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Global Embedded Connectivity Solutions Market Forecast Report by Market Insights, Volume, Opportunities, Type, Product Analysis, and Application and Forecast to 2026

Global embedded connectivity solutions market is expected to grow with a steady CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the growing trends and adoptions of connectivity solutions globally in different applications of a vehicle.

Global Embedded Connectivity Solutions Market By Technology (2G, 3G, 4G/LTE), Services (Over-The-Air Updates, Infotainment, Driver Assistance, Live Traffic Information, eCall, Vehicle Self-Diagnosis, Intelligent Parking, Safety, Entertainment, Well-Being, Vehicle Management, Mobility Management), End-Users (OEM, Aftermarket), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026.

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Market Analysis: Global Embedded Connectivity Solutions Market 

Global embedded connectivity solutions market is expected to grow with a steady CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the growing trends and adoptions of connectivity solutions globally in different applications of a vehicle.

Market Definition: Global Embedded Connectivity Solutions Market 

Embedded connectivity solutions are technological services and offerings that provide real-time information. This solution is basically a part of the overall electrical and mechanical system which includes the hardware, software and mechanical system as well. The implementation of this service in vehicles provide the driver of the vehicle to be connected with various online platforms, providing safety, security, enhanced performance, comfort and better networking technology.

Market Drivers:

  • Increased effectiveness and efficiency of performance in a vehicle as it provides real-time updates and information; this factor is expected to drive the growth of the market
  • Rise in demand for automated & management transportation systems; this factor is expected to drive the growth of the market

Market Restraints:

  • High cost associated with the implementation and complications in the integration of these connectivity services with the vehicle is expected to restrain the market growth
  • Concerns regarding the theft of data and privacy concerns is expected to restrain the market growth

Segmentation: Global Embedded Connectivity Solutions Market 

By Technology

  • 2G
  • 3G
  • 4G/LTE

By Services

  • Over-The-Air Updates
  • Infotainment
  • Driver Assistance
  • Live Traffic Information
  • eCall
  • Vehicle Self-Diagnosis
  • Intelligent Parking
  • Safety
  • Entertainment
  • Well-Being
  • Vehicle Management
  • Mobility Management

By End-Users

  • OEM
  • Aftermarket

Key Developments in the Market:

  • In February 2019, NXP Semiconductors announced the launch of a new vehicle network processing chipset which will enable automotive OEM’s to provide consumers with connectivity solutions to their consumers. The chipsets termed as “MPC-LS” is a combination of NXP’s “MPC5748G” microcontroller along with “LS1043A” communications processor.
  • In February 2017, Sierra Wireless announced that Volkswagen AG has chosen Sierra Wireless’s “AirPrime AR Series modules” and their “Legato software platform” for the integration of these services in the next generation of the connected cars which will be commercialised by the beginning of 2018 globally.

Competitive Analysis: Global Embedded Connectivity Solutions Market 

Global embedded connectivity solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of embedded connectivity solutions market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Key Market Competitors: Global Embedded Connectivity Solutions Market 

Few of the major competitors currently working in the embedded connectivity solutions market are Airbiquity Inc.; TomTom International BV; Cisco; Apple Inc.; Delphi Technologies; HARMAN International; Microsoft; QNX Software Systems Limited; Verizon; Sierra Wireless; Intel Corporation; Aeris; Google; NXP Semiconductors; IMS – Part of Trak Global Group; Robert Bosch GmbH; WirelessCar; Texas Instruments Incorporated and Vodafone Automotive SpA.

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