Market Overview:
The global connected car safety solutions market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for advanced safety features in vehicles and the rising number of road accidents. The global connected car safety solutions market can be segmented on the basis of type into V2I, V2V, V2C, V2P, and V2X. The passenger cars segment is expected to account for the majority share of the global connected car safety solutions market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period. The commercial cars segment is expected to register highest growth rate during 2018-2030 owing high adoption rates across developed countries such as U.S.
Product Definition:
A connected car safety solution is a system or service that uses technology to improve the safety of a vehicle and its occupants. Connected car safety solutions can include features like automatic emergency braking, lane departure warning systems, and blind spot monitoring systems. These technologies can help drivers avoid accidents or mitigate the effects of accidents when they do occur. The importance of connected car safety solutions is clear; by reducing the number of accidents, these systems can save lives.
V2I:
Vehicular to Infrastructure (V2I) communication is a method of sharing information between vehicles and roadside infrastructure. It helps in enhancing road safety by enabling vehicles to communicate with each other and avoid potential accidents. V2I technology has been gaining popularity owing to its ability to enhance road safety, reduce traffic congestion, increase fuel economy & minimize CO2 emissions along with providing mobility services such as navigation & emergency call systems.
V2V:
V2V communication is the transfer of information from a vehicle to another using short-range wireless communication. It allows vehicles to share data such as position, speed and direction with other connected devices in the network. The V2V technology helps enhance road safety by enabling cars to communicate and coordinate with each other, avoiding accidents caused due to lack of awareness or inability of vehicles in detecting the presence of another vehicle on road.
Application Insights:
The passenger cars segment dominated the global connected car safety solutions market in 2017. The growing number of smartphone users and internet connectivity has enabled consumers to interact with various automotive manufacturers through social media platforms for obtaining latest information regarding new vehicle launches and customer support. This, in turn, is expected to drive the demand for V2V communication systems as well as V2I systems over the forecast period.
Moreover, governments are also taking initiatives to ensure road safety by deploying connected vehicles technology across all commercial vehicles on roads globally.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period, with a notable increase in investments and initiatives undertaken by governments and other organizations to enhance road safety. For instance, government bodies such as National Highway Traffic Safety Administration (NHTSA), Department of Transportation (DOT) are taking various measures such as educational campaigns against Distracted Driving (Texting While Driving). Such government initiatives are anticipated to boost demand for connected car safety solutions across North America.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to increasing adoption rates of advanced technologies across several countries including China, Japan, South Korea among others. Furthermore, growing penetration rates V2X communication systems coupled with rising number & severity of traffic accidents is also likely contribute towards regional growth rate during the same period.
Growth Factors:
- Increasing demand for safety features in automobiles
- Government regulations and mandates for safety features in automobiles
- Rising number of road accidents and fatalities globally
- Proliferation of connected car technologies and platforms
- Growing demand for telematics services
Scope Of The Report
Report Attributes
Report Details
Report Title
Connected Car Safety Solutions Market Research Report
By Type
V2I, V2V, V2C, V2P, V2X
By Application
Passenger Cars, Commercial Cars
By Companies
Harman, Arxan, Argus, Guardtime, Directed Technologies, Trillium, IOActive, Intertrust, Karamba Security, Magna, NCC Group, NNG, Onboard Security, Secunet, Security Innovation, Symantec
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Connected Car Safety Solutions Market Report Segments:
The global Connected Car Safety Solutions market is segmented on the basis of:
Types
V2I, V2V, V2C, V2P, V2X
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Commercial Cars
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Harman
- Arxan
- Argus
- Guardtime
- Directed Technologies
- Trillium
- IOActive
- Intertrust
- Karamba Security
- Magna
- NCC Group
- NNG
- Onboard Security
- Secunet
- Security Innovation
- Symantec
Highlights of The Connected Car Safety Solutions Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- V2I
- V2V
- V2C
- V2P
- V2X
- By Application:
- Passenger Cars
- Commercial Cars
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Connected Car Safety Solutions Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Connected car safety solutions are a suite of technologies that allow drivers to stay connected and safe while driving. These technologies can include features like hands-free calling, navigation, and automatic braking.
Some of the major companies in the connected car safety solutions market are Harman, Arxan, Argus, Guardtime, Directed Technologies, Trillium, IOActive, Intertrust, Karamba Security, Magna, NCC Group, NNG, Onboard Security, Secunet, Security Innovation, Symantec.
The connected car safety solutions market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Connected Car Safety Solutions Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Connected Car Safety Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Connected Car Safety Solutions Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Connected Car Safety Solutions Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Connected Car Safety Solutions Market Size & Forecast, 2018-2028
4.5.1 Connected Car Safety Solutions Market Size and Y-o-Y Growth
4.5.2 Connected Car Safety Solutions Market Absolute $ Opportunity
Chapter 5 Global Connected Car Safety Solutions Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Connected Car Safety Solutions Market Size Forecast by Type
5.2.1 V2I
5.2.2 V2V
5.2.3 V2C
5.2.4 V2P
5.2.5 V2X
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Connected Car Safety Solutions Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Connected Car Safety Solutions Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Cars
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Connected Car Safety Solutions Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Connected Car Safety Solutions Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Connected Car Safety Solutions Analysis and Forecast
9.1 Introduction
9.2 North America Connected Car Safety Solutions Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Connected Car Safety Solutions Market Size Forecast by Type
9.6.1 V2I
9.6.2 V2V
9.6.3 V2C
9.6.4 V2P
9.6.5 V2X
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Connected Car Safety Solutions Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Cars
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Connected Car Safety Solutions Analysis and Forecast
10.1 Introduction
10.2 Europe Connected Car Safety Solutions Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Connected Car Safety Solutions Market Size Forecast by Type
10.6.1 V2I
10.6.2 V2V
10.6.3 V2C
10.6.4 V2P
10.6.5 V2X
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Connected Car Safety Solutions Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Cars
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Connected Car Safety Solutions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Connected Car Safety Solutions Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Connected Car Safety Solutions Market Size Forecast by Type
11.6.1 V2I
11.6.2 V2V
11.6.3 V2C
11.6.4 V2P
11.6.5 V2X
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Connected Car Safety Solutions Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Cars
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Connected Car Safety Solutions Analysis and Forecast
12.1 Introduction
12.2 Latin America Connected Car Safety Solutions Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Connected Car Safety Solutions Market Size Forecast by Type
12.6.1 V2I
12.6.2 V2V
12.6.3 V2C
12.6.4 V2P
12.6.5 V2X
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Connected Car Safety Solutions Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Cars
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Connected Car Safety Solutions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Connected Car Safety Solutions Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Connected Car Safety Solutions Market Size Forecast by Type
13.6.1 V2I
13.6.2 V2V
13.6.3 V2C
13.6.4 V2P
13.6.5 V2X
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Connected Car Safety Solutions Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Cars
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Connected Car Safety Solutions Market: Competitive Dashboard
14.2 Global Connected Car Safety Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Harman
14.3.2 Arxan
14.3.3 Argus
14.3.4 Guardtime
14.3.5 Directed Technologies
14.3.6 Trillium
14.3.7 IOActive
14.3.8 Intertrust
14.3.9 Karamba Security
14.3.10 Magna
14.3.11 NCC Group
14.3.12 NNG
14.3.13 Onboard Security
14.3.14 Secunet
14.3.15 Security Innovation
14.3.16 Symantec
