Dublin, June 11, 2024 (GLOBE NEWSWIRE) -- The "2024 Connected Vehicle Growth Outlook" report has been added to ResearchAndMarkets.com's offering.
Connected vehicles is one of the most technologically advanced domains in the automotive industry with far-reaching impacts. Connected vehicles, with all its facets, has been a hot topic in recent years and is expected to continue to evolve in 2024 spreading its relevance outside of the vehicle to bring a connected lifestyle to vehicle users.
This project provides insights into:
- Upcoming technologies, features, services, and trends
- The 2023 market scenario and global and regional predictions for 2024, highlighting selected industry best practices
- The market by region (Asia-Pacific, China, Europe, India, Japan, North America, South America, South Korea, and the Rest of the World)
- Challenges that will reshape the automotive industry, particularly in the connected vehicle space
- Participants in different areas of the ecosystem, such as connected services, human-machine interface, connectivity, and navigation
The publisher interviewed thought leaders from original equipment manufacturers, Tier I suppliers, technology and telecommunications providers, and other diverse yet related stakeholders. Forecasts are based on three types of connectivity: smartphone, tethered, and embedded. Notably, the analysis examines the growth opportunities available to automakers and Tier I suppliers in the connected cars space for the next few years.
Top Trends Driving the Global Connected Vehicle Market:
- Hyper-personalized HMI
- Enhanced Focus on OTA Updates
- In-vehicle Media Streaming
- Renewed Focus on FoD
- Automotive App Stores
- In-vehicle Gaming Services
- Car-as-a-Payment Devices
Key Topics Covered:
Growth Environment
- Key Findings: A Recap of 2023
- Key Findings: Top 10 Predictions for 2024
- Notable Regulations and Mandates: A Snapshot
- The Regional Connected Vehicles Market
- OTA-enabled Vehicles: Regional Analysis
- Key OEM Partnerships
- Connected Vehicle Ecosystem and Related Markets
Transformation in the Connected Vehicles Sector
Ecosystem
- Research Scope
- Definitions: Market Segmentation
Global Economic Outlook, 2024
- Top 10 Trends for 2024
- Top 10 Growth Opportunities
- Global GDP Growth: Mild Global Growth Slowdown from 3.0% in 2023 to 2.6% in 2024 as Key Economies Lose Growth Momentum
- Inflation and Interest Rates: Headline Inflation will Continue to Decline; H2 2024 Will Shift Towards Rate Cuts for Advanced Economies
- Currency Trajectory: Dollar to Remain Strong in H1 2024; Emerging Market Currencies to Get Boost from Q3 2024 Onwards
- OIL Markets: Q1 OPEC+ Oil Production Cuts; NON-OPEC Production to Rise
- Labor Market: Moderate Unemployment Uptick; Positive Expectations Over Market Sentiment to Support Labor Hoarding
- Critical Minerals Supplies: Need for Economic Resiliency Will Bolster Cross-Border and Cross-Industry Partnerships
- North America: Economic Slowdown Amidst Discretionary Spending Pullback and Elevated Interest Rates
- Western Europe: Moderate Growth Pick-up as Inflation Headwinds Ease Gradually; Rebuilding Fiscal Buffers to Take Precedence
- Middle East: Non-Oil Growth Driven by Economic Diversification to Limit the Pullback Caused by a Slowdown in Global Oil Markets
- Asia: Emerging Economies to Drive Growth Momentum; Fiscal Measures to Support Chinese Economic Recovery
- List of Countries
Global Connected Vehicle Regulations
- Connectivity Regulation Snapshot
- The European Data Act
Global Connected Vehicle Trends
- Top Trends Driving the Global Connected Vehicle Market
- Trend 1: Hyper-personalized HMI
- Trend 2: Enhanced Focus on OTA Updates
- Trend 3: In-vehicle Media Streaming
- Trend 4: Renewed Focus on FoD
- Trend 5: Automotive App Stores
- Trend 6: In-vehicle Gaming Services
- Trend 7: Car-as-a-Payment Devices
- Impact of Trends by Region: 2024
Growth Generator
- Connected Vehicle Sales by Region
- Connected Vehicle Penetration by Region
- Product Type Forecast
- Product Type Snapshot by Region
- Pricing and Service Models
- OTA Enabled Vehicle Sales by Region
- OTA Enabled Vehicle Penetration by Region
- OTA Phases and OEM Strategies
Growth Generator: Regional Analysis
- Regional Analysis: APAC
- Regional Analysis: China
- Regional Analysis: Europe
- Regional Analysis: India
- Regional Analysis: Japan
- Regional Analysis: North America
- Regional Analysis: South America
- Regional Analysis: South Korea
Growth Opportunity Universe
- Growth Opportunity 1: In-Vehicle Entertainment and Gaming
- Growth Opportunity 2: Connectivity as a Means of Improving Road Safety
- Growth Opportunity 3: OTA-Enabled Platforms
Best Practices Recognition
For more information about this report visit https://www.researchandmarkets.com/r/7gqef6
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