A Connected Car Benchmark : Market and revenues

The following Benchmark aims to give a comparaison between US, US, France, Germany and Japan in terms of Market revenues , annual growths and market penetration.

 

    USA UK France Germany Japan
Revenue in the "Connected Car" market amounts  (en  millions $) 2017  $8 194  $1 888  $951  $2 621  $1 735
2021  $18 143  $5 244  $3 238  $8 271  $5 920
Connected Hardware  Connected HW 2017  $7 304  $1 708  $860  $2 384  $8 194
Annual growth rate  (CAGR 2017-2021)  22% 29% 36% 33% 36%
The Connected Car penetration  2017 5% 7% 5% 6% 2%
2021 13% 21% 20% 25% 11%

 

 

Revenue in the "Connected Car" market amounts (en millions $) (Source: eurostat , statistica.eu)

 

UNITED STATES

Revenue in the "Connected Car" market amounts to US$8,194m in 2017.

Revenue is expected to show an annual growth rate (CAGR 2017-2021) of 22.0 % resulting in a market volume of US$18,143m in 2021.

The Connected Car penetration is at 5.2 % in 2017 and is expected to hit 13.2 % in 2021.

The market's largest segment is the segment "Connected Hardware" with a market volume of US$7,304m in 2017.

 From a global comparison perspective it is shown that most revenue is generated in the United States (US$8,194m in 2017).

 

FRANCE

 

Revenue in the "Connected Car" market amounts to US$951m in 2017.

Revenue is expected to show an annual growth rate (CAGR 2017-2021) of 35.8 % resulting in a market volume of US$3,238m in 2021.

The Connected Car penetration is at 5.0 % in 2017 and is expected to hit 19.6 % in 2021. The market's largest segment is the segment "Connected

Hardware" with a market volume of US$860m in 2017.

From a global comparison perspective it is shown that most revenue is generated in the United States (US$8,194m in 2017).

 

CANADA

Revenue in the "Connected Car" market amounts to US$488m in 2017.

Revenue is expected to show an annual growth rate (CAGR 2017-2021) of 24.6 % resulting in a market volume of US$1,176m in 2021.

The Connected Car penetration is at 3.7 % in 2017 and is expected to hit 9.5 % in 2021.

The market's largest segment is the segment "Connected Hardware" with a market volume of US$436m in 2017.

From a global comparison perspective it is shown that most revenue is generated in the United States (US$8,194m in 2017).

 

GENERMANY

Revenue in the "Connected Car" market amounts to US$2,621m in 2017.

 Revenue is expected to show an annual growth rate (CAGR 2017-2021) of 33.3 % resulting in a market volume of US$8,271m in 2021.

The Connected Car penetration is at 6.2 % in 2017 and is expected to hit 24.8 % in 2021.

The market's largest segment is the segment "Connected Hardware" with a market volume of US$2,384m in 2017.

From a global comparison perspective it is shown that most revenue is generated in the United States (US$8,194m in 2017).

 

UNITED KINGDOM

Revenue in the "Connected Car" market amounts to US$1,888m in 2017.

Revenue is expected to show an annual growth rate (CAGR 2017-2021) of 29.1 % resulting in a market volume of US$5,244m in 2021.

The Connected Car penetration is at 6.9 % in 2017 and is expected to hit 20.5 % in 2021.

The market's largest segment is the segment "Connected Hardware" with a market volume of US$1,708m in 2017.

From a global comparison perspective it is shown that most revenue is generated in the United States (US$8,194m in 2017).

 

JAPAN

Revenue in the "Connected Car" market amounts to US$1,735m in 2017.

Revenue is expected to show an annual growth rate (CAGR 2017-2021) of 35.9 % resulting in a market volume of US$5,920m in 2021.

The Connected Car penetration is at 1.7 % in 2017 and is expected to hit 10.5 % in 2021.

The market's largest segment is the segment "Connected Hardware" with a market volume of US$1,610m in 2017.

From a global comparison perspective it is shown that most revenue is generated in the United States (US$8,194m in 2017).

 

by Mehdi SARSAR

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