Automotive Communication Technology Market Size, Report By 2032

The global automotive communication technology market size was valued at USD 12.12  billion in 2023 and is expected to reach around US$ 45.72 billion by 2032, growing at a CAGR of 15.90% from 2023 to 2032.

Key Points

  • Asia Pacific dominated the market with the highest market share of 44.7% in 2022.
  • By Bus Module, the CAN module segment has held the largest market share 38.7% in 2022.
  • By vehicle class, the mid-size vehicle class segment is anticipated to grow at the fastest rate over the projected period

Automotive Communication Technology Market Size 2023-2032

The automotive communication technology market encompasses a range of technologies and protocols designed to facilitate communication and data exchange within vehicles and between vehicles and external systems. This includes technologies like Controller Area Network (CAN), Ethernet, FlexRay, and Local Interconnect Network (LIN), among others. With the evolution of connected and autonomous vehicles, the demand for efficient and robust communication systems within vehicles has grown significantly.

Growth Factors

The growth of the automotive communication technology market is driven by several key factors. Firstly, the increasing adoption of advanced driver assistance systems (ADAS) and in-vehicle infotainment systems has led to a higher demand for reliable and high-speed communication networks. Additionally, the rise of electric and autonomous vehicles requires sophisticated communication architectures to manage complex data flows and ensure safety and efficiency. Moreover, regulatory mandates for vehicle safety and emissions monitoring further boost the adoption of communication technologies in automobiles.

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Region Insights

The market for automotive communication technology is geographically diverse, with key regions including North America, Europe, Asia Pacific, and Rest of the World. North America and Europe have been early adopters of advanced automotive technologies, driving significant investments in communication infrastructure. The Asia Pacific region, particularly countries like China, Japan, and South Korea, is witnessing rapid growth due to the expanding automotive industry and increasing demand for connected vehicles in these markets.

Automotive Communication Technology Market Scope

Report Highlights Details
Market Size USD 45.72 billion by 2032
Growth rate CAGR of 15.90% from 2023 to 2032
Base Year 2022
Historical Years 2020-2021
Forecast Period 2023 to 2032
Segments Covered Bus Module, Application, Vehicle Class, Region
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, Latin America


Several drivers propel the growth of the automotive communication technology market. These include the need for enhanced vehicle connectivity to support features like telematics, navigation, and remote diagnostics. The push towards autonomous driving also necessitates robust communication systems for real-time data exchange between vehicle components and with external infrastructure. Furthermore, advancements in wireless communication technologies like 5G are expected to revolutionize vehicle-to-everything (V2X) communication, further driving market growth.


The automotive communication technology market presents various opportunities for innovation and expansion. The development of secure and scalable communication protocols to support future automotive applications remains a key opportunity for technology providers. Moreover, partnerships between automotive OEMs, semiconductor manufacturers, and communication technology companies can accelerate the adoption of standardized communication solutions across the industry. Additionally, the growing trend of mobility-as-a-service (MaaS) opens up new avenues for communication technology integration in shared and autonomous vehicle fleets.


Despite the promising outlook, the automotive communication technology market faces several challenges. Interoperability issues between different communication protocols and legacy systems pose integration challenges for automakers and suppliers. Ensuring cybersecurity and data privacy in connected vehicles is another critical challenge that requires continuous innovation and investment. Furthermore, the high development costs associated with advanced communication technologies can limit market penetration, especially for smaller players in the industry.

Read Also: Unmanned Aerial Vehicle Market Size to Grow USD 74.47 Bn by 2032

Some of the prominent players in the Automotive Communication Technology Market include:

  • Toshiba Corporation
  • Robert Bosch
  • Texas Instruments
  • Broadcom Inc.
  • NXP Semiconductors
  • Infineon Technologies AG
  • STMicroelectronics
  • Renesas Electronics Corporation
  • Microchip Technology Inc.
  • ON Semiconductor
  • Rohm Semiconductor
  • Maxim Integrated
  • Melexis NV
  • Xilinx Inc.
  • Elmos Semiconductor SE
  • Analog Devices
  • Vector Informatik GmbH
  • Intel Corporation

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2023 to 2032. For the purpose of this study, Precedence Research has segmented the global Automotive Communication Technology Market report on the basis of bus module, application, vehicle class, and region:

By Bus Module Outlook

  • Controller Area Network (CAN)
  • Local Interconnect Network (LIN)
  • Media-Oriented Systems Transport (MOST)
  • FlexRay
  • Ethernet

By Application Outlook

  • Powertrain
  • Infotainment & Communication
  • Body Control & Comfort
  • Safety & ADAS

By Vehicle Class Outlook

  • Luxury
  • Mid-Size
  • Economy

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

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