Top 20 Connected Car Companies 2016 Report Identifies the Ones to Watch in the $35.7bn Connected Car Market Space

Tuesday 12 July 2016, Amsterdam

The growth of the connected car market since 2015 has been unprecedented in nature. The automotive industry has borne witness to one of the most innovative and revolutionary concepts of vehicle technology, which is developing at a rapid rate. Over the next ten years, in-vehicle connectivity is widely expected to flourish and encompass the entire car industry of the developed world. Now, as we come to a crucial crossroads in the evolution of the connected vehicle, diverse companies such as tech giants, mobile network operators, specialised chipmakers and technology innovators are entering this burgeoning space. This brand new analysis identifies the 20 leading connected car companies in 2016 and provides a detailed ranking of their connected car revenues, market share and competitive positioning. The information provided is a crucial step in understanding the nature of this young, dynamic market space.

This report reveals the competitive landscape in the connected car market in 2016 and focuses on ranking the 20 leading connected car companies by revenues and market share. In 2016, the connected car market amounts to $35.7bn and is dominated by OEM embedded in-car connectivity solutions and aftermarket telematics hardware providers. However, the market is experiencing the entrance of new players, including telecom and internet giants who are competing to win new customers as in-car connectivity becomes a significant selling point.

At the same time global regulatory mandates, such as eCall in the EU, GLONASS in Russia, and Contran 245 in Brazil, will further fuel growth in the connected car market creating opportunities to the ecosystem - car manufacturers, OEM and aftermarket hardware providers, telematics services providers and software developers - to offer a broad range of new services that could lead to new revenue streams and enhancement of customer loyalty.

As a consequence, industry leaders will be those who introduce new and innovative products, prevail in the standardisation of technologies for in-car connectivity, design cost-effective business models and proceed to the formation of new synergies that will expand their market share.