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Technavio’s research study provides comprehensive information on the factors affecting the growth of the automotive connected car platform market across the following regions.
- APAC
- Europe
- North America
- South America
- MEA
Automotive Connected Car Platform Market in APAC:
“APAC occupied about 42% of the market share in 2020 and the region is offering significant growth opportunities for market vendors. The rising disposable income of consumers is creating strong demand for premium vehicles equipped with advanced features such as telematics and infotainment systems. Additionally, the growth of the luxury car segment will increase the market value in APAC during the forecast period,” says a senior analyst at Technavio.
The increasing number of road accidents, especially in countries such as India and rising incidence of vehicle thefts, and safety and security issues are driving the growth…