The global installed base of connected vehicles is forecast to more than double to over 1.05 billion vehicles, up from 473.7 million in 2025, according to research by market intelligence firm Omdia.
The market is expected to grow at a compound annual growth rate of 8.3 per cent as automakers increasingly build connectivity into vehicles and their services.
LTE connectivity is already deeply embedded in a range of vehicle functions, including dynamic electric vehicle routing, over-the-air software updates, advanced driver assistance systems and real-time safety services.
Omdia’s analysis examined the global connected vehicle installed base according to modem type and assessed the operational and commercial implications of changing mobile network roadmaps.
The research highlights the need for automakers to align vehicle product planning with mobile operators’ network transition timelines.