The Connected Vehicle Market Report 2024-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Technological Advancements Driving Innovation in Automotive Connectivity
The automotive industry is witnessing a seismic shift driven by rapid advancements in technology, particularly in the realms of artificial intelligence, Internet of Things (IoT), and 5G connectivity. These transformative technologies are reshaping the landscape of connected vehicles, enabling seamless communication between vehicles, infrastructure, and external devices. By harnessing AI-powered algorithms and high-speed 5G networks, connected vehicles can access real-time data, anticipate traffic patterns, and communicate with smart infrastructure, paving the way for enhanced safety, efficiency, and convenience on the roads.
Data Privacy and Security Technology Hinder the Market Growth
Data privacy and security concerns represent significant restraining factors hindering the growth of the connected vehicles market. As vehicles become increasingly connected and reliant on data exchange, ensuring the privacy and security of sensitive information becomes paramount. One of the primary challenges is the potential vulnerability of connected vehicles to cyber threats and malicious attacks. Hackers could exploit vulnerabilities in vehicle systems to gain unauthorized access, manipulate vehicle functions, or steal personal and sensitive data, posing serious safety and privacy risks to drivers and passengers. Moreover, the complexity of connected vehicle systems and the interconnected nature of automotive ecosystems make them susceptible to various cyber threats, including malware, ransomware, and phishing attacks. The interconnectedness of vehicle components, such as infotainment systems, telematics units, and onboard sensors, creates multiple entry points for cyber attackers to exploit, necessitating robust cybersecurity measures to mitigate risks effectively.
What Questions Should You Ask before Buying a Market Research Report?
- How is the connected vehicle market evolving?
- What is driving and restraining the connected vehicle market?
- How will each connected vehicle submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
- How will the market shares for each connected vehicle submarket develop from 2024 to 2034?
- What will be the main driver for the overall market from 2024 to 2034?
- Will leading connected vehicle markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
- Who are the leading players and what are their prospects over the forecast period?
- What are the connected vehicle projects for these leading companies?
- How will the industry evolve during the period between 2024 and 2034? What are the implications of connected vehicle projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the connected vehicle market?
- Where is the connected vehicle market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the connected vehicle market today, and over the next 10 years:
- Our 444-page report provides 131 tables and 202 charts/graphs exclusively to you.
- The report highlights key lucrative areas in the industry so you can target them – NOW.
- It contains in-depth analysis of global, regional and national sales and growth.
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the connected vehicle market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
Forecasts to 2034 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2034, our new study provides you with recent results, growth rates, and market shares.
- You will find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising connected vehicle prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.
Segments Covered in the Report
Market Segment by Network
- Dedicated short-range communications (DSRC)
- Cellular Network
Market Segment by Connectivity Solutions
- Embedded Connectivity Solutions
- Tethered Connectivity Solutions
- Integrated Connectivity Platforms
Market Segment by Software
- Vehicle Operating Systems
- Over-the-Air (OTA) Software Updates
- Data Analytics and Insights Platforms
- Cybersecurity Solutions
Market Segment by V2X Communication
- Vehicle-to-Vehicle (V2V) Comms
- Vehicle-to-Infrastructure (V2I) Comms
- Vehicle-to-Pedestrian (V2P) Comms
- Vehicle-to-Grid (V2G) Comms
- Other V2X Communication
Market Segment by Component
- Vehicle Connectivity Solutions
- Connected Services
- Connected Hardware
- Connected Software
- Vehicle-to-Everything (V2X) Communication
- Other Components
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:
North America
- U.S.
- Canada
Europe
- Germany
- Spain
- United Kingdom
- France
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa