South & Central America Connected Vehicle Market Forecast to 2030 - Regional Analysis - by Technology, Connectivity, and Application

Description

List of Tables

The South & Central America connected vehicle market was valued at US$ 3,190.56 million in 2022 and is expected to reach US$ 13,356.81 million by 2030; it is estimated to record a CAGR of 19.6% from 2022 to 2030.

Increasing Smart City Initiatives Drive South & Central America Connected Vehicle Market

The impact of smart cities and infrastructure development on the demand for the connected vehicle market in the coming years is poised to be transformative. As cities across the globe continue to evolve into intelligent, tech-driven urban centers, the synergy between these developments and the connected vehicle market is set to shape the future of urban mobility. The growing emphasis on innovative city initiatives drives investments in infrastructure supporting connected vehicles. These investments encompass the deployment of sensors, data networks, and real-time traffic management systems that create a rich ecosystem of data that is favorable for the connected vehicles industry. As smart cities increasingly prioritize environmental sustainability, the demand for connected vehicles, particularly electric and hybrid models, is expected to surge. These cities actively promote eco-friendly transportation options to reduce emissions and combat pollution. Connected vehicles play a pivotal role in this endeavor by offering features such as energy management, remote diagnostics, and optimized charging, all of which contribute to a greener, more sustainable urban transportation ecosystem. As cities continue to incentivize and invest in green mobility solutions, the market demand for connected vehicles with environmentally friendly features is set to grow substantially.

South & Central America Connected Vehicle Market Overview

The South America automotive industry is a dynamic and evolving sector characterized by a wide range of vehicles, from compact cars to rugged off-road vehicles. Amidst this diverse landscape, the connected vehicle industry is emerging as a game-changer, enhancing not only the driving experience but also contributing to the region's economic and environmental goals. Brazil is the largest automotive market in South America. Brazilian automakers are incorporating advanced telematics systems and infotainment features into their vehicles, allowing consumers to stay connected while on the road. With a focus on enhancing the overall driving experience, Argentine consumers are increasingly opting for vehicles equipped with advanced connectivity features, such as smartphone integration and remote vehicle management.

South & Central America Connected Vehicle Market Revenue and Forecast to 2030 (US$ Million)

South & Central America Connected Vehicle Market Segmentation

The South & Central America connected vehicle market is segmented based on technology, connectivity, application, and country. Based on technology, the South & Central America connected vehicle market is categorized into 5G, 4G/LTE, and 3G & 2G. The 4G/LTE segment held the largest market share in 2022.

In terms of connectivity, the South & Central America connected vehicle market is segmented into integrated, tethered, and embedded. The integrated segment held the largest market share in 2022.

By application, the South & Central America connected vehicle market is categorized into telematics, infotainment, driving assistance, and others. The infotainment segment held the largest market share in 2022.

Based on country, the South & Central America connected vehicle market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America connected vehicle market share in 2022.

AT & T, Audi AG, Bayerische Motoren Werke AG, Continental AG, Denso, General Motors Co, Harman International Industries Inc, Robert Bosch GmbH, Visteon Corp, and Vodafone Group Plc are some of the leading companies operating in the South & Central America connected vehicle market.

Product Code: BMIRE00030185

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. South & Central America Connected Vehicle Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 Automakers and OEMs
- 4.2.2 Tier 1 Suppliers
- 4.2.3 Tier 2 and Tier 3 Suppliers
- 4.2.4 Telecommunications Providers
- 4.2.5 Technology Providers
- 4.2.6 Government Regulations and Standards Bodies
- 4.2.7 Data Providers
- 4.2.8 Logistics and Distribution
- 4.2.9 Service and Maintenance Providers
- 4.2.10 End Users
- 4.2.11 Aftermarket Providers

5. South & Central America Connected Vehicle Market - Key Industry Dynamics

5.1 Connected Vehicle Market - Key Industry Dynamics
5.2 Market Drivers
- 5.2.1 Growing Demand For Driving Assistance System
- 5.2.2 Advancements in Connectivity Technology
5.3 Market Restraints
- 5.3.1 Data Privacy and Security Concerns
- 5.3.2 High Initial Costs and Affordability Concerns
5.4 Market Opportunities
- 5.4.1 Increasing Smart City Initiatives
- 5.4.2 Adoption of Autonomous vehicles
5.5 Future Trends
- 5.5.1 Connected Car Data Monetization
5.6 Impact of Drivers and Restraints:

6. Connected Vehicle Market - South & Central America Market Analysis

6.1 Connected Vehicle Market Revenue (US$ Million), 2022 - 2030
6.2 Connected Vehicle Market Forecast and Analysis

7. South & Central America Connected Vehicle Market Analysis - Technology

7.1 Connected Vehicle Market, By Technology (2022 and 2030)
7.2 5G
- 7.2.1 Overview
- 7.2.2 5G Market, Revenue and Forecast to 2030 (US$ Million)
7.3 4G
- 7.3.1 Overview
- 7.3.2 4G Market, Revenue and Forecast to 2030 (US$ Million)
7.4 3G & 2G
- 7.4.1 Overview
- 7.4.2 3G & 2G Market, Revenue and Forecast to 2030 (US$ Million)

8. South & Central America Connected Vehicle Market Analysis - Connectivity

8.1 Connected Vehicle Market, By Connectivity (2022 and 2030)
8.2 Integrated
- 8.2.1 Overview
- 8.2.2 Integrated Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Tethered
- 8.3.1 Overview
- 8.3.2 Tethered Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Embedded
- 8.4.1 Overview
- 8.4.2 Embedded Market, Revenue and Forecast to 2030 (US$ Million)

9. South & Central America Connected Vehicle Market Analysis - Application

9.1 Connected Vehicle Market, By Application (2022 and 2030)
9.2 Telematics
- 9.2.1 Overview
- 9.2.2 Telematics Market, Revenue and Forecast to 2030 (US$ Million)
9.3 Infotainment
- 9.3.1 Overview
- 9.3.2 Infotainment Market, Revenue and Forecast to 2030 (US$ Million)
9.4 Driving assistance
- 9.4.1 Overview
- 9.4.2 Driving assistance Market, Revenue and Forecast to 2030 (US$ Million)
9.5 Others
- 9.5.1 Overview
- 9.5.2 Others Market, Revenue and Forecast to 2030 (US$ Million)

10. South & Central America Connected Vehicle Market - Country Analysis

10.1 South & Central America
- 10.1.1 Overview
- 10.1.2 South & Central America Connected Vehicle Market Revenue and Forecasts and Analysis - By Country
  - 10.1.2.1 Brazil Connected Vehicle Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.2.1.1 Brazil Connected Vehicle Market Breakdown by Technology
    - 10.1.2.1.2 Brazil Connected Vehicle Market Breakdown by Connectivity
    - 10.1.2.1.3 Brazil Connected Vehicle Market Breakdown by Application
  - 10.1.2.2 Argentina Connected Vehicle Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.2.2.1 Argentina Connected Vehicle Market Breakdown by Technology
    - 10.1.2.2.2 Argentina Connected Vehicle Market Breakdown by Connectivity
    - 10.1.2.2.3 Argentina Connected Vehicle Market Breakdown by Application
  - 10.1.2.3 Rest of South & Central America Connected Vehicle Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.2.3.1 Rest of South & Central America Connected Vehicle Market Breakdown by Technology
    - 10.1.2.3.2 Rest of South & Central America Connected Vehicle Market Breakdown by Connectivity
    - 10.1.2.3.3 Rest of South & Central America Connected Vehicle Market Breakdown by Application

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition

12. Company Profiles

12.1 Harman International Industries Inc
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Robert Bosch GmbH
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 AT&T Inc
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Denso Corp
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Visteon Corp
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Continental AG
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Audi AG
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 General Motors Co
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Bayerische Motoren Werke AG
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10 Vodafone Group Plc
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 Key Developments

13. Appendix

13.1 About The Insight Partners