Middle East and Africa Connected Car Services Market (2024-2030) | Outlook, Analysis, Growth, Trends, Revenue, Companies, Value, Industry, Share, Size & Forecast

Middle East And Africa Connected Car Services Market Highlights

Report Name	Middle East And Africa Connected Car Services Market
Forecast period	2024-2030
CAGR	10.7%
Growing Sector	OEM

Middle East And Africa 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.

Middle East And Africa Connected Car Services Market Synopsis

The MEA Connected Car Services Market is witnessing robust growth, driven by the increasing adoption of advanced vehicular technologies and the rising demand for enhanced driving experiences.

According to 6Wresearch, the Middle East And Africa manufacturers' focus on delivering superior vehicle performance and user experiences through connected car technologies. Additionally, the rising consumer demand for safety and convenience features, such as autopilot and navigation services, is boosting market growth. The increasing vehicle ownership and higher disposable income levels in the region further support the adoption of connected car services.

However, the market faces challenges such as high implementation costs and data privacy concerns. The significant investment required for integrating advanced services can be a barrier for smaller manufacturers. Additionally, ensuring the security of connected systems against cyber threats remains a critical concern that must be addressed to maintain consumer trust.

Middle East and Africa Connected Car Services Market Market: Leading Players

Leading players in the MEA Connected Car Services Market include Continental AG, Robert Bosch GmbH, and Valeo SA. Continental AG is renowned for its cutting-edge autopilot and navigation solutions, which enhance driving safety and convenience. Robert Bosch GmbH offers a comprehensive range of connected car services, including predictive diagnostics and eCall assistance, catering to both OEM and aftermarket segments. Valeo SA specializes in advanced vehicle management and asset tracking solutions, recognized for their reliability and efficiency.

Middle East and Africa Connected Car Services Market Industry: Government Initiatives

Governments across the MEA region are actively promoting the adoption of connected car services through various initiatives. These include policies aimed at improving vehicle safety standards and encouraging the integration of advanced technologies in the automotive sector. Efforts to develop smart city infrastructure and enhance road safety are also driving the demand for connected car services. Moreover, investments in 5G technology and improving internet connectivity are expected to facilitate the growth of the connected car ecosystem. Additionally, initiatives to reduce import duties on advanced automotive technologies are anticipated to support market expansion.

Future Insights of the Market

The MEA 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 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

Saudi Arabia is the leading country, supported by its strong automotive industry and the emergence of various new services related to connected vehicles 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:

• The Middle East and Africa Connected Car Services Market Overview
• The Middle East and Africa Connected Car Services Market Outlook
• The Middle East and Africa Connected Car Services Market Forecast
• Historical Data of the Middle East and Africa Connected Car Services Market Revenues, for the Period 2020-2030
• The Middle East and Africa Connected Car Services Market Size and the Middle East and Africa Connected Car Services Market Forecast of Revenues, Until 2030
• Historical Data of the Middle East and Africa Connected Car Services Market Revenues, By Services, for the Period 2020-2030
• Market Size & Forecast of the Middle East and Africa Connected Car Services Market Revenues, By Services, Until 2030
• Historical Data of Connected Car Services Market Revenues, By Form Types, for the Period 2020-2030
• Market Size & Forecast of the Middle East and Africa Connected Car Services Market Revenues, By Form Types, Until 2030
• Historical Data of the Middle East and Africa Connected Car Services Market Revenues, By End Markets, for the Period 2020-2030
• Market Size & Forecast of the Middle East and Africa Connected Car Services Market Revenues, By End Markets, Until 2030
• Historical Data of Saudi Arabia Connected Car Services Market Revenues, for the Period 2020-2030
• Market Size & Forecast of Saudi Arabia Connected Car Services Market Revenues, Until 2030
• Historical Data of United Arab Emirates Connected Car Services Market Revenues, for the Period 2020-2030
• Market Size & Forecast of United Arab Emirates Connected Car Services Market Revenues, Until 2030
• Historical Data of Turkey Connected Car Services Market Revenues, for the Period 2020-2030
• Market Size & Forecast of Turkey Connected Car Services Market Revenues, Until 2030
• Historical Data of Kuwait Connected Car Services Market Revenues, for the Period 2020-2030
• Market Size & Forecast of Kuwait Connected Car Services Market Revenues, Until 2030
• Historical Data of Oman Connected Car Services Market Revenues, for the Period 2020-2030
• Market Size & Forecast of Oman Connected Car Services Market Revenues, Until 2030
• Historical Data of Qatar Connected Car Services Market Revenues, for the Period 2020-2030
• Market Size & Forecast of Qatar Connected Car Services Market Revenues, Until 2030
• Historical Data of Bahrain Connected Car Services Market Revenues, for the Period 2020-2030
• Market Size & Forecast of Bahrain Connected Car Services Market Revenues, Until 2030
• Historical Data of South Africa Connected Car Services Market Revenues, for the Period 2020-2030
• Market Size & Forecast of South Africa Connected Car Services Market Revenues, Until 2030
• Historical Data of Egypt Connected Car Services Market Revenues, for the Period 2020-2030
• Market Size & Forecast of Egypt Connected Car Services Market Revenues, Until 2030
• Historical Data of Nigeria Connected Car Services Market Revenues, for the Period 2020-2030
• Market Size & Forecast of Nigeria Connected Car Services Market Revenues, Until 2030
• Historical Data of the Rest of the Middle East and Africa Connected Car Services Market Revenues, for the Period 2020-2030
• Market Size & Forecast of the Rest of the Middle East and Africa Connected Car Services Market Revenues, Until 2030
• Market Drivers and Restraints
• The Middle East and Africa Connected Car Services Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• The Middle East and Africa Connected Car Services Market Share, By Players
• The Middle East and Africa Connected Car Services Market Share, By Regions
• The Middle East and Africa 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

• Saudi Arabia
• United Arab Emirates
• Turkey
• Kuwait
• Oman
• Qatar
• Bahrain
• South Africa
• Egypt
• Nigeria
• Rest Of The Middle East And Africa

Middle East and Africa (MEA) Connected Car Services Market (2024-2030): FAQs