Automotive Ethernet Market Size, Share, Trends, Demand & Forecast 2028
The global Automotive ethernet market size is projected to grow from USD 2.2 billion in 2023 to USD 5.5 billion by 2028, at a CAGR of 19.7%. The increasing demand for faster in-vehicle networking is expected to increase the demand for automotive ethernet. Additionally, continuous innovation in connected car features will boost the demand for automotive ethernet.
Network segment is expected to have...
Car as a Connected Living Ecosystem Market Size, Share, Trends & Forecast 2035
The total market for connected living services is estimated to grow from $8 billion in 2023 to more than $1.5 trillion by 2035 at the CAGR of 54.5%.
Factors such as technology developments and advanced connectivity levels across automotive OEMs and customer perceptions & service expectations from connected cars are driving the growth of the car as a connected living ecosystem market. Customers,...
Future of Digital Cockpit Market Size is to Hit 67 million units by 2030
The digital cockpit market size is projected to reach 67 million units by 2030 from 45 million units in 2024, at a CAGR of 7.0%.
The digital cockpit has rapidly gained popularity among consumers owing to the increasing demand for personalization, multi-display solutions, enhanced safety and convenience, and the integration of AI in cockpit features. OEMs continuously work towards enhancing personalization...
Global Automotive Industry Outlook to Hit 96 Million Units by 2024
The global automotive market, by value, is estimated to be 92 Million Units in 2023 and is projected to reach 96 Million Units by 2024, at a growth rate of 5.0% from 2023 to 2024. In the near future, demand for recreational boat is expected to increase due to favourable investment made for boat industry.
While initial forecasts predicted a post-pandemic surge, the reality has been bumpier. Inflationary...
Car as a Connected Living Ecosystem to Hit worth $1.5 trillion by 2035
The automotive industry is undergoing a profound transformation, driven by the convergence of technology and mobility. The car is no longer merely a transportation device; it’s evolving into a connected living ecosystem, offering a range of services and features that enhance the driving experience and integrate seamlessly with our digital lives.
Market Size and Share
The market for connected...