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Global Connected Vehicle Outlook 2023
Transformative Mega Trends Compel Automakers and Suppliers to Develop Innovative Business Models to Capture Recurring Revenue Potential
28-Apr-2023
North America
Market Outlook
PE58-01-00-00-00
AU02512-GL-MO_27561
Connected vehicles is one of the most technologically advanced domains in the automotive industry with far-reaching impacts. The Global Connected Vehicles Outlook 2023 provides insights into:
• Upcoming technologies, features, services, and trends
• The 2022 market scenario and global and regional predictions for 2023, highlighting selected industry best practices
• The market by region (North America, Brazil, Europe, China, India, South Korea, Japan, and the Rest of the World)
• Challenges that will reshape the automotive industry, particularly in the connected vehicle space
• Participants in different areas of the ecosystem, such as connected services, human-machine interface, connectivity, and navigation
Frost & Sullivan interviewed thought leaders from original equipment manufacturers, Tier 1 suppliers, technology and telecommunications providers, and other diverse yet related stakeholders. We forecast the connected vehicle market based on three types of connectivity: smartphone, tethered, and embedded. Notably, the study examines the growth opportunities available to automakers and Tier 1 suppliers in the connected cars space for the next few years.
Author: Manish Menon
Key Findings: A Recap of 2022
Key Findings: Top 5 Predictions for 2023
Notable Regulations and Mandates: A Snapshot
Regional Connected Vehicles Market
Connected Vehicle Services Regional Analysis
Key OEM Partnerships
Key OEM Partnerships (continued)
Key OEM Partnerships (continued)
Key OEM Partnerships (continued)
Connected Cars Ecosystem and Related Markets
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™
Research Scope
Definitions: Market Segmentation
Top 5 Global Economic Highlights of 2022
Top 5 Global Economic Highlights of 2023
Global GDP Growth Expectations
Recessionary/Slowdown Expectations for Major Economies
Global GDP Growth Snapshot
Advanced Economy Predictions for 2023
Emerging Market Predictions for 2023
2023 Regional Risks and Policy Directions
2023 Top Growth Opportunities by Region
Connectivity Regulation Snapshot
Key Regulation and Mandates from WP.29
CSMS: UNECE R155
Cybersecurity Type Approval Mechanism
Impact of Impending Cybersecurity Regulations
SW Updates and SUMS: UNECE R156
Impact of Impending OTA Regulations
Top Trends Driving the Global Connected Vehicle Market
Trend 1: Connected Road-safety Services
Trend 2: Enhanced Focus on OTA Updates
Trend 3: Integration of Digital Driver and Heads-up Displays (HUDs)
Trend 4: OEM Business Model Transformation
Trend 5: HD Mapping
Trend 6: Automotive App Stores
Trend 7: Connectivity-enabled Vehicle Repossession
Impact of Trends by Region
Connected Vehicle Sales by Regions
Connected Vehicle Penetration by Region
Product-type Forecast
Product Type Snapshot by Region
Pricing and Service Models
2023 Regional Analysis: North America
2023 OEM Connected Vendor Analysis: North America
2023 Regional Analysis: Europe
2023 OEM Connected Vehicle Sales Analysis: Europe
2023 Regional Analysis: India
2023 OEM Connected Vehicle Sales Analysis: India
2023 Regional Analysis: Brazil
2023 Regional Analysis: South Korea
2023 Regional Analysis: Japan
2023 Regional Analysis: China
2023 Regional Analysis: RoW
Growth Opportunity 1: App Stores to Supplement In-vehicle Payments
Growth Opportunity 1: App Stores to Supplement In-vehicle Payments (continued)
Growth Opportunity 2: Connected Vehicle Services will Gain Traction Beyond Europe and North America
Growth Opportunity 2: Connected Vehicle Services will Gain Traction Beyond Europe and North America (continued)
Growth Opportunity 3: OEMs to Implement their Vision of Life on Board
Growth Opportunity 3: OEMs to Implement their Vision of Life on Board (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
List of Figures
- Connected Vehicles: Annual Growth of Key Regions, Global, 2022 and 2023
- Connected Vehicles: Connected Services Revenue by Region, Global, 2023
- Connected Vehicles: Top Market Trends, Global, 2023–2030
- Connected Vehicles: Installed Base, Global, 2022, 2023, and 2030
- Connected Vehicles: Connectivity Penetration, Global, 2023
- Connected Vehicles: Product Type Forecast, Global, 2022–2030
- Connected Vehicles: Product Type Snapshot by Region, Global, 2022 and 2023
- Connected Vehicles Telematics: Pricing Models, Global, 2023 and 2030
- Connected Vehicle Market: Regional Analysis, North America, 2023
- Connected Vehicles: Select OEM Analysis, North America, 2022 and 2023
- Connected Vehicles: Regional Analysis, Europe, 2023
- Connected Vehicle Services: Select OEM Analysis, Europe, 2022 and 2023
- Connected Vehicles: Regional Analysis, India, 2023
- Connected Vehicle Services: Select OEM Analysis, India, 2022 and 2023
- Connected Vehicles: Regional Analysis, Brazil, 2023
- Connected Vehicles: Regional Analysis, South Korea, 2023
- Connected Vehicles: Regional Analysis, Japan, 2023
- Connected Vehicles: Regional Analysis, China, 2023
- Connected Vehicles: Regional Analysis, RoW, 2023
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