Press Release

Eastern Region in Saudi Arabia Is Expected to Dominant the Saudi Arabia Connected Car Market By 2030

Rising vehicle safety concern among the people has driven the demand for connected car in Saudi Arabia.

According to the TechSci Research report, " Saudi Arabia Connected Car Market- By Region Competition Forecast and Opportunities, 2018-2028F", the Saudi Arabia connected car market is driven by an increase in vehicle theft during the past few decades. Since there were more automobiles stolen in the past, it was critical to implement linked solutions to enhance the detection of stolen vehicles and their whereabouts. For instance, the number of stolen vehicles rose by 11.8% in 2020, hitting the highest level in the previous ten years.  The desire for connected automobiles was fuelled by an increase in vehicle theft, by seeing the advantage of connected car over the normal cars the dominance of connected car in terms of sales is increasing over the years.

The market for connected cars has been hampered by a lack of infrastructure necessary for efficient connected car operation. The safety of transportation and the successful adoption of connected cars or other vehicle innovations depend on the roadside infrastructure. It was challenging for automakers to integrate linked cars effectively since there was no technology for monitoring the effects of damage to roadside infrastructure. Therefore, a lack of infrastructure in the past has limited the market's growth for linked cars.

Systems that help drivers reach their destination in the shortest amount of time, safely, affordably, and with the least amount of fuel usage are included in mobility management. Vehicles with built-in navigation systems have access to real-time traffic data that automatically suggests other routes to avoid traffic and can provide details on reasonably priced gas stations and parking spaces. Navigation systems are anticipated to identify fuel-efficient routes for current traffic patterns over the coming years, enabling vehicles to access highway warnings and warnings.

 

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The market for connected cars is providing expansion potential in Saudi Arabia. IoT technology has been rapidly adopted in the area for the modern and intelligent transportation sector. Nissan Motor Corporation and Etisalat worked together in 2015 to launch a connected vehicle in Saudi Arabia. Nissan Motor Corporation put a tiny gadget inside the Nissan Maxima and Nissan Patrol vehicles with a SIM card from Etisalat for M2M communications messages and warnings.

The primary attraction of embedded connection is its simplicity. For users, it simply functions around promoting service usage. Embedded solutions emphasise apps that are vehicle-centric, highly reliable, and always available. Embedded connectivity can improve the performance of safety-based services like eCall and is necessary for some services like stolen car tracking and remote door unlock.

Embedded (and tethered) solutions are anticipated to be a long-term partner to smartphone integration, where apps run on the phone and the human-machine interface (HMI) is transmitted to the car. This will support the customer's preferred lifestyle apps (such as internet radio). However, additional consideration of smartphone integration is not given because it relies on the vehicle manufacturer to ensure compatibility with the customer's phone through its own apps, software development kits (SDKs), and application programming interfaces and is often operator-agnostic.

The telematics market comprises of sales of vehicles equipped with telematics by companies that produce connected vehicles. Telematics is a method of communication used in the automotive industry that relies on wireless networks to transmit and receive data from and about the moving objects. The automotive sector is being pushed into the information age by the confluence of wireless communications, location technology, and in-vehicle electronics. Original equipment manufacturers (OEMs), their associates, and independent content producers and aggregators can all supply material to the car via telematics, including maps, weather forecasts, traffic reports, news, stock quotes, social media updates, messages, and entertainment. The majority of the cars in this segment include an integrated telematics system.

 Some of the major players operating in the Saudi Arabia Connected Car Market include:

  • Apple Inc.
  • AT&T Inc.
  • Ford Motor Company 
  • General Motors Company
  • BMW Group
  • Google Inc
  • Audi AG
  • Delphi Automotive PLC
  • NXP Semiconductors N.V
  • Car Force
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Many companies are investing in the research and development, for the innovation and improvement of connected car services. The investment will help in research and development of the different services such as driving assistance, vehicle management, vehicle to cloud for the better driving experience and for the vehicle safety. The investment by the major automotive manufacturing companies will help to make connected car easily available for the buyers in the market, which will further help in driving the Saudi Arabia Connected Car Market during the forecast period, "said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

Saudi Arabia Connected Car Market By Technology Type (3G,4G,5G), By Connectivity (Embedded, Tethered, Integrated), By Communication (Vehicle To Vehicle, Vehicle to Infrastructure, Vehicle to cloud, Vehicle to Pedestrian, Vehicle to Everything), BY Service (Driving Assistance, Connected Safety, Well Being, Vehicle Management, Intersection Assistance, Emergency Braking, Others), By Region, Competition Forecast & Opportunities, 2018-2028 has evaluated the future growth potential of Saudi Arabia Connected Car Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Saudi Arabia Connected Car Market.


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