Connected Car revenue in Europe 2017-2023

This statistic shows a revenue forecast up to 2023 for the Connected Car Market in Europe*. According to the Digital Market Outlook, revenues are going to be at 9.062,1 million U.S. dollar in 2023.

Statista’s Digital Market Outlook offers forecasts, detailed market insights and essential performance indicators of the most significant areas in the “Digital Economy”, including various digital goods and services. Alongside revenue forecasts for 50 countries worldwide, Statista offers additional insights into consumer trends and demographic structure of digital consumer markets.

Revenues in the Connected Car Market in Europe* from 2017 to 2023

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Source

Release date

July 2018

Region

Europe

Survey time period

2018

Supplementary notes

The Connected Car market includes the one-time purchase of hardware which enables vehicles to network in various ways, as well as regularly collected fees for various services. A car is considered "connected" as soon as it is equipped with hardware which enables internet connection, thus creating the basis for communication of the vehicle with other connected cars, smartphones, and the environment.

The hardware ranges from simple telematics for gathering, sending, and receiving limited amounts of data to products that enable extended use of internet connectivity and infotainment offers.

The individual services are divided into vehicle-related services such as maintenance and diagnostics as well as infotainment services such as navigation services or media streaming.

Not included are B2B services (e.g. telematics for fleet management), commercial vehicles and solutions that allow subsequent networking.

*Regions only include countries listed in the Digital Market Outlook.

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Statistics on "Connected cars in Europe"

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