Global Connected Vehicle Outlook 2023

Global Connected Vehicle Outlook 2023

Transformative Mega Trends Compel Automakers and Suppliers to Develop Innovative Business Models to Capture Recurring Revenue Potential

Connected vehicles is one of the most technologically advanced domains in the automotive industry with far-reaching impacts. The Global Connected Vehicles Outlook 2023 provides insights into:

• Upcoming technologies, features, services, and trends

• The 2022 market scenario and global and regional predictions for 2023, highlighting selected industry best practices

• The market by region (North America, Brazil, Europe, China, India, South Korea, Japan, 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

Frost & Sullivan interviewed thought leaders from original equipment manufacturers, Tier 1 suppliers, technology and telecommunications providers, and other diverse yet related stakeholders. We forecast the connected vehicle market based on three types of connectivity: smartphone, tethered, and embedded. Notably, the study examines the growth opportunities available to automakers and Tier 1 suppliers in the connected cars space for the next few years.