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Global connected cars market will reach $373.4 billion by 2030, growing by a revised 2020-2030 CAGR of 18.8% by sales revenue and 11.2% by sales units driven by growing demand for improved driving experience, introduction of IoT in the automotive industry, surging concerns regarding safety and security, the growing research and development, and support from state and federal governments.
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Connected Cars Industry: Will Drive Demand for Automotive Cybersecurity Products Get Premium PDF Report: https://bit.ly/2PrWvGr Global connected cars market will reach $373.4 billion by 2030, growing by a revised 2020-2030 CAGR of 18.8% by sales revenue and 11.2% by sales units driven by growing demand for improved driving experience, introduction of IoT in the automotive industry, surging concerns regarding safety and security, the growing research and development, and support from state and federal governments. Connected Car Hardware • Head Unit • Central Gateway (CGW) • Intelligent Antenna • Electronic Control Unit (ECU) • Telematic Control Unit (TCU) • Keyless Entry Systems • Sensors The automotive ecosystem is shifting toward integrating multiple domains, such as the Internet of Things (IoT), connected vehicles, autonomous vehicles, and vehicle-to-everything (V2X) communication. This growing consolidation and shift in focus will define the software-defined, connected cars of the future.