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Connected, Car

Allied Market Research United Kingdom United States of America

09.09.2020 - 15:03:57

Connected Car Market to Grow $225.16 Bn, Globally, by 2027 at 17.1% CAGR: Allied Market Research

share in 2019, and will maintain its dominance throughout the forecast period. On the other hand, the region across Europe is anticipated to manifest the fastest CAGR of 20.4% from 2020 to 2027. This is due to the increased adoption of better and efficient vehicle safety technology.

Key market players-

CloudMade LUXOFT Qualcomm Technologies, Inc. Sierra Wireless Tesla, and ZUBIE, INC. AT&T Audi AG BMW Group Daimler AG Ford Motor Company Samsung Electronics Telefonica S.A. TomTom International Verizon Communications Vodafone Group Plc. Airbiquity Inc. Robert Bosch GmbH Continental AG Intellias Ltd.

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Car GPS Navigation System Market: The Car GPS navigation system market was valued at $701 million in 2016, and is projected to reach at $1,237 million by 2023, growing at a CAGR of 8.1% from 2017 to 2023.

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Autonomous Vehicle Market: The autonomous vehicle market is segmented based on level of automation, component, application, and region.

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