Unlocking Growth Opportunities in the Connected Car Devices Market: Emerging Trends and Insights
In today’s fast-paced business environment, staying ahead of the curve is crucial for companies looking to seize growth opportunities. The latest report by Maximize Market Research on the Connected Car Devices market offers an in-depth analysis of emerging trends, growth drivers, and potential challenges that businesses must navigate to succeed.
Anticipated Growth Forecast for Connected Car Devices Market:
Connected Car Devices Market is expected to grow at a CAGR of 16.1% during the forecast period to reach US $ 219.02 Bn by 2030.
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Comprehensive Market Scope:
The report covers critical areas such as portfolio strategies, technology adoption, financial standing, and mergers & acquisitions. It provides a holistic view of the competitive landscape in the Connected Car Devices market, offering insights into pricing, investments, expansion plans, and the physical presence of key players.
Growth Drivers and Restraints:
Through both SWOT and descriptive analyses, the report delves into the factors driving growth, as well as the challenges that may impact the market’s trajectory. This helps businesses align their strategies with market opportunities while being mindful of potential risks.
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Regional Analysis: Mergers, Acquisitions, and Key Developments
United States: Connected Car Devices Market Growth and Consolidation
In 2024, Ford Motor Company partnered with Qualcomm Technologies to enhance 5G connectivity in its vehicle lineup, boosting real-time navigation and safety features. Additionally, General Motors acquired a majority stake in Cruise, its autonomous vehicle division, to accelerate connected car innovations.
Europe: Connected Car Devices Market Trends and Expansions
Europe remains a key hub for connected car technology. In January 2025, BMW Group announced a strategic alliance with Ericsson to advance vehicle-to-cloud connectivity. Additionally, Volkswagen is investing EUR 2 billion in software-defined vehicle development, emphasizing AI-driven diagnostics.
Asia Pacific: Connected Car Devices Market Opportunities and Advancements
The Asia Pacific region is witnessing rapid adoption of connected car devices. In 2024, Tata Motors and Samsung Electronics signed an agreement to integrate 5G-enabled infotainment systems in Indian-made vehicles. Similarly, Toyota is expanding its Smart Mobility initiatives in Japan with investments in cloud-based vehicle analytics.
Middle East & Africa: Connected Car Devices Market Trends and Developments
The Middle East is emerging as a growing market for connected vehicles. Dubai’s Road and Transport Authority (RTA) is testing smart traffic solutions using connected car technologies. Meanwhile, Saudi Arabia’s PIF (Public Investment Fund) invested in Lucid Motors to boost smart EV production.
Connected Car Devices Market Segments:
by Communication
Vehicle-to-Vehicle (V2V)
Vehicle-to-Infrastructure (V2I)
Vehicle-to-Pedestrian(V2P)
Others (V2C, V2D, V2G)
by Technology
Driver Assistance Systems
Adaptive cruise control
Lane departure warning
Blind spot detection
Road sign recognition
Park assist
Pedestrian detection system
Telematics
Others
The driver assistance systems segment is expected to hold the largest market share of xx% in 2023 and reach USD$ x million by 2030. Adaptive cruise control connectivity is predicted to grow at the fastest rate in the globally connected car industry. The development of cloud-based services, government mandates, and service plan cost management are all contributing to the growth of adaptive cruise control connected solutions. Many connected car services, like eCall and remote diagnostics, require an embedded communication solution in the car to function, which is increasing the adoption of adaptive cruise control connected cars.
by Connectivity
Dedicated Short Range Communication (DSRC)
Long Range/ Cellular Network
by Vehicle Type
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
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Table of Content: Connected Car Devices Market
Part 01: Executive Summary
Part 02: Scope of the Connected Car Devices Market Report
Part 03: Global Connected Car Devices Market Landscape
Part 04: Global Connected Car Devices Market Sizing
Part 05: Global Connected Car Devices Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Competitive Landscape:
The report profiles leading companies in the Connected Car Devices market, examining their portfolios, growth strategies, and competitive positioning. Companies can use this information to benchmark their own strategies and explore new avenues for expansion.
1. Continental AG
2. Denso Corporation
3. Delphi Automotive, PLC
4. Robert Bosch GmbH
5. Autoliv Inc.
6. Valeo SA
7. Tesla
8. Volkswagen
9. Porsche
10. General Motors
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