Connected Vehicle Market Share

Market Share of Connected Vehicle Industry

The connected vehicle market is dominated by Continental AG, Robert Bosch GmbH, Harman International Industries, Inc., DENSO Corporation, Airbiquity Inc, and Visteon Corporation. Connected vehicles' features are poised to become a common phenomenon in developing nations such as China, India, etc., market over the forecast period, as OEMs have started offering connected car features in their new respective models. For instance,

• In May 2022, LEVC (London Electric Vehicle Company) announced a new partnership with the global leader in IoT and connected transportation, Geotab, providing state-of-the-art fleet management systems on its class-leading electric TX taxi and VN5 van.
• In August 2021, Robert Bosch GmbH joined with Mahindra & Mahindra for the development of a connected vehicle platform. This partnership helps to grow and boost the connected platform in vehicles.
• In February 2021, Ford Motors and Google signed a strategic partnership for the development of connected car service applications. This partnership helps to enhance the ford motors connected vehicle business.

Connected Vehicle Market Leaders

1. Continental AG

2. Robert Bosch GmbH

3. Visteon Corporation

4. Harman International

5. Denso Corporation

*Disclaimer: Major Players sorted in no particular order