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The global connected car market size is expected to reach USD 186.49 billion by 2032, according to a new study by Polaris Market Research.
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Connected Car Market Expected to reach USD 186.49 Billion By 2032 | CAGR: 22.30% Connected Car Market Share, Size, Trends, Industry Analysis Report, By Connectivity (Embedded, Tethered, Integrated); By Technology; By Application; By Sales Channel; By Region; Segment Forecast, 2024- 2032
❑ Connected Car Market Estimate & Forecast Global connected car market size and share is currently valued at USD 30.44 billion in 2023 and is anticipated to generate an estimated revenue of USD 186.49 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 22.30% CompoundAnnual Growth Rate (CAGR) over the forecasted timeframe, 2024 - 2032 Ongoing technological progressions in 5G connectivity and the Internet of Things (IoT) are enhancing the capabilities of connected cars. High-speed and low-latency 5G networks are crucial for real-time communicationand data exchange within connected vehicles. 2 Copyright © Polaris Market Research & Consulting LLP 2022. All Rights Reserved
❑ Connected Car Market 3 Copyright © Polaris Market Research & Consulting LLP 2022. All Rights Reserved
❑ Connected Car Market Competitive Landscape The study then includes the competitive insights of market across various regions wherein our research analysts explores in-depth profiles of main players along with new product launches, recent technologies influencing the target market. The competitive study section also contains production, major development strategies, revenue, and growth rate for the leading players. This assessment will aid market players to stay ahead of competitive landscape and boost productivity. Majorplayers operatingin the marketare: • ALE International • Apple Inc. • Aptiv • AUDIAG • BMWAG • ContinentalAG • Denso Corporation • Ford Motor Company • General Motors • Google LLC • HarmanInternational Browse Complete Report 4 Copyright © Polaris Market Research & Consulting LLP 2022. All Rights Reserved
❑ About Us Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for a clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors, and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments, and the latest business- centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and highly comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. qualified team of experts Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com 5 Copyright © Polaris Market Research & Consulting LLP 2022. All Rights Reserved
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