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Connected Car Market: A Study of the Key Players and Their Strategies

The global connected cars market size was USD 28.50 Billion in 2022 and is expected to register a steady revenue CAGR of 18.4% during the forecast period, according to latest analysis by Emergen Research. Rapid advancements in sensing technology, rising demand for fuel efficient vehicles globally, and surge in the usage of telematics are key factors driving market revenue growth.<br><br>Connected cars can help in fuel management by providing real-time information on a vehicle's fuel consumption and range, as well as by optimizing vehicle's performance to improve fuel efficiency.

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Connected Car Market: A Study of the Key Players and Their Strategies

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  1. Connected Car Market Size Worth USD 153.48 Billion in 2032 www.emergenresearch.com Rapid advancements in sensing technology, rising demand for fuel efficient vehicles globally, and surge in the usage of telematics are key factors driving market revenue growth . 2

  2. Our Model Market Analysis Financial Analysis Distribution Channel Analysis Brand Analysis Custom Market Intelligence Competitor Analysis Product Analysis Custom Research www.emergenresearch.com Demand Analysis Risk Analysis

  3. Business Plan Parameters End Use Analysis Demand Availability Analytics Market Entry Strategy Restructuring & Revival New Product Strategy Product Planning / Strategy SWOT Analysis Marketing / Distribution Channel Feasibility www.emergenresearch.com Customer Identification Survey Competitive Landscape / M&A Feasibility www.emergenresearch.com

  4. Industries We Cater to Food & Beverages Foods & Beverage, Food Ingredients, Food Processing and Equipment, Food Testing and Supply Chain, Health Food and Sports Nutrition, Frozen and Processed Food, Household, Retail Power & Energy Oil and Gas, Electricity, Energy Storage, Environmental, Renewable Energy Automotive Services Information and Tech Electric and Hybrid Vehicles, Off Highway and On Highway Vehicles, Aftermarket and Maintenance, Automotive Parts, Interior and Exterior Materials, Automotive electronics and Systems Data Security, Cloud Computing, IoT and Digitalization, Robotics, Telecom and Networking, Software and Services, Analytics, Semiconductor, Internet and E-Commerce www.emergenresearch.com Pharma & Healthcare Materials and Chemicals Medical Devices, Therapeutics, Biotechnology, Medical Imaging, Healthcare IT, Hospital Management, Diagnostics, Laboratory Equipment, Pharmaceutical Organic Chemicals, Disinfectants and Preservatives, Adhesives and Sealants, Polymers and Resins, Petrochemicals, Agrochemicals and Fertilizers, Paints and Coatings 5

  5. Market Summary The global connected cars market size was USD 28.50 Billion in 2022 and is expected to register a steady revenue CAGR of 18.4% during the forecast period, according to latest analysis by Emergen Research. Rapid advancements in sensing technology, rising demand for fuel efficient vehicles globally, and surge in the usage of telematics are key factors driving market revenue growth. Connected cars can help in fuel management by providing real-time information on a vehicle's fuel consumption and range, as well as by optimizing vehicle's performance to improve fuel efficiency. Connected cars can also provide information on location of nearby gas stations and prices of fuel, allowing drivers to make informed decisions on where to refuel. In addition, these cars can also use data on traffic and road conditions to plan the most efficient route, which can help to reduce fuel consumption. Through Vehicle-to-Everything (V2X) communication, vehicles can also share information on traffic congestion, road closures, and other events that might impact fuel consumption. Moreover, rapid advancements in sensing technology is another factor driving revenue growth of the market. In connected cars, sophisticated sensors are employed to collect data on surroundings and driver’s behavior. Numerous features, including infotainment systems, driver assistance systems, and autonomous driving capabilities, are made possible by these sensors. For instance, usage of Light Detection and Ranging (LiDAR) sensors can be used to build thorough Three Dimensional (3D) maps of the area around automobile, enabling it to recognize and detect objects such as other cars, people, and barriers. These factors are expected to drive revenue growth of the market over the forecast period. Read More : https://www.emergenresearch.com/industry-report/connected-cars-market www.emergenresearch.com

  6. Market Summary Some Key Highlights From the Report The 5G segment is expected to register a rapid revenue growth rate over the forecast period. This is due to rapid rollout and adoption of 5G connectivity across various region globally. The integrated segment is expected to account for largest revenue share over the forecast period. This can be attributed to increasing popularity of Vehicle-to-Vehicle (V2V) communication and Vehicle-to-Infrastructure (V2I) communication in connected cars. The sensors segment is expected to account for largest revenue share over the forecast period. This is due to rapid advancement made in sensing technology, which are used in connected cars to gather data and improve overall driving experience. The cellular segment accounted for largest revenue share in 2022. This can be attributed to rising popularity of cellular Vehicle-to-Everything (C-V2X) communication, which is based on 4G and 5G connections and rapid rollout of 5G technology, is further driving revenue growth of the market. The North America market is expected to account for largest revenue share over the forecast period. This is due to rising government investments and funding to promote research in connected car technology in this region. Request Free Sample : https://www.emergenresearch.com/request-sample/1670 www.emergenresearch.com

  7. Market Summary • The Global Connected Cars Market Based on technology, connectivity, hardware, network, and region: • Technology Outlook (Revenue, USD Billion; 2019-2032) • 3G • 4G • 5G • Connectivity Outlook (Revenue, USD Billion; 2019-2032) • Embedded • Integrated • Tethered • Hardware Outlook (Revenue, USD Billion; 2019-2032) • Central Gateway (CGW) • Head Unit • Intelligent Antenna • Electronic Control Unit (ECU) • Telematic Control Unit (TCU) • Sensors • Request customization of the report @ https://www.emergenresearch.com/request-for-customization/1670

  8. MARKETSEGMENTATION www.emergenresearch.com

  9. Regional Share Dynamics www.emergenresearch.com

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  11. At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade. Our expertise umbrellas the technological environment of all major industries, and our services help you map your actions to ensure optimal yield. Our analysts utilize their market proficiency to offer actionable insights that help our clients implement profitable strategies and optimize their return on investment. Our services are wide-ranging, right from technological environment analysis to technological profiling that highlights the existing opportunities in the market you can capitalize on to stay ahead of your competitors. About Us www.emergenresearch.com

  12. Lets Talk; Contact Information Reach out to us and our Research Executives will ensure you get the report that meets all your requirements and address all your concerns. 14671 110 Avenue, Surrey, British Columbia, V3R2A9 www.emergenresearch.com www.emergenresearch.com sales@emergenresearch.com +1 (604) 757-9756

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