019-2030)
28.5. Market Revenue, by Connectivity (2019-2030)
28.6. Market Revenue, by End User (2019-2030)

Chapter 29. Competitive Landscape

29.1. List of Market Players and their Offerings
29.2. Competitive Benchmarking of Key Players
29.3. Product Benchmarking of Key Players
29.4. Recent Strategic Developments

Chapter 30. Company Profiles

30.1. Robert Bosch GmBH
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
30.2. DENSO CORPORATION
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
30.3. Valeo SA
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
30.4. NXP Semiconductors N.V.
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
30.5. Delphi Technologies PLC
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
30.6. Infineon Technologies AG
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
30.7. TE Connectivity Ltd.
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
30.8. Continental AG
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
30.9. Panasonic Holdings Corporation
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
30.10. ZF Friedrichshafen AG
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary

Chapter 1. Appendix

1.1. Abbreviations
1.2. Sources and References
1.3. Related Reports

Connected Car Market Size & Share Analysis - Emerging Trends, Growth Opportunities, Competitive Landscape, and Forecasts (2025 - 2032)