Connected Cars Market: A Look at the Industry's Advancements and Opportunities

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The global connected cars market size was USD 28.50 Billion in 2022 and is expected to register a steady revenue CAGR of 18.4% during the forecast period, according to la**** analysis by Emergen Research. Rapid advancements in sensing technology, rising demand for fuel efficient vehicles globally, and surge in the usage of telematics are key factors driving market revenue growth.