India connected car market size is projected to exhibit a growth rate (CAGR) of 20.10% during 2024-2032. The deployment of 5G networks, which enhances the speed and reliability of in-car connectivity, thereby enabling more advanced features and services, is driving the market.
Report Attribute
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032 |
Historical Years
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2018-2023
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Market Growth Rate (2024-2032) | 20.10% |
A connected car refers to an automobile equipped with advanced communication technologies that enable it to interact with external networks, devices, and services. These vehicles leverage the Internet of Things (IoT) to connect to the internet, allowing for seamless communication between the car, the driver, and various external entities. Connected cars often feature integrated sensors, GPS systems, and in-car entertainment systems that can access real-time data. This connectivity enhances safety, navigation, and entertainment experiences for drivers and passengers. Key functionalities include vehicle-to-infrastructure communication, enabling cars to exchange information with traffic signals and other infrastructure elements, and vehicle-to-vehicle communication, promoting cooperative driving and hazard warnings. The integration of connected car technologies also facilitates remote diagnostics, over-the-air updates, and the development of autonomous driving capabilities, contributing to a more intelligent, efficient, and safer driving ecosystem.
The connected car market in India is experiencing unprecedented growth, primarily fueled by advancements in technology and shifting consumer preferences. With the surge in demand for smart and efficient transportation solutions, manufacturers are integrating cutting-edge connectivity features into vehicles. Furthermore, the proliferation of 5G networks has significantly bolstered the capabilities of connected cars, enabling faster and more reliable communication between vehicles and the surrounding infrastructure. In addition to technological innovations, the growing emphasis on safety and convenience has emerged as a key driver for the connected car market. The integration of advanced driver-assistance systems (ADAS) and real-time monitoring functionalities enhances overall road safety, reducing accidents and fatalities. Moreover, the convenience factor associated with features such as remote diagnostics, predictive maintenance, and personalized infotainment systems is attracting a broader consumer base. Government initiatives and regulatory mandates are also playing a pivotal role in propelling the connected car market forward. As these factors converge, the connected car market in India is poised for sustained expansion, creating a dynamic landscape where technology, safety, convenience, and regulatory support are intricately interwoven.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on technology, connectivity solutions, service, and end market.
Technology Insights:
The report has provided a detailed breakup and analysis of the market based on the technology. This includes 3G, 4G/LTE, and 5G.
Connectivity Solutions Insights:
A detailed breakup and analysis of the market based on the connectivity solutions have also been provided in the report. This includes integrated, embedded, and tethered.
Service Insights:
The report has provided a detailed breakup and analysis of the market based on the service. This includes driver assistance, safety, entertainment, vehicle management, mobility management, and others.
End Market Insights:
A detailed breakup and analysis of the market based on the end market have also been provided in the report. This includes original equipment manufacturer (OEMS) and aftermarket.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Technologies Covered | 3G, 4G/LTE, 5G |
Connectivity Solutions Covered | Integrated, Embedded, Tethered |
Services Covered | Driver Assistance, Safety, Entertainment, Vehicle Management, Mobility Management, Others |
End Markets Covered | Original Equipment Manufacturer (OEMs), Aftermarket |
Regions Covered | North India, West and Central India, South India, East and Northeast India |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |