Automotive Digital Key Market 2028 By Connectivity, Device Type, Application, Platform and Geography | The Insight Partners

    Automotive Digital Key Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Connectivity (Remote Cloud Key Access, Near Field Communication, Bluetooth, Wi-Fi); Device Type (Smartphone, Wearables); Application (Single Function, Multi-Function); Platform (IOS, Android) and Geography

    Report Code: TIPRE00026047 | No. of Pages: 150 | Category: Automotive and Transportation | Status: Upcoming

    MARKET OVERVIEW

    The rise of advanced technologies, which use radio frequency (RF) signals and convert them to digital information, has increased the prevalence of digital keys in the automotive sector. Further, passive digital keys enable users to connect their smartphones to vehicles without the user ever having to use an app. A passive digital key authorizes an approved user and pinpoints their location in and around the car. Market players are focusing on providing low-cost, passive access and digital keys by using standard Bluetooth chipsets. Prominent car brands are gaining awareness about NFC and the UWB technology to introduce innovations in digital car keys. With rapid technological advancements, the global automotive digital key market is estimated to propel at a significant CAGR during the forecast period. The increasing awareness about vehicle safety and security among customers is boosting the need for automotive digital keys substantially.

    MARKET SCOPE

    The "Global Automotive Digital Key Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of Automotive Digital Key market with detailed market segmentation by device type, connectivity, platform, application, and geography. The global Automotive Digital Key market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Automotive Digital Key market players and offers key trends and opportunities in the market.

    MARKET SEGMENTATION

    •   Based on connectivity, the global automotive digital key market is segmented into Remote Cloud Key Access, Near Field Communication, Bluetooth, and Wi-Fi.
    •   On the basis of device type, the market is segmented into smartphone and wearables.
    •   On the basis of platform, the market is segmented into iOS and Android.
    •   On the basis of application, the market is segmented into single function and multi-function.


    MARKET DYNAMICS
    Drivers:

    •   Increased Global Production of Luxury Cars
    •   Advancements in Automotive Telematics and Advanced Driving Assistance Systems (ADAS)

    Restraints:

    •   Concerns Regarding Data Security and Cyberhackers.

    REGIONAL FRAMEWORK

    The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Automotive Digital Key market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

    The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Automotive Digital Key market in these regions.

    IMPACT OF COVID-19 ON AUTOMOTIVE DIGITAL KEY MARKET

    After witnessing a significant drop in 2020 due to the COVID-19 pandemic, the automotive market has been experiencing a gradual recovery in consumer demand for trucks and cars since the last quarter of 2020. According to several automotive industry associations and organizations, the automotive sector recorded ~20â"25% loss in production and more than 30% loss in sales in 2020. The digital key manufacturers observed significant tremors in 2020 owing to the decline in automotive manufacturing. Automotive sales in Europe and the US are anticipated to rebound to pre-COVID-19 pandemic levels by 2023, while China's rebound continues to accelerate, with the potential to approach 30 million new vehicles by 2025. Rapid recovery in the global automotive sector is anticipated to boost the demand for digital vehicle security solutions, such as digital keys, during the forecast period.



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    MARKET PLAYERS


    The report covers key developments in the Automotive Digital Key market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership and collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Automotive Digital Key market are anticipated to lucrative growth opportunities in the future with the rising demand for Automotive Digital Key in the global market.

    The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Automotive Digital Key market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

    •   BMW AG
    •   Continental AG
    •   Daimler AG
    •   Giesecke+Devrient GmbH
    •   Huf Hülsbeck and Fürst GmbH and Co. KG
    •   Hyundai Motor Company
    •   Robert Bosch GmbH
    •   VALEO
    •   Volkswagen AG
    •   Vouch
    The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.


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    TABLE OF CONTENTS

    1.INTRODUCTION
    1.1.SCOPE OF THE STUDY
    1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
    1.3.MARKET SEGMENTATION
    1.3.1Automotive Digital Key Market - By Connectivity
    1.3.2Automotive Digital Key Market - By Device Type
    1.3.3Automotive Digital Key Market - By Application
    1.3.4Automotive Digital Key Market - By Platform
    1.3.5Automotive Digital Key Market - By Region
    1.3.5.1By Country

    2.KEY TAKEAWAYS

    3.RESEARCH METHODOLOGY

    4.AUTOMOTIVE DIGITAL KEY MARKET LANDSCAPE
    4.1.OVERVIEW
    4.2.PORTERâ™S FIVE FORCES ANALYSIS
    4.2.1Bargaining Power of Buyers
    4.2.1Bargaining Power of Suppliers
    4.2.1Threat of Substitute
    4.2.1Threat of New Entrants
    4.2.1Competitive Rivalry
    4.3.ECOSYSTEM ANALYSIS
    4.4.EXPERT OPINIONS

    5.AUTOMOTIVE DIGITAL KEY MARKET - KEY MARKET DYNAMICS
    5.1.KEY MARKET DRIVERS
    5.2.KEY MARKET RESTRAINTS
    5.3.KEY MARKET OPPORTUNITIES
    5.4.FUTURE TRENDS
    5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

    6.AUTOMOTIVE DIGITAL KEY MARKET - GLOBAL MARKET ANALYSIS
    6.1.AUTOMOTIVE DIGITAL KEY - GLOBAL MARKET OVERVIEW
    6.2.AUTOMOTIVE DIGITAL KEY - GLOBAL MARKET AND FORECAST TO 2028
    6.3.MARKET POSITIONING/MARKET SHARE

    7.AUTOMOTIVE DIGITAL KEY MARKET - REVENUE AND FORECASTS TO 2028 â" CONNECTIVITY
    7.1.OVERVIEW
    7.2.CONNECTIVITY MARKET FORECASTS AND ANALYSIS
    7.3.REMOTE CLOUD KEY ACCESS
    7.3.1.Overview
    7.3.2.Remote Cloud Key Access Market Forecast and Analysis
    7.4.NEAR FIELD COMMUNICATION
    7.4.1.Overview
    7.4.2.Near Field Communication Market Forecast and Analysis
    7.5.BLUETOOTH
    7.5.1.Overview
    7.5.2.Bluetooth Market Forecast and Analysis
    7.6.WI-FI
    7.6.1.Overview
    7.6.2.Wi-Fi Market Forecast and Analysis
    8.AUTOMOTIVE DIGITAL KEY MARKET - REVENUE AND FORECASTS TO 2028 â" DEVICE TYPE
    8.1.OVERVIEW
    8.2.DEVICE TYPE MARKET FORECASTS AND ANALYSIS
    8.3.SMARTPHONE
    8.3.1.Overview
    8.3.2.Smartphone Market Forecast and Analysis
    8.4.WEARABLES
    8.4.1.Overview
    8.4.2.Wearables Market Forecast and Analysis
    9.AUTOMOTIVE DIGITAL KEY MARKET - REVENUE AND FORECASTS TO 2028 â" APPLICATION
    9.1.OVERVIEW
    9.2.APPLICATION MARKET FORECASTS AND ANALYSIS
    9.3.SINGLE FUNCTION
    9.3.1.Overview
    9.3.2.Single Function Market Forecast and Analysis
    9.4.MULTI-FUNCTION
    9.4.1.Overview
    9.4.2.Multi-Function Market Forecast and Analysis
    10.AUTOMOTIVE DIGITAL KEY MARKET - REVENUE AND FORECASTS TO 2028 â" PLATFORM
    10.1.OVERVIEW
    10.2.PLATFORM MARKET FORECASTS AND ANALYSIS
    10.3.IOS
    10.3.1.Overview
    10.3.2.iOS Market Forecast and Analysis
    10.4.ANDROID
    10.4.1.Overview
    10.4.2.Android Market Forecast and Analysis

    11.AUTOMOTIVE DIGITAL KEY MARKET REVENUE AND FORECASTS TO 2028 â" GEOGRAPHICAL ANALYSIS
    11.1.NORTH AMERICA
    11.1.1North America Automotive Digital Key Market Overview
    11.1.2North America Automotive Digital Key Market Forecasts and Analysis
    11.1.3North America Automotive Digital Key Market Forecasts and Analysis - By Connectivity
    11.1.4North America Automotive Digital Key Market Forecasts and Analysis - By Device Type
    11.1.5North America Automotive Digital Key Market Forecasts and Analysis - By Application
    11.1.6North America Automotive Digital Key Market Forecasts and Analysis - By Platform
    11.1.7North America Automotive Digital Key Market Forecasts and Analysis - By Countries
    11.1.7.1United States Automotive Digital Key Market
    11.1.7.1.1United States Automotive Digital Key Market by Connectivity
    11.1.7.1.2United States Automotive Digital Key Market by Device Type
    11.1.7.1.3United States Automotive Digital Key Market by Application
    11.1.7.1.4United States Automotive Digital Key Market by Platform
    11.1.7.2Canada Automotive Digital Key Market
    11.1.7.2.1Canada Automotive Digital Key Market by Connectivity
    11.1.7.2.2Canada Automotive Digital Key Market by Device Type
    11.1.7.2.3Canada Automotive Digital Key Market by Application
    11.1.7.2.4Canada Automotive Digital Key Market by Platform
    11.1.7.3Mexico Automotive Digital Key Market
    11.1.7.3.1Mexico Automotive Digital Key Market by Connectivity
    11.1.7.3.2Mexico Automotive Digital Key Market by Device Type
    11.1.7.3.3Mexico Automotive Digital Key Market by Application
    11.1.7.3.4Mexico Automotive Digital Key Market by Platform
    11.2.EUROPE
    11.2.1Europe Automotive Digital Key Market Overview
    11.2.2Europe Automotive Digital Key Market Forecasts and Analysis
    11.2.3Europe Automotive Digital Key Market Forecasts and Analysis - By Connectivity
    11.2.4Europe Automotive Digital Key Market Forecasts and Analysis - By Device Type
    11.2.5Europe Automotive Digital Key Market Forecasts and Analysis - By Application
    11.2.6Europe Automotive Digital Key Market Forecasts and Analysis - By Platform
    11.2.7Europe Automotive Digital Key Market Forecasts and Analysis - By Countries
    11.2.7.1Germany Automotive Digital Key Market
    11.2.7.1.1Germany Automotive Digital Key Market by Connectivity
    11.2.7.1.2Germany Automotive Digital Key Market by Device Type
    11.2.7.1.3Germany Automotive Digital Key Market by Application
    11.2.7.1.4Germany Automotive Digital Key Market by Platform
    11.2.7.2France Automotive Digital Key Market
    11.2.7.2.1France Automotive Digital Key Market by Connectivity
    11.2.7.2.2France Automotive Digital Key Market by Device Type
    11.2.7.2.3France Automotive Digital Key Market by Application
    11.2.7.2.4France Automotive Digital Key Market by Platform
    11.2.7.3Italy Automotive Digital Key Market
    11.2.7.3.1Italy Automotive Digital Key Market by Connectivity
    11.2.7.3.2Italy Automotive Digital Key Market by Device Type
    11.2.7.3.3Italy Automotive Digital Key Market by Application
    11.2.7.3.4Italy Automotive Digital Key Market by Platform
    11.2.7.4United Kingdom Automotive Digital Key Market
    11.2.7.4.1United Kingdom Automotive Digital Key Market by Connectivity
    11.2.7.4.2United Kingdom Automotive Digital Key Market by Device Type
    11.2.7.4.3United Kingdom Automotive Digital Key Market by Application
    11.2.7.4.4United Kingdom Automotive Digital Key Market by Platform
    11.2.7.5Russia Automotive Digital Key Market
    11.2.7.5.1Russia Automotive Digital Key Market by Connectivity
    11.2.7.5.2Russia Automotive Digital Key Market by Device Type
    11.2.7.5.3Russia Automotive Digital Key Market by Application
    11.2.7.5.4Russia Automotive Digital Key Market by Platform
    11.2.7.6Rest of Europe Automotive Digital Key Market
    11.2.7.6.1Rest of Europe Automotive Digital Key Market by Connectivity
    11.2.7.6.2Rest of Europe Automotive Digital Key Market by Device Type
    11.2.7.6.3Rest of Europe Automotive Digital Key Market by Application
    11.2.7.6.4Rest of Europe Automotive Digital Key Market by Platform
    11.3.ASIA-PACIFIC
    11.3.1Asia-Pacific Automotive Digital Key Market Overview
    11.3.2Asia-Pacific Automotive Digital Key Market Forecasts and Analysis
    11.3.3Asia-Pacific Automotive Digital Key Market Forecasts and Analysis - By Connectivity
    11.3.4Asia-Pacific Automotive Digital Key Market Forecasts and Analysis - By Device Type
    11.3.5Asia-Pacific Automotive Digital Key Market Forecasts and Analysis - By Application
    11.3.6Asia-Pacific Automotive Digital Key Market Forecasts and Analysis - By Platform
    11.3.7Asia-Pacific Automotive Digital Key Market Forecasts and Analysis - By Countries
    11.3.7.1Australia Automotive Digital Key Market
    11.3.7.1.1Australia Automotive Digital Key Market by Connectivity
    11.3.7.1.2Australia Automotive Digital Key Market by Device Type
    11.3.7.1.3Australia Automotive Digital Key Market by Application
    11.3.7.1.4Australia Automotive Digital Key Market by Platform
    11.3.7.2China Automotive Digital Key Market
    11.3.7.2.1China Automotive Digital Key Market by Connectivity
    11.3.7.2.2China Automotive Digital Key Market by Device Type
    11.3.7.2.3China Automotive Digital Key Market by Application
    11.3.7.2.4China Automotive Digital Key Market by Platform
    11.3.7.3India Automotive Digital Key Market
    11.3.7.3.1India Automotive Digital Key Market by Connectivity
    11.3.7.3.2India Automotive Digital Key Market by Device Type
    11.3.7.3.3India Automotive Digital Key Market by Application
    11.3.7.3.4India Automotive Digital Key Market by Platform
    11.3.7.4Japan Automotive Digital Key Market
    11.3.7.4.1Japan Automotive Digital Key Market by Connectivity
    11.3.7.4.2Japan Automotive Digital Key Market by Device Type
    11.3.7.4.3Japan Automotive Digital Key Market by Application
    11.3.7.4.4Japan Automotive Digital Key Market by Platform
    11.3.7.5South Korea Automotive Digital Key Market
    11.3.7.5.1South Korea Automotive Digital Key Market by Connectivity
    11.3.7.5.2South Korea Automotive Digital Key Market by Device Type
    11.3.7.5.3South Korea Automotive Digital Key Market by Application
    11.3.7.5.4South Korea Automotive Digital Key Market by Platform
    11.3.7.6Rest of Asia-Pacific Automotive Digital Key Market
    11.3.7.6.1Rest of Asia-Pacific Automotive Digital Key Market by Connectivity
    11.3.7.6.2Rest of Asia-Pacific Automotive Digital Key Market by Device Type
    11.3.7.6.3Rest of Asia-Pacific Automotive Digital Key Market by Application
    11.3.7.6.4Rest of Asia-Pacific Automotive Digital Key Market by Platform
    11.4.MIDDLE EAST AND AFRICA
    11.4.1Middle East and Africa Automotive Digital Key Market Overview
    11.4.2Middle East and Africa Automotive Digital Key Market Forecasts and Analysis
    11.4.3Middle East and Africa Automotive Digital Key Market Forecasts and Analysis - By Connectivity
    11.4.4Middle East and Africa Automotive Digital Key Market Forecasts and Analysis - By Device Type
    11.4.5Middle East and Africa Automotive Digital Key Market Forecasts and Analysis - By Application
    11.4.6Middle East and Africa Automotive Digital Key Market Forecasts and Analysis - By Platform
    11.4.7Middle East and Africa Automotive Digital Key Market Forecasts and Analysis - By Countries
    11.4.7.1South Africa Automotive Digital Key Market
    11.4.7.1.1South Africa Automotive Digital Key Market by Connectivity
    11.4.7.1.2South Africa Automotive Digital Key Market by Device Type
    11.4.7.1.3South Africa Automotive Digital Key Market by Application
    11.4.7.1.4South Africa Automotive Digital Key Market by Platform
    11.4.7.2Saudi Arabia Automotive Digital Key Market
    11.4.7.2.1Saudi Arabia Automotive Digital Key Market by Connectivity
    11.4.7.2.2Saudi Arabia Automotive Digital Key Market by Device Type
    11.4.7.2.3Saudi Arabia Automotive Digital Key Market by Application
    11.4.7.2.4Saudi Arabia Automotive Digital Key Market by Platform
    11.4.7.3U.A.E Automotive Digital Key Market
    11.4.7.3.1U.A.E Automotive Digital Key Market by Connectivity
    11.4.7.3.2U.A.E Automotive Digital Key Market by Device Type
    11.4.7.3.3U.A.E Automotive Digital Key Market by Application
    11.4.7.3.4U.A.E Automotive Digital Key Market by Platform
    11.4.7.4Rest of Middle East and Africa Automotive Digital Key Market
    11.4.7.4.1Rest of Middle East and Africa Automotive Digital Key Market by Connectivity
    11.4.7.4.2Rest of Middle East and Africa Automotive Digital Key Market by Device Type
    11.4.7.4.3Rest of Middle East and Africa Automotive Digital Key Market by Application
    11.4.7.4.4Rest of Middle East and Africa Automotive Digital Key Market by Platform
    11.5.SOUTH AND CENTRAL AMERICA
    11.5.1South and Central America Automotive Digital Key Market Overview
    11.5.2South and Central America Automotive Digital Key Market Forecasts and Analysis
    11.5.3South and Central America Automotive Digital Key Market Forecasts and Analysis - By Connectivity
    11.5.4South and Central America Automotive Digital Key Market Forecasts and Analysis - By Device Type
    11.5.5South and Central America Automotive Digital Key Market Forecasts and Analysis - By Application
    11.5.6South and Central America Automotive Digital Key Market Forecasts and Analysis - By Platform
    11.5.7South and Central America Automotive Digital Key Market Forecasts and Analysis - By Countries
    11.5.7.1Brazil Automotive Digital Key Market
    11.5.7.1.1Brazil Automotive Digital Key Market by Connectivity
    11.5.7.1.2Brazil Automotive Digital Key Market by Device Type
    11.5.7.1.3Brazil Automotive Digital Key Market by Application
    11.5.7.1.4Brazil Automotive Digital Key Market by Platform
    11.5.7.2Argentina Automotive Digital Key Market
    11.5.7.2.1Argentina Automotive Digital Key Market by Connectivity
    11.5.7.2.2Argentina Automotive Digital Key Market by Device Type
    11.5.7.2.3Argentina Automotive Digital Key Market by Application
    11.5.7.2.4Argentina Automotive Digital Key Market by Platform
    11.5.7.3Rest of South and Central America Automotive Digital Key Market
    11.5.7.3.1Rest of South and Central America Automotive Digital Key Market by Connectivity
    11.5.7.3.2Rest of South and Central America Automotive Digital Key Market by Device Type
    11.5.7.3.3Rest of South and Central America Automotive Digital Key Market by Application
    11.5.7.3.4Rest of South and Central America Automotive Digital Key Market by Platform

    12.INDUSTRY LANDSCAPE
    12.1.MERGERS AND ACQUISITIONS
    12.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
    12.3.NEW PRODUCT LAUNCHES
    12.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

    13.AUTOMOTIVE DIGITAL KEY MARKET, KEY COMPANY PROFILES
    13.1.BMW AG
    13.1.1.Key Facts
    13.1.2.Business Description
    13.1.3.Products and Services
    13.1.4.Financial Overview
    13.1.5.SWOT Analysis
    13.1.6.Key Developments
    13.2.CONTINENTAL AG
    13.2.1.Key Facts
    13.2.2.Business Description
    13.2.3.Products and Services
    13.2.4.Financial Overview
    13.2.5.SWOT Analysis
    13.2.6.Key Developments
    13.3.DAIMLER AG
    13.3.1.Key Facts
    13.3.2.Business Description
    13.3.3.Products and Services
    13.3.4.Financial Overview
    13.3.5.SWOT Analysis
    13.3.6.Key Developments
    13.4.GIESECKE DEVRIENT GMBH
    13.4.1.Key Facts
    13.4.2.Business Description
    13.4.3.Products and Services
    13.4.4.Financial Overview
    13.4.5.SWOT Analysis
    13.4.6.Key Developments
    13.5.HUF HüLSBECK AND FüRST GMBH AND CO. KG
    13.5.1.Key Facts
    13.5.2.Business Description
    13.5.3.Products and Services
    13.5.4.Financial Overview
    13.5.5.SWOT Analysis
    13.5.6.Key Developments
    13.6.HYUNDAI MOTOR COMPANY
    13.6.1.Key Facts
    13.6.2.Business Description
    13.6.3.Products and Services
    13.6.4.Financial Overview
    13.6.5.SWOT Analysis
    13.6.6.Key Developments
    13.7.ROBERT BOSCH GMBH
    13.7.1.Key Facts
    13.7.2.Business Description
    13.7.3.Products and Services
    13.7.4.Financial Overview
    13.7.5.SWOT Analysis
    13.7.6.Key Developments
    13.8.VALEO 
    13.8.1.Key Facts
    13.8.2.Business Description
    13.8.3.Products and Services
    13.8.4.Financial Overview
    13.8.5.SWOT Analysis
    13.8.6.Key Developments
    13.9.VOLKSWAGEN AG
    13.9.1.Key Facts
    13.9.2.Business Description
    13.9.3.Products and Services
    13.9.4.Financial Overview
    13.9.5.SWOT Analysis
    13.9.6.Key Developments
    13.10.VOUCH 
    13.10.1.Key Facts
    13.10.2.Business Description
    13.10.3.Products and Services
    13.10.4.Financial Overview
    13.10.5.SWOT Analysis
    13.10.6.Key Developments

    14.APPENDIX
    14.1.ABOUT THE INSIGHT PARTNERS
    14.2.GLOSSARY OF TERMS
    The List of Companies

    1.BMW AG
    2.Continental AG
    3.Daimler AG
    4.Giesecke Devrient GmbH
    5.Huf Hülsbeck and Fürst GmbH and Co. KG
    6.Hyundai Motor Company
    7.Robert Bosch GmbH
    8.VALEOÂ
    9.Volkswagen AG
    10.VouchÂ
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