Automotive Connected Vehicle Technologies Market and Trend Analysis by Technology, Key Companies and Forecast, 2021-2036

Pages: 23 Published: July 15, 2022 Report Code: GDAUS460722

Connected vehicle technologies are one of the four CASE megatrends causing great disruption in the automotive industry – connected cars, autonomous vehicles, shared mobility, and electrification. Connecting vehicles allows a wealth of new digital functionality that can enhance on-board experiences, improve safety, reduce congestion, and increase the efficiency of vehicles and vehicle fleets.

The Automotive Connected Vehicle Technologies market research report provides a comprehensive overview of the global automotive connected vehicle technology sector, major suppliers, top 14 markets, technology trends, and connected vehicle market size forecasts.

Automotive Connected Vehicle Technologies Market Dynamics

All major auto manufacturers and suppliers are committed to developing technologies to help prevent, mitigate and reduce road accidents. To achieve this, they are looking to eliminate human error. By adding connectivity such as V2V (vehicle-to-vehicle), cars may soon be able to ‘see’ their environments, and then share any relevant safety data with all vehicles in the area.

Connected vehicles are seen to engage young drivers and mitigate the economic risks of demotorization. Seamless connectivity is fast becoming a consumer expectation in vehicles, so automakers and suppliers must furnish this need for advanced technology.

The growth of networking technology has brought data connectivity to vehicles, with buyers now expecting to be able to listen to their music streaming services, receive social media posts, and get localized weather, traffic, and news services, on the go.

Key Trends in the Automotive Connected Vehicle Technologies Market

Connected vehicle technology (CVT) encompasses a broad spectrum of overlapping industry developments from internet-enhanced infotainment, to advanced ADAS, to autonomous vehicles and associated mobile apps for the wider mobility value chain.

The auto sector is traditionally regarded as a closed shop, but CVT has seen a broad array of new suppliers and OEMs enter the arena due to an increased reliance on electronics and software which are not auto core competencies. Hence, partnerships between OEMs and new technology companies are increasing to reduce the risk for OEMs and to provide scalable future-proofed solutions.

Cybersecurity and hacking of connected cars are a major concern for the industry and could curtail the progress of OTA software updates, preferred by consumers, with several recent instances of remote hacks being carried out to connected vehicles.

Autonomous vehicles and maximized car sharing, enabled by connectivity, risk much lower new vehicle demand in the future.

Key Use Cases and Applications in Automotive Connected Vehicle Technologies Market

The key use cases and applications for connected vehicle technology are Android Auto, Apple CarPlay, connected vehicle tech for fleets, digital assistants, MirrorLink, navigation, networking in vehicles, parking apps, smartphones in vehicles, and telematics.

Key Themes Impacting the Automotive Connected Vehicle Technologies Sector

Some of the key themes that will impact the connected vehicle technologies sector are 5G, big data, cybersecurity, human-machine interface (HMI), over-the-air (OTA) updates, subscription services, V2X: vehicle-to-X connectivity, and vertical integration of software.

Key Players in the Automotive Connected Vehicle Technologies Market

Some of the key players in the automotive connected vehicle technologies market are Fisker Automotive, Inc., Hughes Telematics, Samsung, Mahindra & Mahindra Limited, Bayerische Motoren Werke (BMW) AG, BYD Auto, Ford Motor Company, Zhejiang Geely Holding Group Co. Ltd, General Motors, and Daimler AG.

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Automotive Connected Vehicle Technologies Market Report Overview

Key Uses Cases and Applications Android Auto, Apple CarPlay, Connected Vehicle Tech for Fleets, Digital Assistants, MirrorLink, Navigation, Networking in Vehicles, Parking Apps, Smartphones in Vehicles, and Telematics
Key Themes 5G, Big Data, Cybersecurity, Human-Machine Interface (HMI), Over-The-Air (OTA) Updates, Subscription Services, V2X: Vehicle-to-X Connectivity, and Vertical Integration of Software
Key Players Fisker Automotive, Inc., Hughes Telematics, Samsung, Mahindra & Mahindra Limited, Bayerische Motoren Werke (BMW) AG, BYD Auto, Ford Motor Company, Zhejiang Geely Holding Group Co. Ltd, General Motors, and Daimler AG

Scope

This report contains an overview of the automotive sector along with detailed related component forecasts, supported by information drawn from GlobalData’s extensive range of sources.

Reasons to Buy

This report has been extracted from GlobaData’s regularly updated online Automotive Intelligence Center. Containing content, tools, and services not found in this report, GlobalData’s AIC offers a cost-effective multi-user car market research solution.

Key Players

Fisker Automotive, Inc.
Hughes Telematics
Samsung
Mahindra and Mahindra Limited
Bayerische Motoren Werke (BMW) AG
BYD Auto
Ford Motor Company
Zhejiang Geely Holding Group Co., Ltd
General Motors
Daimler AG
Fiat-Chrysler Automobiles
Honda Motor Co., Ltd.
Hyundai Motor Group
Nissan Motor Company, Ltd.
PSA Groupe
Renault S.A.
Tata Motors Limited
Tesla, Inc.
Toyota Motor Corporation
Volkswagen AG
Robert Bosch GmbH
Continental AG
Agero Inc
Denso Corporation
Bridgestone Corporation
Valeo SA
Visteon Corporation
Faurecia SA
Hella KGaA Hueck and Co.
Hitachi, Ltd.
Hyundai Mobis Co., Ltd.
INRIX Inc
Panasonic Corporation
ZF Friedrichshafen AG
Harman
OnStar
Microsoft Corp.
BYD Battery

Table of Contents

Table of Contents

1. Main Trends in the Sector

2. PESTER Analysis

Political

Economic

Social

Technological

Environmental

Regulatory

3. Volume forecasts

Smartphone and Embedded Connectivity Fitment and Market Volume Rates

4. Use Cases and Applications

Android Auto

Apple CarPlay

Connected vehicle tech for fleets

Digital assistants

MirrorLink

Navigation

Networking in vehicles

Parking apps

Smartphones in vehicles

Telematics

5. Themes

5G

Big Data

Big data

Cybersecurity

HMI: human-machine interface

Over-the-air (OTA) updates

Subscription services

V2X: Vehicle-to-X connectivity

Vertical integration of software

6. Appendix

What is this Report About?

7. Contact Us

If you have any more questions regarding our research, please contact us

List of Tables

List of Tables

Table 1: Main trends in the Connected vehicle technologies sector

Table 2: Market volumes of smartphone and embedded connectivity units fitted to newly-assembled light vehicles, 2016-2036, (‘000s units)

Table 3: Market fitment/penetration rates of smartphone and embedded connectivity units fitted to newly-assembled light vehicles, 2016-2036, (%)

List of Figures

List of Tables

Table 1: Main trends in the Connected vehicle technologies sector

Table 2: Market volumes of smartphone and embedded connectivity units fitted to newly-assembled light vehicles, 2016-2036, (‘000s units)

Table 3: Market fitment/penetration rates of smartphone and embedded connectivity units fitted to newly-assembled light vehicles, 2016-2036, (%)

Frequently Asked Questions

The key use cases and applications for automotive connected vehicle technology are Android Auto, Apple CarPlay, connected vehicle tech for fleets, digital assistants, MirrorLink, navigation, networking in vehicles, parking apps, smartphones in vehicles, and telematics.

Some of the key themes that will impact the automotive connected vehicle technologies market are 5G, big data, cybersecurity, human-machine interface (HMI), over-the-air (OTA) updates, subscription services, V2X: vehicle-to-X connectivity, and vertical integration of software.

Some of the key players in the automotive connected vehicle technologies market are Fisker Automotive, Inc., Hughes Telematics, Samsung, Mahindra & Mahindra Limited, Bayerische Motoren Werke (BMW) AG, BYD Auto, Ford Motor Company, Zhejiang Geely Holding Group Co. Ltd, General Motors, and Daimler AG.

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