Connected Vehicles: Operator Opportunities, Competitor Leaderboard and Market Forecasts 2023-2027

• Market Dynamics: Provides a detailed assessment of market drivers and the key market trends within the connected vehicles' market share, as well as an in-depth evaluation of the economic growth of its future development and readiness for further disruption.

• Mobile Network Operators Opportunity Market Analysis: Analysis of how the operators will gain from the growth and improvement of advanced in-vehicle connectivity and real-time data, presenting their key opportunities in the connected car industry.

• Juniper Research Competitor Leaderboard: Key player capability and capacity assessment for 20 connected vehicle management platform providers; positioning them as either established leaders, leading challengers, or disruptors and challengers. Our Competitor Leaderboard scores these companies on their size of operations in the connected vehicles space, their extent and breadth of market partnerships, the sophistication of their platforms and Juniper Research’s view on each company’s innovation and future business prospects. The company profiles included in Juniper Research’s Connected Vehicles Competitor Leaderboard are the following major players:
  • ADLINK
  • Airbiquity
  • AT&T
  • Cisco
  • Ericsson
  • Giesecke+Devrient
  • Gosuncn
  • Hopechart
  • Huawei
  • IBM
  • IDEMIA
  • KORE Wireless
  • KPIT Technologies
  • Mojio
  • Octo Telematics
  • Qualcomm
  • Thales
  • Verizon
  • Vodafone
  • WirelessCar

• Benchmark Industry Forecasts: 5-year forecasts for the connected vehicles market, including the number of vehicles with embedded connectivity, revenue for operators and data usage, split by total and 5G, as well as by consumer vehicles versus commercial vehicles. Data is also split by our 8 key regions and the 60 countries listed below:

• North America:
  • Canada, US
• Latin America:
  • Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay
• West Europe:
  • Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK
• Central & East Europe:
  • Croatia, Czech Republic, Hungary, Poland, Romania, Russia, Turkey, Ukraine
• Far East & China:
  • China, Hong Kong, Japan, South Korea
• Indian Subcontinent:
  • Bangladesh, India, Nepal, Pakistan
• Rest of Asia Pacific:
  • Australia, Indonesia, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam
• Africa & Middle East:
  • Algeria, Egypt, Israel, Kenya, Kuwait, Nigeria, Qatar, Saudi Arabia, South Africa, United Arab Emirates

1. What is the anticipated market size for in-vehicle connectivity over the next 5 years?
2. How will in-vehicle connectivity use differ between consumer and commercial applications?
3. How will 5G unlock new use cases within connected vehicles, including autonomous driving?
4. Who are the key disruptors in this space, and what strategies are vendors employing?
5. How is the industry expected to develop over the next 5 years?

Case Studied: BMW, Deutsche Telekom, Honda, Orange, SoftBank Group.

Included in the Juniper Research Competitor Leaderboard: ADLINK, Airbiquity, AT&T, Cisco, Ericsson, Giesecke+Devrient, Gosuncn, Hopechart IoT, Huawei, IBM, IDEMIA, KORE Wireless, KPIT Technologies, Mojio, Octo Telematics, Qualcomm, Thales, Verizon, Vodafone, WirelessCar.

Mentioned: 500 Global, Accenture, Acorn Ventures,  Admiral Insurance, Adobe, Alpine, ANSCENTER, Anthem, Apple, Arity, Assurant, Aston Martin, AT&T, Atos, Audi, AutoCore, AWS (Amazon Web Services), Baidu, BBVA, BDC IT Venture Fund, Beiben Truck, Bell Telephone Company,  Bentley, BlackRock, Blues Wireless, Bosch, BT, Cadillac, CAMC, Capgemini, China Telecom, ClearBlade, Cloudera, Cognizant, Continental,  CVS,  Cyngy, DB Schenker,  Delphi, Denso, dSpace,  Einride,  Entrust Datacard, Esri,  EVUM Motors, Ferrari, FirstNet, Ford, Fortinet, Foton Motor Group,  Geely, Generation Ventures, GM, Google, Grab, Groupama, Hazelcast, HDI, Hitachi, Honeywell, Housecall Pro, HP, HSBC, Hyundai, Ignition Partners,  Infiniti,  InfluxDB, Innogy Ventures,  Integron, Intel, Iris Capital, ITRI, JAC Motors, Jaguar, JCB, KasperskyOS, Kepware, Korea Telecom, LaFarge, Lamborghini, Land Rover,  Lexus,  LG,  Lynk & CO,  Maserati, MediaTek, Mercedes, Microsoft Azure, Motorola, MySQL, Napa Transport, National Grid, Nebula Systems, Nissan, Nokia, NVIDIA, NXP, O2, OnStar, ORIX Ventures, Palo Alto Networks, Pamplona Capital Management, PAS Groupe, Pepsi, Costco, Ping Identity, Pod Group, Porsche, PrismTech, PUMA, Qantas, Quortus, RacoWireless, Red Hat, Relay Ventures,  Renault, Renesans, Renova Group, RoboSense LIDAR,  SAFERIDE Technologies, Samsung, Sany, SAS, Scania,  Scania,  Seat,  Shaanxi Automobile Tianjian,  Shell, Shell Internet Ventures B.V., Sichuan Hyundai,  Siemens, SIMON IoT, SinoTruck, Škoda,  Société Générale, SOMIT Solutions, Sprint, ST (STMicroelectronics), Stellantis, Subaru, Technica Engineering, Telecom Consulting Group, Telefónica, Telia, Telstra, Telus Ventures, Tencent Cloud, Teraki, Tesla, The National Gallery, Three, Tier IV, T-Mobile, Toyota, Trend Forward Capital, TrendMicro, Uptane, Vivint, VMware, Volkswagen Group, Volta Trucks, Volvo, WeRide, WEY, Wind River, Wipro, WTG, Wyless, YESWAY, ZEV Auto Group.

The Connected Vehicles data includes 5-year forecasts for the connected vehicles market, including the number of vehicles with embedded connectivity, revenue for operators and data usage, split by total and 5G, as well as by consumer vehicles versus commercial vehicles.

• Geographical splits: 60 countries
• Number of tables: 47 tables
• Number of datapoints: Over 19,600 datapoints

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The number of connected vehicles in service will reach 367 million globally in 2027, from 192 million in 2023. This growth of 91% will be driven by the advancement of both ADAS and increasing the capabilities of in-vehicle infotainment systems. 5G’s high speed and low-latency capabilities will be transformative to these goals, requiring effective collaborations between automotive OEMs and operators to realise.

• Operators are critical to unlocking new use cases, such as autonomous driving and data-heavy infotainment, via 5G, representing a $3.6 billion opportunity for providing 5G connectivity enablement in 2027 globally.

• 5G can allow automotive OEMs to upgrade the in-vehicle experience. In a vehicle market transitioning to electric vehicles, improving the user experience is key. Operators hold the critical role in enabling this in a reliable way, making them the partners of choice as their 5G networks rapidly expand.

• By 2027, commercial vehicles will only account for 20% of connected vehicles worldwide, representing a small increase from 16% by the end of 2023. Commercial vehicle design is not leveraging connectivity beyond simple emergency call features and basic connected infotainment systems, although this is changing, as businesses prioritise tracking and logistics capabilities.

• Accordingly, automotive OEMs should prioritise integrations with common fleet tracking systems out of the factory to maximise the benefits of connectivity, and to enable commercial fleet owners to maximise efficiency in their processes.