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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