Consumer demand and safety mandates to propel value of connected car market
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A report from Transparency Market Research argues that the global connected car market will benefit from new avenues with advancements in network technology – however, the key drivers for growth will be consumer demand for connectivity and safety mandates put in place by governments across the globe.
As a result, the report projects that the value of the global connected car market will reach $131.9 billion (GBP 85.4 billion) by 2019. Hindrances to growth will the presence of...