India Passenger Vehicle Connected Services Market Report 2022-2028: Voice-assisted Features, Safety, Security, and Remote Services Drive Adoption of Connected Car Technologies

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Jun 08, 2022, 13:15 ET

DUBLIN, June 8, 2022 /PRNewswire/ -- The "Growth Opportunities for Passenger Vehicle Connected Services in India" report has been added to ResearchAndMarkets.com's offering.

This research offers revenue and unit shipment forecasts (2021 to 2028) for the overall Indian connected services market based on the body segment available (hatchback, sedan, SUV, and MPV).

It also includes connected services share forecast for the top 10 OEMs by penetration of connectivity type with a breakdown of their connected platform portfolio features.

India's connected car market is experiencing major breakthroughs with more original equipment manufacturers (OEMs) introducing new connected car features with every new model launched.

Growing demand for comfort, convenience, safety, and security has boosted the market for cars with advanced HMI features, more connected technologies, and the integration of advanced driver assistance system (ADAS) solutions.

Most of the premium OEMs in India now offer either smartphone connectivity or embedded connectivity as a standard feature, except on the base variant, whereas volume OEMs are offering smartphone connectivity and embedded connectivity on mid and high variants respectively.

Customers' increasing knowledge of connected car services and willingness to pay for premium features have contributed to the growth of connected cars in the Indian market.

Key Issues Addressed

What are the growth opportunities for OEMs in the connected services market?
What are the drivers and restraints of the connected services market?
How are the different types of connectivity distributed across OEMs?
What is the connected services market share for the next 5 to 6 years compared to the base year?
Who are the main players/OEMs, and what is their place in the connected services market?

Key Topics Covered:

1. Growth Opportunity Analysis

Connected Services Market, Scope of Analysis
Automaker Types
Connectivity Solution Segmentation
Vehicle Body Type Segmentation
Key Competitors in Connected Services
Key Growth Metrics
Growth Drivers
Growth Restraints
Revenue and Unit Shipment Forecast
Revenue Forecast by Segment
Unit Shipment Forecast by Segment
Forecast Assumptions, Revenue, and Pricing Trend Forecast Analysis

2. Growth Opportunity Analysis, Hatchback Segment

Key Growth Metrics
Revenue and Unit Shipment Forecast
Revenue and Pricing Trend Forecast Analysis

3. Growth Opportunity Analysis, Sedan Segment

Key Growth Metrics
Revenue and Unit Shipment Forecast
Revenue and Pricing Trend Forecast Analysis

4. Growth Opportunity Analysis, SUV Segment

Key Growth Metrics
Revenue and Unit Shipment Forecast
Pricing Trends and Forecast Analysis

5. Growth Opportunity Analysis, MPV Segment

Key Growth Metrics
Revenue and Unit Shipment Forecast
Pricing Trends and Forecast Analysis

6. OEM Strategies

Competitive Environment
Percent Penetration Forecast
Percent Penetration Forecast by Vehicle Segment
Connected Services Market Share Analysis - No Connectivity
Connected Services Market Share Analysis - Smartphone
Connected Services Market Share Analysis - Embedded*
Connected Services Market Share Analysis - Maruti Suzuki
Connected Services Market Share Analysis - Hyundai
Connected Services Market Share Analysis - Tata
Connected Services Market Share Analysis - Mahindra
Connected Services Market Share Analysis - Kia
Connected Services Market Share Analysis - Toyota
Connected Services Market Share Analysis - Renault
Connected Services Market Share Analysis - Honda
Connected Services Market Share Analysis - MG
Connected Services Market Share Analysis - Nissan

7. Automaker Portfolios, Connected Services Market, India

Connected Services Market Features in Volume Brands
Maruti Suzuki - Connected Services Market Platforms
Hyundai - Connected Services Market Platforms
Tata - Connected Services Market Platforms
Mahindra - Connected Services Market Platforms
Kia - Connected Services Market Platforms
Toyota - Connected Services Market Platforms
Renault - Connected Services Market Platforms
Honda - Connected Services Market Platforms
MG - Connected Services Market Platforms
Nissan - Connected Services Market Platforms

8. Growth Opportunity Universe

Growth Opportunity 1 - Customers' Increased Interest in Connected Services for Reach and Compatibility with Smartphone and In-vehicle Systems
Growth Opportunity 2 - New Revenue Opportunities for OEMs Via Added Features and Technology Inside the Car
Growth Opportunity 3 - Advanced Connected Car Technology Will Drive Mergers, Acquisitions, and Joint Ventures

Companies Mentioned