| Product Code: ETC5876673 | 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 |
In 2024, Portugal continued to see strong import shipments of connected cars, with top exporters being Germany, Spain, Metropolitan France, Belgium, and Slovakia. Despite the high concentration with the Herfindahl-Hirschman Index (HHI), the market saw a notable Compound Annual Growth Rate (CAGR) of 14.7% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -13.18%, indicating a potential shift in market dynamics. This data suggests a competitive market landscape in Portugal`s connected car imports, with opportunities for further analysis and strategic decision-making.
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 Portugal Connected Car Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Connected Car Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Connected Car Market - Industry Life Cycle |
3.4 Portugal Connected Car Market - Porter's Five Forces |
3.5 Portugal Connected Car Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Portugal Connected Car Market Revenues & Volume Share, By Connectivity Solutions, 2021 & 2031F |
3.7 Portugal Connected Car Market Revenues & Volume Share, By End Market, 2021 & 2031F |
4 Portugal Connected Car Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced technology and connectivity features in vehicles. |
4.2.2 Growing focus on improving road safety and reducing accidents through connected car solutions. |
4.2.3 Government regulations promoting the adoption of connected car technology in Portugal. |
4.3 Market Restraints |
4.3.1 High initial cost associated with implementing connected car solutions. |
4.3.2 Concerns regarding data privacy and cybersecurity risks. |
4.3.3 Limited availability of high-speed internet connectivity in certain regions of Portugal. |
5 Portugal Connected Car Market Trends |
6 Portugal Connected Car Market Segmentations |
6.1 Portugal Connected Car Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Portugal Connected Car Market Revenues & Volume, By 3G, 2021-2031F |
6.1.3 Portugal Connected Car Market Revenues & Volume, By 4G/LTE, 2021-2031F |
6.1.4 Portugal Connected Car Market Revenues & Volume, By 5G, 2021-2031F |
6.2 Portugal Connected Car Market, By Connectivity Solutions |
6.2.1 Overview and Analysis |
6.2.2 Portugal Connected Car Market Revenues & Volume, By Integrated, 2021-2031F |
6.2.3 Portugal Connected Car Market Revenues & Volume, By Embedded, 2021-2031F |
6.2.4 Portugal Connected Car Market Revenues & Volume, By Tethered, 2021-2031F |
6.3 Portugal Connected Car Market, By End Market |
6.3.1 Overview and Analysis |
6.3.2 Portugal Connected Car Market Revenues & Volume, By Original Equipment Manufacturer (OEMs), 2021-2031F |
6.3.3 Portugal Connected Car Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Portugal Connected Car Market Import-Export Trade Statistics |
7.1 Portugal Connected Car Market Export to Major Countries |
7.2 Portugal Connected Car Market Imports from Major Countries |
8 Portugal Connected Car Market Key Performance Indicators |
8.1 Average number of connected cars per capita in Portugal. |
8.2 Percentage increase in the adoption of connected car solutions year-over-year. |
8.3 Average time spent on connected car applications per user in Portugal. |
9 Portugal Connected Car Market - Opportunity Assessment |
9.1 Portugal Connected Car Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Portugal Connected Car Market Opportunity Assessment, By Connectivity Solutions, 2021 & 2031F |
9.3 Portugal Connected Car Market Opportunity Assessment, By End Market, 2021 & 2031F |
10 Portugal Connected Car Market - Competitive Landscape |
10.1 Portugal Connected Car Market Revenue Share, By Companies, 2024 |
10.2 Portugal Connected Car 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.
To discover high-growth global markets and optimize your business strategy:
Click Here