Market Forecast By Services(Autopilot, Navigation, eCall & SOS Assistance, Predictive Diagnostics, On-Road Assistance, Asset Tracking, Auto Parking/Connected Parking, Vehicle Management & Others), By Form Types(Embedded, Tethered, Integrated), By End Markets(OEM, Aftermarket), By Countries(Germany, Italy, France, United Kingdom & Rest of Europe) and Competitive Landscape.
Product Code: ETC001556 | Publication Date: Jan 2020 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Europe Connected Car Services Market |
Forecast Period | 2025 - 2031 |
CAGR | 10.2% |
Growing Sector | Navigation |
Europe Connected Car Services Market report thoroughly covers the market by Services, Form Types, End Markets, and Countries. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Europe Connected Car Services Market is experiencing robust growth, driven by the increasing integration of advanced connectivity solutions in vehicles. According to 6Wresearch, the Europe Connected Car Services Market is projected to grow at a CAGR of 10.2% from 2025-2031. The largest increase is taking place in the navigation segment - with growing need for real-time traffic & route optimization services. Moreover, the increase in use of autopilot and predictive diagnostics services is bolstering this market growth recountally.
However, the market is also facing some difficulties like high costs for implementing and integrating AI technology into diagnostics process as well as issues pertaining to data privacy & cybersecurity. These can be problems that could bar the change in connected car services. Additionally, the complexity of integrating various connected services into a unified platform poses a significant technical challenge for service providers.
Key players in the Europe Connected Car Services Market include Bosch, Continental, and Vodafone. Bosch is recognized for its innovative autopilot and predictive diagnostics solutions that enhance vehicle performance and safety. Continental provides a wide range of connected car services, including navigation and eCall & SOS assistance, known for their reliability and advanced features. Vodafone offers comprehensive on-road assistance and vehicle management services, which are highly valued by both OEMs and aftermarket customers.
European governments have introduced numerous initiatives to foster the growth of connected car services. These include stringent regulations mandating the incorporation of eCall systems in all new cars, thereby driving market demand. Efforts to develop smart transportation infrastructure and promote autonomous driving technologies are further propelling the market. Additionally, funding for research and development in connected vehicle technologies and policies aimed at enhancing data security and privacy are expected to support market growth. The emphasis on reducing road accidents and improving traffic management through connected car services is also a significant factor driving the market.
The Europe Connected Car Services Market is anticipated to witness significant growth over the next five years. Market growth is expected to be driven by technological advancements like IoT integration in connected car services. Growing inclination towards energy-efficient and smart vehicles, coupled with increasing demand for advanced connectivity features by tech-savvy consumers, is expected to influence the sales of connected car services. In addition to this, the navigation and autopilot segments will keep their importance high as more vehicles offer premium connectivity options. Moreover, growth opportunities are significant within the OEM segment as increasing preference for factory-fitted connected solutions among car manufacturers would lift up demand. In brief, growth will be driven by innovation and sustainability-oriented focus in the market.
According to Ravi Bhandari, Research Head, 6Wresearch, navigation services are leading the market due to their crucial role in providing real-time traffic updates and route optimization, making them indispensable for both individual and fleet management applications.
Embedded car services have established a wider connectivity, which easily and more conveniently connects with different form types as compared to other modes.
It is driven by the high demand for factory fitted connectivity solutions on account of growing consumer inclination toward advanced in-car tech, making OEMs hold over a major chunk of its share.
The region is the largest due to its robust automotive industry in countries such as Germany, where several original equipment manufacturers (OEMs) have been working tirelessly towards introducing connected and autonomous vehicles on a large scale for quite some time
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Connected Car Services Market Overview |
3.1 Europe Country Indicators |
3.2 Europe Connected Car Services Market Revenues, 2021-2031F |
3.3 Europe Connected Car Services Market Revenue Share, By Services, 2021-2031F |
3.5 Europe Connected Car Services Market Revenue Share, By Form Types, 2021-2031F |
3.7 Europe Connected Car Services Market Revenue Share, By End Markets, 2021-2031F |
3.8 Europe Connected Car Services Market Revenue Share, By Regions, 2021-2031F |
3.9 Europe Connected Car Services Market - Industry Life Cycle |
3.1 Europe Connected Car Services Market - Porter’s Five Forces |
4 Europe Connected Car Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Connected Car Services Market Trends |
6 Europe Connected Car Services Market Overview, By Services |
6.1 Europe Connected Car Services Market Revenues, By Autopilot, 2021-2031F |
6.2 Europe Connected Car Services Market Revenues, By Navigation, 2021-2031F |
6.3 Europe Connected Car Services Market Revenues, By eCall & SOS Assistance, 2021-2031F |
6.4 Europe Connected Car Services Market Revenues, By Predictive Diagnostics, 2021-2031F |
6.5 Europe Connected Car Services Market Revenues, By On-Road Assistance, 2021-2031F |
6.6 Europe Connected Car Services Market Revenues, By Asset Tracking, 2021-2031F |
6.7 Europe Connected Car Services Market Revenues, By Auto Parking/Connected Parking, 2021-2031F |
6.8 Europe Connected Car Services Market Revenues, By Vehicle Management, 2021-2031F |
6.9 Europe Connected Car Services Market Revenues, By Others, 2021-2031F |
7 Europe Connected Car Services Market Overview, By Form Types |
7.1 Europe Connected Car Services Market Revenues, By Embedded, 2021-2031F |
7.2 Europe Connected Car Services Market Revenues, By Tethered, 2021-2031F |
7.3 Europe Connected Car Services Market Revenues, By Integrated, 2021-2031F |
8 Europe Connected Car Services Market Overview, By End Markets |
8.1 Europe Connected Car Services Market Revenues, By OEM, 2021-2031F |
8.2 Europe Connected Car Services Market Revenues, By After-Markets, 2021-2031F |
9 Germany Connected Car Services Market Overview |
9.1 Germany Connected Car Services Market Revenues, 2021-2031F |
9.2 Germany Connected Car Services Market Revenues, By Services, 2021-2031F |
9.3 Germany Connected Car Services Market Revenues, By Form Types, 2021-2031F |
9.4 Germany Connected Car Services Market Revenues, By End Markets, 2021-2031F |
10 Italy Connected Car Services Market Overview |
10.1 Italy Connected Car Services Market Revenues, 2021-2031F |
10.2 Italy Connected Car Services Market Revenues, By Services, 2021-2031F |
10.3 Italy Connected Car Services Market Revenues, By Form Types, 2021-2031F |
10.4 Italy Connected Car Services Market Revenues, By End Markets, 2021-2031F |
11 France Connected Car Services Market Overview |
11.1 France Connected Car Services Market Revenues, 2021-2031F |
11.2 France Connected Car Services Market Revenues, By Services, 2021-2031F |
11.3 France Connected Car Services Market Revenues, By Form Types, 2021-2031F |
11.4 France Connected Car Services Market Revenues, By End Markets, 2021-2031F |
12 United Kingdom Connected Car Services Market Overview |
12.1 United Kingdom Connected Car Services Market Revenues, 2021-2031F |
12.2 United Kingdom Connected Car Services Market Revenues, By Services, 2021-2031F |
12.3 United Kingdom Connected Car Services Market Revenues, By Form Types, 2021-2031F |
12.4 United Kingdom Connected Car Services Market Revenues, By End Markets, 2021-2031F |
13 Rest of Europe Connected Car Services Market Overview |
13.1 Rest of Europe Connected Car Services Market Revenues & Volume, 2021-2031F |
14 Europe Connected Car Services Market Key Performance Indicators |
15 Europe Connected Car Services Market Opportunity Assessment |
15.1 Europe Connected Car Services Market Opportunity Assessment, By Services, 2027F |
15.2 Europe Connected Car Services Market Opportunity Assessment, By Form Types, 2027F |
15.3 Europe Connected Car Services Market Opportunity Assessment, By End Markets, 2027F |
16 Europe Connected Car Services Market Competitive Landscape |
16.1 Europe Connected Car Services Market Revenue Share, By Companies, 2021-2031F |
16.1.1 Germany Connected Car Services Market Revenue Share, By Companies, 2021-2031F |
16.1.2 Italy Connected Car Services Market Revenue Share, By Companies, 2021-2031F |
16.1.3 France Connected Car Services Market Revenue Share, By Companies, 2021-2031F |
16.1.4 United Kingdom Connected Car Services Market Revenue Share, By Companies, 2021-2031F |
16.2 Europe Connected Car Services Market Competitive Benchmarking, By Services |
17 Company Profiles |
18 Key Strategic Recommendations |
19 Disclaimer |