Connected Car Market Global Opportunities & Forecast, 2020-2027
Global Connected Car Market The Connected Car Market is anticipated to expand at a rate of 18.1% over the forecast period. This is due to the acceleration in urban population and the drift towards technology-guided vehicles to have a superior driving experience. Request a FREE Sample Report of Connected Car Market Connected Car Market Dynamics The accelerating incidences of vehicle embezzlement has captured the attention of car buyers towards monitoring systems to supervise their vehicles and provide prompt updates about the geographic locations. The vehicles infotainment solution helps to record the passenger’s location and travel history of the passengers which can make travel riskier. Thus, these rising incidences of car theft have stimulated the growth of the global connected car market. Further, the increasing acquisition of ADAS is anticipated to bolster the market growth. The strategic initiatives enforced by the government to develop smart transportation system...