Key Highlights
- By 2027, over 70% of new vehicles sold worldwide will have some form of advanced digital connectivity
- 65% of consumers favor vehicles with integrated digital experiences
- The global connected car market is projected to reach $225 billion by 2025
- 80% of automakers invest heavily in digital innovation
- Over 30% of car sales are influenced by digital channels
- 60% of car buyers use online tools during their purchasing process
- 74% of customers are more likely to buy from brands offering personalized digital experiences
- 90% of new vehicle buyers research online before purchasing
- Nearly 50% of all vehicle repairs are now diagnosed through digital tools
- By 2024, approximately 40% of vehicle maintenance services will be automated via digital platforms
- Electric vehicles with digital interfaces are 35% more likely to be purchased than those without
- 67% of automotive CEOs cite digital transformation as their top strategic priority
- The use of augmented reality for vehicle visualization increased by 150% in the last two years
As the automotive industry accelerates into a digital future, staggering statistics reveal that by 2027, over 70% of new vehicles worldwide will feature advanced connectivity, transforming how consumers buy, service, and interact with their cars.
Automotive Security and Data Privacy
- The global market for automotive cyber security is expected to reach $1.7 billion by 2028
- 65% of consumers are concerned about data privacy in connected cars
- 60% of automotive cybersecurity incidents are caused by outdated systems
Automotive Security and Data Privacy Interpretation
Connected and Autonomous Vehicles
- By 2027, over 70% of new vehicles sold worldwide will have some form of advanced digital connectivity
- The global connected car market is projected to reach $225 billion by 2025
- Over 55% of automotive companies are actively deploying or planning to deploy AI-based voice assistants in their vehicles
- 45% of vehicles manufactured by 2025 will incorporate some form of autonomous driving technology
- The adoption of over-the-air (OTA) update technology in vehicles increased by 200% in the last three years
- 50% of vehicle infotainment systems now integrate smartphones via Apple CarPlay and Android Auto
- 78% of car manufacturers develop connected car platforms
- 70% of cars sold in North America are now connected vehicles
- The number of global IoT connected vehicles is expected to surpass 300 million by 2025
- 60% of automakers have integrated or plan to integrate machine learning for predictive maintenance
- 40% of new vehicles are now integrated with smart home connectivity features
- The global telematics market is set to grow at a CAGR of 20% till 2028
- 65% of car manufacturers plan to adopt 5G technology to enhance vehicle connectivity by 2025
- 30% of new cars sold globally will have integrated autonomous driving features by 2030
Connected and Autonomous Vehicles Interpretation
Consumer Behavior and Preferences
- 65% of consumers favor vehicles with integrated digital experiences
- Over 30% of car sales are influenced by digital channels
- 60% of car buyers use online tools during their purchasing process
- 74% of customers are more likely to buy from brands offering personalized digital experiences
- 90% of new vehicle buyers research online before purchasing
- Electric vehicles with digital interfaces are 35% more likely to be purchased than those without
- 80% of consumers want more digital and contactless buying experiences in the auto industry
- 60% of new cars sold in Europe are equipped with digital dashboards
- The average time spent in the car using digital features like streaming or gaming increased by 20% during 2022
- 85% of vehicle buyers prefer to schedule test drives digitally
- 72% of consumers have increased their use of digital tools for vehicle service scheduling during the past year
- 55% of automotive customers desire digital onboarding processes for new vehicle services
- 88% of consumers want personalized digital offers and experiences from automotive brands
- 50% of car dealerships now offer digital financing options
- 75% of consumers are willing to share their data if it ensures more personalized automotive services
Consumer Behavior and Preferences Interpretation
Digital Transformation and Innovation
- 80% of automakers invest heavily in digital innovation
- Nearly 50% of all vehicle repairs are now diagnosed through digital tools
- By 2024, approximately 40% of vehicle maintenance services will be automated via digital platforms
- 67% of automotive CEOs cite digital transformation as their top strategic priority
- The use of augmented reality for vehicle visualization increased by 150% in the last two years
- 70% of car manufacturers plan to partner with tech firms for digital innovation by 2025
- 85% of new vehicle models are expected to feature digital twin technology by 2030
- 55% of automotive OEMs believe digital transformation will significantly reduce manufacturing costs
- 40% of automotive aftermarket services are now delivered via digital platforms
- Over 80% of automotive brands plan to enhance their digital customer service channels by 2026
- 65% of automotive companies have implemented or are planning to implement blockchain technology for supply chain transparency
- 50% of vehicle manufacturing processes are now digitized, leading to a 15-20% increase in efficiency
- 78% of automotive firms utilize augmented reality for sales and marketing
- 80% of automotive OEMs believe digital transformation is crucial for future competitive advantage
- 70% of automotive supply chains have implemented digital tracking and visibility solutions
- 90% of vehicle data is stored and analyzed using cloud computing platforms
- 45% of automotive OEMs actively develop or deploy digital twins for manufacturing optimization
- 55% of automotive companies believe digital transformation will improve their supply chain resilience
Digital Transformation and Innovation Interpretation
Sources & References
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