Latest news with #connectedcar
Zawya
12 hours ago
- Automotive
- Zawya
Qatar's automotive IoT market set to hit $357mln
Doha, Qatar: Qatar's automotive Internet of Things (IoT) sector is accelerating at full speed, with revenue forecasted to reach $369.93m (QR1.3bn) this year, according to a report from Statista. The market is expected to maintain strong momentum, recording a compound annual growth rate (CAGR) of 7.20 percent from 2025 to 2029, ultimately hitting $488.51m (QR1.7bn) by the end of the decade. This growth comes as Qatar doubles down on its smart city and digital transformation strategies, aiming to integrate advanced connected-car solutions into its urban mobility ecosystem. While the United States is projected to continue dominating the global automotive IoT market, which is expected to generate a staggering $98.86bn in 2025, Qatar's trajectory is notable for its speed and strategic focus. Industry leaders say that Qatar's plans for smart cities such as Lusail and Msheireb Downtown Doha are a major catalyst for automotive IoT adoption. From vehicle-to-infrastructure (V2I) communication to predictive maintenance systems, the country is prioritising technologies that make roads safer and traffic more efficient. 'Connected cars are no longer a luxury in Qatar as they are becoming part of the public infrastructure. As our cities become smarter, cars need to communicate not just with their drivers, but with traffic lights, emergency services, and even parking systems,' Abdul Hassan, General Manager at a leading luxury car dealership in Doha, told The Peninsula. The Ministry of Transport has been vocal about using IoT to enhance road safety, reduce congestion, and prepare for autonomous vehicles. Recent pilot projects include smart traffic corridors equipped with IoT-enabled sensors, as well as real-time traffic monitoring integrated into navigation apps. Hassan said, 'The national mobility strategy sees connected vehicles as a bridge to fully autonomous fleets as it aims to have near-seamless integration between private cars, public transport, and urban infrastructure.' Qatari consumers, known for their early adoption of premium automotive technology, are increasingly seeking vehicles with advanced infotainment, telematics, and driver-assistance systems. According to local dealerships, buyers now routinely inquire about connectivity features alongside horsepower and fuel efficiency. 'Customers aren't just asking if a car has Bluetooth—they want to know how their car will talk to the city. It's changing the way manufacturers pitch vehicles in this market,' the industry expert noted. While the outlook remains promising, analysts caution that cybersecurity, data privacy, and infrastructure readiness remain key concerns. Researchers stress that the complexity of integrating multiple systems from legacy traffic management software to next-generation 5G networks means that careful planning and regulatory oversight will be critical. With nearly half a billion dollars in market volume projected by 2029, Qatar's automotive IoT industry is on track to become a vital pillar of its diversification agenda. As the country positions itself as a regional hub for smart mobility, experts highlight that the fusion of cars and connectivity may soon be as commonplace as smartphones in everyday life. 'We are building cities where the car isn't just a vehicle—it's a node in the network and that's the future we are driving toward,' Hassan added. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (
Yahoo
4 days ago
- Automotive
- Yahoo
Automotive Smart Antenna Market worth $5.2 billion by 2030, Globally, at a CAGR Of 10.9%, Says MarketsandMarkets™
Delray Beach, FL, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Automotive Smart Antenna Market is estimated to grow from USD 2.5 billion in 2023 to USD 5.2 billion by 2030, at a CAGR of 10.9%, as per the recent study by MarketsandMarkets™. The increased demand for connected car features, in-vehicle infotainment, autonomous vehicles, and safety norms has increased the adoption of smart antennas globally. The smart antennas also provide high-speed, low-latency communication and real-time data exchange, making them suitable for the upcoming 5G technology. Switch Auto Insurance and Save Today! The Insurance Savings You Expect Great Rates and Award-Winning Service Affordable Auto Insurance, Customized for You Browse in-depth TOC on 'Automotive Smart Antenna Market' 236 - Tables54 - Figures257 – Pages Download PDF Brochure: Very High-frequency smart antennas are projected to showcase the highest demand over the forecast period. The very high frequency ranges between 800 MHz and 2000 MHz. This frequency band is commonly used for various wireless communication services, including mobile networks (2G, 3G, 4G/LTE, and 5G), GPS, and other wireless applications. Navigation-related features are prominent and leading applications in the automotive sector. The growing concerns over traffic congestion and features like finding the best routes have made car navigation widely accepted globally. With the increased number of embedded systems, cars equipped with in-built navigation systems are growing globally. Today, navigation has become a necessary feature of vehicles. Many countries have restricted the usage of overseas satellite navigation systems due to security reasons. Hence, a smart antenna for navigation systems needs to support GPS of respective countries such as GALILEO by Europe, GLONASS by Russia, BeiDou by China, QZSS by Japan, and IRNSS & Navigation with Indian Constellation (NAVIC) by India. Additionally, conventional cellular connectivity is expected to make the segment the largest in the automotive smart antenna market. Companies like TE Connectivity, Hirschmann, Telex, and Stratocell offer very high-frequency antennae for premium vehicles. Compared to higher frequencies, these bands offer better penetration through buildings, foliage, and other obstacles, crucial for reliable connectivity in urban and rural environments. The increasing integration of advanced features in SUVs and premium vehicles, such as infotainment systems, telematics, navigation systems, and connectivity services, contributes to the need for more sophisticated antennas. Hence, the 800 MHz to 2000 MHz frequency range is crucial for various applications in automotive smart antennas, offering a balance between range, data capacity, and established technology, holding the largest market share in the frequency segment. ECU is the fastest-growing component for the automotive smart antenna market The ECU is an alliance of electronic components with internal pre-programmed and programmable chipsets used to control one or more units in a vehicle. With the advent of intelligent cars, the automotive sector is moving toward a connected future. The ECU of a smart antenna includes hardware and software components that perform diverse functions for communication. As connected cars and autonomous driving technologies evolve, ECUs will become even more critical. They will handle advanced data processing, decision-making, and communication protocols, making them the driving force behind smart antenna performance and capabilities. Smart antennas often require dedicated ECUs for managing antenna functions like signal processing, data routing, and communication with other systems. These ECUs integrate seamlessly into the overall E/E architecture, facilitating efficient data flow and optimal antenna performance. The Smart antennas rely on communication with other ECUs and the overall E/E architecture to access vehicle data like GPS location, V2X communication, Advanced Driver-Assistance Systems (ADAS), and dynamically adjust to optimize antenna performance in challenging environments. Key players actively invest in R&D to manufacture ADAS and autonomous driving features, which require powerful vehicle ECUs. These advancements rely on powerful ECUs within smart antennas for data processing and communication. Asia Pacific to be the fastest-growing automotive smart antenna market. The Asia Pacific region stands out as the fastest-growing market for automotive smart antennas, propelled by several key factors. The region has witnessed a surge in automotive production and sales, with a growing demand for connected and technologically advanced vehicles. Countries like China, Japan, and India are the fastest-growing markets in the APAC region, with high sales of SUVs and premium vehicles. According to MarketsandMarkets analysis, the Asia Pacific region had a sales growth from 39.1 million vehicles in 2021 to 44.7 million in 2023 for the key countries. Also, consumers are highly seeking enhanced connectivity features, and the automotive OEMs in the Asia Pacific are actively incorporating smart antenna systems to meet these demands. Automakers like MG India with their vehicle Hector 2023 model have offered rear seat entertainment unit, online navigation, in-car infotainment system, ADAS, TPMS, 360-degree camera, cellular connectivity, remote vehicle control, over-the-air (OTA) updates, etc. Moreover, the rapid urbanization and adoption of smart city initiatives in countries like China, Japan, and South Korea have accelerated the integration of smart technologies in automobiles, contributing to the robust growth of automotive smart antennas in the region. For instance, in China, companies like Huawei and ZTE have invested in 5G infrastructure to support V2X communication, aiming to enhance connectivity for various applications, including smart transportation and autonomous vehicles. Also, companies like Reliance Jio, Bharti Airtel, and others in India are expanding and upgrading telecommunication infrastructure, including deploying 5G networks to support V2X communication for vehicles. Also, the leading automotive manufacturers in the region, such as Toyota, Honda, and Hyundai, TATA, Mahindra, have made substantial R&D investments to deploy cutting-edge smart antenna technologies in their vehicles, which offer in-vehicle infotainment systems, ADAS systems with Level 1, 2 in some mid variants and high variants in passenger cars for safety purpose. For instance, Audi (Germany) launched its new Q8 with level 2 automation in 2023, and Honda (Japan), in March 2021, unveiled a limited batch of its flagship Legend sedan, becoming the world's first carmaker to sell a vehicle equipped with certified level 3 self-driving technology. Hence, these factors have made Asia the fastest-growing region, with remarkable growth in automotive smart antennas. This can be attributed to the increasing demand for connected vehicles, rapid technological adoption, and strategic investments by key industry players. Get Sample Pages: What are the main drivers of growth in the Automotive Smart Antenna Market? Rising Integration of Connected and Autonomous Vehicle Technologies Increasing adoption of V2X (vehicle-to-everything), cellular connectivity, and ADAS/autonomous driving systems necessitates advanced smart antenna solutions for robust and reliable communication. Growing Demand for Infotainment and In-Vehicle Connectivity Consumer preference for seamless infotainment, navigation, Wi-Fi hotspots, and streaming services in vehicles is driving automakers to integrate multifunctional smart antenna systems. Stringent Safety and Regulatory Requirements for Vehicle Communications Regulatory norms mandating eCall, emergency response, and advanced telematics in many regions are leading OEMs to adopt more sophisticated antenna architectures. Expanding Electric and Hybrid Vehicle Adoption EVs and hybrids, often equipped with the latest digital platforms, require smart antennas for over-the-air updates, battery monitoring, and connectivity features crucial for modern fleet management. Growth of Over-the-Air (OTA) Upgrades and Remote Diagnostics Automakers increasingly leverage smart antennas to enable OTA software updates, telematics, and predictive maintenance, enhancing both consumer experience and operational efficiency. Increasing Use of Multiple Frequency Bands (4G/5G, GNSS, Bluetooth, Wi-Fi) The proliferation of communication bands and requirements for simultaneous data streams promote the adoption of integrated, multi-band automotive smart antennas. OEM and Tier-1 Collaboration with Technology Providers Partnerships between car manufacturers, Tier-1 suppliers, and telecom/tech firms are accelerating the development of next-generation smart antenna modules with integrated electronics and software platforms. Consumer Demand for Luxury, Premium, and Next-Gen Vehicle Features High-end vehicles lead the uptake of smart antenna technology, creating downstream demand in the mass-market segment as features become standard. Which regions and countries are leading in Automotive Smart Antenna Market adoption? North America United States: Leadership in connected vehicles, a strong base of ADAS/autonomous vehicle development, and regulatory telematics requirements propel adoption. Canada: Growing investments in next-gen vehicle platforms and smart mobility projects support the aftermarket. Europe Germany, France, UK, Sweden: High concentration of premium and technologically advanced automakers who are early adopters of smart antenna systems. Northern Europe/Scandinavia: Accelerated implementation of C-V2X and 5G infrastructure with supportive government policies. Asia-Pacific China: Rapid expansion of smart/connected vehicles, a massive domestic automotive industry, and strategic 5G rollouts drive demand. Japan & South Korea: Innovation leaders in infotainment, telematics, and in-car connectivity; early adopters via homegrown OEMs and export-focused suppliers. India: Emerging opportunities due to connected car programs and government-connected transport initiatives. Middle East & Africa UAE, Saudi Arabia: Early investments in smart city and connected infrastructure projects are driving adoption of advanced automotive antennas, particularly in luxury and fleet vehicles. Latin America Brazil, Mexico: Gradual growth steered by vehicle modernization, cellular network expansion, and increased imports of vehicles equipped with integrated smart antenna systems. Who are the top players in the Automotive Smart Antenna Market? Continental AG (Germany) Denso Corporation (Japan) TE Connectivity (Switzerland) Forvia (France) Ficosa Internacional SA (Spain) Key Findings of the Study: The passenger car segment is estimated to be the largest market during the forecasted period. Ultra-high frequency is the fastest-growing frequency segment for the automotive smart antenna market. Asia Pacific Region Holds the Largest Share of the Automotive Smart Antenna Market. Inquiry Before Buying: Related Reports: Automotive Cybersecurity Market Connected Car Market Automotive Wiring Harness Market CONTACT: About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan Salgarkar MarketsandMarkets™ INC. 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445, USA: +1-888-600-6441 Email: sales@ Visit Our Website: in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-06-2025
- Automotive
- Yahoo
Focus on Development Trends Such as Consumer Demand for Advanced Features, Harmonization of Regulations, Environmental and Sustainability Goals
Explore global regulations in the connected vehicle sector across Europe, North America, and China. Key trends include 5G, V2X, and AI adoption boosting connected car technologies. Addressing cybersecurity and data privacy is crucial as connected features grow. Discover how regulatory frameworks evolve to keep pace with technological advancements. Dublin, June 25, 2025 (GLOBE NEWSWIRE) -- The "Strategic Analysis of the Connected Car Regulations, Global, 2025" report has been added to study analyzes the regulatory framework of the connected vehicle sector's various segments in Europe, North America, and China. The increase in embedded navigation systems and 5G technology will drive several new CV features through an app or service. The deployment of over-the-air (OTA) software updates and personal information sharing for a personalized experience will grow. This technological shift will require regulations to prevent security risks, such as unauthorized access to personal data, fraudulent transactions, and identity research discusses regulations/standards on the following technologies: eCall, next-generation (NG) eCall, vehicle-to-everything (V2X), cellular-V2X, cybersecurity, 5G connectivity, personal data security, intelligent speed assistance (ISA), web services, and internet of vehicles (IoVs).The Impact of the Top 3 Strategic Imperatives on the Global Connected Car Regulations Transformative Megatrends Why: The integration of advanced technologies, automation, data collection, and the evolution of transportation systems is a primary driver in the automotive industry. The widespread adoption of connected, autonomous, and electric vehicles (EVs) is a key trend that directly influences regulatory rise of AI, 5G networks, autonomous driving, IoT integration, and smart cities is transforming how vehicles function and interact with their surroundings, creating the need for new regulations in the connected car Perspective: As connected and autonomous vehicles advance, regulations must address cybersecurity, safety standards, and traffic management. Key frameworks are expected by 2025 to 2027, coinciding with the L4 autonomy privacy laws and global standards are necessary for 5G and V2X technologies as they generate massive personal and geolocation data. Many interoperability policies will likely be announced in the next 2 to 3 years as 5G and V2X spread Challenges Why: As the market for connected, autonomous, and EVs grows, automakers, technology companies, and other stakeholders compete to lead in innovation, technology, and market share, creating challenges in shaping the regulatory of harmonization in regulations across different regions creates significant challenges for compliance. Each country or region develops its own regulatory framework, resulting in inconsistent standards Perspective: Over the next 2 to 3 years, facilitating data sharing and transparency among stakeholders will help regulators make informed decisions and enable industries to achieve emerging standards more the development of universal standards for connected, autonomous, and electric vehicles would help align methodologies such as the United Nations Economic Commission for Europe (UNECE) and other global collaborations across borders in the next 5 Intensity Why: Companies strive for competitiveness through innovation in connected car technologies, such as autonomous driving, AI, and IoT, which push the boundaries for other stakeholders to adapt quickly to the changing the connected car market evolves, consumer demand for advanced features, including personalized experiences and seamless device integration, will increase. Competitive pressures may lead companies to compromise on regulations to accelerate their product Perspective: By 2030, innovation in the automotive industry will focus on safeguarding consumer data and engaging with regulators to form standards that balance technological progress with risk 2030, automakers and stakeholders will prioritize customer experience, sustainability, and safety while aligning with global long-term goals such as carbon emission reduction. This will allow them to contribute significantly to environmental and economic progress. Growth Restraints Global Standardized GapsCountries adopt different approaches to connected car regulations, creating inconsistencies in standards for autonomous vehicles, cybersecurity, and data protection. This makes compliance challenging for automakers and suppliers operating in diverse DevelopmentAdoption of connected vehicles depends on 5G, V2X communications, and smart city infrastructure, which many regions lack, creating a barrier to adoption and regulations. Without proper infrastructure, regulatory bodies face challenges defining and enforcing rules for vehicle communication, autonomous operations, and smart city and Data PrivacyRising cybersecurity threats and data privacy concerns are major challenges for connected cars, as vulnerabilities to vast amounts of user data generated raise risks to vehicle safety and privacy. Ensuring cybersecurity, addressing data privacy regulations around cross-border data sharing, and gaining consumer consent could slow FactorsGeopolitical factors, including the ongoing tariff wars and rising fuel and energy prices, have detrimental impacts on sales and revenue growth for global OEMs, slowing innovation and the rollout of new technologies in line with regulatory developments. Additionally, the after-effects of the pandemic continue to impact market growth in regions such as Drivers Consumer Demand for Advanced FeaturesConsumer demand for personalized in-car experiences, seamless mobile integration, and real-time traffic updates will promote the integration of more connected car features inside vehicles. This growth will be accompanied by evolving regulations to ensure data security and AdvancementsThe 5G rollout and the rise of autonomous vehicles, AI-driven systems, and EVs drive significant automotive advancements. This requires evolving regulations to address safety, liability, data privacy, and grid interoperability, ensuring secure and efficient connected car of RegulationsAs connected car technologies expand globally, the need for regulatory alignment increases. For instance, standardizing cybersecurity, data privacy, and communication protocols across regions will ensure that connected vehicles can operate safely and seamlessly in different and Sustainability GoalsThe push for green transportation and emission reductions is prompting regulatory changes to integrate connected cars into sustainable systems, with stricter emission standards, EV adoption incentives, and carbon reduction targets driving new regulations. Key Topics Covered: Evolution of Connected Car Regulations in the Automotive IndustryWhy Is It Increasingly Difficult to Grow? The Strategic Imperative The Impact of the Top 3 Strategic Imperatives on the Global Connected Car Regulations Ecosystem Scope of Analysis Key Findings Connected Vehicle Ecosystem In-vehicle Data Notable Global Automotive Cyberattacks Global Regulatory Overview: Global Regulations, Standards, and Policies by Region Upcoming* Regulations, Standards, and Policies by Region Growth Environment: Impact of Connected Car Regulations in the Automotive Industry Growth Drivers Growth Restraints Connected Vehicle Regulations: Europe Highlights of Key Regulations and Standards in Europe Personal Data Privacy and Security: Europe General Data Protection Regulation GDPR GDPR: Legal Terms GDPR: Data Protection Principles GDPR: Automotive Ecosystem GDPR in Focus: Current Landscape and Impacts Data Governance Act DGA Emerging Regulations on Data Protection Summary of Data Privacy Laws Update eCall Mandate: Europe eCall Mandate eCall Mandate: Privacy And Data Protection Rules eCall Mandate: GDPR Implementation Next Generation eCall NG-eCall Intelligent Speed Assistant ISA Regulations: Europe ISA Regulations Cybersecurity: Europe UNECE WP.29: Cybersecurity in Connected Vehicles WP.29 Regulation: Principles WP.29 Key Requirements and Mandates R155: Cybersecurity Management System CSMS by UNECE R155: UNECE Cybersecurity Regulation R156: Software Updates and Software Update Management System SUMS by UNECE R156: Software Updates and Software Update Management Systems SUMS R155 and R156: A Comparative Overview 5G Connectivity: Europe Case Study: 5G Cross-border Control 5GCroCo Trial and Tests in Europe 5G: Policies and Standards in Europe Cellular Vehicle-to-Everything C-V2X Deployment: Europe C-V2X at 5.9 Gigahertz GHz C-V2X and DSRC: A Comparative Overview C-V2X: Key Allocation Band Configuration Deployment Impact on Automakers in Europe Connected Vehicle Regulations: North America Highlights of Key Regulations and Standards: North America Connected Car Standards Overview: North America Personal Data Privacy and Security: North America Implementation of the National Data Privacy Law Distribution of Privacy Laws by US State California Consumer Privacy Act CCPA: Automotive CCPA 2.0 or California Privacy Rights Act CPRA CCPA and CPRA: A Comparative Overview Virginia Consumer Data Protection Act VCDPA Colorado Privacy Act CPA PIPEDA* Personal Data Act: Canada PIPEDA Updates: Canada Summary of Data Privacy Laws: Canada LFPDPPP* Personal Data Act: Mexico Personal Data Act Updates: Mexico Web Services: North America ISO 20078: Web Services Cybersecurity: North America NHTSA in Action: Cybersecurity NHTSA Security and Privacy in Your Car SPY Act of 2017 Summary of Cybersecurity Measures and Impacts V2X: North America V2X Communications V2X Communications Standards V2X and C-V2X Updates NHTSA in Action: V2X Communications Digital Key and Ultra-wideband UWB: North America The Car Connectivity Consortium CCC's Digital Key Release 3.0 Digital Key Release 3.0 Highlights and FCC UWB Standards Impact on Automakers in North America Connected Vehicle Regulations: China Highlights of Key Regulations and Standards in China Personal Data Privacy and Security: China Personal Information Protection Law PIPL in China Internet of Vehicle IoV Standards: China National IoV Industry Standard System Internet of Vehicles IoV Updates Automotive Data Security and Vehicle Security: China Management of Automotive Data Security Regulation: China Automotive Data Security Regulation: China Security Guidelines for Processing Vehicle Data: TC260-001 Cybersecurity: China Cybersecurity Regulations: China Vehicle-to-Everything V2X/C-V2X: China C-V2X Industry and Standards C-V2X Group Standards C-V2X Policies and Updates 5G Connectivity: China 5G Connectivity Timeline Regional Regulations: China Regional Plans for Proposals/Policies: China Impact on Automakers in China Growth Opportunity Universe Growth Opportunity 1: Expanding Vehicle Connectivity Growth Opportunity 2: Harmonization of Regulatory Standards Growth Opportunity 3: Rising Focus on Data Privacy and Cybersecurity For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
13-05-2025
- Automotive
- Yahoo
Asia-Pacific Connected Car Market Analysis and Forecast, 2025-2034 - Connected Car Demand in APAC Accelerates Amid Urbanization, Safety Mandates, and Smart City Projects
Uneven 5G Coverage and Cost Concerns Pose Hurdles to Mass Adoption in APAC Dublin, May 13, 2025 (GLOBE NEWSWIRE) -- The "Asia-Pacific Connected Car Market: Focus on Application, Vehicle Type, Network Type, Sales Channel, Form, Transponder, Hardware, and Country-Level Analysis - Analysis and Forecast, 2024-2034" report has been added to Asia-Pacific connected car market is projected to reach $233.41 billion by 2034 from $39.27 billion in 2024, growing at a CAGR of 19.51% during the forecast period 2024-2034. Growing customer demand for cutting-edge safety, infotainment, and telematics solutions is driving the Asia-Pacific region's rapid adoption of C-V2X communication, AI-driven mobility services, and growing 5G networks. In response to government safety regulations, growing urbanisation, and ambitious goals for electrification and autonomous driving, OEMs and fleet operators throughout Asia-Pacific are speeding up adoption. Prominent corporations including Toyota, Hyundai, Honda, Denso, and up-and-coming digital startups are making significant investments in smart telematics, linked mobility platforms, and over-the-air software updates. With the help of strategic public-private collaborations, national smart city initiatives, and the construction of 5G infrastructure, Asia-Pacific is establishing itself as a global centre for advancements in mobility-as-a-service (MAAS) and next-generation vehicle connection. APAC Connected Car Market Trends, Drivers and Challenges TrendsThe APAC connected car market is fast expanding with the incorporation of 5G connectivity, C-V2X communication, AI-driven telematics, and cloud-based infotainment systems. Large-scale rollouts of smart transportation solutions and significant investments in autonomous vehicle development are being spearheaded by nations like China, Japan, South Korea, and India. Because they enable predictive maintenance, over-the-air (OTA) updates, and personalised in-car services, software-defined vehicle architectures are gaining popularity. Demand for integrated digital ecosystems that improve user experience and operational efficiency is being further bolstered by the growth of electric vehicles (EVs).DriversKey factors in the area include the region's rapid urbanisation, rising need for improved road safety, and government-led smart city projects. Technology adoption is being accelerated by strict regulations requiring advanced driver-assistance systems (ADAS), emergency call capabilities, and pollution monitoring. OEMs are being pressured to give digital features top priority due to factors like growing smartphone adoption, developing 5G infrastructure, and growing consumer expectations for connected lifestyles. Large-scale implementation of intelligent transport systems and vehicle-to-infrastructure (V2I) projects throughout Asia Pacific is also being encouraged by public-private obstacles include disparate legislative regimes, expensive linked devices, and uneven 5G network coverage across nations. The absence of standardised communication methods, cybersecurity risks, and data privacy issues impede smooth connectivity. Furthermore, in developing APAC nations, pricing continues to be a deterrent to wider adoption among price-conscious can this report add value?This report adds value to an organization by providing in-depth insights into the APAC connected car market, enabling informed decision-making and strategic planning. It highlights emerging technologies, market trends, and competitive dynamics, helping organizations identify growth opportunities and align their offerings with industry demands. The report's detailed segmentation and regional analysis support targeted market entry strategies, while its coverage of regulatory frameworks and cybersecurity measures ensures compliance with evolving industry standards. By leveraging this report, organizations can drive innovation, enhance operational efficiency, and gain a competitive edge in the rapidly evolving connected mobility ecosystem, ensuring sustainable growth and technological Attributes Report Attribute Details No. of Pages 74 Forecast Period 2024-2034 Estimated Market Value (USD) in 2024 $39.27 Billion Forecasted Market Value (USD) by 2034 $233.41 Billion Compound Annual Growth Rate 19.5% Regions Covered Asia Pacific Key Topics Covered1 Markets1.1 Trends: Current and Future Impact Assessment1.1.1 Increasing Consumer Focus on Enhanced Anti-Theft Solutions1.1.2 Growing Popularity of Usage-Based Insurance (UBI)1.2 Supply Chain Overview1.2.1 Value Chain Analysis1.2.2 Pricing Forecast1.3 Research and Development Review1.3.1 Patent Filing Trend (by Country and Company)1.4 Regulatory Landscape1.5 Stakeholder Analysis1.5.1 End User and Buying Criteria1.6 Impact Analysis for Key Events1.6.1 COVID-191.6.2 Russia/Ukraine War1.7 Market Dynamics: Overview1.7.1 Market Drivers1.7.1.1 Integration of Advanced Mobility Solutions1.7.1.2 Growing Demand for Premium Vehicles Owing to Inclination of Consumers toward Comfort and Luxury1.7.2 Market Restraints1.7.2.1 Lack of Connectivity Infrastructure to Restrain Growth1.7.2.2 Challenges in Ensuring Data Privacy and Security1.7.3 Market Opportunities1.7.3.1 Integration with Home Automation Systems1.7.3.2 Leveraging Data for Monetization Opportunities2 Region2.1 Regional Summary2.2 Asia-Pacific2.2.1 Regional Overview2.2.2 Driving Factors for Market Growth2.2.3 Factors Challenging the Market2.2.4 Application2.2.5 Product2.2.6 Asia-Pacific (by Country)2.2.6.1 China2.2.6.1.1 Application2.2.6.1.2 Product2.2.6.2 Japan2.2.6.2.1 Application2.2.6.2.2 Product2.2.6.3 India2.2.6.3.1 Application2.2.6.3.2 Product2.2.6.4 South Korea2.2.6.4.1 Application2.2.6.4.2 Product2.2.6.5 Rest-of-Asia-Pacific2.2.6.5.1 Application2.2.6.5.2 Product3 Markets - Competitive Benchmarking & Company Profiles3.1 Next Frontiers3.2 Geographic Assessment4 Research Methodology4.1 Data Sources4.1.1 Primary Data Sources4.1.2 Secondary Data Sources4.1.3 Data Triangulation4.2 Market Estimation and ForecastFor more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Automotive
- Yahoo
Cerence Inc (CRNC) Q2 2025 Earnings Call Highlights: Surpassing Expectations and Expanding Horizons
Release Date: May 07, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Cerence Inc (NASDAQ:CRNC) exceeded the high end of their guidance with Q2 revenue of $78 million and adjusted EBITDA of $29.5 million. The company generated a strong free cash flow of $13.1 million, marking the fourth consecutive quarter of positive free cash flow. Cerence Inc (NASDAQ:CRNC) raised their full-year guidance for adjusted EBITDA and free cash flow. The company continues to differentiate itself with a unique combination of technology, innovation, and a diverse customer base. Cerence Inc (NASDAQ:CRNC) is expanding into new verticals with solutions like VoiceTopic, enhancing their market presence beyond automotive. Cerence Inc (NASDAQ:CRNC) is experiencing pressure from customers on pricing and changes in program timelines due to tariffs. Professional services revenue decreased year over year, reflecting a shift towards more standardized solutions. The company anticipates no material fixed license revenue for the remainder of the fiscal year. There is ongoing litigation against major companies like Samsung, Microsoft, and Nuance, which could be lengthy and risky. The macroeconomic environment remains uncertain, with potential impacts on pricing and volume from OEMs. Warning! GuruFocus has detected 7 Warning Signs with CRNC. Q: Can you explain the factors driving the increase in connected car revenue and whether this trend will continue into the next quarters? A: Unidentified_3 (CFO): The increase in connected car revenue is due to more cars being connected, which aligns with our expectations. Although revenue from connected cars is recognized over time, the uptick in connected rates is promising. We expect this trend to continue as past billings convert into revenue. Q: How is AI impacting your connected services and overall business, and what are the key drivers behind this growth? A: Unidentified_2 (CEO): AI, particularly large language models, is integral to both connected and non-connected vehicles. It enhances vehicle functions without needing specific commands, driving consumer demand and increasing price per unit (PPU). AI's role in connected services, like providing real-time information, is a significant growth driver. Q: With the unchanged fiscal '25 guidance, what is driving the higher tech revenue, especially given the lag in connected services? A: Unidentified_3 (CFO): The higher tech revenue is primarily from increased license volumes, slightly exceeding expectations. This is partly due to production levels adjusting for tariffs. Additionally, we're limiting pre-paid contracts, reducing discounts, and improving effective pricing. Q: What is the strategic importance of the partnership with MediaTech for your edge solutions? A: Unidentified_2 (CEO): The partnership with MediaTech and Nvidia focuses on optimizing automotive-specific SOCs for performance, latency, and cost. This collaboration reduces the need for professional services and lowers costs for OEMs, enhancing our competitive edge. Q: What are the objectives behind the lawsuit against Microsoft, considering they are also a partner? A: Unidentified_2 (CEO): The lawsuit aims to protect our intellectual property, which is crucial for our shareholders' investments. We focus on defending our foundational technologies like text-to-speech and wake-up word, ensuring our innovations are safeguarded. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
