| Product Code: ETC5883989 | 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, North Macedonia continued to see a high concentration of connected car device imports, with top exporting countries including Taiwan, Lithuania, China, Slovenia, and Portugal. The Herfindahl-Hirschman Index (HHI) remained at elevated levels, indicating a concentrated market. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 stood strong at 8.42%, showcasing sustained growth in the industry. Furthermore, the impressive growth rate of 19.2% from 2023 to 2024 suggests a significant uptick in demand for connected car devices in North Macedonia.

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 Republic of Macedonia Connected Car Device Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Connected Car Device Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Connected Car Device Market - Industry Life Cycle |
3.4 Republic of Macedonia Connected Car Device Market - Porter's Five Forces |
3.5 Republic of Macedonia Connected Car Device Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Republic of Macedonia Connected Car Device Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.7 Republic of Macedonia Connected Car Device Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.8 Republic of Macedonia Connected Car Device Market Revenues & Volume Share, By Communication, 2021 & 2031F |
4 Republic of Macedonia Connected Car Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced vehicle connectivity features |
4.2.2 Growing adoption of Internet of Things (IoT) technology in automotive industry |
4.2.3 Government initiatives promoting road safety and smart transportation solutions |
4.3 Market Restraints |
4.3.1 High initial costs associated with connected car devices |
4.3.2 Concerns regarding data privacy and cybersecurity |
4.3.3 Limited awareness and understanding of connected car technology among consumers |
5 Republic of Macedonia Connected Car Device Market Trends |
6 Republic of Macedonia Connected Car Device Market Segmentations |
6.1 Republic of Macedonia Connected Car Device Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Connected Car Device Market Revenues & Volume, By Driver Assistance Systems, 2021-2031F |
6.1.3 Republic of Macedonia Connected Car Device Market Revenues & Volume, By Telematics, 2021-2031F |
6.1.4 Republic of Macedonia Connected Car Device Market Revenues & Volume, By Others, 2021-2031F |
6.2 Republic of Macedonia Connected Car Device Market, By Connectivity |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Connected Car Device Market Revenues & Volume, By Dedicated Short Range Communication (DSRC), 2021-2031F |
6.2.3 Republic of Macedonia Connected Car Device Market Revenues & Volume, By Long Range/ Cellular Network, 2021-2031F |
6.3 Republic of Macedonia Connected Car Device Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 Republic of Macedonia Connected Car Device Market Revenues & Volume, By Das, 2021-2031F |
6.3.3 Republic of Macedonia Connected Car Device Market Revenues & Volume, By Telematics, 2021-2031F |
6.4 Republic of Macedonia Connected Car Device Market, By Communication |
6.4.1 Overview and Analysis |
6.4.2 Republic of Macedonia Connected Car Device Market Revenues & Volume, By Vehicle-to-Vehicle (V2V), 2021-2031F |
6.4.3 Republic of Macedonia Connected Car Device Market Revenues & Volume, By Vehicle-to-Infrastructure (V2I), 2021-2031F |
6.4.4 Republic of Macedonia Connected Car Device Market Revenues & Volume, By Vehicle-to-Pedestrian(V2P), 2021-2031F |
6.4.5 Republic of Macedonia Connected Car Device Market Revenues & Volume, By Others (V2C, V2D, V2G), 2021-2031F |
7 Republic of Macedonia Connected Car Device Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Connected Car Device Market Export to Major Countries |
7.2 Republic of Macedonia Connected Car Device Market Imports from Major Countries |
8 Republic of Macedonia Connected Car Device Market Key Performance Indicators |
8.1 Average monthly active users of connected car devices |
8.2 Percentage increase in the number of vehicles equipped with connected car technology |
8.3 Frequency of software updates and new feature releases for connected car devices |
9 Republic of Macedonia Connected Car Device Market - Opportunity Assessment |
9.1 Republic of Macedonia Connected Car Device Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Republic of Macedonia Connected Car Device Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.3 Republic of Macedonia Connected Car Device Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.4 Republic of Macedonia Connected Car Device Market Opportunity Assessment, By Communication, 2021 & 2031F |
10 Republic of Macedonia Connected Car Device Market - Competitive Landscape |
10.1 Republic of Macedonia Connected Car Device Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia 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.
To discover high-growth global markets and optimize your business strategy:
Click Here