North America Connected Car Services Market (2024-2030) | Forecast, Size, Analysis, Value, Industry, Trends, Growth, Outlook, Companies, Share,& Revenue
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 (the United States of America, Canada & Rest of North America) and Competitive Landscape.
| Product Code: ETC001559 | Publication Date: Aug 2024 | Updated Date: Aug 2024 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
North America Connected Car Services Market Highlights
| Report Name | North America Connected Car Services Market |
| Forecast period | 2024-2030 |
| CAGR | 10.4% |
| Growing Sector | OEM |
Topics Covered in North America Connected Car Services Market Report
North America 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.
North America Connected Car Services Market Synopsis
The North America Connected Car Services Market is experiencing robust growth, fueled by advancements in automotive technology and the increasing demand for enhanced vehicle safety and convenience features.
According to 6Wresearch, the North America Connected Car Services Market is projected to grow at a CAGR of 10.4% from 2024-2030. The OEM sector is the fastest-growing segment, driven by automakers' efforts to integrate advanced connected services to enhance vehicle performance and user experience. The rising adoption of autopilot and navigation services is significantly contributing to market growth. Additionally, increasing consumer demand for smart and connected vehicles is further propelling the market.
However, the market faces several challenges, including the high cost of implementing connected car technologies and concerns over data privacy and cybersecurity. The substantial investment required for the development and integration of these technologies can be a barrier for smaller manufacturers. Furthermore, ensuring the security of connected systems against cyber threats is crucial for gaining consumer trust and market acceptance.
North America Connected Car Services Market Leading Players
Leading players in the North America Connected Car Services Market include General Motors, Ford Motor Company, and AT&T Inc. General Motors is renowned for its extensive range of connected services, including navigation and vehicle management, which enhance the driving experience. Ford Motor Company offers innovative connected solutions such as autopilot and predictive diagnostics, catering to both OEM and aftermarket segments. AT&T Inc. specializes in providing reliable on-road assistance and asset tracking services, known for their effectiveness and dependability.
North America Connected Car Services Industry Government Initiatives
Governments across North America are actively supporting the adoption of connected car services through various initiatives. These include regulations aimed at improving vehicle safety standards and encouraging the integration of advanced technologies in the automotive industry. Efforts to develop smart city infrastructure and enhance road safety are also boosting the demand for connected car services. Moreover, investments in 5G technology and improved internet connectivity are expected to facilitate the growth of the connected car ecosystem. Additionally, policies to reduce import duties on advanced automotive technologies are anticipated to support market expansion.
Future Insights of the Market
The North America 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 such as IoT in smart car services. Growing inclination towards energy-efficient and automated driving solutions, coupled with increasing demand for smart and green appliances by concerned individuals, is expected to influence the sales of eco-friendly models. In addition to this, the automotive industry will keep its importance high as more and more manufacturers offer premium connected services. Moreover, growth opportunities are significant within the residential segment as increasing preference for high-end vehicle management systems among consumers would lift up demand. In brief, growth will be driven by innovation and sustainability-oriented focus in the market.
Market Segmentation By Services
According to Ravi Bhandari, Research Head, 6Wresearch, autopilot and navigation services are leading the market due to their widespread adoption in enhancing driving convenience and safety.
Market Segmentation By Form Types
High demand for the Embedded system because it can be easily integrated and provides better performance in connected car services.
Market Segmentation By End Markets
The OEM sector holds the largest market share, with the share concentrated at the top tier for automakers to provide even better vehicle performance and user experience deploying connected car technologies to maximize profit.
Market Segmentation By Countries
The United States took the top spot, thanks to its mature automotive industry and a variety of new services related to connected vehicles that are emerging across different segments.
Key Attractiveness of the Report
- 10 Years of Market Numbers.
- Historical Data Starting from 2020 to 2023.
- Base Year 2023
- Forecast Data until 2030.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- North America Connected Car Services Market Overview
- North America Connected Car Services Market Outlook
- North America Connected Car Services Market Forecast
- Historical Data of North America Connected Car Services Market Revenues, for the Period 2020-2030
- North America Connected Car Services Market Size and North America Connected Car Services Market Forecast of Revenues, Until 2030
- Historical Data of North America Connected Car Services Market Revenues, By Services, for the Period 2020-2030
- Market Size & Forecast of North America Connected Car Services Market Revenues, By Services, Until 2030
- Historical Data of North America Connected Car Services Market Revenues, By Form Types, for the Period 2020-2030
- Market Size & Forecast of North America Connected Car Services Market Revenues, By Form Types, Until 2030
- Historical Data of North America Connected Car Services Market Revenues, By End Markets, for the Period 2020-2030
- Market Size & Forecast of North America Connected Car Services Market Revenues, By End Markets, Until 2030
- Historical Data of United States of America Connected Car Services Market Revenues, for the Period 2020-2030
- Market Size & Forecast of the United States of America Connected Car Services Market Revenues, Until 2030
- Historical Data of Canada Connected Car Services Market Revenues, for the Period 2016-201
- Market Size & Forecast of Canada Connected Car Services Market Revenues, Until 2030
- Historical Data of Rest of North America Connected Car Services Market Revenues, for the Period 2020-2030
- Market Size & Forecast of Rest of North America Connected Car Services Market Revenues, Until 2030
- Market Drivers and Restraints
- North America Connected Car Services Market Trends and Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- North America Connected Car Services Market Share, By Players
- North America Connected Car Services Market Share, By Regions
- North America Connected Car Services Market Overview on Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments
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
- The United States Of America
- Canada
- Rest Of North America
North America Connected Car Services Market (2024-2030); FAQs
The North America Connected Car Services Market is projected to grow at a CAGR of 10.4% from 2024 to 2030.
The market growth is driven by advancements in automotive technology, increasing demand for enhanced vehicle safety and convenience features, and the growing OEM sector.
Challenges include high implementation costs, data privacy and cybersecurity concerns, and the substantial investment required for development and integration.
The report covers key segments including Services, Form Types, End Markets, and Countries.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
| 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 North America Connected Car Services Market Overview |
| 3.1 North America Country Indicators |
| 3.2 North America Connected Car Services Market Revenues, 2020-2030F |
| 3.3 North America Connected Car Services Market Revenue Share, By Services, 2020 & 2030F |
| 3.4 North America Connected Car Services Market Revenue Share, By Form Types, 2020 & 2030F |
| 3.5 North America Connected Car Services Market Revenue Share, By End Markets, 2020 & 2030F |
| 3.6 North America Connected Car Services Market Revenue Share, By Regions, 2020 & 2030F |
| 3.7 North America Connected Car Services Market - Industry Life Cycle |
| 3.8 North America Connected Car Services Market - Porter’s Five Forces |
| 4 North America Connected Car Services Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 North America Connected Car Services Market Trends |
| 6 North America Connected Car Services Market Overview, By Services |
| 6.1 North America Connected Car Services Market Revenues, By Autopilot, 2020-2030F |
| 6.2 North America Connected Car Services Market Revenues, By Navigation, 2020-2030F |
| 6.3 North America Connected Car Services Market Revenues, By eCall & SOS Assistance, 2020-2030F |
| 6.4 North America Connected Car Services Market Revenues, By Predictive Diagnostics, 2020-2030F |
| 6.5 North America Connected Car Services Market Revenues, By On-Road Assistance, 2020-2030F |
| 6.6 North America Connected Car Services Market Revenues, By Asset Tracking, 2020-2030F |
| 6.7 North America Connected Car Services Market Revenues, By Auto Parking/Connected Parking, 2020-2030F |
| 6.8 North America Connected Car Services Market Revenues, By Vehicle Management, 2020-2030F |
| 6.9 North America Connected Car Services Market Revenues, By Others, 2020-2030F |
| 7 North America Connected Car Services Market Overview, By Form Types |
| 7.1 North America Connected Car Services Market Revenues, By Embedded, 2020-2030F |
| 7.2 North America Connected Car Services Market Revenues, By Tethered, 2020-2030F |
| 7.3 North America Connected Car Services Market Revenues, By Integrated, 2020-2030F |
| 8 North America Connected Car Services Market Overview, By End Markets |
| 8.1 North America Connected Car Services Market Revenues, By OEM, 2020-2030F |
| 8.2 North America Connected Car Services Market Revenues, By After-Markets, 2020-2030F |
| 9 United States of America Connected Car Services Market Overview |
| 9.1 United States of America Connected Car Services Market Revenues, 2020-2030F |
| 9.2 United States of America Connected Car Services Market Revenues, By Services, 2020-2030F |
| 9.3 United States of America Connected Car Services Market Revenues, By Form Types, 2020-2030F |
| 9.4 United States of America Connected Car Services Market Revenues, By End Markets, 2020-2030F |
| 10 Canada Connected Car Services Market Overview |
| 10.1 Canada Connected Car Services Market Revenues, 2020-2030F |
| 10.2 Canada Connected Car Services Market Revenues, By Services, 2020-2030F |
| 10.3 Canada Connected Car Services Market Revenues, By Form Types, 2020-2030F |
| 10.4 Canada Connected Car Services Market Revenues, By End Markets, 2020-2030F |
| 11 Rest of North America Connected Car Services Market Overview |
| 11.1 Rest of North America Connected Car Services Market Revenues & Volume, 2020-2030F |
| 12 North America Connected Car Services Market Key Performance Indicators |
| 13 North America Connected Car Services Market Opportunity Assessment |
| 13.1 North America Connected Car Services Market Opportunity Assessment, By Services, 2030F |
| 13.2 North America Connected Car Services Market Opportunity Assessment, By Form Types, 2030F |
| 13.3 North America Connected Car Services Market Opportunity Assessment, By End Markets, 2030F |
| 14 North America Connected Car Services Market Competitive Landscape |
| 14.1 North America Connected Car Services Market Revenue Share, By Companies, 2020 |
| 14.1.1 United States of America Connected Car Services Market Revenue Share, By Companies, 2020 |
| 14.1.2 Canada Connected Car Services Market Revenue Share, By Companies, 2023 |
| 14.2 North America Connected Car Services Market Competitive Benchmarking, By Services |
| 15 Company Profiles |
| 16 Key Strategic Recommendations |
| 17 Disclaimer |
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(the United States of America, Canada & Rest of North America) and Competitive Landscape.
| Product Code: ETC001559 | Publication Date: Jan 2020 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Growing automobile industry, an increasing market for smartphones, increasing tie-ups of automobile manufacturers with the connected car service system manufacturers coupled with declining prices have propelled the growth of the connected car services market in North America. Moreover, improvements in cybersecurity technologies have positively influenced consumer opinion which drives the market for North American connected car services.
According to 6Wresearch, the North America Connected Car Services Market size is anticipated to grow considerably during 2020-2026. The United States is the leading revenue-generating country in the North America region on the back of the presence of an established network infrastructure. Also, the ‘Intelligent Transportation Society of America’ continuously works towards the distribution of technologies such as vehicle to vehicle and vehicle to infrastructure systems, thereby fueling the market demand for connected car services in the country. However, the Canadian market is expected to register substantial growth over the forecast period due to the government's efforts to develop infrastructure to enable connectivity in different parts of the country.
Based on form types, the demand for integrated systems is likely to grow at the fastest rate during the forecast period. The spread of 5G Services would also positively impact the way companies and consumers view connected car services due to improved speed and efficiency of applications during the forecast period. Autopilot service is expected to be adopted at a larger scale as corporations such as Tesla make innovations to minimize human error to prevent accidents.
The North America connected car services market report systematically covers the market by services, form types, end markets, and key countries including the United States of America and Canada, and the rest of North America. The North America connected car services market outlook provides an unbiased and detailed analysis of the on-going North America connected car services 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.
North America Connected car service market is anticipated to register sound revenues in the coming time frame backed by the rising growth of the automobile industry backed by the introduction of advanced digital features such as antitheft, breakdown assistance, and concierge services which enable drivers or population to use in order to update the same while traveling which would foster the deployment for connected service. Further, rise in the growth of the United States connected car services market is anticipated to dominate the overall market share owing to rise in disposable income enabling consumers to spend over digitally modified cars in order to avail concierge services coupled with ensuring safety & comfort and would spur the growth of the North America connected car service market during the forecast period.
North America connected cars service market is anticipated to gain traction in the coming timeframe backed by the rising safety and security concerns in the developed and developing countries across the region. Additionally, on the basis of the country, the United States connected cars service market is estimated to generate humongous revenues in the market owing to the rising purchasing power that has stimulated the population to spend on luxury cars embedded with IoT. All these aforementioned factors are estimated to bolster the growth of the United States connected cars market, as a result, is estimated to boost the growth of the North America connected cars services market in the coming timeframe.
Key Highlights of the Report:
- North America Connected Car Services Market Overview
- North America Connected Car Services Market Outlook
- North America Connected Car Services Market Forecast
- Historical Data of North America Connected Car Services Market Revenues, for the Period 2016-2019
- North America Connected Car Services Market Size and North America Connected Car Services Market Forecast of Revenues, Until 2026
- Historical Data of North America Connected Car Services Market Revenues, By Services, for the Period 2016-2019
- Market Size & Forecast of North America Connected Car Services Market Revenues, By Services, Until 2026
- Historical Data of North America Connected Car Services Market Revenues, By Form Types, for the Period 2016-2019
- Market Size & Forecast of North America Connected Car Services Market Revenues, By Form Types, Until 2026
- Historical Data of North America Connected Car Services Market Revenues, By End Markets, for the Period 2016-2019
- Market Size & Forecast of North America Connected Car Services Market Revenues, By End Markets, Until 2026
- Historical Data of United States of America Connected Car Services Market Revenues, for the Period 2016-2019
- Market Size & Forecast of the United States of America Connected Car Services Market Revenues, Until 2026
- Historical Data of Canada Connected Car Services Market Revenues, for the Period 2016-201
- Market Size & Forecast of Canada Connected Car Services Market Revenues, Until 2026
- Historical Data of Rest of North America Connected Car Services Market Revenues, for the Period 2016-2019
- Market Size & Forecast of Rest of North America Connected Car Services Market Revenues, Until 2026
- Market Drivers and Restraints
- North America Connected Car Services Market Trends and Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- North America Connected Car Services Market Share, By Players
- North America Connected Car Services Market Share, By Regions
- North America Connected Car Services Market Overview on Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Markets Covered
The North America Connected Car Services Market report provides a detailed analysis of the following market segments:
- 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
- United States of America
- Canada
- Rest of North America
Other Key Reports Available:
- United States of America Connected Car Services Market Report
- Canada Connected Car Services Market Report
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