Global Connected Cars Market Size, Trends & Growth Opportunity, By Technology (3G, 4G/LTE, and 5G), By Connectivity Solution (Consumer Electronics, Automotive, Healthcare, Aerospace & Défense, and Others), By Services (Driver Assistance, Safety, Entertainment, Well-being, Vehicle Management, and Mobility Management), By End Users (Original Equipment Manufacturers, Aftermarket), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Connected Cars Market 
The Global Connected Cars Market was valued at USD 23.5 billion in 2021 and is expected to reach USD 57.3 billion by 2027, at a CAGR 13.22% from 2022-2027.
Any vehicle or car which can connect to the internet is called a connected car. Usually, these vehicles connect to the internet via WLAN i.e., Wireless Local Area Network. A connected vehicle can also share the internet with devices inside & outside the car, and at the same time can also share data with any external device or services.
Connected cars offer connectivity on wheels providing convenience, comfort, and powerful network technology. This technology enables drivers to connect with online platforms, thereby facilitating real-time communication. 
Market Drivers
Growing demand for enhanced user comfort, safety, and convenience are considered as driving factors which is expected to propel the global connected cars market growth. The emergence of various technologies such as the 5G network and artificial intelligence shall have a positive impact on the market growth. 
Moreover, the rising popularity of automation in the automotive sector is expected to boost the market growth. Additionally, increase in disposable income across the regions will fuel the connected cars market growth during the forecast period. Increasing consumer solutions, surge in need for constant connectivity & rising dependency on technology are some of the factors which are expected to drive the market growth during this forecast period 2027.
Market Restraints
Lack of infrastructure for proper functioning of connected cars is the major challenging factor which is expected to restrain the connected cars market growth. Also, safety & security issues like unauthorized access to multiple automobile appliances in breaking the vehicle connectivity system is the challenging factor which is expected to hinder the market growth. 
Market Segmentation
The Global connected Cars Market is segmented into technology, connectivity solutions, services, and end users.
The safety segment accounted for the largest market share in 2021. Whereas, the driver assistance segment is projected to grow at a substantial pace in the years to follow.
Regional Analysis
The Global connected Cars Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.
The North American region dominates the market. The region is set to benefit from the rapid adoption of next-gen connectivity technologies such as 5G in the region. The North American connected car market is expected to grow due to increasing government incentive programs for adoption of electric vehicles (EVs) and advanced features. The demand for connected vehicles with advanced features is projected to drive the growth of the North American connected car market.
Key Players
Various key players are discussed in this report such as Bosch, Continental, Harman, Visteon, Airbiquity, Cloudmade, Tesla, Ford Motor Company, Audi, Volvo, and Others.
For instance, in June 2022, PATEO Corporation & Qualcomm Technologies, Inc. had expanded their relationship to develop solutions to support vehicle intelligence, service-oriented architecture, smart car connectivity, and intelligent cockpits and multi-domain fusion based on central controllers.
Market Taxonomy
By Technology
•        3G
•        4G/LTE
•        5G
By Connectivity Solutions
•        Integrated
•        Embedded
•        Tethered
By Services
•        Driver Assistance
•        Safety
•        Entertainment
•        Well-being
•        Vehicle Management
•        Mobility Management
By End Users
•        Original Equipment Manufacturers
•        Aftermarket
By Region
•        North America
•        Latin America
•        Europe
•        Asia Pacific
•        Middle East & Africa

Global Connected Cars Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Connected Cars Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Connected Cars Market, By Technology
5.1 Y-o-Y Growth Comparison, By Technology 
5.2 Global Connected Cars Market Share Analysis, By Technology 
5.3 Global Connected Cars Market Size and Forecast, By Technology
5.3.1 3G
5.3.2 4G/LTE
5.3.3 5G
6 Global Connected Cars Market, By Connectivity Solutions
6.1 Y-o-Y Growth Comparison, By Connectivity Solutions
6.2 Global Connected Cars Market Share Analysis, By Connectivity Solutions
6.3 Global Connected Cars Market Size and Forecast, By Connectivity Solutions
6.3.1 Integrated
6.3.2 Embedded
6.3.3 Tethered
7 Global Connected Cars Market, By Services
7.1 Y-o-Y Growth Comparison, By Services
7.2 Global Connected Cars Market Share Analysis, By Services
7.3 Global Connected Cars Market Size and Forecast, By Services
7.3.1 Driver Assistance
7.3.2 Safety
7.3.3 Entertainment
7.3.6 Well-Being
7.3.7 Vehicle management
7.3.8 Mobility Management
8 Global Connected Cars Market, By End User
8.1 Y-o-Y Growth Comparison, By End User
8.2 Global Connected Cars Market Share Analysis, By End User
8.3 Global Connected Cars Market Size and Forecast, By End User
8.3.1 Original Equipment Manufacturers
8.3.2 Aftermarket
9 Global Connected Cars Market, By Region
9.1 Global Connected Cars Market Share Analysis, By Region
9.2 Global Connected Cars Market Share Analysis, By Region
9.3 Global Connected Cars Market Size and Forecast, By Region
10 North America Connected Cars Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 North America Connected Cars Market Share Analysis, By Technology
10.3 North America Connected Cars Market Size and Forecast, By Connectivity Solutions
10.4 North America Connected Cars Market Size and Forecast, By Services
10.5 North America Connected Cars Market Size and Forecast, By End User
10.6 North America Connected Cars Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Connected Cars Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Europe Connected Cars Market Share Analysis, By Technology 
11.3 Europe Connected Cars Market Size and Forecast, By Connectivity Solutions 
11.4 Europe Connected Cars Market Size and Forecast, By Services
11.5 Europe Connected Cars Market Size and Forecast, By End User
11.6 Europe Connected Cars Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Connected Cars Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Asia Pacific Connected Cars Market Share Analysis, By Technology 
12.3 Asia Pacific Connected Cars Market Size and Forecast, By Connectivity Solutions  
12.4 Asia Pacific Connected Cars Market Size and Forecast, By Services
12.5 Asia Pacific Connected Cars Market Size and Forecast, By End User
12.6 Asia Pacific Connected Cars Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia Pacific
13 Latin America Connected Cars Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Latin America Connected Cars Market Share Analysis, By Technology 
13.3 Latin America Connected Cars Market Size and Forecast, By Connectivity Solutions 
13.4 Latin America Connected Cars Market Size and Forecast, By Services
13.5 Latin America Connected Cars Market Size and Forecast, By End User
13.6 Latin America Connected Cars Market Size and Forecast, By Country
13.6.1 Brazil
13.6.2 Rest of Latin America
14 Middle East Connected Cars Market Analysis and Forecast (2022 – 2027)
14.1 Introduction
14.2 Middle East Connected Cars Market Share Analysis, By Technology 
14.3 Middle East Connected Cars Market Size and Forecast, By Connectivity Solutions 
14.4 Middle East Connected Cars Market Size and Forecast, By Services
14.5 Middle East Connected Cars Market Size and Forecast, By End User
14.6 Middle East Connected Cars Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 BOSCH
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 CONTINENTAL
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 HARMAN
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 AIRBIQUITY
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 CLOUDMADE
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 TESLA
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 FORD MOTOR COMPANY
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies 
16.8 AUDI
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies 
16.9 VOLVO
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 VISTEON
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies