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Global Automotive NAD Module Market Analysis: Q4 2021

May 30, 2022 | Author : Fahad Siddiqui, Soumen Mandal

  • Global automotive NAD module shipments grew by 13% YoY in 2021 to reach 36 Mn units.
  • This is primarily due to the increase in connected car penetration across the globe. OEMs are scaling up on connected mobility as a service to monetize revenue streams, especially since consumer preference shifted from ride-sharing services to personal mobility during the pandemic. 
  • Rolling Wireless is leading the global automotive NAD module market, followed by LG and Continental in 2021.
  • We expect the global IC shortage to start easing from late 2022. By 2027, almost 50% of connected cars is projected to have embedded 5G connectivity.
  • Global automotive NAD module revenue is expected to increase by more than two times from 2021 to reach $3.5 billion by 2027.
Table of Contents:
  • Key Takeaways
  • Definition
  • Ecosystem Analysis
  • Market Trends
  • Forecast Analysis
  • Use Cases
Number of Pages: 47
Published Date: May 2022


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