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Connected cars worldwide - statistics & facts

It is estimated that there are over one billion motor vehicles in use worldwide. In 2019, worldwide sales of connected cars with embedded telematics are estimated to have hit 28.5 million units. The rising number of automobiles and trucks on the world’s streets requires more intelligent forms of urban transport than the conventional ones, and today’s smart cities are providing the smart infrastructure that is needed for the implementation of connected car programs.

Advantages of connected cars

These programs are believed to assist the driver and thus help avoid car crashes and congestion, as well as reduce road transport-related carbon dioxide emissions. The various market segments related to the connected car market include automotive infotainment and navigation technologies, electric vehicle services, car safety systems, electronic tolling, fleet relationship management, insurance services and fleet management.

Market potential

By 2025, the market for advanced driver assistance systems (ADAS) is expected to grow to about 36 billion euros. The companies most likely to benefit from the trend towards connected cars include autonomous vehicle startups such as Cruise, but also Japan’s automotive infotainment firms Panasonic and Pioneer, car brands such as Germany’s BMW and Volkswagen, as well as key players in the field of fleet management systems, including the California-based Trimble Navigation and TomTom of the Netherlands.

Interesting statistics

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Connected cars worldwide

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