On April 26th, according to the latest report released by market research firm Counterpoint Research, sales of connected cars (vehicles that can connect to the internet) are expected to grow by 12% year-on-year in 2022, accounting for over 50% of total car sales.
The United States remains the strongest market for connected cars, followed by China and Europe. These three markets will account for nearly 80% of the global sales of connected cars in 2022. Although the percentage of connected cars in Japan is relatively small, the rate of popularity growth is the fastest.
As indicated in the report, currently, car manufacturers mainly equip vehicles with 4G connectivity service, accounting for 95% of the market share. 5G is still a niche market, only applicable to models such as the Ford F-150 Lightning, Cadillac LYRIQ, Mercedes-Benz EQS, Audi e-tron GT, BMW iX, and Great Wall Motors’ Haval HG.
In terms of brands, Volkswagen ranks first with a market share of 11.7%, followed by Toyota and General Motors. The top five car groups account for nearly half of the connected vehicles sold in 2022. Tesla made its first appearance in the top ten list.
