Two-thirds of Cars Sold in Q3 2023 Featured Embedded Connectivity

  • Global connected car sales grew 28% YoY in Q3 2023.
  • Developed countries with strong government push lead in connected car sales.
  • By 2030, more than 90% of connected cars sold will have embedded 5G connectivity.

Seoul, Beijing, Boston, Buenos Aires, Hong Kong, London, New Delhi, San Diego – January 17, 2024

Global connected car sales* grew 28% YoY in Q3 2023, according to the latest research from Counterpoint’s Global Connected Car Sales Tracker. Every 2 out of 3 cars sold in Q3 2023 had embedded connectivity in them. China led with around 33% share in global connected car sales, followed by the US and Europe. These top three regions constituted more than 75% of the global connected car sales in Q3.

Commenting on the market dynamics, Senior Analyst Soumen Mandal said, “Germany has the highest share of connected cars in its passenger car sales owing to the initial government push towards connected vehicles through mandates like eCall. After Germany, the US, France, and the UK have the highest share of connected cars in their respective passenger car sales.

With the increasing adoption of electric vehicles and autonomous vehicles, the connectivity penetration in a car is increasing. 4G still dominates this space with more than 95% sales share, while 5G adoption is slower than the industry’s projections earlier. The lack of robust 5G infrastructure along the highways, non-availability of unique 5G use cases within the car, and supply chain issues are some of the reasons for slower adoption of 5G in passenger cars.”

Share of Connected Cars in Passenger Car Sales, Q3 2023

Mandal added, “With growing consumer tech awareness and need for connectivity, the sales of non-connected cars are steadily declining. The top five automotive groups accounted for nearly 45% of the connected cars sold in Q3 2023. Toyota Group led the charts in terms of shipments with a 12% sales share, closely followed by the Volkswagen Group. GM Group, Hyundai Kia Automotive Group and Stellantis were the other three in the top five.”

Global Car Sales Share by Automotive Group, Q3 2023

Commenting on the market outlook, Vice President Research Neil Shah said, “The connectivity in cars is slowly gaining preference in developing economies too and becoming the main differentiator in the market. It is expected that more than 95% of all new passenger cars will have embedded connectivity by 2030. 4G connectivity will continue to dominate, while 5G connectivity will gradually rise with the introduction of more L3 and above cars in the market. 2026 will likely be the inflection point for adopting 5G in automotive applications. By 2030, more than 90% of connected cars sold will have embedded 5G connectivity.”

* Sales here refer to wholesale figures, i.e. deliveries out of factories by respective brands, and consider only passenger cars with embedded connectivity.

The comprehensive and in-depth ‘Global Connected Car Tracker, Q3 2023’ and ‘Global Connected Car Forecast, 2019-2030F’ are now available for purchase at

Feel free to reach us at for questions regarding our latest research and insights.


Counterpoint Technology Market Research is a global research firm specializing in products in the TMT (technology, media, and telecom) industry. It services major technology and financial firms with a mix of monthly reports, customized projects, and detailed analyses of the mobile and technology markets. Its key analysts are seasoned experts in the high-tech industry.

Follow Counterpoint Research


Related Posts

Counterpoint research is a young and fast growing research firm covering analysis of the tech industry. Coverage areas are connected devices, digital consumer goods, software & applications and other adjacent topics. We provide syndicated research reports as well as tailored. Our seminars and workshops for companies and institutions are popular and available on demand. Consulting and customized work on the above topics is provided for high precision projects.

Term of Use and Privacy Policy

Counterpoint Technology Market Research Limited


In order to access Counterpoint Technology Market Research Limited (Company or We hereafter) Web sites, you may be asked to complete a registration form. You are required to provide contact information which is used to enhance the user experience and determine whether you are a paid subscriber or not.
Personal Information When you register on we ask you for personal information. We use this information to provide you with the best advice and highest-quality service as well as with offers that we think are relevant to you. We may also contact you regarding a Web site problem or other customer service-related issues. We do not sell, share or rent personal information about you collected on Company Web sites.

How to unsubscribe and Termination

You may request to terminate your account or unsubscribe to any email subscriptions or mailing lists at any time. In accessing and using this Website, User agrees to comply with all applicable laws and agrees not to take any action that would compromise the security or viability of this Website. The Company may terminate User’s access to this Website at any time for any reason. The terms hereunder regarding Accuracy of Information and Third Party Rights shall survive termination.

Website Content and Copyright

This Website is the property of Counterpoint and is protected by international copyright law and conventions. We grant users the right to access and use the Website, so long as such use is for internal information purposes, and User does not alter, copy, disseminate, redistribute or republish any content or feature of this Website. User acknowledges that access to and use of this Website is subject to these TERMS OF USE and any expanded access or use must be approved in writing by the Company.
– Passwords are for user’s individual use
– Passwords may not be shared with others
– Users may not store documents in shared folders.
– Users may not redistribute documents to non-users unless otherwise stated in their contract terms.

Changes or Updates to the Website

The Company reserves the right to change, update or discontinue any aspect of this Website at any time without notice. Your continued use of the Website after any such change constitutes your agreement to these TERMS OF USE, as modified.
Accuracy of Information: While the information contained on this Website has been obtained from sources believed to be reliable, We disclaims all warranties as to the accuracy, completeness or adequacy of such information. User assumes sole responsibility for the use it makes of this Website to achieve his/her intended results.

Third Party Links: This Website may contain links to other third party websites, which are provided as additional resources for the convenience of Users. We do not endorse, sponsor or accept any responsibility for these third party websites, User agrees to direct any concerns relating to these third party websites to the relevant website administrator.

Cookies and Tracking

We may monitor how you use our Web sites. It is used solely for purposes of enabling us to provide you with a personalized Web site experience.
This data may also be used in the aggregate, to identify appropriate product offerings and subscription plans.
Cookies may be set in order to identify you and determine your access privileges. Cookies are simply identifiers. You have the ability to delete cookie files from your hard disk drive.