| Product Code: ETC5883941 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guatemala`s connected car device import market saw significant growth in 2024, with top exporting countries being China, USA, Vietnam, Taiwan, and Mexico. High Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 9.89%, with a notable growth rate of 28.84% from 2023 to 2024. This data suggests a thriving market for connected car devices in Guatemala, driven by imports from diverse global suppliers.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Guatemala Connected Car Device Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Connected Car Device Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Connected Car Device Market - Industry Life Cycle |
3.4 Guatemala Connected Car Device Market - Porter's Five Forces |
3.5 Guatemala Connected Car Device Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Guatemala Connected Car Device Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.7 Guatemala Connected Car Device Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.8 Guatemala Connected Car Device Market Revenues & Volume Share, By Communication, 2021 & 2031F |
4 Guatemala Connected Car Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for real-time vehicle tracking and monitoring systems |
4.2.2 Growing awareness about the benefits of connected car devices in terms of safety and security |
4.2.3 Government initiatives promoting the adoption of connected car technology |
4.3 Market Restraints |
4.3.1 High initial cost associated with purchasing and installing connected car devices |
4.3.2 Concerns regarding data privacy and security |
4.3.3 Limited availability of advanced infrastructure to support connected car technology |
5 Guatemala Connected Car Device Market Trends |
6 Guatemala Connected Car Device Market Segmentations |
6.1 Guatemala Connected Car Device Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Connected Car Device Market Revenues & Volume, By Driver Assistance Systems, 2021-2031F |
6.1.3 Guatemala Connected Car Device Market Revenues & Volume, By Telematics, 2021-2031F |
6.1.4 Guatemala Connected Car Device Market Revenues & Volume, By Others, 2021-2031F |
6.2 Guatemala Connected Car Device Market, By Connectivity |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Connected Car Device Market Revenues & Volume, By Dedicated Short Range Communication (DSRC), 2021-2031F |
6.2.3 Guatemala Connected Car Device Market Revenues & Volume, By Long Range/ Cellular Network, 2021-2031F |
6.3 Guatemala Connected Car Device Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Connected Car Device Market Revenues & Volume, By Das, 2021-2031F |
6.3.3 Guatemala Connected Car Device Market Revenues & Volume, By Telematics, 2021-2031F |
6.4 Guatemala Connected Car Device Market, By Communication |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Connected Car Device Market Revenues & Volume, By Vehicle-to-Vehicle (V2V), 2021-2031F |
6.4.3 Guatemala Connected Car Device Market Revenues & Volume, By Vehicle-to-Infrastructure (V2I), 2021-2031F |
6.4.4 Guatemala Connected Car Device Market Revenues & Volume, By Vehicle-to-Pedestrian(V2P), 2021-2031F |
6.4.5 Guatemala Connected Car Device Market Revenues & Volume, By Others (V2C, V2D, V2G), 2021-2031F |
7 Guatemala Connected Car Device Market Import-Export Trade Statistics |
7.1 Guatemala Connected Car Device Market Export to Major Countries |
7.2 Guatemala Connected Car Device Market Imports from Major Countries |
8 Guatemala Connected Car Device Market Key Performance Indicators |
8.1 Average time spent on connected car apps per user |
8.2 Number of new partnerships between car manufacturers and technology companies |
8.3 Percentage increase in the adoption rate of connected car devices |
8.4 Average number of software updates released by connected car device manufacturers |
8.5 Number of reported cybersecurity incidents related to connected car devices |
9 Guatemala Connected Car Device Market - Opportunity Assessment |
9.1 Guatemala Connected Car Device Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Guatemala Connected Car Device Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.3 Guatemala Connected Car Device Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.4 Guatemala Connected Car Device Market Opportunity Assessment, By Communication, 2021 & 2031F |
10 Guatemala Connected Car Device Market - Competitive Landscape |
10.1 Guatemala Connected Car Device Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Connected Car Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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