Connected Mobility Solutions Market Research Report – Forecast to 2027

Global Connected Mobility Solutions Market Research Report: By Technology (Wi-Fi, Bluetooth, and 4G), by Applications (Navigation and Telematics) by Connectivity (Integrated Connectivity and Embedded Connectivity) – Forecast Till 2027

ID: MRFR/ICT/0369-HCR | February 2021 | Region: Global | 145 pages

Market Overview:


The connected mobility solutions market has been assessed and predicted to be an amplifying market in the following years. The substantial increase in demand for cloud-based connected solutions in the automotive sector as well as connected self-governed automobiles directly commensurate to the augmenting integration of the latest technology services in the smart connected mobility devices in vehicles.


With the implementation of the Internet of Things (IoT) in the connected mobility solutions and deployment of smart infrastructure projects across the world, the market has gained considerable acceleration. The rising demand for digitization, the stipulation of smart technology solutions like crash detection of passenger vehicles with the help of a sensor device, has given the Connected Mobility Solutions Market a budding opportunity to reinvent business processes along with making mobility safer, more efficient, and convenient.


The Global Connected Mobility Solutions Market is expected to grow with a compound annual growth rate of 19% by the year 2023.


COVID Analysis:


The COVID 19 outbreak has had severe economic consequences throughout the world, affecting every aspect of a normal person’s life. As far as the businesses are concerned, they now have to fight 2 simultaneous battles that are owing to the health sector as well as the economic front.


This is the time of forced recession, and the downfall for businesses is more than that of a trillion dollars. For the connected mobility solutions market, there are speculations related to the first quarter of the new financial year being the time of recovery.


Owing to the situation, the connected mobility solutions market is switching and opting for more technically advanced and real-time solutions. The aim is to take up measures that are cost-effective and generate the required demand. The increased use of digital transformation, autonomous solutions, and application of smart infrastructure, cloud-based technical upgrades, and recovery solutions for business reengineering and technical consultations, will provide aid to the mobility solutions market and help in generating and boosting growth.


Market Dynamics:


Drivers –


The proliferation of the concept of connected automobiles guarantees humongous growth, and the market is about to be appraised in the forthcoming years.  The elevating demand for cloud-based connected mobility solutions in the automobile service industry and the increasing demand for connected and autonomous vehicles propels the growth of the market.


Opportunities-


The Connected Mobility Solutions Market has gained considerable acceleration across the globe due to the soaring infrastructural development and smart city projects being developed throughout the world. Contributing aspects in the growth of the market, such as the burgeoning automotive sphere and high demand for mobility solutions drive the market growth predominantly. The Expanding demand for digitalization in this sector is propelling the connected mobility solutions market on the whole. 


Technology analysis:


The global connected mobility solutions market has been estimated as a rapidly growing market. The tremendous growth in the fields of infrastructure and technologies, an increasing number of technology providers, and the adoption of smart and electric vehicles among people drive the market substantially. The integration of connected mobility devices presages the reasonable demand the market is observing at present. The incorporation of the Internet of Things (IoT) in connected mobility solutions is influencing the market’s growth.


Segmentation Overview


The globally connected mobility solutions market is divided on the basis of connectivity and technology, application as well as region.



  • By technology -

  • Technology dominates the connected mobility solutions market in different ways. The market is divided into Bluetooth, wireless (WiFi), 4G (LTE) as well as 5G data connections.

  • Based on application-

  • Owing to the connected mobility solutions market size, the market is divided into telematics along with navigation. Navigation will include monitoring vehicles and roads and will capture and manage real-time data.

  • On the basis of connectivity-

  • The connected mobility solutions market share requires great connectivity for functioning. The market on this basis is divided into integrated, tethered as well as embedded connectivity.


Regional Analysis


The Global Connected Mobility Solutions Market is studied for Asia Pacific, North America, Europe, and the Rest of the World. North America has been estimated to account for the largest portion of the connected mobility market and has also been expected to grow immensely with the fleeting rate during the forecast period. The broadening of the market in North America is attributable to the increasing adoption of the internet of things in this region. Also, Automobile companies in the United States and Canada are discovering new technologies to eliminate the accidents that may occur and provide a secure and safe experience.


Europe’s connected mobility market is gaining prodigious momentum due to the increasing demand for connected mobility solutions in the automotive sector. However, in Asia Pacific countries including China, Japan, and India among others, the market is growing exponentially as well, on account of the increasing acceptance of smart and electric vehicles among people. China has been recognized as the leading economy exhibiting significant growth in the connected mobility market, as a consequence of customers now preferring to own a vehicle with self-sustained and better-connected technology.


Competitive Landscape –


Some of the pre-eminent members of the globally connected mobility solutions market are the following –



  • Mitsubishi Motors Corporation (Japan),

  • Robert Bosch GmbH (Germany),

  • Siemens AG (Germany),

  • Cisco System Inc (U.S.),

  • Nokia Networks (Finland),

  • Molex Incorporated (U.S.),

  • Deutsche Telekom AG (Germany),

  • HUBER+SUHNER (Switzerland),

  • NXP Semiconductors N.V. (Netherlands) along with others.


Mitsubishi Motors Corporation (Japan) as one of the prominent members contributing to the Global Connected Mobility Solutions Market, uses principles that are positioned as the basic guidelines for sustainable development of society by the Sustainability Committee. This committee works to identify material issues through initiatives guided by the executive in charge. The key points now included in these principles are Disaster Relief Support during the global pandemic Covid 19 as well as other natural calamities. The organization has set up a management structure in place to constantly keep track of the progress on providing sustainability and ensure safety to its customers, employees, and retail partners. Keeping in mind, the global pandemic and each week to be a rollercoaster of good or bad news, Mitsubishi promises to keep standing strong and working towards better technology solutions for the globally connected mobility market.


Recent Developments –



  • The humongous growth in the technologies, an increasing number of technology providers, and the penetration of smart and electric vehicles among people drive the market, exponentially.

  • The adoption of connected mobility devices foretells the considerable demand the market is witnessing currently. The integration of the Internet of Things (IoT) in connected mobility solutions is influencing market growth.

  • The Connected Mobility Solutions Market has gained considerable acceleration due to the rising infrastructural development and smart city projects across the world.

  • Factors, such as the burgeoning automotive sector and high demand for mobility solutions drive the market growth predominantly. Increasing demand for digitalization is propelling the connected mobility solutions market on the whole. 



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   Substantial CAGR
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Technology, by Applications
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Mitsubishi Motors Corporation (Japan), Robert Bosch GmbH (Germany), Siemens AG (Germany), Cisco System Inc (U.S.), Nokia Networks (Finland), Molex Incorporated (U.S.), Deutsche Telekom AG (Germany), HUBER+SUHNER (Switzerland), NXP Semiconductors N.V. (Netherlands)
  Key Market Opportunities   The Connected Mobility Solutions Market has gained considerable acceleration across the globe due to the soaring infrastructural development and smart city projects being developed throughout the world.
  Key Market Drivers   Increasing number of technology providers, and the adoption of smart and electric vehicles among people drive the market substantially.


Frequently Asked Questions (FAQ) :


Wi-Fi, 4G or LTE, Bluetooth, and 5G are technologies used by connected mobility solutions

The connected mobility solutions market can surge at a 19% Compound Annual Growth Rate between 2017 to 2023.

Robert Bosch GmbH (Germany), Cisco Systems Inc (U.S.), Mitsubishi Motors Corporation (Japan), and Siemens AG (Germany) are some reputed companies in the mobility solutions market.

North America has been estimated to account for the largest portion of the connected mobility market and has also been expected to grow immensely with the fleeting rate during the forecast period North America boasting of Internet of Things (IoT) hosting can cause high revenue generation for the global market.

TABLE OF CONTENTS

1 Executive Summary

2 Market Introduction

2.1 Definition

2.2 Scope of the Study

2.3 List of Assumptions

2.4 Market Structure

3 Market Insights

4 Research Methodology

4.1 Research Process

4.2 Primary Research

4.3 Secondary Research

4.4 Market Size Estimation

4.5 Forecast Model

5 Market Dynamics

5.1 Introduction

5.2 Drivers

5.2.1 Growing Demand For cloud based connected mobility solution in automotive sector

5.2.2 Increasing Popularity Of Connected cars among people

5.2.3 Increasing adoption of Internet of Things

5.3 Restraints

5.3.1 Lack of technical expertise

5.4 Opportunities

5.4.1 Emergence of Smart cities

5.5 Supply Chain Analysis

5.6 Porter’s Five Forces Model

5.6.1 Threat of New Entrants

5.6.2 Bargaining Power of Suppliers

5.6.3 Bargaining Power of Buyers

5.6.4 Threat of Substitutes

5.6.5 Intensity of Rivalry

6 Market Alerts

6.1 Impact Analysis of Emerging Technology

6.1.1 Big Data Analytics

6.2 Use Cases & Best Practices

7 Global Connected Mobility Solutions Market, By Technology

7.1 Overview

7.2. Wi-Fi

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast By Region/Country, 2020-2027

7.3 Bluetooth

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast By Region/Country, 2020-2027

7.4 3G

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast By Region/Countr, 2020-2027

7.5 4G/LTE

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast By Region/Countr, 2020-2027

8 Global Connected Mobility Solutions Market, By Connectivity

8.1 Overview

8.2 Tethered Connectivity

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast By Region/Country, 2020-2027

8.3 Integrated Connectivity

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast By Region/Country, 2020-2027

8.4 Embedded Connectivity

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast By Region/Country, 2020-2027

9 Global Connected Mobility Solutions Market, By Application

9.1 Overview

9.2 Navigation

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast By Region/Country, 2020-2027

9.3 Telematics

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast By Region/Country, 2020-2027

10 Connected Mobility Solutions Market, By Region

10.1 Overview

10.2 North America

10.2.1 Market Estimates & Forecast, By Country, 2020-2027

10.2.2 Market Estimates & Forecast By Technology , 2020-2027

10.2.3 Market Estimates & Forecast By Connectivity, 2020-2027

10.2.4 Market Estimates & Forecast By Application, 2020-2027

10.2.5 U.S.

10.2.5.1 Market Estimates & Forecast By Technology , 2020-2027

10.2.5.2 Market Estimates & Forecast By Connectivity, 2020-2027

10.2.5.3 Market Estimates & Forecast By Application, 2020-2027

10.2.6 Canada

10.2.6.1 Market Estimates & Forecast By Technology , 2020-2027

10.2.6.2 Market Estimates & Forecast By Connectivity, 2020-2027

10.2.6.3 Market Estimates & Forecast By Application, 2020-2027

10.2.7 Mexico

10.2.7.1 Market Estimates & Forecast By Technology , 2020-2027

10.2.7.2 Market Estimates & Forecast By Connectivity, 2020-2027

10.2.7.3 Market Estimates & Forecast By Application, 2020-2027

10.3 Europe

10.3.1 Market Estimates & Forecast, By Country, 2020-2027

10.3.2 Market Estimates & Forecast By Technology , 2020-2027

10.3.3 Market Estimates & Forecast By Connectivity, 2020-2027

10.3.4 Market Estimates & Forecast By Application, 2020-2027

10.3.5 Germany

10.3.5.1 Market Estimates & Forecast By Technology , 2020-2027

10.3.5.2 Market Estimates & Forecast By Connectivity, 2020-2027

10.3.5.3 Market Estimates & Forecast By Application, 2020-2027

10.3.6 U.K.

10.3.6.1 Market Estimates & Forecast By Technology , 2020-2027

10.3.6.2 Market Estimates & Forecast By Connectivity, 2020-2027

10.3.6.3 Market Estimates & Forecast By Application, 2020-2027

10.3.7 France

10.3.7.1 Market Estimates & Forecast By Technology , 2020-2027

10.3.7.2 Market Estimates & Forecast By Connectivity, 2020-2027

10.3.7.3 Market Estimates & Forecast By Application, 2020-2027

10.3.8 Rest of Europe

10.3.8.1 Market Estimates & Forecast By Technology , 2020-2027

10.3.8.2 Market Estimates & Forecast By Connectivity, 2020-2027

10.3.8.3 Market Estimates & Forecast By Application, 2020-2027

10.4 Asia Pacific

10.4.1 Market Estimates & Forecast, By Country, 2020-2027

10.4.2 Market Estimates & Forecast By Technology , 2020-2027

10.4.3 Market Estimates & Forecast By Connectivity, 2020-2027

10.4.4 Market Estimates & Forecast By Application, 2020-2027

10.4.5 China

10.4.5.1 Market Estimates & Forecast By Technology , 2020-2027

10.4.5.2 Market Estimates & Forecast By Connectivity, 2020-2027

10.4.5.3 Market Estimates & Forecast By Application, 2020-2027

10.4.6 Japan

10.4.6.1 Market Estimates & Forecast By Technology , 2020-2027

10.4.6.2 Market Estimates & Forecast By Connectivity, 2020-2027

10.4.6.3 Market Estimates & Forecast By Application, 2020-2027

10.4.7 India

10.4.7.1 Market Estimates & Forecast By Technology , 2020-2027

10.4.7.2 Market Estimates & Forecast By Connectivity, 2020-2027

10.4.7.3 Market Estimates & Forecast By Application, 2020-2027

10.4.8 Rest of Asia Pacific

10.4.8.1 Market Estimates & Forecast By Technology , 2020-2027

10.4.8.2 Market Estimates & Forecast By Connectivity, 2020-2027

10.4.8.3 Market Estimates & Forecast By Application, 2020-2027

10.5 Rest of the World

10.5.1 Market Estimates & Forecast, By Country, 2020-2027

10.5.2 Market Estimates & Forecast By Technology , 2020-2027

10.5.3 Market Estimates & Forecast By Connectivity, 2020-2027

10.5.4 Market Estimates & Forecast By Application, 2020-2027

10.5.5 The Middle East & Africa

10.5.5.1 Market Estimates & Forecast, By Connectivity, 2020-2027

10.5.5.2 Market Estimates & Forecast By Technology, 2020-2027

10.5.5.3 Market Estimates & Forecast By Application, 2020-2027

10.5.6 Latin America

10.5.6.1 Market Estimates & Forecast, By Connectivity, 2020-2027

10.5.6.2 Market Estimates & Forecast By Technology, 2020-2027

10.5.6.3 Market Estimates & Forecast By Application, 2020-2027

11 Competitive Landscape

11.1 Competitive Scenario

11.1.1 Competitive Overview of the Connected Mobility Solutions Market

11.1.2 Competitive Benchmarking of the Connected Mobility Solutions Market

12 Company Profiles

12.1 Mitsubishi Motors Corporation.

12.1.1 Company Overview

12.1.2 Financial Overview

12.1.3 Product Offerings

12.1.4 Key Developments

12.1.5 SWOT Analysis

12.1.6 Key Strategy

12.2 Robert Bosch GmbH

12.2.1 Company Overview

12.2.2 Financial Overview

12.2.3 Product Offerings

12.2.4 Key Developments

12.2.5 SWOT Analysis

12.2.6 Key Strategy

12.3 Siemens AG

12.3.1 Company Overview

12.3.2 Financial Overview

12.3.3 Product Offerings

12.3.4 Key Developments

12.3.5 SWOT Analysis

12.3.6 Key Strategy

12.4 Cisco System Inc.

12.4.1 Company Overview

12.4.2 Financial Overview

12.4.3 Product Offerings

12.4.4 Key Developments

12.4.5 SWOT Analysis

12.4.6 Key Strategy

12.5 Nokia Networks

12.5.1 Company Overview

12.5.2 Financial Overview

12.5.3 Product Offerings

12.5.4 Key Developments

12.5.5 SWOT Analysis

12.5.6 Key Strategy

12.6 Molex Incorporated.

12.6.1 Company Overview

12.6.2 Financial Overview

12.6.3 Product Offerings

12.6.4 Key Developments

12.6.5 SWOT Analysis

12.6.6 Key Strategy

12.7 Deutsche Telekom AG.

12.7.1 Company Overview

12.7.2 Financial Overview

12.7.3 Product Offerings

12.7.4 Key Developments

12.7.5 SWOT Analysis

12.7.6 Key Strategy

12.8 HUBER+SUHNER

12.8.1 Company Overview

12.8.2 Financial Overview

12.8.3 Product Offerings

12.8.4 Key Developments

12.8.5 SWOT Analysis

12.8.6 Key Strategy

12.9 NXP Semiconductors N.V.

12.9.1 Company Overview

12.9.2 Financial Overview

12.9.3 Product Offerings

12.9.4 Key Developments

12.9.5 SWOT Analysis

12.9.6 Key Strategy

12.10 Others.

12.10.1 Company Overview

12.10.2 Financial Overview

12.10.3 Product Offerings

12.10.4 Key Developments

12.10.5 SWOT Analysis

12.10.6 Key Strategy

LIST OF TABLES

Table 1 Global Connected Mobility Solutions Market: By Region, 2020-2027

Table 2 North America Connected Mobility Solutions Market: By Country, 2020-2027

Table 3 Europe Connected Mobility Solutions Market: By Country, 2020-2027

Table 4 Asia Pacific Connected Mobility Solutions Market: By Country, 2020-2027

Table 5 The Middle east & Africa Connected Mobility Solutions Market: By Country, 2020-2027

Table 6 Latin America Connected Mobility Solutions Market: By Country, 2020-2027

Table 7 Global Connected Mobility Solutions by Technology Market: By Regions, 2020-2027

Table 8 North America Connected Mobility Solutions by Technology Market: By Country, 2020-2027

Table 9 Europe Connected Mobility Solutions by Technology Market: By Country, 2020-2027

Table 10 Asia Pacific Connected Mobility Solutions by Technology Market: By Country, 2020-2027

Table 11 The Middle East & Africa Connected Mobility Solutions by Technology Market: By Country, 2020-2027

Table 12 Latin America Connected Mobility Solutions by Technology Market: By Country, 2020-2027

Table 13 Global Connected Mobility Solutions by Technology Market: By Regions, 2020-2027

Table 14 North America Connected Mobility Solutions by Technology Market: By Country, 2020-2027

Table 15 Europe Connected Mobility Solutions by Technology Market: By Country, 2020-2027

Table 16 Asia Pacific Connected Mobility Solutions by Technology Market: By Country, 2020-2027

Table 17 The Middle East & Africa Connected Mobility Solutions by Technology Market: By Country, 2020-2027

Table 18 Latin America Connected Mobility Solutions by Technology Market: By Country, 2020-2027

Table 19 North America Connected Mobility Solutions for Technology Market: By Country, 2020-2027

Table 20 Europe Connected Mobility Solutions for Technology Market: By Country, 2020-2027

Table 21 Asia Pacific Connected Mobility Solutions for Technology Market: By Country, 2020-2027

Table 22 The Middle East & Africa Connected Mobility Solutions for Technology Market: By Country, 2020-2027

Table 23 Latin America Connected Mobility Solutions for Technology Market: By Country, 2020-2027

Table 24 Global Connected Mobility Solutions Market: By Region, 2020-2027

Table 25 Global Connected Mobility Solutions Market: By Region, 2020-2027

Table 26 Global Connected Mobility Solutions Market: By Region, 2020-2027

Table 27 North America Connected Mobility Solutions Market, By Country

Table 28 North America Connected Mobility Solutions Market, By Technology

Table 29 North America Connected Mobility Solutions Market, By connectivity

Table 30 North America Connected Mobility Solutions Market, By applications

Table31 Europe: Connected Mobility Solutions Market, By Country

Table 32 Europe: Connected Mobility Solutions Market, By Technology

Table 33 Europe: Connected Mobility Solutions Market, By connectivity

Table 34 Europe: Connected Mobility Solutions Market, By applications

Table 35 Asia Pacific: Connected Mobility Solutions Market, By Country

Table 36 Asia Pacific: Connected Mobility Solutions Market, By Technology

Table 37 Asia Pacific: Connected Mobility Solutions Market, By connectivity

Table 38 Asia Pacific: Connected Mobility Solutions Market, By applications

Table 39 The Middle East & Africa: Connected Mobility Solutions Market, By Country

Table 40 The Middle East & Africa Connected Mobility Solutions Market, By Technology

Table 41 The Middle East & Africa: Connected Mobility Solutions Market, By connectivity

Table 42 The Middle East & Africa: Connected Mobility Solutions Market, By applications

Table 43 Latin America: Connected Mobility Solutions Market, By Country

Table 44 Latin America Connected Mobility Solutions Market, By Technology

Table 45 Latin America: Connected Mobility Solutions Market, By connectivity

Table 46 Latin America: Connected Mobility Solutions Market, By applications

LIST OF FIGURES

FIGURE 1 Global Connected Mobility Solutions market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Connected Mobility Solutions Market

FIGURE 4 Value Chain of Global Connected Mobility Solutions Market

FIGURE 5 Share of Global Connected Mobility Solutions Market in 2020, by country (in %)

FIGURE 6 Global Connected Mobility Solutions Market, 2020-2027,

FIGURE 7 Sub segments of Technology

FIGURE 8 Global Connected Mobility Solutions Market size by Technology , 2020

FIGURE 9 Share of Global Connected Mobility Solutions Market by Technology , 2020 TO 2027

FIGURE 10 Global Connected Mobility Solutions Market size by connectivity, 2020

FIGURE 11 Share of Global Connected Mobility Solutions Market by connectivity, 2020 TO 2027

FIGURE 12 Global Connected Mobility Solutions Market size by applications, 2020 TO 2027

FIGURE 13 Share of Global Connected Mobility Solutions Market by applications, 2020 TO 2027