Key Trends Shaping the Future of Passenger Vehicle Telematics Market [2029]
According to TechSci Research report, “ Passenger Vehicle Telematics Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the Global Passenger Vehicle Telematics Market stood at USD 25.53 Billion in 2023 and is anticipated to grow with a CAGR of 11.25% in the forecast period, 2025-2029. The global Passenger Vehicle Telematics Market is experiencing robust growth driven by the convergence of technological innovation and heightened consumer expectations. Telematics, the integration of telecommunications and informatics, is reshaping the automotive landscape by providing an array of connected services. The demand for connected cars equipped with advanced telematics systems is escalating, with consumers seeking features such as real-time navigation, emergency assistance, and enhanced safety functionalities. Government regulations mandating safety measures in vehicles have spurred the integration of telematics s...