Iot In Automobile Market

Adamfrost98725 Nov, 2022Business

Data Bridge Market Research analyses that the IoT in automobile market will exhibit a CAGR of 22.10% for the forecast period of 2021-2028. Rising demand and application of connected technology in the vehicles, rising demand for infotainment and real time vehicle tracking system and increased adoption of advanced technological solutions such as artificial intelligence and machine learning by the automotive industry are the major factors attributable to the growth of IoT in automobile market.