From GlobeNewswire: 2025-05-12 09:15:00

The In-Vehicle Networking Market was valued at $33.95 billion in 2023 and is projected to reach $64.43 billion by 2032, growing at a CAGR of 7.38%. The market is driven by demand for connected and autonomous vehicles, with the U.S. market expected to grow to $11.31 billion by 2032.

Leading market players include General Motors, Volkswagen, Cisco Systems, Toyota, Qualcomm, and more. New technologies like automotive Ethernet are increasing data transmission capabilities while reducing latency. Efforts for data privacy and cybersecurity are driving the need for secure networking solutions in vehicles.

In 2023, Vehicle-to-Vehicle (V2V) networking dominated the market, with Vehicle-to-Cloud (V2C) networking projected for rapid growth from 2024 to 2032. Passenger cars led the market in 2023, with electric vehicles expected to see rapid growth. Wireless networks are anticipated to represent 25% of the market by 2023.

Telematics is projected to dominate the market in 2023, while Driver Assistance Systems (ADAS) are forecasted to be the fastest growing segment. North America leads the market, with Asia-Pacific set for rapid growth due to urbanization and innovation. Recent developments include Toyota’s collaboration with NTT DATA and Qualcomm’s partnerships for automotive tech.

The In-Vehicle Networking Market Report includes insights on market dynamics, segmentation by technology, vehicle type, network type, and application, regional analysis, company profiles, and more. SNS Insider is a leading market research agency providing clients with current and accurate market data to make confident decisions in a changing environment.



Read more at GlobeNewswire: In-Vehicle Networking Market to reach USD 64.43 billion by