Embedded car telematics market to see 19% CAGR over the next 5 years

Embedded Telematics Vehicle

The number of telematics service subscribers using embedded systems is expected to grow at a compound annual growth rate (CAGR) of 19 percent from 133 million subscribers at the end of 2020 to 377 million by the end of 2026.

The latest research from IoT analyst firm Berg Insight, the report also forecasts that global shipments of embedded car OEM telematics systems will grow from 41 million to 77 million units in the same time period, which represents an attach rate of 91...