Title: Connected Car Device Market - Forecast (2023 - 2028)
1Connected Car Device Market Forecast(2023 -
2028)
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- The global Connected Cars Market size is
estimated to surpass 170.5 billion mark by 2026
growing at an estimated CAGR of more than
14.4 during the forecast period 2021 to 2026.
The market is driven by progress in level of
autonomous technology and dictate usage of 4G
technology embedded in the car, and 5G coverage
rollout will become ubiquitous. - This game-changing concept is called as
Connected Car, where the car is suitably
defined as a vehicle using mechatronics,
telematics and artificial intelligence
technologies to interact with the environment.
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- Key Takeaways
- The Global OEMs have rapidly boosted innovation
in the area of safety. The finding stated, the
number of accident prevention technology has
increased by more than 500, and Advanced Driver
Assistance System (ADAS) innovation by 400, over
the eight years. - The first benefit is driving getting safer, with
active collision warning technology recognize
pedestrian and active cross traffic assistant
systems that can prevent very serious accidents.
With V2V (vehicle-to-vehicle) communication
becoming a reality, Diamlers new Mercedes
E-Class, is an example.
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- By Distribution Channel- Segment Analysis
- Increasing number of solutions are providing
vehicle to infrastructure communication (V2I) and
vehicle-to-vehicle communication (V2V), allowing
the driver able to communicate effectively. The
Connected Car Devices Market is segmented into
3G, 4G, 5G, Wifi, Bluetooth and DSRC technology. - DSRC Technology is a fast growing market
showcasing growth of 18.6 through 2026. Among
all, these 4G technology is witnessing the high
demand on account of it being the fastest
connectivity technology. However 5G is set to
grow at the fastest rate.
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- Connected Car Device Market
- General Motors Co.
- Bavarian Motor Works (BMW) AG
- Audi AG
- Bosch (Germany)
- Denso (Japan)
- Harman (US)
- Honda Motor Co. Ltd
- Fiat Chrysler Automobiles
- Mercedes-Benz
- Continental (Germany)
- Delphi (UK)
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Connected Car Device Market Learn More About
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ch/Connected-Car-Device-Market-Research-510775
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- You Can Customize the Report as Per Your Need.
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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