The market scope for connected cars includes all the devices that help a car in communicating and exchanging information with other vehicles and entities. Telematics systems, adaptive cruise control, lane departure warning systems, and park assist are a few products, among others, considered within the scope.

The vendor DIVE provides information about the major players that offer connected car devices products and outlines the findings and analysis on how well each market vendor performs within predefined DIVE criteria. The vendor evaluations are based on two broad categories—product offering and business strategy. Each category carries various criteria based on which the vendors are evaluated. The evaluation criteria considered under product offering includes the breadth of offering, product innovation, and market presence (OEM and aftermarket). The evaluation criteria considered under business strategy include reach (by geographic presence), revenue growth, infrastructure and key clients channel, inorganic growth (by partnerships, collaborations, and acquisitions), and organic growth.

Visionary Leaders considered have a strong portfolio of devices, solutions, and services offering connected car devices. These vendors have been marking their presence in the connected car devices market by offering highly advanced, customized and easily deployable solutions for the OEMS, coupled with their robust business strategy to achieve constant growth in the connected car devices market.

The dynamic companies have an innovative portfolio of solutions and services and also have an extensive network of channel partners to increase the deployment of their solutions across a multitude of vertical markets. Over the years, the dynamic vendors have been consistently generating positive revenue growth in the connected car devices market, and their market position is boosted by the organic and inorganic ventures, undertaken by them over the period.

The innovators have an innovative portfolio of connected car devices and a robust potential to build strong business strategies for their business growth to be at par with the Vanguards. These vendors have been consistently offering connected car device portfolio to customers to fulfill their demands. Innovators have been forefront in deploying their solutions.

The majority of the emerging vendors have been undertaking multiple acquisitions and boosting their sales capabilities across various regions to offer integrated solutions, devices, and services to a wide range of clients. The growth can also be attributed to changing government norms regarding the adoption of Driver Assistance Systems (DAS) and telematics systems in this region, along with increasing consumption level due to increased incomes. The North American market is expected to grow at the second highest CAGR during the forecast period. The popularity of luxury cars in the region is expected to increase. Also, government regulations regarding safety such as mandatory lane departure warning system, blind spot detection system, and telematics will lead to an increase in the adoption of CCD in North America. In this section, key types of CCD are discussed, in terms of volume and revenue, by country. The demand and revenue for these types are explained with regard to their consumption across major countries in Asia- Pacific, Europe, North America, and ROW