Connected Car Market Worth 219.21 Billion USD by 2025

PUNE, India, February 9, 2018 /PRNewswire/ --

The report "Connected Car Market by Service (Connected Services, Safety & Security, and Autonomous Driving), Form (Embedded, Tethered, and Integrated), Network (DSRC, and Cellular), End Market, Transponder, Hardware, and Region - Global Forecast to 2025", published by MarketsandMarkets™, the market is estimated to be USD 72.89 Billion in 2017 and projected to reach USD 219.21 Billion by 2025, at a compound annual growth rate (CAGR) of 14.8% during the forecast period.

     (Logo: )

Browse 118 tables and 61 figures spread through 174 pages and in-depth TOC on "Connected Car Market - Global Forecast to 2025 "

Early buyers will receive 10% customization on this report 

Increase in industry compliance norms and government mandates supporting connected technology in passenger cars, and increase in demand for safer, more efficient, and convenient driving experience through connected services are the key drivers for the Connected Car Market.

Download PDF Brochure:

Asia Pacific is expected to be the largest market for connected cars during the forecast period 

The Asia Pacific region is projected to be the largest market for connected cars from 2017 to 2025. The market growth in the region can be attributed to various factors, such as increasing connected car devices in passenger cars, and increase in digital services such as cybersecurity and updates. Furthermore, strategic alliances between automotive and non-automotive companies, exceptional communication infrastructure, and government regulations for vehicle data security are expected to fuel the demand for connected cars.

Make an Inquiry:

Connected services segment is expected to hold the largest market share during the forecast period 

The new vehicle safety norms are encouraging automakers to secure vehicle data from remote hacking and malfunctioning, which in turn is increasing the demand for connected cars. On the other hand, customers are demanding more convenient features, such as navigation, remote diagnostic, multimedia media streaming, and auto pilot, as a standard in every vehicle.

ECU for connected cars is expected to be the largest segment by hardware from 2017 to 2025 

The ECU segment is expected to hold the largest share in the hardware segment of the Connected Car Market. The segment is projected to grow at a significant CAGR and is expected to remain the largest market during the forecast period. The growth of connected car ECU is driven by the increasing generation of data by various sensors and other hardware components. The consolidation of multiple ECUs into a single entity is going to be the major challenge for connected car ECU segment globally.

The Connected Car Market is dominated by a few globally established players, such as Bosch (Germany), Continental (Germany), Delphi (UK), Denso (Japan), and Harman (US).

Browse Related Reports 

Connected Truck Market by Range (DSRC and Cellular), Service (Fleet Management and Cybersecurity & Updates), Component (Hardware and Software), Communication (V2V, V2I, and V2C), Vehicle (LCV and HCV), and Region - Global Forecast to 2022

Connected Car Devices Market by Communication Type (V2V, V2I, V2P), Connectivity Type (DSRC, Cellular Network), Product Type (Das, Telematics), Vehicle Type (PC, LCV & HCV), Electric Vehicle Type (BEV, HEV, PHEV, FCV) and Region - Global Forecast to 2021

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441

Visit Our Blog @

Connect with us on LinkedIn @

SOURCE MarketsandMarkets

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos and customised feeds just for media.

View and download archived video content distributed by MultiVu on The Digital Center.


Get content for your website

Enhance your website's or blog's content with PR Newswire's customised real-time news feeds.
Start today.



Contact PR Newswire

Send us an email at or call us at +91 22 6169 6000



Become a PR Newswire client

Request more information about PR Newswire products & services or call us at +91 22 6169 6000


  1. Products & Services
  2. Knowledge Centre
  3. Browse News Releases
  4. Contact PR Newswire