Automotive

European Passenger Vehicle Connected Services Growth Opportunities

Transformative Mega Trends Enhance In-vehicle User Experience, Leading to Growth of Connected Services

INDUSTRY
Automotive

RELEASE DATE
04-May-2023
REGION
Europe
DELIVERABLE TYPE
Market Research

RESEARCH CODE
PE50-01-00-00-00
SKU
AU02511-EU-MT_27559
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European Passenger Vehicle Connected Services Growth Opportunities
Published on: 04-May-2023 | SKU: AU02511-EU-MT_27559

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The European passenger vehicle connected services industry is based on a technology that allows a vehicle to connect to the Internet of Things. This report discusses how original equipment manufacturers (OEMs) have been innovating to allow passenger vehicles to connect through various modes, such as embedded, tethered, and smartphone integrations. OEMs, especially in Europe, are aggressively adopting embedded connectivity to abide by the 2015 eCall in-vehicle system deployment law. Most OEMs provide additional service sets, such as security, maintenance, remote and EV services, navigation, infotainment, and convenience services, to use enhanced in-vehicle human-machine interface (HMI) features.

The automotive industry has seen in-vehicle technology development, such as car-to-everything (C2X) services, voice-based in-vehicle personal assistant, 5G communication, user-based insurance (UBI), Wi-Fi hotspot, in-vehicle payment and marketplace, remote software/firmware over-the-air updates, and data monetization, leading to a future of data-driven connected service in-vehicle experience.

This report provides benchmark research and analysis of the majority of passenger vehicle OEM brands sold across Europe in terms of modes of connectivity, connected service offerings, unit sales, revenue forecast, and growth opportunities within the market from 2022 to 2030.

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Connected Vehicle Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

In-vehicle Connectivity Segmentation

Key Competitors in Connected Cars

Key Growth Metrics

Growth Drivers

Growth Drivers (continued)

Growth Restraints

Key Findings

Forecast Assumptions

Overall Connected Vehicle Unit Shipment Forecast

Unit Shipment Forecast by Connectivity

Overall Connectivity Revenue Forecast

Revenue Forecast by Connectivity Type

Revenue Forecast Analysis

Pricing Trends and Revenue Forecast Analysis

Percent Penetration Forecast by Connectivity

Competitive Environment

Key Growth Metrics

Embedded Connectivity Revenue and Unit Shipment Forecast

Revenue Forecast Analysis

Key Growth Metrics

Tethered Connectivity Revenue and Unit Shipment Forecast

Revenue Forecast Analysis

Connected Service Categories

Overview of In-vehicle Connectivity by OEM Group

Overview of In-vehicle Connectivity by OEM Group (continued)

In-vehicle Connected Service Offerings: BMW Group

In-vehicle Connected Service Availability: BMW Group

In-vehicle Connected Service Availability: BMW Group (continued)

In-vehicle Connected Service Offering: Daimler Group

In-vehicle Connected Service Availability: Daimler Group

In-vehicle Connected Service Offering: Ford

In-vehicle Connected Service Availability: Ford

In-vehicle Connected Service Offering: Geely Group

In-vehicle Connected Service Availability: Geely Group

In-vehicle Connected Service Offering: Honda

In-vehicle Connected Service Availability: Honda

In-vehicle Connected Service Offering: Hyundai Group

In-vehicle Connected Service Availability: Hyundai Group

In-vehicle Connected Service Availability: Hyundai Group (continued)

In-vehicle Connected Service Offering: Mazda

In-vehicle Connected Service Availability: Mazda

In-vehicle Connected Service Offering: RNM Group

In-vehicle Connected Service Availability: RNM Group

In-vehicle Connected Service Availability: RNM Group (continued)

In-vehicle Connected Service Offering: Stellantis Group

In-vehicle Connected Service Availability: Stellantis Group

In-vehicle Connected Service Availability: Stellantis Group (continued)

In-vehicle Connected Service Availability: Stellantis Group (continued)

In-vehicle Connected Service Offering: Subaru

In-vehicle Connected Service Availability: Subaru

In-vehicle Connected Service Offering: Suzuki

In-vehicle Connected Service Availability: Suzuki

In-vehicle Connected Service Offering: Tata Group

In-vehicle Connected Service Availability: TATA Group

In-vehicle Connected Service Offering: Tesla

In-vehicle Connected Service Availability: Tesla

In-vehicle Connected Service Offering: Toyota Group

In-vehicle Connected Service Availability: Toyota Group

In-vehicle Connected Service Offering: Volkswagen Group

In-vehicle Connected Service Offering: Volkswagen Group (continued)

In-vehicle Connected Service Offering: Volkswagen Group (continued)

In-vehicle Connected Service Availability: Volkswagen Group

In-vehicle Connected Service Availability: Volkswagen Group (continued)

In-vehicle Connected Service Availability: Volkswagen Group (continued)

Growth Opportunity 1: Addressing Data Privacy

Growth Opportunity 1: Addressing Data Privacy (continued)

Growth Opportunity 2: In-vehicle Entertainment and EV Services

Growth Opportunity 2: In-vehicle Entertainment and EV Services (continued)

Growth Opportunity 3: Convenience with In-vehicle App Store

Growth Opportunity 3: Convenience with In-vehicle App Store (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

Legal Disclaimer

List of Figures
  • PV Connected Services: Key Growth Metrics, Europe, 2022
  • PV Connected Services: Growth Drivers, Europe, 2023–2030
  • PV Connected Services: Growth Restraints, Europe, 2023–2030
  • PV Connected Services: CV Unit Shipment Forecast, Europe, 2022–2030
  • PV Connected Services: Unit Shipment Forecast by Connectivity, Europe, 2022–2030
  • Connected Services: Overall Connectivity Revenue Forecast, Europe, 2022–2030
  • PV Connected Services: Revenue Forecast by Connectivity Type, Europe, 2022–2030
  • PV Connected Services: Percent Penetration Forecast by Connectivity, Europe, 2030
  • PV Connected Services: Percent Penetration by Connectivity, Europe, 2022
  • PV Connected Services: Embedded Connectivity Key Growth Metrics, Europe, 2022
  • PV Connected Services: Embedded Connectivity Revenue and Unit Shipment Forecast, Europe, 2022–2030
  • PV Connected Services: Tethered Connectivity Key Growth Metrics, Europe, 2022
  • PV Connected Services: Tethered Connectivity Revenue and Unit Shipment Forecast, Europe, 2022–2030
  • PV Connected Services: BMW Group Connected Service Platform, Europe, 2022
  • PV Connected Services: BMW Connected Platform Availability, Europe, 2022
  • PV Connected Services: MINI Connected Platform Availability, Europe, 2022
  • PV Connected Services: Rolls-Royce Connected Platform Availability, Europe, 2022
  • PV Connected Services: Daimler Group Connected Service Platform, Europe, 2022
  • PV Connected Services: Mercedes-Benz Connected Platform Availability, Europe, 2022
  • PV Connected Services: Smart Connected Platform Availability, Europe, 2022
  • PV Connected Services: Ford Connected Service Platform, Europe, 2022
  • PV Connected Services: Ford Connected Platform Availability, Europe, 2022
  • PV Connected Services: Geely Group Connected Service Platform, Europe, 2022
  • PV Connected Services: Geely Group Platform Availability, Europe, 2022
  • PV Connected Services: Honda Connected Service Platform, Europe, 2022
  • PV Connected Services: Honda Platform Availability, Europe, 2022
  • PV Connected Services: Connected Service Availability by OEM, Hyundai Group, Europe, 2022–2030
  • PV Connected Services: Hyundai Platform Availability, Europe, 2022
  • PV Connected Services: Ioniq Platform Availability, Europe, 2022
  • PV Connected Services: KIA Platform Availability, Europe, 2022
  • PV Connected Services: Genesis Platform Availability, Europe, 2022
  • PV Connected Services: Connected Service Availability by OEM, Mazda, Europe, 2022–2030
  • PV Connected Services: Mazda Platform Availability, Europe, 2022
  • PV Connected Services: Connected Service Availability by OEM, RNM Group, Europe, 2022–2030
  • PV Connected Services: RNM Group Platform Availability, Europe, 2022
  • PV Connected Services: Mitsubishi Platform Availability, Europe, 2022
  • PV Connected Services: Nissan Group Platform Availability, Europe, 2022
  • PV Connected Services: Dacia Platform Availability, Europe, 2022
  • PV Connected Services: Connected Service Availability by OEM, Stellantis Group, Europe, 2022–2030
  • PV Connected Services: Stellantis Group Platform Availability, Europe, 2022
  • PV Connected Services: Connected Service Availability by OEM, Subaru, Europe, 2022–2030
  • PV Connected Services: Subaru Platform Availability, Europe, 2022
  • PV Connected Services: Suzuki Platform Availability, Europe, 2022
  • PV Connected Services: TATA Group Platform Availability, Europe, 2022
  • PV Connected Services: Tesla Platform Availability, Europe, 2022
  • PV Connected Services: Toyota Platform Availability, Europe, 2022
  • PV Connected Services: Toyota Group Platform Availability, Europe, 2022
  • PV Connected Services: Volkswagen Platform Availability, Europe, 2022

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