| Product Code: ETC5883946 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import trend for Iceland`s connected car device market experienced steady growth between 2018 and 2020. Imports primarily originated from European countries, with a notable increase in demand for advanced features and connectivity options during this period.

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 Iceland Connected Car Device Market Overview |
3.1 Iceland Country Macro Economic Indicators |
3.2 Iceland Connected Car Device Market Revenues & Volume, 2021 & 2031F |
3.3 Iceland Connected Car Device Market - Industry Life Cycle |
3.4 Iceland Connected Car Device Market - Porter's Five Forces |
3.5 Iceland Connected Car Device Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Iceland Connected Car Device Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.7 Iceland Connected Car Device Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.8 Iceland Connected Car Device Market Revenues & Volume Share, By Communication, 2021 & 2031F |
4 Iceland Connected Car Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced vehicle connectivity solutions |
4.2.2 Growing emphasis on road safety and vehicle tracking systems |
4.2.3 Rise in adoption of IoT technology in automotive sector |
4.3 Market Restraints |
4.3.1 High initial costs associated with connected car devices |
4.3.2 Concerns regarding data privacy and cybersecurity risks |
4.3.3 Limited infrastructure for seamless integration of connected car devices |
5 Iceland Connected Car Device Market Trends |
6 Iceland Connected Car Device Market Segmentations |
6.1 Iceland Connected Car Device Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Iceland Connected Car Device Market Revenues & Volume, By Driver Assistance Systems, 2021-2031F |
6.1.3 Iceland Connected Car Device Market Revenues & Volume, By Telematics, 2021-2031F |
6.1.4 Iceland Connected Car Device Market Revenues & Volume, By Others, 2021-2031F |
6.2 Iceland Connected Car Device Market, By Connectivity |
6.2.1 Overview and Analysis |
6.2.2 Iceland Connected Car Device Market Revenues & Volume, By Dedicated Short Range Communication (DSRC), 2021-2031F |
6.2.3 Iceland Connected Car Device Market Revenues & Volume, By Long Range/ Cellular Network, 2021-2031F |
6.3 Iceland Connected Car Device Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 Iceland Connected Car Device Market Revenues & Volume, By Das, 2021-2031F |
6.3.3 Iceland Connected Car Device Market Revenues & Volume, By Telematics, 2021-2031F |
6.4 Iceland Connected Car Device Market, By Communication |
6.4.1 Overview and Analysis |
6.4.2 Iceland Connected Car Device Market Revenues & Volume, By Vehicle-to-Vehicle (V2V), 2021-2031F |
6.4.3 Iceland Connected Car Device Market Revenues & Volume, By Vehicle-to-Infrastructure (V2I), 2021-2031F |
6.4.4 Iceland Connected Car Device Market Revenues & Volume, By Vehicle-to-Pedestrian(V2P), 2021-2031F |
6.4.5 Iceland Connected Car Device Market Revenues & Volume, By Others (V2C, V2D, V2G), 2021-2031F |
7 Iceland Connected Car Device Market Import-Export Trade Statistics |
7.1 Iceland Connected Car Device Market Export to Major Countries |
7.2 Iceland Connected Car Device Market Imports from Major Countries |
8 Iceland Connected Car Device Market Key Performance Indicators |
8.1 Average monthly active users of connected car devices |
8.2 Percentage of vehicles equipped with connected car technology |
8.3 Average daily usage time of connected car applications |
8.4 Average customer satisfaction score for connected car services |
8.5 Number of partnerships and collaborations with automotive manufacturers and technology providers |
9 Iceland Connected Car Device Market - Opportunity Assessment |
9.1 Iceland Connected Car Device Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Iceland Connected Car Device Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.3 Iceland Connected Car Device Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.4 Iceland Connected Car Device Market Opportunity Assessment, By Communication, 2021 & 2031F |
10 Iceland Connected Car Device Market - Competitive Landscape |
10.1 Iceland Connected Car Device Market Revenue Share, By Companies, 2024 |
10.2 Iceland 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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