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Connected Car

in-scope

  • OEM hardware, which allows networking of vehicles in different versions
  • Charges for vehicle-related services
  • Fees for infotainment offers

out-of-scope

  • B2B services
  • Telematics for fleet management
  • Third party upgrade-hardware
  • Sensors and driving assistance systems
Market definition

Highlights

United States

  • Revenue in the "Connected Car" market amounts to US$8,194m in 2017.
  • Revenue is expected to show an annual growth rate (CAGR 2017-2021) of 22.0 % resulting in a market volume of US$18,143m in 2021.
  • The Connected Car penetration is at 12.0 % in 2017 and is expected to hit 34.3 % in 2021.
  • The market's largest segment is the segment "Connected Hardware" with a market volume of US$7,304m in 2017.
  • From a global comparison perspective it is shown that most revenue is generated in the United States (US$8,194m in 2017).
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Connected Car

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Exclusive content

Revenue Revenue Growth

in the Connected Car market in million US$ in percent

Reading Support Revenue in the "Connected Car" market amounts to US$8,194m in 2017. Reading Support The "Connected Car" market is expected to show a revenue growth of 33.7 % in 2018.

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  • Absolute
  • Growth
Info

Revenue:

The “Revenue” box shows the forecasted revenue development of the selected market (market segment, region) in million US dollars for each year.


Revenue Growth:

The “Revenue Growth” box shows the year-over-year revenue development of the selected market (market segment, region) in percentage terms.

A definition and detailed explanation of the displayed markets can be found here.
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Connected Cars Penetration Rate

in the Connected Car market in millions in percent

Reading Support In the "Connected Car" market, the number of Connected Cars is expected to amount to 35.6m by 2021. Reading Support Penetration in the "Connected Car" market is at 12.0 % in 2017.

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  • Absolute
  • Penetration
Info

Connected Cars:

The “Connected Cars” box shows the number of existing Connected Cars of the selected market (market segment, region) in millions for each year.


Penetration Rate:

The “Penetration Rate” box shows the share of Connected Cars from the total number of passenger cars of the selected market (market segment, region) for each year.

A definition and detailed explanation of the displayed markets can be found here.
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Average Revenue per Connected Car

in the Connected Car market in US$

Reading Support The average revenue per Connected Car in the Connected Car amounts to US$600.76 in 2017.

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Average Revenue per Connected Car:

The box shows the average annual revenue per Connected Car in US dollars of the selected market (market segment, region) for each year.

A definition and detailed explanation of the displayed markets can be found here.
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Global Comparison - Revenue

in the Connected Car market in million US$ in 2017

Reading Support With a market volume of US$8,194m in 2017, most revenue is generated in the United States.

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Top Countries
United States
China
Germany
United Kingdom
Japan
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Global Comparison – Revenue:

The “Revenue” tab shows a comparison of revenues for the leading economies in the selected market (market segment, region) and year.

A definition and detailed explanation of the displayed markets can be found here.
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Key Market Indicators

The following Key Market Indicators give an overview of the demographic, economic and technological development of the selected region on the basis of general KPIs. The calculation of Statista’s Market Outlook is based on a complex market-driver logic including over 400 region-specific data sets.

2015201620172018201920202021 CAGR
(2015-2021)
Cars / 1000 inhabitants
?
xxx.x xxx.x xxx.x xxx.x xxx.x xxx.x xxx.x
New Passenger Car Salesin thousands
?
x,xxx x,xxx x,xxx x,xxx x,xxx x,xxx x,xxx
Smartphone Penetrationin percent
?
xx.x xx.x xx.x xx.x xx.x xx.x xx.x
Internet Penetrationin percent
?
xx.x xx.x xx.x xx.x xx.x xx.x xx.x
GDP / Capitain US$
?
xx,xxx xx,xxx xx,xxx xx,xxx xx,xxx xx,xxx xx,xxx
Householdsin millions
?
xxx.x xxx.x xxx.x xxx.x xxx.x xxx.x xxx.x
Populationin millions
?
xxx.x xxx.x xxx.x xxx.x xxx.x xxx.x xxx.x
Source: Statista, August 2016
Source: Statista, August 2016, based on IMF, World Bank, UN and Eurostat
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