Digital car keys refer to a digital and virtual representation of a physical car key that allows authorized users to unlock, start, and operate a vehicle using a smartphone, wearable device, or other digital device. Instead of using a traditional physical key or a key fob, digital car keys leverage wireless communication technologies such as Bluetooth, Near Field Communication (NFC), or other secure protocols to establish a connection between the digital key and the vehicle.
The global Digital Car Keys market is projected to reach US$ 8213.4 million in 2029, increasing from US$ 2360.8 million in 2022, with the CAGR of 18.6% during the period of 2023 to 2029.
Increasing Adoption of Mobile Technology: The widespread use of smartphones and wearable devices was driving the adoption of Digital Car Keys, as users sought seamless integration of their devices with their vehicles.
Connected Car Ecosystem: As vehicles became more connected and digitized, the integration of Digital Car Keys into the broader connected car ecosystem was on the rise. This included features like remote start, remote locking/unlocking, and vehicle status notifications.
Enhanced User Convenience: Digital Car Keys offered users a more convenient way to access and operate their vehicles without the need for physical keys or key fobs. Users could use their smartphones for various vehicle-related tasks.
Remote Access and Sharing: Digital Car Keys allowed users to remotely grant temporary access to family members or friends, making vehicle sharing and access management more flexible.
Personalization: Digital Car Keys could be personalized to individual user preferences, including seat and mirror settings, climate control, and infotainment settings.
Backup Solutions: Manufacturers were offering backup solutions in case users lost their smartphones or encountered technical issues. These backup solutions might involve physical key fobs or alternate authentication methods.
Security Considerations: The security of Digital Car Keys was of paramount importance. Manufacturers were implementing robust encryption, authentication, and authorization mechanisms to prevent unauthorized access.
Integration with Mobile Wallets: Integration with mobile wallet apps provided users with a single app for various digital credentials, such as payment cards, loyalty cards, and car keys.
Compatibility and Standardization: Manufacturers were working to ensure compatibility across various devices and vehicle models, potentially using standardized protocols for communication between devices and vehicles.
OEM and Third-Party Solutions: Both vehicle manufacturers (OEMs) and third-party developers were entering the market with Digital Car Key solutions, offering users a range of options for accessing and managing their vehicles digitally.
Legal and Regulatory Considerations: The use of Digital Car Keys raised legal and regulatory questions related to security, data privacy, and liability in case of unauthorized access or system failures.
Evolving Mobile Technology: Advances in mobile technology, such as improvements in Bluetooth connectivity, NFC capabilities, and the potential for wider adoption of ultra-wideband (UWB) technology, could impact the functionality and security of Digital Car Keys.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Digital Car Keys market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Bosch
Continental
Valeo
DENSO
NXP
Alpine
STMicroelectronics
Texas Instruments
Shanghai Yinji Information Security Consulting Associates
Giesecke+Devrient
Irdeto
TrustKernel
PATEO
Segment by Type
BLE Keys
NFC Keys
UWB Keys
Segment by Application
Electric Vehicle
Hybrid Vehicle
Fuel Vehicle
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Digital Car Keys report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Digital Car Keys Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 BLE Keys
1.2.3 NFC Keys
1.2.4 UWB Keys
1.3 Market by Application
1.3.1 Global Digital Car Keys Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Electric Vehicle
1.3.3 Hybrid Vehicle
1.3.4 Fuel Vehicle
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Digital Car Keys Market Perspective (2018-2029)
2.2 Digital Car Keys Growth Trends by Region
2.2.1 Global Digital Car Keys Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Digital Car Keys Historic Market Size by Region (2018-2023)
2.2.3 Digital Car Keys Forecasted Market Size by Region (2024-2029)
2.3 Digital Car Keys Market Dynamics
2.3.1 Digital Car Keys Industry Trends
2.3.2 Digital Car Keys Market Drivers
2.3.3 Digital Car Keys Market Challenges
2.3.4 Digital Car Keys Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Digital Car Keys Players by Revenue
3.1.1 Global Top Digital Car Keys Players by Revenue (2018-2023)
3.1.2 Global Digital Car Keys Revenue Market Share by Players (2018-2023)
3.2 Global Digital Car Keys Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Digital Car Keys Revenue
3.4 Global Digital Car Keys Market Concentration Ratio
3.4.1 Global Digital Car Keys Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Digital Car Keys Revenue in 2022
3.5 Digital Car Keys Key Players Head office and Area Served
3.6 Key Players Digital Car Keys Product Solution and Service
3.7 Date of Enter into Digital Car Keys Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Digital Car Keys Breakdown Data by Type
4.1 Global Digital Car Keys Historic Market Size by Type (2018-2023)
4.2 Global Digital Car Keys Forecasted Market Size by Type (2024-2029)
5 Digital Car Keys Breakdown Data by Application
5.1 Global Digital Car Keys Historic Market Size by Application (2018-2023)
5.2 Global Digital Car Keys Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Digital Car Keys Market Size (2018-2029)
6.2 North America Digital Car Keys Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Digital Car Keys Market Size by Country (2018-2023)
6.4 North America Digital Car Keys Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Digital Car Keys Market Size (2018-2029)
7.2 Europe Digital Car Keys Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Digital Car Keys Market Size by Country (2018-2023)
7.4 Europe Digital Car Keys Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Digital Car Keys Market Size (2018-2029)
8.2 Asia-Pacific Digital Car Keys Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Digital Car Keys Market Size by Region (2018-2023)
8.4 Asia-Pacific Digital Car Keys Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Digital Car Keys Market Size (2018-2029)
9.2 Latin America Digital Car Keys Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Digital Car Keys Market Size by Country (2018-2023)
9.4 Latin America Digital Car Keys Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Digital Car Keys Market Size (2018-2029)
10.2 Middle East & Africa Digital Car Keys Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Digital Car Keys Market Size by Country (2018-2023)
10.4 Middle East & Africa Digital Car Keys Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Bosch
11.1.1 Bosch Company Detail
11.1.2 Bosch Business Overview
11.1.3 Bosch Digital Car Keys Introduction
11.1.4 Bosch Revenue in Digital Car Keys Business (2018-2023)
11.1.5 Bosch Recent Development
11.2 Continental
11.2.1 Continental Company Detail
11.2.2 Continental Business Overview
11.2.3 Continental Digital Car Keys Introduction
11.2.4 Continental Revenue in Digital Car Keys Business (2018-2023)
11.2.5 Continental Recent Development
11.3 Valeo
11.3.1 Valeo Company Detail
11.3.2 Valeo Business Overview
11.3.3 Valeo Digital Car Keys Introduction
11.3.4 Valeo Revenue in Digital Car Keys Business (2018-2023)
11.3.5 Valeo Recent Development
11.4 DENSO
11.4.1 DENSO Company Detail
11.4.2 DENSO Business Overview
11.4.3 DENSO Digital Car Keys Introduction
11.4.4 DENSO Revenue in Digital Car Keys Business (2018-2023)
11.4.5 DENSO Recent Development
11.5 NXP
11.5.1 NXP Company Detail
11.5.2 NXP Business Overview
11.5.3 NXP Digital Car Keys Introduction
11.5.4 NXP Revenue in Digital Car Keys Business (2018-2023)
11.5.5 NXP Recent Development
11.6 Alpine
11.6.1 Alpine Company Detail
11.6.2 Alpine Business Overview
11.6.3 Alpine Digital Car Keys Introduction
11.6.4 Alpine Revenue in Digital Car Keys Business (2018-2023)
11.6.5 Alpine Recent Development
11.7 STMicroelectronics
11.7.1 STMicroelectronics Company Detail
11.7.2 STMicroelectronics Business Overview
11.7.3 STMicroelectronics Digital Car Keys Introduction
11.7.4 STMicroelectronics Revenue in Digital Car Keys Business (2018-2023)
11.7.5 STMicroelectronics Recent Development
11.8 Texas Instruments
11.8.1 Texas Instruments Company Detail
11.8.2 Texas Instruments Business Overview
11.8.3 Texas Instruments Digital Car Keys Introduction
11.8.4 Texas Instruments Revenue in Digital Car Keys Business (2018-2023)
11.8.5 Texas Instruments Recent Development
11.9 Shanghai Yinji Information Security Consulting Associates
11.9.1 Shanghai Yinji Information Security Consulting Associates Company Detail
11.9.2 Shanghai Yinji Information Security Consulting Associates Business Overview
11.9.3 Shanghai Yinji Information Security Consulting Associates Digital Car Keys Introduction
11.9.4 Shanghai Yinji Information Security Consulting Associates Revenue in Digital Car Keys Business (2018-2023)
11.9.5 Shanghai Yinji Information Security Consulting Associates Recent Development
11.10 Giesecke+Devrient
11.10.1 Giesecke+Devrient Company Detail
11.10.2 Giesecke+Devrient Business Overview
11.10.3 Giesecke+Devrient Digital Car Keys Introduction
11.10.4 Giesecke+Devrient Revenue in Digital Car Keys Business (2018-2023)
11.10.5 Giesecke+Devrient Recent Development
11.11 Irdeto
11.11.1 Irdeto Company Detail
11.11.2 Irdeto Business Overview
11.11.3 Irdeto Digital Car Keys Introduction
11.11.4 Irdeto Revenue in Digital Car Keys Business (2018-2023)
11.11.5 Irdeto Recent Development
11.12 TrustKernel
11.12.1 TrustKernel Company Detail
11.12.2 TrustKernel Business Overview
11.12.3 TrustKernel Digital Car Keys Introduction
11.12.4 TrustKernel Revenue in Digital Car Keys Business (2018-2023)
11.12.5 TrustKernel Recent Development
11.13 PATEO
11.13.1 PATEO Company Detail
11.13.2 PATEO Business Overview
11.13.3 PATEO Digital Car Keys Introduction
11.13.4 PATEO Revenue in Digital Car Keys Business (2018-2023)
11.13.5 PATEO Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Bosch
Continental
Valeo
DENSO
NXP
Alpine
STMicroelectronics
Texas Instruments
Shanghai Yinji Information Security Consulting Associates
Giesecke+Devrient
Irdeto
TrustKernel
PATEO
Ěý
Ěý
*If Applicable.
