Connected Car Statistics 2024 – Everything You Need to Know

Are you looking to add Connected Car to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Connected Car statistics of 2024.

My team and I scanned the entire web and collected all the most useful Connected Car stats on this page. You don’t need to check any other resource on the web for any Connected Car statistics. All are here only 🙂

How much of an impact will Connected Car have on your day-to-day? or the day-to-day of your business? Should you invest in Connected Car? We will answer all your Connected Car related questions here.

Please read the page carefully and don’t miss any word. 🙂

Best Connected Car Statistics

☰ Use “CTRL+F” to quickly find statistics. There are total 99 Connected Car Statistics on this page 🙂

Connected Car Benefits Statistics

  • Smart telematics are a great way to improve fleet safety, with more than a quarter of trucking companies citingdriver monitoring (32%), speed prevention (26%),andpreventing driver fatigue / exhaustion (30%). [0]

Connected Car Usage Statistics

  • Improve seat belt usage by90%. [0]

Connected Car Market Statistics

  • From 2021 to 2026, the telematics market is expected to register aCAGR of 20.7%. [0]
  • Here are some of the key takeaways from the report The connectedcar market is growing at a five year compound annual growth rate of 45% 10 times as fast as the overall car market. [1]
  • The global connected car market was valued at $63.03 billion in 2019, and is projected to reach $225.16 billion by 2027, registering a CAGR of 17.1%. [2]
  • A. The connected car market is expected to register a CAGR of 17.1% by 2027 due to the wider adoiption of this technology amongst vehicles. [2]
  • Similarly, subscription models will become increasingly popular, with respondents to McKinsey’s European Auto Financing Survey 2020 expecting the subscription market to form 20 percent of the total retail financing revenues by 2025. [3]
  • The global market for connected cars is expected to grow by 270 percent by 2024, according to a new report. [4]
  • In terms of overall connected car penetration, Germany, the UK, and the US are leading the market, with the highest percentage of shipments in 2017. [4]
  • At present, the connected car market is strongly aligned with 2G/3G networks, according to Neil Shah, research director at Counterpoint. [4]
  • At the moment, the autonomous car market is estimated to be worth $54 billion. [5]

Connected Car Software Statistics

  • Fleets using smart telematics havereduced “safety incidents” by 42%, thanks to software that monitors driver behavior. [0]
  • While fuel is considered the largest spend for 32% of fleets,55% reduced fuel coststhanks to telematics software. [0]

Connected Car Latest Statistics

  • Available to download in PNG, PDF, XLS format 33% off until Jun 30th. [6]
  • With an estimated one billion motor vehicles in use globally, including more than 260 million highway registered vehicles in the United States, it also happens to be highly competitive. [0]
  • Indeed, the share of connected cars among new vehicles sold will rise from35% in 2015to100% in 2025. [0]
  • As of 2018, Americans owned32.7% of the world’s connected cars. [0]
  • However, Europe is expected to overtake the United States in terms of connected car ownership by 2024, at which point they’ll own31% of the world’s connected vehicles. [0]
  • Thanks to smart telematics, high risk behavior in younger drivers can bereduced by more than 30%. [0]
  • canlower claims costs in this age group by a minimum of 30%. [0]
  • By the end of 2021, this number will likely reach 59 million units. [0]
  • According to Teletrac Navman’s 3rd Annual Telematics Benchmark Report…. [0]
  • In 2019,86% of fleets used telematics, compared to 48% in 2017 and 82% in 2018. [0]
  • 74% of fleetsuse telematics to monitor vehicle and equipment location. [0]
  • 66% of fleetsuse telematics to track hours of service. [0]
  • IoT, data analytics, and cloud can alsolower accidents and injuries by 25%. [0]
  • This increases vehicle efficiency by 15%. [0]
  • Moreover, using smart telematics for fleet safety has been found to… Reduce accidents by45%. [0]
  • Telematics reduce vehicle travel time to sites by 68%. [0]
  • This canreduce Co2 emissions by 75%, or around 36 million metric tons per year. [0]
  • Using smart telematics for fleet management has been found to… Reduce fuel consumption by25%. [0]
  • Sales of vehicles with at least a Level 3 of autonomyare projected to increase by a staggering 2,900 percent in this decade, from less than two million in 2020 to 58 million units in 2030. [7]
  • By 2020, BI Intelligence estimates that 75% of cars shipped globally will be built with the necessary hardware to connect to the internet. [1]
  • We expect that 75% of the estimated 92 million cars shipped globally in 2020 will be built with internet. [1]
  • US Connected Car Installed Base, 2018, 2019 & 2024 (millions and % of total). [8]
  • Worldwide, by Country, 2019 2025 (% of total). [8]
  • (% of respondents, by country, Oct 2018) Most Anticipated Use Cases for 5G. [8]
  • According to Executives Worldwide, 2019 (% of respondents) 5G Internet of Things Endpoint Devices Worldwide, by Category, 2020 & 2024 (thousands and % of total). [8]
  • Who Are Interested in Autonomous Driving, March 2019 (% of respondents). [8]
  • Top Concerns that US Internet Users Have About Self Driving Vehicles, July 2019 (% of respondents). [8]
  • (% of respondents, by demographic, May 2019) Are Internet Users in China, Europe* and the US Willing to Pay More for Car Add Ons or Upgrades on an Autonomous Mobility Trip. [8]
  • (% of respondents, by car ownership, Jan 2019). [8]
  • Oct 2019 (% of respondents). [8]
  • Europe would exhibit the highest CAGR of 20.4% during 2020. [2]
  • In 2021, 60.3% of licensed drivers in the US will drive a connected vehicle, expanding to 70.1% by 2025. [9]
  • By 2025, 70.1% of licensed drivers in the US will be driving a connected car. [9]
  • According to Adults in South Korea, the UK, and the US, Jan 2020 (% of respondents) Connected Car Services that Are Important to Adults in China, Germany, and the US, Aug 2020 (% of respondents). [9]
  • According to Consumers in Select Countries, Oct 2020 (% of respondents). [9]
  • According to US Adults, April 2021 (% of respondents) Primary Concern About Connected/Autonomous Cars Among US Internet Users, Jan 2020 (% of respondents). [9]
  • Who Fear Someone Hacking into Their Connected Car and Risking Their Personal Safety, Oct 2020 (% of respondents). [9]
  • In Car Voice Assistant Users in Germany, the UK, and the US, 2021 (millions and % of population). [9]
  • US UsageBased Insurance Drivers, 2019 2024 (millions and % of insured drivers). [9]
  • In some countries, the percentage of consumers willing to switch brands for improved connectivity was even higher. [3]
  • Similarly, 39 percent of consumers were interested in unlocking additional digital features after purchasing a vehicle a figure that rises to 47 percent for customers of premium OEMs. [3]
  • OEMs are also less likely to form partnerships in the B2B sphere than their peers in other sectors, making it difficult to serve the huge number of potential customers and obtain full value. [3]
  • Forecasts indicate that connectivity levels will increase significantly, with 60 to 70 percent of new vehicles sold in North America and Europe reaching Connected Car Customer Experience Level 3 or above by 2030. [3]
  • First, sales will increasingly shift online, with 20 to 25 percent of vehicles expected to be sold through this channel by 2025. [3]
  • It is somewhat lower than the $450 billion to $750 billion in annual value that we estimated players would obtain through car data monetization in our 2016 report on this topic. [3]
  • By 2030, about 95 percent of new vehicles sold globally will be connected, up from around 50 percent today. [3]
  • Around 45 percent of these vehicles will have intermediate and advanced connectivity. [3]
  • Together, they represent 40 to 45 percent of the total value pool. [3]
  • McKinsey’s 2020 ACES consumer survey shows that 39 percent of customers would appreciate having the ability to unlock additional connectivity features after vehicle purchase, rather than having to make the decision at the time of purchase. [3]
  • In the premium segment, this number rises to 47 percent. [3]
  • For instance, 63 percent of Chinese respondents wanted to unlock features after purchase, compared with under 30 percent in France, Japan, and Switzerland. [3]
  • Our research suggests that these agile teams boost productivity by 27 percent, reduce launch delays by 30 percent, and eliminate 70 percent of defects. [3]
  • Since then, U.S. drivers have clocked in more miles driven while fatalities per 100 million miles have dropped by 20%. [10]
  • 91% of new car sales in the U.S. are connected The United States was the country with the largest percentage of connected vehicles sold last year. [10]
  • In 2020, 91% of new cars sold in the United States were connected cars. [10]
  • But today, connected cars which includes 97% of electric vehicles produce data that directly impact new and emerging use cases for sustainable energy, research and development, auto insurance, and transportation infrastructure. [10]
  • The latest findings from Counterpoint Research’s Internet of Things Tracker service say that major European economies, including Germany, France, and the UK, are expected to hit nearly 100 percent connected car penetration by 2020. [4]
  • However, China accounted for 32 percent of total shipments, due to booming demand within the country for new passenger vehicles. [4]
  • Among the leading marques, General Motors, BMW, Audi, and Mercedes Benz dominate, according to 2017 figures. [4]
  • “Together, these brands account for more than 90 per cent of the total connected passenger cars with embedded connectivity sold in 2017”. [4]
  • However, he said that it is “moving swiftly” to 4G LTE connectivity, with the technology forecast to be installed in nearly 90 per cent of connected cars by 2024. [4]
  • “However, the overall penetration is likely to remain low until 2024. [4]
  • According to our self driving car statistics, nearly 43% of people in the US don’t feel safe in a driverless car. [5]
  • 55% of small businesses believe that they are going to have a fully autonomous fleet in the next two decades. [5]
  • 57% of people who are familiar with self driving cars would be willing to ride inside them. [5]
  • 16% of residents would feel comfortable letting a fully autonomous vehicle drive them around, even if it meant that they have absolutely no control themselves. [5]
  • 55% of small businesses believe that they are going to have a fully autonomous fleet in the next two decades, autonomous vehicles statistics reveal. [5]
  • 41% of people stated that they would ride in someone else’s car if it was self. [5]
  • When you look at Deloitte’s last year survey, you will notice a huge 8% drop. [5]
  • In addition, 61% of adult internet users stated that they would not feel comfortable riding in a self driving car, according to the Brookings Institution Source Nissan 2. [5]
  • Studies have shown that only 57% of people familiar with self driving cars would be willing to ride inside them. [5]
  • 52% of people believe that AVs still actually require some level of human control. [5]
  • 75% of people would much rather drive a car than ride in an autonomous car. [5]
  • If cars were autonomous, 64% of people would rather own their car as opposed to hiring it as a taxi service. [5]
  • Even in a fully autonomous world, 71% of people would actually miss driving to some extent. [5]
  • 75% of voters in the US stated that they want Congress to try and put the brakes on driverless cars, showing that there are still some safety concerns when it comes to the future of this technology. [5]
  • 57% of people said that they would not feel comfortable purchasing a driverless car even if money was not actually an issue, self driving car statistics reveal. [5]
  • 54% also said that they would not use a fully self driving car even when they do become available. [5]
  • On the other hand, 33% of surveyees think that semi autonomous technology would actually make them better drivers. [5]
  • Lastly, 16% of drivers are under the impression that autonomous cars spell the end of auto insurance as we know it. [5]
  • Those who work in the IT profession, on the other hand, believe that cars will, one day, be able to make a rational decision; as much as 60% of those working in the tech industry are optimistic about the future of driverless cars. [5]
  • The other half believed that it was more important to protect pedestrians or to have a few victims as possible; as little as 3% of people preferred the car to choose at random whether to protect the people in the car or the pedestrians. [5]
  • Nevertheless, Tesla claims that their self driving cars are four times better than normal cars; while in Autopilot mode, there is an estimated 1 fatality per 320 million miles driven. [5]
  • Lawmakers estimate these advances can halve response times for vehicle crashes in rural areas, reducing fatalities by at least four percent. [11]
  • While concerns may exist around the privacy implications of sharing telematics data, research shows that an estimated 70 percent of all auto insurance carriers are expected to use telematics data by 2020. [11]
  • Chinese consumers are also less likely to be brand loyal and will switch to another vehicle for increased connectivity. [11]

I know you want to use Connected Car Software, thus we made this list of best Connected Car Software. We also wrote about how to learn Connected Car Software and how to install Connected Car Software. Recently we wrote how to uninstall Connected Car Software for newbie users. Don’t forgot to check latest Connected Car statistics of 2024.

Reference


  1. pareteum – https://www.pareteum.com/35-connected-vehicle-stats-to-know-in-2021/.
  2. businessinsider – https://www.businessinsider.com/connected-car-statistics-manufacturers-2015-2.
  3. alliedmarketresearch – https://www.alliedmarketresearch.com/connected-car-market.
  4. mckinsey – https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/unlocking-the-full-life-cycle-value-from-connected-car-data.
  5. internetofbusiness – https://internetofbusiness.com/worldwide-connected-car-market-to-top-125-million-by-2024/.
  6. policyadvice – https://policyadvice.net/insurance/insights/self-driving-car-statistics/.
  7. statista – https://www.statista.com/statistics/1155517/global-connected-car-fleet-by-market/.
  8. statista – https://www.statista.com/topics/1918/connected-cars/.
  9. emarketer – https://www.emarketer.com/content/connected-cars-2020.
  10. emarketer – https://www.emarketer.com/content/us-connected-cars-forecast-2021.
  11. smartcar – https://smartcar.com/blog/connected-cars-worldwide/.
  12. ironpaper – https://www.ironpaper.com/webintel/articles/smart-car-statistics-the-increasingly-digital-experience-of-the-connected-vehicle.

How Useful is Connected Car

The concept of connected cars, sometimes referred to as smart cars, refers to vehicles that are equipped with internet connectivity and a range of onboard sensors and technologies. This connectivity allows cars to communicate with each other, with infrastructure such as traffic lights, and with external services such as navigation apps and streaming media platforms.

One of the most significant benefits of connected cars is their ability to improve road safety. Through the use of advanced driver assistance systems (ADAS) and vehicle-to-vehicle communication, connected cars can help drivers avoid accidents, navigate challenging road conditions, and receive real-time alerts about hazards on the road. By providing drivers with important information and assistance, connected cars have the potential to save lives and prevent accidents.

In addition to enhancing road safety, connected cars also offer a range of conveniences and efficiencies to drivers. For example, connected cars can provide real-time traffic and weather updates, helping drivers plan their routes and avoid congested areas. They can also offer personalized recommendations for nearby restaurants, gas stations, and attractions, making it easier for drivers to find what they need while on the go.

Connected cars can also help drivers stay connected and productive while on the road. With the ability to make hands-free calls, send messages, and access emails, drivers can stay in touch with friends, family, and colleagues without taking their hands off the wheel. Connected cars can also integrate with smart home devices, allowing drivers to control lights, thermostats, and security systems from their vehicles.

Furthermore, connected cars can bring entertainment and infotainment into the driving experience. With access to streaming music, podcasts, and audiobooks, drivers can enjoy a wide range of entertainment options while on the road. In-car streaming services can also provide travelers with access to news, sports updates, and weather information, keeping them informed and engaged during their journeys.

While connected cars offer a range of benefits and conveniences, there are also some challenges and concerns associated with this emerging technology. Privacy and data security are major concerns, as connected cars collect and transmit a wealth of data about driving behavior, locations, and personal preferences. It is essential for automakers and technology companies to prioritize data protection and cybersecurity to ensure that drivers’ information remains safe and secure.

Overall, connected cars have the potential to revolutionize the way we drive, offering enhanced safety, convenience, and entertainment to drivers and passengers alike. As the technology continues to evolve and improve, connected cars will likely become even more useful and integral to our daily lives.

In Conclusion

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We tried our best to provide all the Connected Car statistics on this page. Please comment below and share your opinion if we missed any Connected Car statistics.




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