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 (Saudi Arabia, United Arab Emirates, Turkey, Kuwait, Oman, Qatar, Bahrain, South Africa, Egypt, Nigeria & Rest of the Middle East and Africa) and Competititve Landscape.
Product Code: ETC001558 | Publication Date: Jan 2020 | Updated Date: Aug 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
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.
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.
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.
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.
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.
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.
High demand for the Embedded system because it can be easily integrated and provides better performance in connected car services.
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.
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.
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 The Middle East and Africa Connected Car Services Market Overview |
3.1 the Middle East and Africa Country Indicators |
3.2 the Middle East and Africa Connected Car Services Market Revenues, 2020-2030F |
3.3 the Middle East and Africa Connected Car Services Market Revenue Share, By Services, 2020 & 2030F |
3.4 the Middle East and Africa Connected Car Services Market Revenue Share, By Form Types, 2020 & 2030F |
3.5 the Middle East and Africa Connected Car Services Market Revenue Share, By End Markets, 2020 & 2030F |
3.6 the Middle East and Africa Connected Car Services Market Revenue Share, By Regions, 2020 & 2030F |
3.7 the Middle East and Africa Connected Car Services Market - Industry Life Cycle |
3.8 the Middle East and Africa Connected Car Services Market - Porter’s Five Forces |
4 The Middle East and Africa Connected Car Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 The Middle East and Africa Connected Car Services Market Trends |
6 The Middle East and Africa Connected Car Services Market Overview, By Services |
6.1 the Middle East and Africa Connected Car Services Market Revenues, By Autopilot, 2020-2030F |
6.2 the Middle East and Africa Connected Car Services Market Revenues, By Navigation, 2020-2030F |
6.3 the Middle East and Africa Connected Car Services Market Revenues, By eCall & SOS Assistance, 2020-2030F |
6.4 the Middle East and Africa Connected Car Services Market Revenues, By Predictive Diagnostics, 2020-2030F |
6.5 the Middle East and Africa Connected Car Services Market Revenues, By On-Road Assistance, 2020-2030F |
6.6 the Middle East and Africa Connected Car Services Market Revenues, By Asset Tracking, 2020-2030F |
6.7 the Middle East and Africa Connected Car Services Market Revenues, By Auto Parking/Connected Parking, 2020-2030F |
6.8 the Middle East and Africa Connected Car Services Market Revenues, By Vehicle Management, 2020-2030F |
6.9 the Middle East and Africa Connected Car Services Market Revenues, By Others, 2020-2030F |
7 The Middle East and Africa Connected Car Services Market Overview, By Form Types |
7.1 the Middle East and Africa Connected Car Services Market Revenues, By Embedded, 2020-2030F |
7.2 the Middle East and Africa Connected Car Services Market Revenues, By Tethered, 2020-2030F |
7.3 the Middle East and Africa Connected Car Services Market Revenues, By Integrated, 2020-2030F |
8 The Middle East and Africa Connected Car Services Market Overview, By End Markets |
8.1 the Middle East and Africa Connected Car Services Market Revenues, By OEM, 2020-2030F |
8.2 the Middle East and Africa Connected Car Services Market Revenues, By After-Markets, 2020-2030F |
9 Saudi Arabia Connected Car Services Market Overview |
9.1 Saudi Arabia Connected Car Services Market Revenues, 2020-2030F |
9.2 Saudi Arabia Connected Car Services Market Revenues, By Services, 2020-2030F |
9.3 Saudi Arabia Connected Car Services Market Revenues, By Form Types, 2020-2030F |
9.4 Saudi Arabia Connected Car Services Market Revenues, By End Markets, 2020-2030F |
10 United Arab Emirates Connected Car Services Market Overview |
10.1 United Arab Emirates Connected Car Services Market Revenues, 2020-2030F |
10.2 United Arab Emirates Connected Car Services Market Revenues, By Services, 2020-2030F |
10.3 United Arab Emirates Connected Car Services Market Revenues, By Form Types, 2020-2030F |
10.4 United Arab Emirates Connected Car Services Market Revenues, By End Markets, 2020-2030F |
11 Turkey Connected Car Services Market Overview |
11.1 Turkey Connected Car Services Market Revenues, 2020-2030F |
11.2 Turkey Connected Car Services Market Revenues, By Services, 2020-2030F |
11.3 Turkey Connected Car Services Market Revenues, By Form Types, 2020-2030F |
11.4 Turkey Connected Car Services Market Revenues, By End Markets, 2020-2030F |
12 Kuwait Connected Car Services Market Overview |
12.1 Kuwait Connected Car Services Market Revenues, 2020-2030F |
12.2 Kuwait Connected Car Services Market Revenues, By Services, 2020-2030F |
12.3 Kuwait Connected Car Services Market Revenues, By Form Types, 2020-2030F |
12.4 Kuwait Connected Car Services Market Revenues, By End Markets, 2020-2030F |
13 Oman Connected Car Services Market Overview |
13.1 Oman Connected Car Services Market Revenues, 2020-2030F |
13.2 Oman Connected Car Services Market Revenues, By Services, 2020-2030F |
13.3 Oman Connected Car Services Market Revenues, By Form Types, 2020-2030F |
13.4 Oman Connected Car Services Market Revenues, By End Markets, 2020-2030F |
14 Qatar Connected Car Services Market Overview |
14.1 Qatar Connected Car Services Market Revenues, 2020-2030F |
14.2 Qatar Connected Car Services Market Revenues, By Services, 2020-2030F |
14.3 Qatar Connected Car Services Market Revenues, By Form Types, 2020-2030F |
14.4 Qatar Connected Car Services Market Revenues, By End Markets, 2020-2030F |
15 Bahrain Connected Car Services Market Overview |
15.1 Bahrain Connected Car Services Market Revenues, 2020-2030F |
15.2 Bahrain Connected Car Services Market Revenues, By Services, 2020-2030F |
15.3 Bahrain Connected Car Services Market Revenues, By Form Types, 2020-2030F |
15.4 Bahrain Connected Car Services Market Revenues, By End Markets, 2020-2030F |
16 South Africa Connected Car Services Market Overview |
16.1 South Africa Connected Car Services Market Revenues, 2020-2030F |
16.2 South Africa Connected Car Services Market Revenues, By Services, 2020-2030F |
16.3 South Africa Connected Car Services Market Revenues, By Form Types, 2020-2030F |
16.4 South Africa Connected Car Services Market Revenues, By End Markets, 2020-2030F |
17 Egypt Connected Car Services Market Overview |
17.1 Egypt Connected Car Services Market Revenues, 2020-2030F |
17.2 Egypt Connected Car Services Market Revenues, By Services, 2020-2030F |
17.3 Egypt Connected Car Services Market Revenues, By Form Types, 2020-2030F |
17.4 Egypt Connected Car Services Market Revenues, By End Markets, 2020-2030F |
18 Nigeria Connected Car Services Market Overview |
18.1 Nigeria Connected Car Services Market Revenues, 2020-2030F |
18.2 Nigeria Connected Car Services Market Revenues, By Services, 2020-2030F |
18.3 Nigeria Connected Car Services Market Revenues, By Form Types, 2020-2030F |
18.4 Nigeria Connected Car Services Market Revenues, By End Markets, 2020-2030F |
19 Rest of the Middle East and Africa Connected Car Services Market Overview |
19.1 Rest of the Middle East and Africa Connected Car Services Market Revenues & Volume, 2020-2030F |
20 The Middle East and Africa Connected Car Services Market Key Performance Indicators |
21 The Middle East and Africa Connected Car Services Market Opportunity Assessment |
21.1 the Middle East and Africa Connected Car Services Market Opportunity Assessment, By Services, 2030F |
21.2 the Middle East and Africa Connected Car Services Market Opportunity Assessment, By Form Types 2030F |
21.3 the Middle East and Africa Connected Car Services Market Opportunity Assessment, By End Markets, 2030F |
22 The Middle East and Africa Connected Car Services Market Competitive Landscape |
22.1 the Middle East and Africa Connected Car Services Market Revenue Share, By Companies, 2023 |
22.1.1 Saudi Arabia Connected Car Services Market Revenue Share, By Companies, 2023 |
22.1.2 United Arab Emirates Connected Car Services Market Revenue Share, By Companies, 2030 |
22.1.3 Turkey Connected Car Services Market Revenue Share, By Companies, 2023 |
22.1.4 Kuwait Connected Car Services Market Revenue Share, By Companies, 2023 |
22.1.5 Oman Connected Car Services Market Revenue Share, By Companies, 2023 |
22.1.6 Qatar Connected Car Services Market Revenue Share, By Companies, 2023 |
22.1.7 Bahrain Connected Car Services Market Revenue Share, By Companies, 2023 |
22.1.8 South Africa Connected Car Services Market Revenue Share, By Companies, 2023 |
22.1.9 Egypt Connected Car Services Market Revenue Share, By Companies, 2023 |
22.1.10 Nigeria Connected Car Services Market Revenue Share, By Companies, 2023 |
22.2 the Middle East and Africa Connected Car Services Market Competitive Benchmarking, By Services |
23 Company Profiles |
24 Key Strategic Recommendations |
25 Disclaimer |