Global Connected Car Market will be Worth $25.2Bn in 2014

Monday 2 December 2013, Amsterdam

The new analysis indicates that the global Connected Car market will be worth $25.2bn in 2014, as global regulations for safety and security and increased demand for wireless connectivity drive in-vehicle connectivity.

The author of The Connected Car Market 2014-2024: Telematics for in Vehicle Safety, Security and Infotainment report commented that “Growth in the Connected Car market is mainly driven by two factors. First, the increased demand for wireless connectivity, demonstrated by the high level of penetration of smartphones and tablets, drives the automotive industry to adjust to new lifestyle consensus and incorporate in-vehicle internet connectivity solutions. Second, global regulatory mandates (eCall in EU, GLONASS in Russia, SVT in Brazil) require the usage of telematics for safety purposes and the installation of basic Telematics Control Units (TCU) in all new vehicles in Europe from 2015 and in other countries from 2016 onwards. These drivers offer the opportunity for new revenue streams and enhancement of customer loyalty within the Connected Car ecosystem. Still though, the Connected Car needs to overcome data privacy and driver-distraction concerns in order to become a standard feature”.


The report contains

204 tables, charts and graphs that add visual analysis in order to explain developing trends within the Connected Car market, forecasts for the period 2014-2024 in terms of revenues ($bn) and units (ml) for the Global Connected Car market. In addition, 5 regional and12 leading national Connected Car markets are forecasted and analysed over the period 2014-2024. The global Connected Car market is segmented into two submarkets. By type of connectivity: (Embedded solutions, Integrated solutions, Tethered solutions) and By service provider (OEM hardware, Aftermarket hardware, Telematics hardware, Connectivity hardware submarkets)

The report also provides profiles of 17 leading companies operating within the market, and

One exclusive interview with a principal player in the Connected Car market WirelessCar, providing expert insight complementing analysis.


The Connected Car Market 2014-2024: Telematics for in Vehicle Safety, Security and Infotainment report will be of value to current and future potential investors into the automotive industry, as well as companies and research centres who wish to broaden their knowledge of the Connected Car market.