The Impact of Electric Vehicles on the Connected Car Market (2023-2030)

The global connected car market was valued at around US $64.78BN in 2022 and is expected to reach US $250.54BN by 2030 with a CAGR of 18.21% during the forecast peri
The Connected Car Market has been experiencing remarkable growth over the last few years, driven by technological advancements and an increasing demand for smart and connected vehicles. Connected cars, equipped with advanced communication and entertainment systems, have revolutionized the automotive industry, providing numerous benefits to both manufacturers and consumers.

One of the primary drivers behind the growth of the Connected Car Market is the rising consumer interest in staying connected while on the move. Modern consumers seek seamless connectivity, and automakers have responded by integrating cutting-edge technology into their vehicles. This trend has led to the rapid expansion of the market, as more automakers race to offer innovative solutions.