The Global Automotive Telematics Industry Is Expected to Reach $55.3 Billion by 2021
According to a new market report published by Lucintel, the future of the global automotive telematics industry looks promising with opportunities in the passenger car and light commercial vehicle. The global automotive telematics market is expected to reach an estimated $55.3 billion by 2021. The global automotive telematics market is forecast to grow at a CAGR of 27.4% from 2016 to 2021. The major drivers of growth for this market are increasing demand for integrated wireless communication systems within the...
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