The State of Connected Transportation in Six Visuals

We cover many emerging markets in the startup ecosystem. Previously, we published posts that summarized Financial Technology, Internet of ThingsBitcoin, and MarTech, Artificial Intelligence, and Retail Technology in six visuals.

This week, we do the same with Connected Transportation. At this time, we are tracking 702 Connected Transportation companies across 17 categories, with a combined funding amount of $24.7B. These are companies that are looking to revolutionize the way people move around and interact with their transportation options. The sector includes things like connected car technologies, smart infrastructure grids, and collaborative consumption enablers. To see the full list of 702 Connected Transportation companies, contact us using the form on www.venturescanner.com.

The six Connected Transportation visuals below help make sense of this dynamic market:

  1. Market Overview: Breakdown of Connected Transportation into categories.
  2. Number of Companies Per Category: Bar graph summarizing the number of companies in each Connected Transportation category.
  3. Average Funding By Category: Bar graph summarizing average company funding per Connected Transportation category.
  4. Venture Funding in Connected Transportation: Graph comparing total venture funding in Connected Transportation to the number of companies in each category.
  5. Global Breakdown of Connected Transportation: Heat map indicating where Connected Transportation companies exist.
  6. Median Age of Connected Transportation Categories: Bar graph of each Connected Transportation category by median age.

1. Connected Transportation Market Overview

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Ride Hailing and Scheduling: Enable consumers to schedule a ride either in real time or for the future. Usually integrated with user profile and mobile payment options and sometimes including ranking systems.

Smart City and Mobility: Next generation solutions for increasing sustainability in how transportation is conducted within cities. Examples include all electric vehicles (from full size automobiles to smaller scooters), and distributed energy systems which make it easier for these vehicles to recharge and stay mobile.

Automotive Telematics: Telematics provide car owners with better access to specific information about their car. Examples include sensor reading histories (telemetry), diagnostics, and enhanced safety features (such as road-side assistance). Includes both integrated and after-market solutions.

Auto Fleet Management: Solutions for professional owners of large fleets of vehicles, enabling them to better optimize their total cost of ownership (tracking, servicing, fueling, etc.).

Individualized Insurance: Companies that optimize insurance costs, such as comparison websites and technologies that allow for personalized quotes (such as Pay As You Drive automotive telematics).

Mapping, Location, and Route Optimization: Understanding where a consumer is and providing recommendations based upon that. Examples include providing local maps, localized advertising, and directions.

Auto Clean Tech: Next-generation solutions seeking to increase fuel efficiency, lower emissions, and/or take advantage or renewable fuels.

Car Sharing: The collaborative consumption option for cars, enabling consumers to share the cost of auto ownership. Business models range from centrally administered micro-rentals through peer-to-peer shared ride arrangements.

Vehicle to Vehicle (V2V) Communications: Technologies which allow for direct vehicle-to-vehicle communication. These technologies can help with collision avoidance, route optimization, and maintaining the flow of traffic.

Intelligent Transit Systems: Intelligent Transit Systems (ITS) share information between cars and infrastructure, enabling collision avoidance, metering, and traffic management. Sometimes referred to Vehicle-to-Vehicle (V2V) or Vehicle-to-Infrastructure (V2I) systems.

Enhanced Auto Ownership: New methodologies to buy, rent, or insure cars. Also includes social networks dedicated to cars and car culture.

Auto Wireless Networking: These companies offer solutions that help cars communicate wirelessly with the cloud, so that interested users can monitor and/or analyze information coming from specific cars.

Automotive Infotainment: Communication and entertainment services that are integrated/streamlined into an automotive experience. Examples include music libraries, voice activation, telephony, and voice-to-text. Includes both integrated and after-market solutions.

Public Transit Enhancement: Public Transit Enhancements aim to encourage the use of public transit options. Examples include real-time tracking of buses, loyalty programs, and information.

Smart Parking Technology: Smart Parking solutions make it easier to manage parking space inventories, usually enabling consumers to find open space in-real-time or to pay for parking via mobile payment options.

Auto Heads Up Display (HUD): Technologies that bring “cockpit” style display technologies into the automotive realm.

Autonomous & Assisted Car Sensors: Companies that provide various solutions that assist a human in driving a car or work to eliminate the need for a human behind the wheel.

2. Number of Companies Per Category

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The bar graph above summarizes the number of companies in each Connected Transportation category to show which are dominating the current market. Currently, the “Automotive Telematics” category is leading the way with a total of 177 companies, followed by “Mapping and Locations” with 110 companies.

3. Median Funding By Category

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The bar graph above summarizes the median company funding per Connected Transportation category. Here, the “V2V Communications” category leads the way with a median of $20M. Top companies in V2V Communications today include Peloton Technology and Choda Wireless. Following the V2V Communications category is the “Auto Wireless Networking” category with a median funding of $16.9M.

4. Venture Investing in Connected Transportation

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The graph above compares total venture funding in Connected Transportation to the number of companies in each category. The data suggests that the “Ride Hailing and Scheduling” is the category with the most traction. However, the data in that category is impacted greatly by Uber’s $8.2B in funding.

5. Global Breakdown of Connected Transportation

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The following infographic is an updated heat map indicating where Connected Transportation innovations occur. We are tracking companies across 43 countries and 309 cities. The United States is leading the way with 283 companies, the United Kingdom is in second with 28 companies, and India is in third with 18.

6. Median Age of Connected Transportation Categories

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The bar graph above summarizes Connected Transportation by median age of category. The “V2V Communications,” category has the highest median age at 18 years. The youngest categories are “Ride Hailing” and “Enhanced Auto Ownership” with medians of 4 years and 3 years, respectively.

As Connected Transportation continues to develop, so too will its moving parts. We hope this post provides some big picture clarity on this booming industry.

Venture Scanner enables corporations to research, identify, and connect with the most innovative technologies and companies. We do this through a unique combination of our data, technology, and expert analysts. If you have any questions, reach out to info@venturescanner.com.

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