Selected research
Market Outlook & Growth Opportunities
Global Connected Vehicles Market Outlook and Growth Opportunities 2026
Market perspective
The global Connected Vehicles market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a compound annual growth rate (CAGR) of % over 2026-2032.
The North America market for Connected Vehicles is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The Europe market for Connected Vehicles is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Connected Vehicles is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
In China, the Connected Vehicles market is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Major global companies in the Connected Vehicles market include BMW, Broadcom, Chrysler, Benz, Daimler, Volkswagen, Hyundai Motor, Honda and Volvo, among others. In 2025, the top three vendors together accounted for approximately % of global market revenue.
This report provides an overview of the global Connected Vehicles market in terms of revenue and gross margin, analyzing global market trends using historical revenue data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Connected Vehicles and market revenue by major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Connected Vehicles revenue, market share, and industry ranking for the main companies for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
Across the 2021-2026 period, the analysis compares revenue growth and profitability profiles by company, distinguishing participants with sustained expansion from those with more cyclical performance, and relates these patterns to differences in regional exposure, product portfolios, and application focus in the global Connected Vehicles market.
Connected Vehicles Segment by Company
BMW
Broadcom
Chrysler
Benz
Daimler
Volkswagen
Hyundai Motor
Honda
Volvo
Luxoft
Qualcomm
Toyota
Garmin
Connected Vehicles Segment by Type
Embedded Connected Vehicles
Tethered Connected Vehicles
Integrated Connected Vehicles
Connected Vehicles Segment by Application
Car
Train
Other
Connected Vehicles Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global Connected Vehicles status and future forecast, involving, revenue, growth rate (CAGR), market share, historical and forecast.
2. To present the Connected Vehicles key companies, revenue, market share, and recent developments.
3. To split the Connected Vehicles breakdown data by regions, type, companies, and application.
4. To analyze the global and key regions Connected Vehicles market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify Connected Vehicles significant trends, drivers, influence factors in global and regions.
6. To analyze Connected Vehicles competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Connected Vehicles market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Connected Vehicles and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in sales and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Connected Vehicles.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size.
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Connected Vehicles industry.
Chapter 3: Detailed analysis of Connected Vehicles company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales value of Connected Vehicles in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of key country in the world.
Chapter 7: Sales value of Connected Vehicles in country level. It provides sigmate data by type, and by application for each country/region.
Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 9: Concluding Insights.
More report detail
Tables and figures
Scope & coverage.
Types
- Embedded Connected Vehicles
- Tethered Connected Vehicles
- Integrated Connected Vehicles
Applications
- Car
- Train
- Other
Companies covered
- BMW
- Broadcom
- Chrysler
- Benz
- Daimler
- Volkswagen
- Hyundai Motor
- Honda
- Volvo
- Luxoft
- Qualcomm
- Toyota
- Garmin
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Connected Vehicles Market Size, 2021 VS 2025 VS 2032
- 1.3 Global Connected Vehicles Market Size (2021-2032)
- 1.4 Assumptions and Limitations
- 1.5 Study Goals and Objectives
2 Connected Vehicles Market Dynamics
- 2.1 Connected Vehicles Industry Trends
- 2.2 Connected Vehicles Industry Drivers
- 2.3 Connected Vehicles Industry Opportunities and Challenges
- 2.4 Connected Vehicles Industry Restraints
3 Connected Vehicles Market by Company
- 3.1 Global Connected Vehicles Company Revenue Ranking in 2025
- 3.2 Global Connected Vehicles Revenue by Company (2021-2026)
- 3.3 Global Connected Vehicles Company Ranking (2024-2026)
- 3.4 Global Connected Vehicles Company Manufacturing Base and Headquarters
- 3.5 Global Connected Vehicles Company Product Type and Application
- 3.6 Global Connected Vehicles Company Establishment Date
- 3.7 Market Competitive Analysis
- 3.7.1 Global Connected Vehicles Market Concentration Ratio (CR5 and HHI)
- 3.7.2 Global Top 5 and 10 Company Market Share by Revenue in 2025
- 3.7.3 2025 Connected Vehicles Tier 1, Tier 2, and Tier 3 Companies
- 3.8 Mergers and Acquisitions Expansion
4 Connected Vehicles Market by Type
- 4.1 Connected Vehicles Type Introduction
- 4.1.1 Embedded Connected Vehicles
- 4.1.2 Tethered Connected Vehicles
- 4.1.3 Integrated Connected Vehicles
- 4.2 Global Connected Vehicles Sales Value by Type
- 4.2.1 Global Connected Vehicles Sales Value by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Connected Vehicles Sales Value by Type (2021-2032)
- 4.2.3 Global Connected Vehicles Sales Value Share by Type (2021-2032)
5 Connected Vehicles Market by Application
- 5.1 Connected Vehicles Application Introduction
- 5.1.1 Car
- 5.1.2 Train
- 5.1.3 Other
- 5.2 Global Connected Vehicles Sales Value by Application
- 5.2.1 Global Connected Vehicles Sales Value by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Connected Vehicles Sales Value by Application (2021-2032)
- 5.2.3 Global Connected Vehicles Sales Value Share by Application (2021-2032)
6 Connected Vehicles Regional Value Analysis
- 6.1 Global Connected Vehicles Sales Value by Region: 2021 VS 2025 VS 2032
- 6.2 Global Connected Vehicles Sales Value by Region (2021-2032)
- 6.2.1 Global Connected Vehicles Sales Value by Region: 2021-2026
- 6.2.2 Global Connected Vehicles Sales Value by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Connected Vehicles Sales Value (2021-2032)
- 6.3.2 North America Connected Vehicles Sales Value Share by Country, 2025 VS 2032
- 6.4 Europe
- 6.4.1 Europe Connected Vehicles Sales Value (2021-2032)
- 6.4.2 Europe Connected Vehicles Sales Value Share by Country, 2025 VS 2032
- 6.5 Asia-Pacific
- 6.5.1 Asia-Pacific Connected Vehicles Sales Value (2021-2032)
- 6.5.2 Asia-Pacific Connected Vehicles Sales Value Share by Country, 2025 VS 2032
- 6.6 South America
- 6.6.1 South America Connected Vehicles Sales Value (2021-2032)
- 6.6.2 South America Connected Vehicles Sales Value Share by Country, 2025 VS 2032
- 6.7 Middle East & Africa
- 6.7.1 Middle East & Africa Connected Vehicles Sales Value (2021-2032)
- 6.7.2 Middle East & Africa Connected Vehicles Sales Value Share by Country, 2025 VS 2032
7 Connected Vehicles Country-level Value Analysis
- 7.1 Global Connected Vehicles Sales Value by Country: 2021 VS 2025 VS 2032
- 7.2 Global Connected Vehicles Sales Value by Country (2021-2032)
- 7.2.1 Global Connected Vehicles Sales Value by Country (2021-2026)
- 7.2.2 Global Connected Vehicles Sales Value by Country (2027-2032)
- 7.3 USA
- 7.3.1 USA Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.3.2 USA Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.3.3 USA Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.4 Canada
- 7.4.1 Canada Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.4.2 Canada Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.4.3 Canada Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.5 Mexico
- 7.5.1 Mexico Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.5.2 Mexico Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.5.3 Mexico Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.6 Germany
- 7.6.1 Germany Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.6.2 Germany Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.6.3 Germany Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.7 France
- 7.7.1 France Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.7.2 France Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.7.3 France Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.8 U.K.
- 7.8.1 U.K. Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.8.2 U.K. Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.8.3 U.K. Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.9 Italy
- 7.9.1 Italy Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.9.2 Italy Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.9.3 Italy Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.10 Spain
- 7.10.1 Spain Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.10.2 Spain Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.10.3 Spain Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.11 Russia
- 7.11.1 Russia Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.11.2 Russia Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.11.3 Russia Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.12 Netherlands
- 7.12.1 Netherlands Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.12.2 Netherlands Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.12.3 Netherlands Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.13 Nordic Countries
- 7.13.1 Nordic Countries Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.13.2 Nordic Countries Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.13.3 Nordic Countries Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.14 China
- 7.14.1 China Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.14.2 China Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.14.3 China Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.15 Japan
- 7.15.1 Japan Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.15.2 Japan Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.15.3 Japan Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.16 South Korea
- 7.16.1 South Korea Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.16.2 South Korea Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.16.3 South Korea Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.17 India
- 7.17.1 India Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.17.2 India Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.17.3 India Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.18 Australia
- 7.18.1 Australia Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.18.2 Australia Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.18.3 Australia Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.19 Southeast Asia
- 7.19.1 Southeast Asia Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.19.2 Southeast Asia Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.19.3 Southeast Asia Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.20 Brazil
- 7.20.1 Brazil Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.20.2 Brazil Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.20.3 Brazil Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.21 Argentina
- 7.21.1 Argentina Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.21.2 Argentina Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.21.3 Argentina Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.22 Chile
- 7.22.1 Chile Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.22.2 Chile Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.22.3 Chile Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.23 Colombia
- 7.23.1 Colombia Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.23.2 Colombia Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.23.3 Colombia Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.24 Peru
- 7.24.1 Peru Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.24.2 Peru Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.24.3 Peru Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.25 Saudi Arabia
- 7.25.1 Saudi Arabia Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.25.2 Saudi Arabia Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.25.3 Saudi Arabia Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.26 Israel
- 7.26.1 Israel Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.26.2 Israel Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.26.3 Israel Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.27 UAE
- 7.27.1 UAE Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.27.2 UAE Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.27.3 UAE Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.28 Turkey
- 7.28.1 Turkey Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.28.2 Turkey Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.28.3 Turkey Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.29 Iran
- 7.29.1 Iran Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.29.2 Iran Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.29.3 Iran Connected Vehicles Sales Value Share by Application, 2025 VS 2032
- 7.30 Egypt
- 7.30.1 Egypt Connected Vehicles Sales Value Growth Rate (2021-2032)
- 7.30.2 Egypt Connected Vehicles Sales Value Share by Type, 2025 VS 2032
- 7.30.3 Egypt Connected Vehicles Sales Value Share by Application, 2025 VS 2032
8 Company Profiles
- 8.1 BMW
- 8.1.1 BMW Company Information
- 8.1.2 BMW Business Overview
- 8.1.3 BMW Connected Vehicles Revenue and Gross Margin (2021-2026)
- 8.1.4 BMW Connected Vehicles Product Portfolio
- 8.1.5 BMW Recent Developments
- 8.2 Broadcom
- 8.2.1 Broadcom Company Information
- 8.2.2 Broadcom Business Overview
- 8.2.3 Broadcom Connected Vehicles Revenue and Gross Margin (2021-2026)
- 8.2.4 Broadcom Connected Vehicles Product Portfolio
- 8.2.5 Broadcom Recent Developments
- 8.3 Chrysler
- 8.3.1 Chrysler Company Information
- 8.3.2 Chrysler Business Overview
- 8.3.3 Chrysler Connected Vehicles Revenue and Gross Margin (2021-2026)
- 8.3.4 Chrysler Connected Vehicles Product Portfolio
- 8.3.5 Chrysler Recent Developments
- 8.4 Benz
- 8.4.1 Benz Company Information
- 8.4.2 Benz Business Overview
- 8.4.3 Benz Connected Vehicles Revenue and Gross Margin (2021-2026)
- 8.4.4 Benz Connected Vehicles Product Portfolio
- 8.4.5 Benz Recent Developments
- 8.5 Daimler
- 8.5.1 Daimler Company Information
- 8.5.2 Daimler Business Overview
- 8.5.3 Daimler Connected Vehicles Revenue and Gross Margin (2021-2026)
- 8.5.4 Daimler Connected Vehicles Product Portfolio
- 8.5.5 Daimler Recent Developments
- 8.6 Volkswagen
- 8.6.1 Volkswagen Company Information
- 8.6.2 Volkswagen Business Overview
- 8.6.3 Volkswagen Connected Vehicles Revenue and Gross Margin (2021-2026)
- 8.6.4 Volkswagen Connected Vehicles Product Portfolio
- 8.6.5 Volkswagen Recent Developments
- 8.7 Hyundai Motor
- 8.7.1 Hyundai Motor Company Information
- 8.7.2 Hyundai Motor Business Overview
- 8.7.3 Hyundai Motor Connected Vehicles Revenue and Gross Margin (2021-2026)
- 8.7.4 Hyundai Motor Connected Vehicles Product Portfolio
- 8.7.5 Hyundai Motor Recent Developments
- 8.8 Honda
- 8.8.1 Honda Company Information
- 8.8.2 Honda Business Overview
- 8.8.3 Honda Connected Vehicles Revenue and Gross Margin (2021-2026)
- 8.8.4 Honda Connected Vehicles Product Portfolio
- 8.8.5 Honda Recent Developments
- 8.9 Volvo
- 8.9.1 Volvo Company Information
- 8.9.2 Volvo Business Overview
- 8.9.3 Volvo Connected Vehicles Revenue and Gross Margin (2021-2026)
- 8.9.4 Volvo Connected Vehicles Product Portfolio
- 8.9.5 Volvo Recent Developments
- 8.10 Luxoft
- 8.10.1 Luxoft Company Information
- 8.10.2 Luxoft Business Overview
- 8.10.3 Luxoft Connected Vehicles Revenue and Gross Margin (2021-2026)
- 8.10.4 Luxoft Connected Vehicles Product Portfolio
- 8.10.5 Luxoft Recent Developments
- 8.11 Qualcomm
- 8.11.1 Qualcomm Company Information
- 8.11.2 Qualcomm Business Overview
- 8.11.3 Qualcomm Connected Vehicles Revenue and Gross Margin (2021-2026)
- 8.11.4 Qualcomm Connected Vehicles Product Portfolio
- 8.11.5 Qualcomm Recent Developments
- 8.12 Toyota
- 8.12.1 Toyota Company Information
- 8.12.2 Toyota Business Overview
- 8.12.3 Toyota Connected Vehicles Revenue and Gross Margin (2021-2026)
- 8.12.4 Toyota Connected Vehicles Product Portfolio
- 8.12.5 Toyota Recent Developments
- 8.13 Garmin
- 8.13.1 Garmin Company Information
- 8.13.2 Garmin Business Overview
- 8.13.3 Garmin Connected Vehicles Revenue and Gross Margin (2021-2026)
- 8.13.4 Garmin Connected Vehicles Product Portfolio
- 8.13.5 Garmin Recent Developments
9 Concluding Insights
10 Appendix
- 10.1 Reasons for Doing This Study
- 10.2 Research Methodology
- 10.3 Research Process
- 10.4 Authors List of This Report
- 10.5 Data Source
- 10.5.1 Secondary Sources
- 10.5.2 Primary Sources
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