Latest News Connected car market size to grow by USD 17276739 million between 2022 and 2027 Growth driven by the government regulations to increase invehicle safety and improvement in safety controls Businessfortnight
NEW YORK, April 3, 2023 /PRNewswire/ — The connected car market size is forecast to increase by USD 172,767.39 million from 2022 to 2027, at a CAGR of 27.36%, according to the recent market study by Technavio. The growth of the market will be driven by the increasing internet penetration and its impact on the connected cars market, the applications of blockchain technology in connected cars, and the government regulations to increase in-vehicle safety and improvement in safety controls. Charts & data tables about market and segment sizes for a historic period (2017-2021) and forecast period (2023-2027) have been covered…