The proliferation of internet connectivity and deployment of 5G cellular technology in major countries such as China, India, South Korea, and Japan are expected to drive the demand for new connectivity features in cars in the Asia-Pacific (APAC) region.
As a result, the APAC connected vehicle technologies market is projected to grow at a compound annual growth rate (CAGR) of more than 4% during 2023-2028, forecast GlobalData, the data and analytics company.
Its latest report, Global Sector Overview & Forecast: Connected Vehicle Technologies – March 2024 reveals APAC held a significant share…
