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Connected Car Hardware Revenue

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SOURCE RESEARCH

Connected Car

Market Data | 4Q 2024 | MD-CCAR-110

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New connected car sales are widely expected to perform much better in 2023. While the pre-COVID-19 highs of 90 million+ are not expected to return until 2024, the partial market rebound, combined with an increasing adoption rate of connected car modules, is expected to produce robust growth of just over 10% in 2023.

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