Connected Motorcycle Market Size

Connected Motorcycle Market size was valued at USD 95.89 million in 2024 and is set to reach USD 7.59 billion by the end of 2037, expanding at around 39.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of connected motorcycle is assessed at USD 126.42 million.

The growth of the market can be attributed to the growing number of connected motorcycles worldwide. Motorcycles with connection capabilities and integrated technology are gaining more traction, especially in Europe countries and the United States. For instance, it was found that there were over 19 million connected two-wheelers on United States roads in 2020. Further, the rising demand for more efficient safety features and driver assistance for a safe riding experience is also anticipated to expand the market growth over the forecast period.

In addition to these, factors that are believed to fuel the market growth of connected motorcycles include the rise in vehicle telematics, soaring investments in technological advancements, and surging demand for superior performance, that are also estimated to further drive the growth of the global connected motorcycle market in the coming years. With a highly advanced system, connected motorcycles can primarily read the road and provide alerts to the rider of traffic, obstacles, potholes, construction, or road curves. The applications of connected motorcycles warn riders regarding approaching vehicles, emergency braking systems, and others. With the recent advancements in IoT-enabled motorcycles as well as massively increased IoT spending, the demand for connected motorcycles is on the rise amongst bikers, which in turn, is expected to create massive revenue generation opportunities for the key players operating in the global connected motorcycle market during the forecast period. For instance, based on a report, by the end of 2022, global IoT spending was estimated to reach almost USD 1 trillion. Additionally, the growing demand for smartphone-integrated digital dashboards is another notable factor that is predicted to present significant market expansion over the projected period.