Global $136,068 Million Connected Car Market to 2028, by Form, Network, Geography and Forecast – | Financial Buzz

Global $136,068 Million Connected Car Market to 2028, by Form, Network, Geography and Forecast –

The “Connected Car Market by Service, by Form, by Network, Geography, and Forecast” report has been added to’s offering.

The Connected Car Market was valued at USD 40,419.98 Million in 2020 and is projected to reach USD 136,068.40 Million by 2028, growing at a CAGR of 17.18% from 2021 to 2028.

Governments in various countries are focusing on mandating various Advanced Driver-Assistance Systems (ADAS) and safety features to prevent deaths and injuries by reducing the number of car accidents. Thus, the increase in ADAS features in cars is primarily driving the Connected Car Market.

This report provides an all-inclusive environment of the analysis for the Connected Car Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Connected Car Market growth.

Along with the market overview, which comprises of the market dynamics the chapter includes a Porter’s Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the Connected Car Market. It explains the various participants, such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Connected Car Market.

The Global Connected Car Market is segmented based on Service, Form, Network, and Geography. The report provides a valuable insight with an emphasis on the global market including some of the major players such as Bosch, Continental AG, Delphi Technologies PLC, DENSO Corporation, Harman International Industries, Inc., Infineon Technologies AG, NXP Semiconductors N.V., Toyota Motor Corporation, Valeo, ZF Friedrichshafen AG, and BorgWarner.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Market Outlook

4.1 Global Connected Car Market Outlook

4.2 Drivers

4.2.1 Increased Demand for Enhanced User Comfort, Safety, and Convenience

4.2.2 Rising Urbanization Along With Growing Demand for Advanced Traffic Management Systems

4.3 Restraints

4.3.1 Issues Pertaining to Safety and Security

4.3.2 Lack of Infrastructure for Proper Functioning of Connected Cars

4.4 Opportunities

4.4.1 Emergence of Various Technologies Such as 5G and AI

4.4.2 Increasing Awareness Regarding Vehicle Safety

4.5 Trends

4.5.1 Increasing Number of Product Development and Partnerships/Collaborations Among Market Players

4.6 Impact of Covid – 19 on Connected Car Market

4.7 Porters Five Force Model

5 Market, by Network

6 Market, by Form

7 Market, by Service

8 Market, by Geography

9 Competitive Landscape

10 Company Profiles

  • Bosch
  • Continental AG
  • Delphi Technologies PLC
  • DENSO Corporation
  • Harman International Industries Inc.
  • Infineon Technologies AG
  • NXP Semiconductors N.V.
  • Toyota Motor Corporation
  • Valeo
  • ZF Friedrichshafen AG
  • BorgWarner

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