Automotive Telematics Market Share to Witness Steady Rise in the Coming Decade 2018-2026
The estimated value of the global automotive telematics market in 2018 is US$ 42,624 Mn, which is expected to expand at a CAGR of 8.4% to reach US$ 81,100 Mn by the end of 2026. The APAC automotive telematics market is projected to be valued at 12,199 Mn, accounting for a 28.6% value share in 2018. By 2026, this value is projected to reach US$ 25,921 Mn, i.e. a 32.0% value share, exhibiting a CAGR of 9.9%.
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