Connected cars: Market worth 1.8 billion euros in 2020, ADAS accounts for a third
ADAS – technology that needs calibration throughout its service life – is the largest part of the connected and intelligent car solutions market, the Connected Car & Mobility Observatory of the School of Management of the Politecnico di Milano (Photo: CarGlass)
During the pandemic year 2020, connected and intelligent car solutions reached a value of 1.8 billion euros. A third of the market is represented by ADAS systems (Advanced Driver Assistance Systems, equating to 600 million euros). The largest segment is constituted by so-called solutions for the connected car, which in 2020 slowed down to 1.18 billion euros (-2%), after having grown in double figures during both 2018 (+ 31%) and in 2019 (+ 14%). Similar trends can be seen across Western countries, which oscillate between -5 per cent and + 5 per cent.
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