“Lucintel’s latest study found that, The future of the global connected car market looks promising with opportunities in the mobility management, telematic, infotainment, and driver assistance markets. The global connected car market is expected to reach an estimated $184.1 billion by 2030 with a CAGR of 16.7% from 2024 to 2030. The major drivers for this market are rising sale of high-end luxury cars, increasing adoption of integrated connectivity, and growing integration of advanced safety and comfort features in the vehicles like advanced driver assistance systems and vehicle infotainment.
In this market, embedded, tethered, and integrated are the major segments of connected car market by technology type.
Lucintel forecasts that integrated is expected to witness highest growth over the forecast period because it provides unlimited data sharing possibilities and is affordable as compare to other systems.
Browse in depth TOC of the connected car Market
100 – Figures
connected car Market is marked by presence of several big and small players. Continental, Robert Bosch, Harman International Industries, DENSO Corporation, Airbiquity, Visteon Corporation, Samsung Electronics, Sierra Wireless, Tesla, and Daimler are the major suppliers in the connected car market.”
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