Technavio has been monitoring the connected vehicles market and it is poised to grow by 23.45 million units during 2020-2024, progressing at a CAGR of 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BMW AG, Daimler AG, Fiat Chrysler Automobiles NV, Ford Motor Co., General Motors Co., Honda Motor Co. Ltd., Hyundai Motor Co., Nissan Motor Co. Ltd., Toyota Motor Corp., and Volkswagen AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Safety and mobility benefits offered by connected vehicles has been instrumental in driving the growth of the market.
Connected Vehicles Market 2020-2024: Segmentation
Connected Vehicles Market is segmented as below:
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Connected Vehicles Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our connected vehicles market report covers the following areas:
This study identifies government regulations on mandating connected features in vehicles as one of the prime reasons driving the connected vehicles market growth during the next few years.
Connected Vehicles Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the connected vehicles market, including some of the vendors such as BMW AG, Daimler AG, Fiat Chrysler Automobiles NV, Ford Motor Co., General Motors Co., Honda Motor Co. Ltd., Hyundai Motor Co., Nissan Motor Co. Ltd., Toyota Motor Corp., and Volkswagen AG. Backed with competitive intelligence and benchmarking, our research reports on the connected vehicles market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Connected Vehicles Market 2020-2024: Key Highlights
Table Of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer Landscape
Geographic Landscape
Volume Driver - Demand led growth
Market Challenges
Market Trends
Vendor Landscape
Vendor Analysis
Appendix
About Us
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