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Revenues in the Connected Hardware segment in Europe* from 2017 to 2023 (in million U.S. dollars)

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Connected Hardware revenue in Europe 2017-2023 This statistic shows a revenue forecast up to 2023 for the Connected Hardware segment in Europe*. According to the Digital Market Outlook, revenues are going to be at 8.253,1 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.
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Revenues in million US$
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Description

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This statistic shows a revenue forecast up to 2023 for the Connected Hardware segment in Europe*. According to the Digital Market Outlook, revenues are going to be at 8.253,1 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.
Show more
Release date
July 2018
Region
Europe
Survey time period
2018
Supplementary notes
The Connected Hardware segment includes products and devices that enable networking of vehicles. A distinction is made between Basic Telematics and Infotainment and Communication Systems.

Basic Telematics are aimed at sending and receiving a limited amount of data e. g. for geolocalization or remote access to the vehicle. Either an embedded (eSim) or external SIM-card is required, for example via tethering the driver’s smartphone.

Infotainment and Communication Systems include hardware for extended use of connected services. Infotainment Systems serve as an interface between car and driver. In addition to displays, they usually include high-performance computers which are necessary e.g. for navigating or the integration of apps and virtual assistants. Communication Systems facilitate and improve mobile phone integration e.g. via accessing to the car antenna or Wi-Fi hotspots.

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