Connected Car
According to the report published, the global connected car market generated $63.03 billion in 2019, and is estimated to reach $225.16 billion by 2027, registering a CAGR of 17.1% from 2020 to 2027. Drivers, restrains, and opportunities-Rise in trend of connectivity solutions, ease of vehicle diagnosis, and increase in need of safety & security measures drive the growth of the global connected car market. However, threat of data hacking, high installation cost, and lack of uninterrupted and seamless internet connectivity hinder the market growth. The OEM segment garnered lion's share in 2019-Based on end user, the OEM segment accounted for more than two-thirds of the global connected car market in 2019, due to increased adoption of connected services in the vehicles. Airbiquity Inc.Robert Bosch GmbHContinental AGIntellias Ltd.𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞:-Automotive Blockchain Market- https://www.alliedmarketresearch.com/automotive-blockchain-marketCommercial Telematics Market- https://www.alliedmarketresearch.com/commercial-telematics-marketCar GPS Navigation System Market- https://www.alliedmarketresearch.com/car-GPS-navigation-system-marketIn-Dash Navigation System Market- https://www.alliedmarketresearch.com/in-dash-navigation-system-marketAutonomous Vehicle Market- https://www.alliedmarketresearch.com/autonomous-vehicle-market