Automotive Connected Car Platform Market 2023-2027: Highlights on Global Supply Chain, Covid Analysis and Latest Trends - Technavio

NEW YORK, Jan. 24, 2023 /PRNewswire/ -- According to Technavio, the global automotive connected car platform market size is estimated to grow by USD 5,694.07 million from 2022 to 2027. The market is estimated to grow at a CAGR of 12.68% during the forecast period. However, the growth momentum will be progressing. APAC is estimated to account for 42% of the growth of the global market during the forecast period.  COVID-19 had the most negative impact on the global automotive industry in recent years, resulting in a steep fall in demand and a large-scale disruption of the supply chain. It has exerted intense pressure on an already-stressed global automotive market. Yet, there are high predictions that few countries are bringing manufacturing facilities and production back on track, indicating that the supply side is on a restoration line. For automotive connected car platform market, Request a sample report

Leading trends influencing the market 

• Rental companies adopting the connected car platform to attract customers is an emerging trend in the market. 
• Through this platform, the users are allowed to control the car and driver consoles from their smartphones. They can also control these functions through a device mounted inside the car.
• Additionally, this platform also allows custom features like music and video streaming through online apps. 
• The primary objective of these rental companies is to engage customers in using their app for more time, which will benefit customer attraction and retention.
• This trend is expected to be a positive driver for the market as it opens a new revenue avenue for the market player.  Therefore, these factors will fuel the market growth during the forecast period. 
• To know more, buy the report!

Global automotive connected car platform market - Five Forces

The global cloud data warehouse market is fragmented, and the five forces analysis covers– 

• Bargaining power of buyers 
• The threat of new entrants
• Threat of rivalry
• Bargaining power of suppliers
• Threat of substitutes

Global automotive connected car platform market– Customer Landscape

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Automotive Connected Car Platform Market - Segmentation Assessment

Segment Overview

Technavio has segmented the market based on service (Infotainment services and Telematics services), and technology (Integrated solutions, Embedded solutions, and Tethered solutions).

• The infotainment services will grow at a significant rate during the forecast period. Nowadays, OEMs are investing in the development of unique infotainment service offerings for their models, which can be a differentiating factor for the company against the competitors. Currently, touchscreens, voice recognition, and handwriting recognition are widely used in vehicles as mediums to give input to drivers. Earlier the hardware cost associated with these devices was high until the recent past. Hence, the adoption of infotainment systems has significantly increased. Therefore, the segment is expected to remain dominant in the global automotive connected car platform market during the forecast period.

Geography Overview

By geography, the global automotive connected car platform market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global automotive-connected car platform market.

• APAC will account for 42% of the growth of the global market during the forecast period. The North American passenger car market is dominated by senior car buyers. The average age of car buyers is about 52 years, and one-third of the population in the region is between 51 to 65 years of age. As the population of age above 50 years has a high income in this region they have the potential to invest in luxuries. All these factors trigger the need for enhanced comfort and safety levels in North America and are expected to be the driving factors during the forecast period.

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Global automotive connected car platform market – Market Dynamics

Key factor driving market growth

• The rise in the adoption of cloud technologies and IoT to reduce the capital expenditure in developing connected car platforms is notably driving the market growth. 
• M2M platforms help the MNOs to reduce capital expenditure and time-to-market (TTM) for product or service launches. Cloud-based platforms help MNOs manage, assemble, and develop services.
• In addition, the platforms help telecommunication operators integrate, develop, market, and support M2M connectivity and cloud services across business segments such as retail and automotive. 
• With a push of a button, the system would assist owners by locating fuel and charging stations, receiving traffic prompts and restaurant offers, predicting maintenance needs, and providing live customer-care assistance. Therefore, these factors will propel the market growth during the forecast period. 

Major challenges hindering the market growth

• Cybersecurity breach issues negatively impact technology adoption which acts as a major challenge to market growth. 
• Wireless communication systems are used by automotive telematics applications in in-vehicle information systems. These systems are prone to hacking and theft of information.
• In addition, the major concern is the passage of malware through in-vehicle entertainment and information systems to other in-car networks such as CAN buses. This malware may link the in-vehicle entertainment and information systems to the automobile's critical functions.
• Therefore, hackers can get control of the vehicle's central functions, such as the engine and brakes, by connecting the laptop or mobile devices to the automobile's onboard port. 
• Furthermore, several other security vulnerabilities arise from the insertion of multiple web applications and Bluetooth in automobiles.
• These applications provide access to social media applications as well as personal contacts. Therefore, these factors will hinder the market growth during the forecast period. 

Drivers, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this Automotive Connected Car Platform Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the automotive connected car platform market between 2023 and 2027
• Precise estimation of the size of the automotive connected car platform market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the Automotive Connected Car Platform Market industry across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of automotive connected car platform market vendors

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Table of contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Service
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global automotive connected car platform market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global automotive connected car platform market 2017 - 2021 ($ million)

• 4.2 Service Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Service Segment 2017 - 2021 ($ million)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Service

• 6.1 Market segments
• Exhibit 30: Chart on Service - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Service - Market share 2022-2027 (%)

• 6.2 Comparison by Service 
• Exhibit 32: Chart on Comparison by Service
• Exhibit 33: Data Table on Comparison by Service

• 6.3 Infotainment services - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Infotainment services - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Infotainment services - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Infotainment services - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Infotainment services - Year-over-year growth 2022-2027 (%)

• 6.4 Telematics services - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Telematics services - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Telematics services - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Telematics services - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Telematics services - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Service 
• Exhibit 42: Market opportunity by Service ($ million)

7 Market Segmentation by Technology

• 7.1 Market segments
• Exhibit 43: Chart on Technology - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Technology - Market share 2022-2027 (%)

• 7.2 Comparison by Technology 
• Exhibit 45: Chart on Comparison by Technology
• Exhibit 46: Data Table on Comparison by Technology

• 7.3 Integrated solution - Market size and forecast 2022-2027 
• Exhibit 47: Chart on Integrated solution - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Integrated solution - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Integrated solution - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Integrated solution - Year-over-year growth 2022-2027 (%)

• 7.4 Embedded solutions - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Embedded solutions - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Embedded solutions - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Embedded solutions - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Embedded solutions - Year-over-year growth 2022-2027 (%)

• 7.5 Tethered solutions - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Tethered solutions - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Tethered solutions - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Tethered solutions - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Tethered solutions - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Technology 
• Exhibit 59: Market opportunity by Technology ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 61: Chart on Market share by geography 2022-2027 (%)
• Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 63: Chart on Geographic comparison
• Exhibit 64: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Germany - Market size and forecast 2022-2027 
• Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027 
• Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 UK - Market size and forecast 2022-2027 
• Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.12 Canada - Market size and forecast 2022-2027 
• Exhibit 101: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 106: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 108: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 109: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 110: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 111: Matrix on vendor position and classification

• 12.3 Airbiquity Inc.
• Exhibit 112: Airbiquity Inc. - Overview
• Exhibit 113: Airbiquity Inc. - Product / Service
• Exhibit 114: Airbiquity Inc. - Key offerings

• 12.4 AT and T Inc.
• Exhibit 115: AT and T Inc. - Overview
• Exhibit 116: AT and T Inc. - Business segments
• Exhibit 117: AT and T Inc. - Key news
• Exhibit 118: AT and T Inc. - Key offerings
• Exhibit 119: AT and T Inc. - Segment focus

• 12.5 BlackBerry Ltd.
• Exhibit 120: BlackBerry Ltd. - Overview
• Exhibit 121: BlackBerry Ltd. - Business segments
• Exhibit 122: BlackBerry Ltd. - Key offerings
• Exhibit 123: BlackBerry Ltd. - Segment focus

• 12.6 Capgemini Service SAS 
• Exhibit 124: Capgemini Service SAS - Overview
• Exhibit 125: Capgemini Service SAS - Business segments
• Exhibit 126: Capgemini Service SAS - Key news
• Exhibit 127: Capgemini Service SAS - Key offerings
• Exhibit 128: Capgemini Service SAS - Segment focus

• 12.7 Cisco Systems Inc.
• Exhibit 129: Cisco Systems Inc. - Overview
• Exhibit 130: Cisco Systems Inc. - Business segments
• Exhibit 131: Cisco Systems Inc. - Key news
• Exhibit 132: Cisco Systems Inc. - Key offerings
• Exhibit 133: Cisco Systems Inc. - Segment focus

• 12.8 CloudMade
• Exhibit 134: CloudMade - Overview
• Exhibit 135: CloudMade - Product / Service
• Exhibit 136: CloudMade - Key offerings

• 12.9 Connexion Telematics Ltd. 
• Exhibit 137: Connexion Telematics Ltd. - Overview
• Exhibit 138: Connexion Telematics Ltd. - Product / Service
• Exhibit 139: Connexion Telematics Ltd. - Key offerings

• 12.10 Harman International Industries Inc. 
• Exhibit 140: Harman International Industries Inc. - Overview
• Exhibit 141: Harman International Industries Inc. - Product / Service
• Exhibit 142: Harman International Industries Inc. - Key news
• Exhibit 143: Harman International Industries Inc. - Key offerings

• 12.11 Intellias group
• Exhibit 144: Intellias group - Overview
• Exhibit 145: Intellias group - Product / Service
• Exhibit 146: Intellias group - Key offerings

• 12.12 KaaIoT Technologies LLC 
• Exhibit 147: KaaIoT Technologies LLC - Overview
• Exhibit 148: KaaIoT Technologies LLC - Product / Service
• Exhibit 149: KaaIoT Technologies LLC - Key offerings

• 12.13 LG Electronics Inc.
• Exhibit 150: LG Electronics Inc. - Overview
• Exhibit 151: LG Electronics Inc. - Business segments
• Exhibit 152: LG Electronics Inc. - Key news
• Exhibit 153: LG Electronics Inc. - Key offerings
• Exhibit 154: LG Electronics Inc. - Segment focus

• 12.14 Microsoft Corp.
• Exhibit 155: Microsoft Corp. - Overview
• Exhibit 156: Microsoft Corp. - Business segments
• Exhibit 157: Microsoft Corp. - Key news
• Exhibit 158: Microsoft Corp. - Key offerings
• Exhibit 159: Microsoft Corp. - Segment focus

• 12.15 Qualcomm Inc.
• Exhibit 160: Qualcomm Inc. - Overview
• Exhibit 161: Qualcomm Inc. - Business segments
• Exhibit 162: Qualcomm Inc. - Key news
• Exhibit 163: Qualcomm Inc. - Key offerings
• Exhibit 164: Qualcomm Inc. - Segment focus

• 12.16 Robert Bosch GmbH
• Exhibit 165: Robert Bosch GmbH - Overview
• Exhibit 166: Robert Bosch GmbH - Business segments
• Exhibit 167: Robert Bosch GmbH - Key offerings
• Exhibit 168: Robert Bosch GmbH - Segment focus

• 12.17 TomTom International BV 
• Exhibit 169: TomTom International BV - Overview
• Exhibit 170: TomTom International BV - Business segments
• Exhibit 171: TomTom International BV - Key offerings
• Exhibit 172: TomTom International BV - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 173: Inclusions checklist
• Exhibit 174: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 175: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 176: Research methodology
• Exhibit 177: Validation techniques employed for market sizing
• Exhibit 178: Information sources

• 13.5 List of abbreviations 
• Exhibit 179: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/  

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