Report Description

Saudi Arabia Connected Car Market had shown growth in the past years, and it is anticipated to increase at a high rate in the forecast year 2023-2028. With connectivity on wheels, connected cars offer comfort, performance, security, and safety. With the help of such cutting-edge technology of connected car, the driver and the passengers can connect with numerous web platforms that make real-time communication possible while they are driving. The Saudi Arabia connected car market is expected to develop as a result of rising consumer demands, an ongoing need for connectivity, improved technology dependability, and an increase in the number of technology enthusiasts. The Saudi Arabia’s market for connected cars is also being driven by an increasing number of telematics regulations from government of Saudi Arabia, all of those that are in place and those that are anticipated. Over the coming ten years, the market for connected cars may boost sales for automotive manufacturers in Saudi Arabia. The automotive manufacturers are expected to provide the optimum mix of application and product packages for their target audiences and must analytically invest in R&D to sustain their technological leadership. According to the research by the NIDC (National Industrial Development Corporation), 50% drivers demand rearview camera or backup warning, more than 46% drivers demand for blind-spot warning system and about 15% of the buyers wants the fully automatic accelerator in the new vehicle for increasing the safety.

New Technology and Software in Connected Car

Many technology firms and software developers are important for the development of the automotive sector. Two of the applications of connected car’s, Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) communication technologies have made it possible for cars to create seamless contact with other vehicles and infrastructure. The connected car market has grown in Saudi Arabia because of the increasing use of artificial intelligence (AI) technology, which enables smarter interactions between the driver and the vehicle. Customers can experience fully autonomous driving thanks to the technology's wide range of sophisticated capabilities, including voice recognition, gesture recognition, driver monitoring, virtual assistance, and Natural Language Understanding (NLU).

Emergence Of Various Technologies such as 5G And AI

The market for connected cars is expected to rise over the forecast period owing to the development of technologies such as 5G and AI. Many developed and emerging nations are using 5G and AI technology across various sectors. For instance, mm Wave 5G is being implemented in Europe and China for a limited number of specialized use cases with the intention of making it a standard technology by 2022. Similarly, more than 600 million people will have 5G subscriptions by the end of 2022, predicts Ericson. Similar to how new technologies such as artificial intelligence and machine learning are influencing companies of all sizes. Therefore, the development of 5G and AI technology is expected to fuel the market for connected cars.

Increasing Demand for Smart Solutions in Mobility

Future growth in the market for connected automobiles is being driven by rising demand for innovative mobility solutions. Companies and customers are working harder to develop intelligent automotive mobility solutions. A new network of smart transportation is created by the connection between linked infrastructure and smart vehicles. Thus, rising demand for intelligent transportation solutions drives the market for connected cars.


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Market Segmentation

The Saudi Arabia Connected Car Market is segmented on the basis of vehicle type, technology type, connectivity, communication, service, by region, and competitional landscape. Based on the vehicle type, the market is further bifurcated into passenger car and commercial vehicle. Based on technology, the market is further divided into 3G, 4G, 5G. Based on connectivity, the market is divided into embedded, tethered, and integrated. Based on communication, the market is segmented into vehicle to vehicle, vehicle to infrastructure, vehicle to cloud, vehicle to pedestrian, vehicle to everything. Based on service, the market is divided into driving assistance, connected safety, well being, vehicle management, intersection assistance, emergency braking, and others. On the basis of region, the market is divided into northern & central, western, eastern, and southern region.

High Security Threats in Connected Cars

The market for connected cars is expected to experience slow growth owing to rising cybersecurity concerns. The prevalence of software in connected cars raises the possibility that it will be used maliciously. Attackers can interfere with wireless communications to obstruct operations, take advantage of remote controls to take over the car, transmit false commands, and other tactics when targeting connected cars. These dangerous attacks limit consumer use of connected cars and have an adverse effect on the market's expansion.

Company Profiles

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., are among the major market players in the market that lead the market growth of the Saudi Arabia Connected Car Market.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion and CAGR for 2018-2021 and 2023E-2028F

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

By Vehicle Type

By Technology Type

By Connectivity

By Communication

By Service

By Region

Regional Scope

Northern & Central, Western, Eastern and Southern

Key Companies Profiled

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.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, the Saudi Arabia Connected Car Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Saudi Arabia Connected Car Market, By Vehicle Type:
    • Passenger Car
    • Commercial Vehicle
  • Saudi Arabia Connected Car Market, By Technology Type:
    • 4G
    • 5G
    • 3G
  • Saudi Arabia Connected Car Market, By Connectivity Type:
    • Embedded
    • Tethered
    • Integrated
  • Saudi Arabia Connected Car Market, By Communication Type:
    • Vehicle to Vehicle
    • Vehicle to Pedestrian
    • Vehicle to Cloud
    • Vehicle to Infrastructure
    • Vehicle to Everything
  • Saudi Arabia Connected Car Market, By Service Type:
    • Driving Assistance
    • Well-Being
    • Vehicle Management
    • Emergency Braking
    • Connected Safety
    • Intersection Assistance
  • Saudi Arabia Connected Car Market, By Region:
    • Northern & Central Region
    • Western Region
    • Eastern Region
    • Southern Region
  • Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Saudi Arabia Connected Car Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Saudi Arabia Connected Car Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Impact of COVID-19 on Saudi Arabia Connected Car Market

4.1.  Impact Assessment Model      

4.1.1.     Key Segments Impacted

4.1.2.     Key Regions Impacted

4.1.3.     Key Countries Impacted

4.1.4.     Key Distribution Channel Impacted

5.    Voice of Customer

5.1.  Brand Recall (Unaided and Aided)

5.2.  Factors Influencing Purchase Decision

5.3.  Brand Satisfaction Level

6.    Saudi Arabia Connected Car Outlook, FY2018-FY2028F

Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Vehicle Type (Passenger Car, Commercial Vehicle)

6.2.2.     By Technology Type (3G,4G,5G),

6.2.3.     By Connectivity (Embedded, Tethered, Integrated)

6.2.4.     By Communication (Vehicle to Vehicle, Vehicle to Infrastructure, Vehicle to cloud, Vehicle to Pedestrian, Vehicle to Everything)

6.2.5.     By Service (Driving Assistance, Connected Safety, Well Being, Vehicle Management, Intersection Assistance, Emergency Braking, Others)

6.2.6.     By Region (Northern & Central Region, Western Region, Eastern Region, Southern Region)

6.2.7.     By Company (2022)

6.3.  Saudi Arabia Connected Car Market Mapping and Opportunities

6.3.1.               Market Mapping and opportunity By Vehicle Type

6.3.2.               Market Mapping and opportunity By Technology Type

6.3.3.               Market Mapping and opportunity By Connectivity

6.3.4.               Market Mapping and opportunity By Communication

6.3.5.               Market Mapping and opportunity By Service

6.3.6.               Market Mapping and opportunity By Region

7.    Saudi Arabia Passenger Car Connected Car Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Volume and Value

7.2.  Market Share & Forecast

7.2.1.     By Vehicle Type (Passenger Car, Commercial Vehicle)

7.2.2.     By Technology Type (3G,4G,5G),

7.2.3.     By Connectivity (Embedded, Tethered, Integrated)

7.2.4.     By Communication (Vehicle to Vehicle, Vehicle to Infrastructure, Vehicle to cloud, Vehicle to Pedestrian, Vehicle to Everything)

7.2.5.     By Service (Driving Assistance, Connected Safety, Well Being, Vehicle Management, Intersection Assistance, Emergency Braking, Others)

7.3.  Saudi Arabia Passenger Car Connected Car Market Mapping and Opportunity

7.3.1.               Market Mapping and opportunity By Communication

7.3.2.               Market Mapping and opportunity By Service

8.    Saudi Arabia Commercial Vehicle Connected Car Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Volume and Value

8.2.  Market Share & Forecast

8.2.1.     By Vehicle Type (Passenger Car, Commercial Vehicle)

8.2.2.     By Technology Type (3G,4G,5G),

8.2.3.     By Connectivity (Embedded, Tethered, Integrated)

8.2.4.     By Communication (Vehicle to Vehicle, Vehicle to Infrastructure, Vehicle to cloud, Vehicle to Pedestrian, Vehicle to Everything)

8.2.5.     By Service (Driving Assistance, Connected Safety, Well Being, Vehicle Management, Intersection Assistance, Emergency Braking, Others)

8.3.  Saudi Arabia Passenger Car Connected Car Market Mapping and Opportunity

8.3.1.               Market Mapping and opportunity By Communication

8.3.2.               Market Mapping and opportunity By Service

9.    Market Dynamics

9.1.  Drivers

9.1.1.                    New Technology and Software in Connected Car

9.1.2.                    Rising Adoption of 5G Technology in Connected Cars

9.2.  Challenges

9.2.1.1.         High Security Threats in Connected Cars

9.2.1.2.         Reliability Issues Faced by Connected Cars Sensors

10.  Market Trends & Developments

10.1.              Advancements in Fleet Management Solutions Through Connected Cars

10.2.              Emergence Of Various Technologies Such As 5G And AI.

10.3.              Growing Market Penetration Due to Addition of Market Players

11.  Porter’s Five Forces Model

11.1.              Competition Landscape

11.2.              Buyer Power

11.3.              Supplier Power

11.4.              Threat of New Entrants

11.5.              Threat of Substitutes

12.  Competitive Landscape

12.1.              Competition Outlook

12.1.1.  Apple Inc.

12.1.1.1.      Company Details

12.1.1.2.      Products & Services

12.1.1.3.      Financial (As Reported)

12.1.1.4.      Key Market Focus & Geographical Presence

12.1.1.5.      Recent Development

12.1.1.6.      Key Management Personnel

12.1.2.  AT&T Inc.

12.1.2.1.      Company Details

12.1.2.2.      Products & Services

12.1.2.3.      Financial (As Reported)

12.1.2.4.      Key Market Focus & Geographical Presence

12.1.2.5.      Recent Development

12.1.2.6.      Key Management Personnel

12.1.3.  Ford Motor Company 

12.1.3.1.      Company Details

12.1.3.2.      Products & Services

12.1.3.3.      Financial (As Reported)

12.1.3.4.      Key Market Focus & Geographical Presence

12.1.3.5.      Recent Development

12.1.3.6.      Key Management Personnel

12.1.4.  General Motors Company

12.1.4.1.      Company Details

12.1.4.2.      Products & Services

12.1.4.3.      Financial (As Reported)

12.1.4.4.      Key Market Focus & Geographical Presence

12.1.4.5.      Recent Development

12.1.4.6.      Key Management Personnel

12.1.5.  BMW Group

12.1.5.1.      Company Details

12.1.5.2.      Products & Services

12.1.5.3.      Financial (As Reported)

12.1.5.4.      Key Market Focus & Geographical Presence

12.1.5.5.      Recent Development

12.1.5.6.      Key Management Personnel

12.1.6.  Google Inc

12.1.6.1.      Company Details

12.1.6.2.      Products & Services

12.1.6.3.      Financial (As Reported)

12.1.6.4.      Key Market Focus & Geographical Presence

12.1.6.5.      Recent Development

12.1.6.6.      Key Management Personnel

12.1.7.  Audi AG

12.1.7.1.      Company Details

12.1.7.2.      Products & Services

12.1.7.3.      Financial (As Reported)

12.1.7.4.      Key Market Focus & Geographical Presence

12.1.7.5.      Recent Development

12.1.7.6.      Key Management Personnel

12.1.8.  Delphi Automotive PLC

12.1.8.1.      Company Details

12.1.8.2.      Products & Services

12.1.8.3.      Financial (As Reported)

12.1.8.4.      Key Market Focus & Geographical Presence

12.1.8.5.      Recent Development

12.1.8.6.      Key Management Personnel

12.1.9.  NXP Semiconductors N.V

12.1.9.1.      Company Details

12.1.9.2.      Products & Services

12.1.9.3.      Financial (As Reported)

12.1.9.4.      Key Market Focus & Geographical Presence

12.1.9.5.      Recent Development

12.1.9.6.      Key Management Personnel

12.1.10.                Car Force

12.1.10.1.    Company Details

12.1.10.2.    Products & Services

12.1.10.3.    Financial (As Reported)

12.1.10.4.    Key Market Focus & Geographical Presence

12.1.10.5.    Recent Development

12.1.10.6.    Key Management Personnel

13.  Strategic Recommendations/Action Plan

13.1.              Key Focus Areas

13.2.              Target Regions & Countries

13.3.              Target Type

13.4.              Target Category

 (Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

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Based on application, some of the benefits of connected car are that hey provide intersection movement assist, forward collision warning, and blind spot warning.

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Northern & central Region has the highest market share followed by western region in the Saudi Arabia Connected Car Market.

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Some of the drivers for the Saudi Arabia connected car market are that it offers advanced safety and comfort system which gives better driving experience.

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Some of the major companies in Saudi Arabia Connected Car Market are Apple Inc., AT&T Inc., Ford Motor Company, General Motors Company, and BMW Group, etc.