Connected Car Market Size, Share & Trends [2030]
The global connected car market is projected to grow from USD 12.4 Billion in 2024 to USD 26.4 Billion by 2030 at a CAGR of 13.3%. The connected car market is experiencing exponential growth, driven by various factors. Foremost is the surging consumer demand for constant connectivity and reliance on technology, particularly among tech-savvy populations. This insatiable need for connectivity is being...
Connected Tires Market Size, Share, Growth Report 2028
The global connected tires market size is projected to grow from USD 4 million in 2023 to USD 54 million by 2028, at a CAGR of 67.1%. Growing demand for road safety, increased vehicle features are driving the demand for connected tires. With features like tire pressure monitoring, tread wear analysis, and temperature sensing, connected tires offer enhanced safety on the road. Drivers and fleet managers...
Advanced Driver Assistance System (ADAS): Technological Revolution Fueling Market Growth
The Global Advanced Driver Assistance System (ADAS) Market is projected to reach USD 74.9 billion by 2030, from USD 27.2 billion in 2021, at a CAGR of 11.9%. The growth of the market is driven by the growing demand for driver assistance systems and stringent safety mandates for a safer driving experience.
Upcoming safety mandates and increasing focus on sophisticated driving assistance features would...
Smart Transportation Market Fuelled by Advancing Technologies
Intelligent transportation systems provide innovative transportation and traffic management solutions. They solutions make different modes of transport manageable, safer, coordinated and smart. Traffic congestions lead to delays and safety issues across the world. As a result, governments and road safety management organizations are adopting advanced and automated transportation systems. This is the...
Scope and Applications of Smart Transportation
As the name suggests, smart transportation system (STS) involves different innovative technologies related to different modes of transport. Numerous users of these transport modes get better, smarter and highly coordinated information. This technology is also known as intelligent transport system. This technology is all about increasing intelligence level of the transport system. Smart transport consists...