Automotive Telematics Market: How EVs and Software-Defined Vehicles are Shaping its Evolution
The global automotive telematics market was valued at USD 49.85 billion in 2022 and is projected to surge to USD 170.43 billion by 2030, exhibiting a robust Compound Annual Growth Rate (CAGR) of 16.6% from 2023 to 2030. This significant expansion is primarily driven by the increasing demand for high-performance, fuel-efficient, and technologically advanced vehicles, which necessitates...
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