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Connected Car Market Value: 2024 to 2034

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SOURCE RESEARCH

Connected Car Telematics

Market Data | 3Q 2024 | MD-CCART-101

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The connected car market is valued at US$38.5 billion in 2024. ABI Research forecasts this number to grow at a CAGR of 3.2% through 2034, reaching a US$52.9 billion market valuation by then. Tethered connectivity will become increasingly nascent, with embedded connectivity accounting for nearly all the revenue for connected car solutions.

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