Global connected car market expected to reach $325B by 2030: Report

A new industry report projects the global connected car market will reach $325 billion by 2030, driven by growth in telematics, in-vehicle infotainment, and software-defined vehicle platforms.

The report highlights Asia-Pacific and North America as the fastest-growing regions, with subscription-based data services expected to become a major revenue driver for OEMs over the next five years.

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