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Global Connected Cars Market Growth, Developments Analysis and Precise Outlook 2023 to 2032 | Robert Bosch GmbH, Ford Motor Company, BMW, Audi AG, General Motors
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
As per the Connected Cars market report by The Business Research Company, An increase in efforts by governments to develop intelligent transportation systems will drive the connected car market. During the period, government efforts for the development of connected and autonomous cars contributed to the connected car market's growth. For instance, in the UK, government efforts were significant for the development of connected cars.
The global connected cars market size will grow from $69.20 billion in 2022 to $80.04 billion in 2023 at a compound annual growth rate (CAGR) of 15.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global connected cars market size is expected to grow to $143.27 billion in 2027 at a CAGR of 15.7%.
Read More On The Connected Cars Market Report Here:
https://www.thebusinessresearchcompany.com/report/connected-cars-global-market-report
Major competitors in the Connected Cars market include Robert Bosch GmbH, Ford Motor Company, BMW, Audi AG, General Motors, Delphi, AT&T Inc., Airbiquity, Visteon, and Mercedes-Benz.
The Connected Cars market is segmented -
•By Product Type: Embedded, Tethered, Integrated, Other Product Types
•By Services: Driver Assistance, Safety, Entertainment, Well-Being, Vehicle Management, Mobility Management, Other Services.
•By Application: Navigation, Infotainment, Telematics. Asia-Pacific was the largest region in the connected cars market in 2022
Request A Free Sample Of The Connected Cars Market Report Here:
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Connected cars are cars empowered with internet access and a local area network that helps to communicate with other vehicles. These cars have a wide range of sensors that transmit and receive signals from the manufacturers in conjunction with the services to enhance the consumer experience with the real-time interaction of the vehicles. These cars can be connected with smartphones or other mobile phones and allow the driver to mechanically monitor the performance of the car.
The Table Of Content For The Connected Cars Market Include:
1. Executive Summary
2. Connected Cars Market Characteristics
3. Connected Cars Market Trends And Strategies
4. Connected Cars Market - Macro Economic Scenario
5. Connected Cars Market Size And Growth
……
26. Africa Connected Cars Market
27. Connected Cars Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Connected Cars Market
29. Connected Cars Market Future Outlook and Potential Analysis
30. Appendix
The "Global Connected Cars Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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