India Connected Car Market Size, Industry Trends, Share, Growth and Report 2024-2032

India Connected Car Market Size, Industry Trends, Share, Growth and Report 2024-2032

IMARC Group, a leading market research company, has recently releases report titled “India Connected Car Market Report by Technology (3G, 4G/LTE, 5G), Connectivity Solution (Integrated, Embedded, Tethered), Service (Driver Assistance, Safety, Entertainment, Vehicle Management, Mobility Management, and Others), End Market (Original Equipment Manufacturer (OEMs), Aftermarket), and Region 2024-2032”. India connected car market size is projected to exhibit a growth rate (CAGR) of 20.10% during 2024-2032.

The advancements in automotive technology as well as growing consumer demand for enhanced vehicle connectivity and smart features are the factors responsible for the growth of the India connected car market. Additionally, the market is catalyzing as there is a growing expectation for seamless connectivity between their vehicles and other digital devices. This trend is further supported by the proliferation of smartphones and mobile applications that enable users to control various car functions remotely. Moreover, the push for safer driving experiences is driving the adoption of advanced driver assistance systems and telematics, which are integral components of connected cars, offering features such as collision warnings, lane-keeping assistance, and real-time traffic updates. 

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India Connected Car Market: 

Initiatives taken by government authorities and collaborations between automakers and technology companies are also significant drivers of the connected car market in India. The emphasis of the government authorities on smart city projects and the development of intelligent transportation systems is creating a conducive environment for the growth of connected car technologies. Furthermore, partnerships between automotive manufacturers and tech giants are accelerating the innovation and deployment of connected vehicle solutions. These collaborations are leading to the development of advanced infotainment systems, over-the-air updates, and integrated voice assistants, enhancing the overall user experience and thereby escalating the market. In line with this, the rising disposable incomes and changing lifestyles of consumers are also contributing to the demand for premium vehicles equipped with cutting-edge connectivity features, which is expected to drive the India connected car market over the forecasted period.

India Connected Car Market Segmentation:

Technology Insights:

• 3G
• 4G/LTE
• 5G

Connectivity Solutions Insights:

• Integrated
• Embedded
• Tethered

Service Insights:

• Driver Assistance
• Safety
• Entertainment
• Vehicle Management
• Mobility Management
• Others

End Market Insights:

• Original Equipment Manufacturer (OEMs)
• Aftermarket

 Regional Insights:

• North India
• West and Central India
• South India
• East and Northeast India

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Key Highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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