According to the latest research from analyst firm Counterpoint, the connected car market in the United States has weathered the tough moment of the pandemic satisfactorily. In 2020, it decreased by only 6.8%. He is already recovering. Cumulative US connected car shipments are expected to exceed 80 million units between 2020 and 2025, with a CAGR of 10%. Analysts clarify that their forecast applies only to passenger cars with built-in connectivity.
The market leader is GM. The brands owned by this manufacturer accounted for 23.0% of shipments in the second half of 2020. In second place is Toyota with 16.6%. The distribution of the market is clearly shown in the diagram:
Experts predict the growing adoption of 5G support and the withdrawal of 3G-only models from the market. 3G models accounted for 8% of total connected machines shipped in 2020, while 4G models accounted for 92%. By 2025, the share of 4G models is expected to drop to 73%, with the remaining 27% going to 5G models.
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