In terms of revenue, the global automotive connected car platform market will reach USD 8.47 billion in 2021, growing at a CAGR of almost 11%. The connected car technology is a vital development in the automotive industry, and the rising demand for connectivity solutions is allowing the connected car adoption to increase significantly compared to the growth of the passenger car segment. For instance, the connected car market is expected to grow about 10 times faster in terms of CAGR than the overall passenger car market during the forecast period.
The global automotive connected car platform market has the presence of many vendors, and the market is witnessing the introduction of new players, owing to the rising demand for connected car technologies across the world. Hence, the competition among the players is expected to intensify further during the forecast period.Connected car tech has been growing within the automotive industry for the past two decades. Today, telematics and infotainment have become commonplace in connected car tech.
There are numerous connected car solution providers in the market today and businesses find it difficult to choose the appropriate one who can guide them in building long-lasting customer relationships. To help leaders navigate through the list of connected car solutionproviders, our panel comprising CEOs, CIOs, VCs, industry analysts and the editorial board of Autotech Outlook has narrowed down the top companies in this landscape who exhibit competence in delivering robust innovations. We present to you Autotech Outlook’s "Top 10 Connected Car Solution Providers in Europe – 2021