Automotive Connectivity Market Set to Expand as Demand for Smart, Connected Vehicles Accelerates
The Automotive Connectivity Market focuses on advanced communication technologies in vehicles, navigation, & infotainment systems for improved user experience.
NEWARK, DE, UNITED STATES, February 18, 2025 /EINPresswire.com/ -- The global demand for Automotive Connectivity is estimated to be worth USD 42.0 billion in 2025 and is anticipated to reach a value of USD 101.2 billion by 2035. Demand for Automotive Connectivity is projected to rise at a CAGR of 9.2% over the forecast period between 2025 and 2035. The revenue generated by implementation of Automotive Connectivity in 2024 was USD 38.4 billion. The industry is predicted to exhibit a Y-o-Y growth of 9.1% in 2025. This projected growth indicates a value growth of nearly 2.4X from the current value over the study period.The Automotive Connectivity Market is poised for substantial growth, driven by the increasing demand for smart, connected vehicle solutions that enhance driving experience, safety, and vehicle efficiency. As the automotie industry undergoes a digital transformation, connectivity technology has become a fundamental aspect, facilitating seamless communication between vehicles, infrastructure, and external devices. Automakers are actively integrating connectivity solutions that support infotainment, navigation, and real-time diagnostics, marking a new era of innovation in mobility.
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก:
The rise in consumer expectations for advanced in-car experiences, coupled with stringent regulatory requirements for vehicle safety and emission reduction, has spurred the adoption of connected automotive technologies. The proliferation of 5G networks, the expansion of the Internet of Things (IoT), and increased investment in autonomous driving technology are further propelling growth in the automotive connectivity sector.Connected vehicles equipped with telematics, V2X (Vehicle-to-Everything) communication, and over-the-air updates are setting new standards for innovation in the automotive space.
๐๐๐ญ ๐๐ก๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ฎ๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ: ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฐ!
https://www.futuremarketinsights.com/report-sample#5245502d47422d3135393033
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ:
โข Rising Demand for Enhanced In-Car Experiences:
Growing consumer expectations for connected, feature-rich vehicles are driving automakers to develop advanced infotainment and connectivity solutions.
โข Increasing Focus on Safety and Efficiency:
Automotive connectivity technologies, including telematics and V2X communication, are improving driver safety and vehicle efficiency, meeting regulatory standards and customer demands.
โข Impact of 5G and IoT Expansion:
The deployment of 5G networks and the proliferation of IoT devices are enabling real-time communication and data transfer, which are key to the success of autonomous and connected vehicles.
โข Growth in Autonomous Vehicle Development:
As automakers progress toward autonomous vehicle technology, connected solutions are becoming essential for vehicles to communicate with infrastructure and other vehicles on the road.
โข Strategic Partnerships and Innovation in Connectivity Solutions:
Industry leaders are collaborating with tech firms to enhance automotive connectivity, integrating features like over-the-air updates and advanced navigation systems to improve vehicle functionality.
๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ: ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
https://www.futuremarketinsights.com/reports/automotive-connectivity-market
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
Quality and compliance tests and certifications for automotive connectivity modules can be complex and time-consuming. As a result, companies like Rolling Wireless and LG that specialize in car networking modules dominate the industry. As a result of its success in the Chinese market, IoT module market leader Quectel has entered the top three. Telecom providers in North America and Europe have approved Quectelโs automotive-grade modules. Traditional specialists like Rolling Wireless, LG, Continental, and Harman will face stiff competition as a result.
Even though the automotive transition presents an alluring revenue potential, the entry barriers for IoT module players are still substantial. However, Chinese IoT module players will face challenges reaching overseas markets because of geopolitical trade conflicts and data security concerns.
To meet the rising demand for connectivity and mitigate supply-chain risks, automakers will look to diversify the sources of their modules. Moreover, several developing nations like India, Indonesia, Thailand, and Brazil are likely to want to establish their own manufacturing ecosystem to gain more influence over their respective supply chains.
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐จ๐ง๐ง๐๐๐ญ๐ข๐ฏ๐ข๐ญ๐ฒ ๐๐๐ซ๐ค๐๐ญ
๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:
โข 3G
โข 4G/LTE
โข 5G
๐๐จ๐ง๐ง๐๐๐ญ๐ข๐ฏ๐ข๐ญ๐ฒ:
โข Integrated
โข Embedded
โข Tethered
๐๐ง๐-๐๐ฌ๐๐ซ๐ฌ:
โข Original Equipment Manufacturer (OEMs)
โข Aftermarket
๐๐๐ ๐ข๐จ๐ง:
โข North America
โข Latin America
โข Asia Pacific
โข MEA (Middle East and Africa)
โข Europe
๐๐ง๐ฅ๐จ๐๐ค ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ฆ๐๐ซ๐ญ & ๐๐จ๐ง๐ง๐๐๐ญ๐๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
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Ankush Nikam
Future Market Insights, Inc.
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