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India Connected Car Market Growth, Trends, and Forecast Report 2020-2025 with Profiles of MG, Hyundai, Kia, Maruti Suzuki, Toyota, Nissan - ResearchAndMarkets.com

The "India Connected Car Market - Growth, Trends, and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.

The India Connected Car market is anticipated to register a CAGR of about 20% during the forecast period (2020-2025).

Key Market Trends

Electric vehicle will boost the India Connected Car Market Growth

Currently, India has a very small volume of electric vehicle sales in the passenger car, but the country is actively trying to transform its public transport greener. India is one of the largest passenger car manufacturing countries in the world, coupled with the digitalization as smartphone users were near to 500 million in 2019. Various players in the market are launching their connected vehicle technology in India.

For instance

SUV Is Expected to lead the India Connected Car Market

India is following the global pattern of the rise in sales of the SUVs, and it is expected SUV to lead the vehicle type in India over the forecast period. The surge in the sales of SUVs is mainly because of the growing demand for space and advanced technology and people are willing to pay extra cost for the latest technology in their cars. Many new connected cars which are launched or going to enter in the market are mainly the SUVs.

For instance

Competitive Landscape

The India Connected Car market is highly consolidated, has limited global players active in the market. Although establish local players in the market are trying to introduce their connected vehicles model. New companies are coming with their technology and marking their presence in the market.

For instance

Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/eqnsdg

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