Data - the Octane Accelerating Intelligent Connected Vehicles
The digital revolution is making a deep impact on the automotive industry, offering practically unlimited possibilities for more efficient, convenient, and safe driving and travel experiences in connected vehicles. This revolution is just beginning to accelerate – in fact, according to a recent Applied Market Research study, the global connected car market was valued at $63.03 billion in 2019, and is projected to reach $225.16 billion by 2027, registering a CAGR of 17.1% from 2020 to 2027.