Automotive Telematics market to reach USD6.7 billion by 2023, says IHS Markit
Hybrid telematics is expected to see the strongest growth in the next seven years
Automotive telematics systems market is forecast to grow at a compound annual growth rate (CAGR) of around 17% to more than USD6.7 billion by the end of 2023, according to a new research by IHS Markit. The robust growth in automotive telematics is expected to be driven by continued innovation in vehicle connectivity and safety technologies.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
