Dublin, July 23, 2026 (GLOBE NEWSWIRE) -- The "Connected Vehicle Technology Market Global Report 2026" has been added to ResearchAndMarkets.com's offering. The global connected vehicle technology market is experiencing rapid expansion as automakers, fleet operators and technology providers increase investment in digital mobility solutions. The market is projected to grow from $45.99 billion in 2025 to $51.86 billion in 2026, representing a compound annual growth rate of 12.8%. By 2030, the connected vehicle technology market is expected to reach $84.54 billion, expanding at a CAGR of 13% from 2026. Growth is being supported by the rising penetration of electric and autonomous vehicles, demand for real-time vehicle diagnostics, adoption of predictive maintenance systems and development of software-defined vehicle architectures. The expansion of 5G networks and smart city infrastructure is also strengthening connected mobility ecosystems. Ultra-low-latency communications enable vehicles to exchange information with other vehicles, road infrastructure, cloud platforms and mobility networks. Key market trends include vehicle-to-everything communication, embedded telematics control units, over-the-air software updates, AI-powered vehicle health monitoring and cloud-based fleet management platforms. Rising urban traffic congestion is creating additional demand for connected vehicle technology. Real-time data exchange can improve traffic coordination, optimize route selection and reduce delays across densely populated areas. According to the UK Department for Transport, vehicles traveled 330.8 billion miles on roads in Great Britain during 2023, an increase of 2.2% compared with 2022. Continued growth in road use is increasing pressure on transportation networks and supporting investment in intelligent mobility systems. Automotive manufacturers are introducing flexible connected service packages to improve accessibility and generate recurring digital revenue. In April 2026, Stellantis N.V. launched a two-tier connected vehicle offering. Its Connect One package is included in the vehicle purchase price and provides services such as emergency assistance and remote charging management. A subscription-based tier offers additional advanced