Automotive Connectivity Market Set to Expand as Demand for Smart, Connected Vehicles Accelerates | FMI Reports

The global automotive connectivity market is forecasted to grow at a steady CAGR of 19% during the forecast period. Currently valued at USD 33.42 billion in 2023, the market is expected to reach an impressive USD190.29 billion by 2033. This growth underscores the increasing demand for connected vehicle solutions that enhance safety, efficiency, and in-car …

Automotive Connectivity Market: Projected Surge to US$ 190.29 Billion by 2033, Propelled by a Robust 19% CAGR Growth Trajectory

The global Automotive Connectivity Market is projected to register at a moderate-paced CAGR of 19% over the forecast period. The automotive connectivity market is currently valued at US$ 33.42 Billion in 2023. By 2033, demand for automotive connectivity is expected to reach a high of US$ 190.29 Billion. The demand for automotive connectivity is anticipated …