Connected Car Market worth $26.4 billion by 2030
The global connected car market is projected to grow from USD 12.4 Billion in 2024 to USD 26.4 Billion by 2030 at a CAGR of 13.3%. The connected car market is experiencing exponential growth, driven by various factors. Foremost is the surging consumer demand for constant connectivity and reliance on technology, particularly among tech-savvy populations. This insatiable need for connectivity is being...
Connected Car Market: Latest Trends & Industry Vision
The Global Connected Car Market size is projected to reach USD 212.7 billion by 2027, from an estimated value of USD 42.6 billion in 2019, at a CAGR of 22.3%, driven by the developments in connected technology.
For instance, Continental announced that it was developing a flexible 5G hybrid platform V2X solution that allows both mobile network communication and rapid and reliable direct exchange...