Introduction:
The Asia-Pacific region is witnessing an unprecedented revolution in the automotive sector, fueled by the integration of Internet of Things (IoT) technology. The Asia-Pacific IoT in Automotive market, valued at USD 2,325.70 million in 2021, is projected to reach an impressive USD 33,545.12 million by 2028, exhibiting a remarkable CAGR of 47.6%. This article delves into the key factors propelling this growth, the emerging trends, and the transformative…