Next Generation In-Vehicle Networking (IVN) Market Size, Share, Analysis, Trends, Growth, Forecasts, 2032

Next Generation In-Vehicle Networking (IVN) Market Insights

According to Zion Market Research, the global Next Generation In-Vehicle Networking (IVN) Market was worth USD 4.06 Billion in 2023. The market is forecast to reach USD 14.50 Billion by 2032, growing at a compound annual growth rate (CAGR) of 15.2% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Next Generation In-Vehicle Networking (IVN) Market industry over the next decade.

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Global Next Generation In-Vehicle Networking (IVN) Market: Overview

Although Ethernet was not used widely in the automotive industry until recent decades, it is a proven technology with nearly 30 years of use in the wider networking market. Formed in the 1970s, it has become the benchmark across the world for modern computer networking. A range of network interfaces and security frameworks were developed at the time, applying themselves well to the complexities of cyber security and automotive networking.

In addition to Controller Area Network (CAN) and FlexRay, the automotive industry has recognized Ethernet as a promising application for next-generation in-vehicle networking. Ethernet is an IEEE standard and is commonly used in personal and commercial domains. It will introduce a range of improvements to the design and operation of in-vehicle networks and will provide substantial reuse of components, software, and tools. Ethernet is designed to connect within a vehicle with high-speed communication that includes subsystems such as Advanced Driver Assistant Systems (ADAS), multimedia, navigation and positioning, and connectivity systems.

In the case of hybrid (HEV) or electric vehicles (EVs), Ethernet would be a significant aspect of the communication architecture layer that allows a connection between vehicle electronics and the Internet in which the vehicle is part of a standard Internet of Things (IoT) application. Including Ethernet for vehicles, connectivity can effectively handle a large amount of data to be transmitted between the outside world and the vehicle. Ethernet is an enabling technology for the implementation of advanced features in the automotive sector and requires more optimization in terms of functionality, price, capacity, and electrical durability to be incorporated and broadly used by the industry.

Autonomous Vehicles (AVs) would need a range of networking features to work effectively, such as cameras, LiDAR, and traffic signal recognition. These sensors that allow vehicle-to-everything (V2X) i.e. (vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) or V2I+I) connectivity are critical for its success. The need for greater bandwidth is therefore likely to blow up. Designed to satisfy this demand and deliver speeds of up to 100 Mb/s in its present form, Ethernet will soon hit faster speeds. The IEEE802.3 Ethernet Working Group, accountable for Automotive Ethernet, is focusing on a much quicker multi-gig standard for the future.

Media Oriented Systems Transport (MOST), a network mainly used for media systems and infotainment, is a competitor. MOST provide 100 to 150-Mb/s speeds; however, its demand has been limited by proprietary licensing, limited hardware access, and dependency on heavy coax cables or easily degraded optical fibre.

Ethernet provides greater hope for the future. It is designed for bandwidth, is accessible from a range of potential providers, and provides greater scalability with switching networking. As it uses single unshielded twisted-pair (UTP) cabling, it is also a cost-effective and lightweight solution. Broadcom, a company responsible for implementing the new automotive standard, BroadR-Reach, reports that it can reduce cable weight by 30% and connectivity costs by 80%.

Next Generation In-Vehicle Networking (IVN) Market: Report Scope

Global Next Generation In-Vehicle Networking (IVN) Market: Regional Insights

Over the last few years, APAC's automotive sector has been categorically transformed by technological progress, positive economic growth and balanced socio-political conditions. Globally, the region is making a significant contribution in terms of vehicle manufacturing and vehicle sales. Huge customer base across developing economies, such as China, India and Malaysia, has powered the automotive industry. Per capita income has shown growth in both China and India. As a result, APAC's automotive OEMs have significant opportunities to drive company revenue. Automotive OEMs concentrate more on safety and security features to enhance customer service. All these factors will highly contribute to the growth of the Automotive Ethernet or Next Generation In-Vehicle Networking market over the forecast period.

Global Next Generation In-Vehicle Networking (IVN) Market: Competitive Players

The major players in the global Next Generation In-Vehicle Networking (IVN) market include

• Acome,
• Agilent Technologies,
• Aricent Inc,
• AISIN AW Co Ltd,
• Broadcom,
• Analog Devices,
• Bosch,
• Freescale,
• Daimler AG,
• Harman,
• Renault SA,
• NXP,
• Renesas,
• Wurth Elektronik,
• Visteon,
• Yazaki Corporation among others.

The report segment of the global Next Generation In-Vehicle Networking (IVN) market is as follows:

By Vehicle Type Segment Analysis

• Passenger Car
• Light Commercial Vehicle (LCV)
• Heavy Commercial Vehicle (HCV)
• Automated Guided Vehicle (AGV)

By Connectivity Standards Segment Analysis

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

By Application Segment Analysis

• Powertrain
• Safety
• Body Electronics
• Chassis
• Infotainment

Global Next Generation In-Vehicle Networking (IVN) Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa