Connected Car Devices Market is growing at a CAGR of 16.03%, to reach a market size of USD 57.15 Billion by 2021
The report "Connected Car Devices Market by Communication Type (V2V, V2I, V2P), Connectivity Type (DSRC, Cellular Network), Product Type (Das, Telematics), Vehicle Type (PC, LCV & HCV), Electric Vehicle Type (BEV, HEV, PHEV, FCV) and Region - Global Forecast to 2021", The connected car devices market is projected to grow at a CAGR of 16.3% from 2016 to 2021, to reach USD 57.15 Billion by 2021. Some of the major factors responsible for the growth of the market are government regulations for safety and increasing electrification of vehicles.
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