Europe Connected Car Services Market (2020-2026) | Analysis, Size, Share, Revenue, Trends, Forecast, Growth, industry, Outlook & COVID-19 IMPACT

Market Forecast By Services(AutopilotNavigationeCall & SOS AssistancePredictive DiagnosticsOn-Road AssistanceAsset TrackingAuto Parking/Connected Parking, Vehicle Management & Others), By Form Types(EmbeddedTetheredIntegrated), By End Markets(OEM, Aftermarket), By Countries(Germany, Italy, France, United Kingdom & Rest of Europe) and Competitive Landscape.

Product Code: ETC001556 Publication Date: Jan 2020 Updated Date: Apr 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Latest 2023 Development of the Europe Connected Car Services Market

The Europe connected car services market is registering an increasing demand for advanced driver-assistance systems (ADAS). With the growing need for safety and convenience features, the demand for ADAS systems in connected cars has been on the rise. These systems include features such as lane departure warnings, blind spot detection, and automatic emergency braking. Additionally, 5G networks have started to roll out across Europe, which is expected to significantly improve the performance of connected car services, enabling faster and more reliable communication between vehicles, infrastructure, and the cloud.

Europe connected car services industry is experiencing growth in the usage-based insurance (UBI) market. UBI is gaining popularity as a way to provide personalized insurance premiums based on driving behaviour. Connected cars are equipped with telematics devices that collect data on driving habits, which insurers can use to determine premiums. Moreover, the market has also witnessed several partnerships between automakers and technology companies. Automakers are partnering with technology companies to enhance their connected car services and increase their market share. For example, BMW has partnered with IBM to incorporate its Watson cognitive computing system into its cars, while Volvo has teamed up with Microsoft to develop new connected car technologies. In addition, there is an increased focus on cybersecurity. With the growing connectivity of cars, the risk of cyberattacks has also increased. As a result, there is a greater emphasis on cybersecurity measures to protect against potential threats.

Europe Connected Car Services Market Synopsis

Europe is the leading revenue-generating region in the global connected car services market. Government initiatives to enhance safety, consumer demand for electric vehicles, and growing government investment in the development of superior network infrastructure have fueled the growth of the connected car services market in Europe. Moreover, a growing collaboration of the automobile manufacturers with the network providers would further fuel the market growth over the forecast period.

According to 6Wresearch, the Europe Connected Car Services Market size is anticipated to grow during 2020-2026. Currently, Germany and France are the market leaders in the connected car services market in the Europe region. Government initiatives such as the compulsory installation of the eCall feature and mandate security provisions in cars have driven the demand for the connected car service market in the countries. However, with the growing penetration of artificial intelligence in the automobile industry, the demand for connected car services is expected to register substantial growth over the forecast period.

Based on form types integrated services accounted for a leading share of market demand and are expected to maintain their dominance over the forecast period as well. Additionally, mobile network operators are expected to increase their after-market presence such as in the telematics market during the forecast period. Currently, infotainment and navigation-related services constitute the largest share of consumer demand. However, over the next five years, the primary focus is expected to be on On-road assistance and security services.

The Europe connected car services market report systematically covers the market by services, form types, end markets, and key countries including Germany, Italy, France, the United Kingdom, and the Rest of Europe. The Europe connected car service market outlook provides an unbiased and detailed analysis of the ongoing Europe connected car services market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.

Europe connected car service market is estimated to witness exponential growth in the coming timeframe on the back of the rising need for anti-theft protection by retrofit telematics units which tend to automatically notify car owners about their stolen car by using a connected car system moreover, enable police officials and service centre to track accurate location which would spur the significant deployment for connected car services in the foreseeable future. Additionally., improvement in the network with the introduction of 4G & 5G data services which are also stimulating car manufacturers these days to design digitally modified cars is expected to benefit the progressive growth of Europe connected car service market in the coming years.

Europe connected car service market is anticipated to find its true potential in the upcoming six years on the back of the rising Internet of things across the region. Where, Germany is the top country deploying Connected cars followed by France, and the reason it is widely used is due to its salient features like improving traffic flow and proven energy efficiency with less wastage of petrol. And, the top companies are Volkswagen and Renault Nissan alliance account for more shipments in the region with an increase in the number of connected car users is expected to rise car services and is active as a catalyst for the growth of Europe connected cars services market in the coming timeframe.

Key Highlights of the Report:

  • Europe Connected Car Services Market Overview
  • Europe Connected Car Services Market Outlook
  • Europe Connected Car Services Market Forecast
  • Historical Data of Europe Connected Car Services Market Revenues, for the Period 2016-2019
  • Europe Connected Car Services Market Size and Europe Connected Car Services Market Forecast of Revenues, Until 2026
  • Historical Data of Europe Connected Car Services Market Revenues, By Services, for the Period 2016-2019
  • Market Size & Forecast of Europe Connected Car Services Market Revenues, By Services, Until 2026
  • Historical Data of Europe Connected Car Services Market Revenues, By Form Types, for the Period 2016-2019
  • Market Size & Forecast of Europe Connected Car Services Market Revenues, By Form Types, Until 2026
  • Historical Data of Europe Connected Car Services Market Revenues, By End Markets, for the Period 2016-2019
  • Market Size & Forecast of Europe Connected Car Services Market Revenues, By End Markets, Until 2026
  • Historical Data of Germany Connected Car Services Market Revenues, for the Period 2016-2019
  • Market Size & Forecast of Germany Connected Car Services Market Revenues, Until 2026
  • Historical Data of Italy Connected Car Services Market Revenues, for the Period 2016-201
  • Market Size & Forecast of Italy Connected Car Services Market Revenues, Until 2026
  • Historical Data of France Connected Car Services Market Revenues, for the Period 2016-2019
  • Market Size & Forecast of France Connected Car Services Market Revenues, Until 2026
  • Historical Data of United Kingdom Connected Car Services Market Revenues, for the Period 2016-2019
  • Market Size & Forecast of United Kingdom Connected Car Services Market Revenues, Until 2026
  • Historical Data of the Rest of Europe Connected Car Services Market Revenues, for the Period 2016-2019
  • Market Size & Forecast of the Rest of Europe Connected Car Services Market Revenues, Until 2026
  • Market Drivers and Restraints
  • Europe Connected Car Services Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Europe Connected Car Services Market Share, By Players
  • Europe Connected Car Services Market Share, By Regions
  • Europe Connected Car Services Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The Europe Connected Car Services Market report provides a detailed analysis of the following market segments:

By Services

  • Autopilot
  • Navigation
  • eCall & SOS Assistance
  • Predictive Diagnostics
  • On-Road Assistance
  • Asset Tracking
  • Auto Parking/Connected Parking
  • Vehicle Management
  • Others

By Form Types

  • Embedded
  • Tethered
  • Integrated

By End Markets

  • OEM
  • Aftermarket

By Countries

  • Germany
  • Italy
  • France
  • United Kingdom
  • Rest of Europe
Europe Connected Car Services Market: FAQs
The Europe-connected car services market is growing due to the rising number of partnerships between automakers and technology companies as well as the emergence of new technology.
One of the major challenges faced by the Europe-connected car services market is increasing government regulations and growing competition in the market.
The OEM has registered the highest sale in the Europe-connected car services market.
The market is registering an increasing demand for advanced driver-assistance systems (ADAS). With the growing need for safety and convenience features, the demand for ADAS systems in connected cars has been on the rise.
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1 Executive Summary
2 Introduction
2.1 Report Description
2.2 Key Highlights
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Europe Connected Car Services Market Overview
3.1 Europe Country Indicators
3.2 Europe Connected Car Services Market Revenues, 2016-2026F
3.3 Europe Connected Car Services Market Revenue Share, By Services, 2019 & 2026F
3.5 Europe Connected Car Services Market Revenue Share, By Form Types, 2019 & 2026F
3.7 Europe Connected Car Services Market Revenue Share, By End Markets, 2019 & 2026F
3.8 Europe Connected Car Services Market Revenue Share, By Regions, 2019 & 2026F
3.9 Europe Connected Car Services Market - Industry Life Cycle
3.1 Europe Connected Car Services Market - Porter’s Five Forces
4 Europe Connected Car Services Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Europe Connected Car Services Market Trends
6 Europe Connected Car Services Market Overview, By Services
6.1 Europe Connected Car Services Market Revenues, By Autopilot, 2016-2026F
6.2 Europe Connected Car Services Market Revenues, By Navigation, 2016-2026F
6.3 Europe Connected Car Services Market Revenues, By eCall & SOS Assistance, 2016-2026F
6.4 Europe Connected Car Services Market Revenues, By Predictive Diagnostics, 2016-2026F
6.5 Europe Connected Car Services Market Revenues, By On-Road Assistance, 2016-2026F
6.6 Europe Connected Car Services Market Revenues, By Asset Tracking, 2016-2026F
6.7 Europe Connected Car Services Market Revenues, By Auto Parking/Connected Parking, 2016-2026F
6.8 Europe Connected Car Services Market Revenues, By Vehicle Management, 2016-2026F
6.9 Europe Connected Car Services Market Revenues, By Others, 2016-2026F
7 Europe Connected Car Services Market Overview, By Form Types
7.1 Europe Connected Car Services Market Revenues, By Embedded, 2016-2026F
7.2 Europe Connected Car Services Market Revenues, By Tethered, 2016-2026F
7.3 Europe Connected Car Services Market Revenues, By Integrated, 2016-2026F
8 Europe Connected Car Services Market Overview, By End Markets
8.1 Europe Connected Car Services Market Revenues, By OEM, 2016-2026F 
8.2 Europe Connected Car Services Market Revenues, By After-Markets, 2016-2026F 
9 Germany Connected Car Services Market Overview
9.1 Germany Connected Car Services Market Revenues, 2016-2026F
9.2 Germany Connected Car Services Market Revenues, By Services, 2016-2026F
9.3 Germany Connected Car Services Market Revenues, By Form Types, 2016-2026F
9.4 Germany Connected Car Services Market Revenues, By End Markets, 2016-2026F
10 Italy Connected Car Services Market Overview
10.1 Italy Connected Car Services Market Revenues, 2016-2026F
10.2 Italy Connected Car Services Market Revenues, By Services, 2016-2026F
10.3 Italy Connected Car Services Market Revenues, By Form Types, 2016-2026F
10.4 Italy Connected Car Services Market Revenues, By End Markets, 2016-2026F
11 France Connected Car Services Market Overview
11.1 France Connected Car Services Market Revenues, 2016-2026F
11.2 France Connected Car Services Market Revenues, By Services, 2016-2026F
11.3 France Connected Car Services Market Revenues, By Form Types, 2016-2026F
11.4 France Connected Car Services Market Revenues, By End Markets, 2016-2026F
12 United Kingdom Connected Car Services Market Overview
12.1 United Kingdom Connected Car Services Market Revenues, 2016-2026F
12.2 United Kingdom Connected Car Services Market Revenues, By Services, 2016-2026F
12.3 United Kingdom Connected Car Services Market Revenues, By Form Types, 2016-2026F
12.4 United Kingdom Connected Car Services Market Revenues, By End Markets, 2016-2026F
13 Rest of Europe Connected Car Services Market Overview
13.1 Rest of Europe Connected Car Services Market Revenues & Volume, 2016-2026F
14 Europe Connected Car Services Market Key Performance Indicators
15 Europe Connected Car Services Market Opportunity Assessment
15.1 Europe Connected Car Services Market Opportunity Assessment, By Services, 2026F
15.2 Europe Connected Car Services Market Opportunity Assessment, By Form Types, 2026F
15.3 Europe Connected Car Services Market Opportunity Assessment, By End Markets, 2026F
16 Europe Connected Car Services Market Competitive Landscape
16.1 Europe Connected Car Services Market Revenue Share, By Companies, 2019
16.1.1 Germany Connected Car Services Market Revenue Share, By Companies, 2019
16.1.2 Italy Connected Car Services Market Revenue Share, By Companies, 2019
16.1.3 France Connected Car Services Market Revenue Share, By Companies, 2019
16.1.4 United Kingdom Connected Car Services Market Revenue Share, By Companies, 2019
16.2 Europe Connected Car Services Market Competitive Benchmarking, By Services
17 Company Profiles
18 Key Strategic Recommendations
19 Disclaimer

Asia Pacific (APAC) Connected Car Services Market (2020-2026): Market Forecast By Services(AutopilotNavigationeCall & SOS AssistancePredictive DiagnosticsOn-Road AssistanceAsset TrackingAuto Parking/Connected Parking, Vehicle Management & Others), By Form Types(EmbeddedTetheredIntegrated), By End Markets(OEM, Aftermarket), By Countries(IndiaChinaJapanAustraliaIndonesiaMalaysiaThailand & Rest of Asia Pacific) and Competitive Landscape.

Latin America Connected Car Services Market (2020-2026): Market Forecast By Services(AutopilotNavigationeCall & SOS AssistancePredictive DiagnosticsOn-Road AssistanceAsset TrackingAuto Parking/Connected Parking, Vehicle Management & Others), By Form Types(EmbeddedTetheredIntegrated), By End Markets(OEM, Aftermarket), By Countries(Brazil, Argentina, Mexico & Rest of Latin America) and Competitive Landscape.

Middle East and Africa (MEA) Connected Car Services Market (2020-2026): Market Forecast By Services(AutopilotNavigationeCall & SOS AssistancePredictive DiagnosticsOn-Road AssistanceAsset TrackingAuto Parking/Connected Parking, Vehicle Management & Others), By Form Types(EmbeddedTetheredIntegrated), By End Markets(OEM, Aftermarket), By Countries(Saudi Arabia, United Arab Emirates, Turkey, Kuwait, Oman, Qatar, Bahrain, South Africa, Egypt, Nigeria & Rest of the Middle East and Africa) and Competitive Landscape.

North America Connected Car Services Market (2020-2026): Market Forecast By Services(AutopilotNavigationeCall & SOS AssistancePredictive DiagnosticsOn-Road AssistanceAsset TrackingAuto Parking/Connected Parking, Vehicle Management & Others), By Form Types(EmbeddedTetheredIntegrated), By End Markets(OEM, Aftermarket), By Countries(the United States of America, Canada & Rest of North America) and Competitive Landscape.

Saudi Arabia Connected Car Services Market (2020-2026): Market Forecast By Services(AutopilotNavigationeCall & SOS AssistancePredictive DiagnosticsOn-Road AssistanceAsset TrackingAuto Parking/Connected Parking, Vehicle Management & Others), By Form Types(EmbeddedTetheredIntegrated), By End Markets(OEM, Aftermarket), By Regions(Central Region, Western Region, Eastern Region, Southern Region) and Competitive Landscape.

Global Connected Car Services Market (2020-2026): Market Forecast By Services(AutopilotNavigationeCall & SOS AssistancePredictive DiagnosticsOn-Road AssistanceAsset TrackingAuto Parking/Connected Parking, Vehicle Management & Others), By Form Types(EmbeddedTetheredIntegrated), By End Markets(OEM, Aftermarket), By Regions(North America, Europe, Asia Pacific, Latin America, Middle East & Africa), By Key Countries and Competitive Landscape.

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