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Vehicle Services

in-scope

  • Services that analyze data, based on connected hardware
  • Fees for vehicle-related services

out-of-scope

  • B2B services
  • Telematics for fleet management
  • Solutions that focus on additional services such as entertainment
Market definition

Highlights

United States

  • Revenue in the "Vehicle Services" segment amounts to US$127m in 2017.
  • Revenue is expected to show an annual growth rate (CAGR 2017-2021) of 37.5 % resulting in a market volume of US$455m in 2021.
  • The Connected Car penetration is at 0.7 % in 2017 and is expected to hit 3.4 % in 2021.
  • The market's largest segment is the segment "Maintenance and Diagnostics" with a market volume of US$105m in 2017.
  • From a global comparison perspective it is shown that most revenue is generated in the United States (US$127m in 2017).
Outlook Report: Vehicle Services

Trends, Insights & Top Players

Revenue Revenue Growth

in the Vehicle Services market in million US$ in percent

Reading Support Revenue in the "Vehicle Services" segment amounts to US$127m in 2017. Reading Support The "Vehicle Services" segment is expected to show a revenue growth of 54.9 % in 2018.

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  • Absolute
  • Growth
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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 Vehicle Services market in millions in percent

Reading Support In the "Vehicle Services" segment, the number of Connected Cars is expected to amount to 3.5m by 2021. Reading Support Penetration in the "Vehicle Services" segment is at 0.7 % in 2017.

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  • Absolute
  • Penetration
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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 Vehicle Services market in US$

Reading Support The average revenue per Connected Car in the Vehicle Services amounts to US$27.74 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 Vehicle Services market in million US$ in 2017

Reading Support With a market volume of US$127m in 2017, most revenue is generated in the United States.

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Top Countries
United States
Germany
China
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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