IDC predicts 16.8% annual growth rate of intelligent networked vehicle in 5 years

The compound annual growth rate of intelligent connected vehicle shipments in the next five years will be 16.8%, according to IDC Global Intelligent Connected Vehicle Forecast Report.

The compound annual growth rate of intelligent connected vehicle shipments in the next five years will be 16.8%, according to IDC Global Intelligent Connected Vehicle Forecast Report released on 21th May.

The intelligent connected car market will usher in a stage of rapid development.

Among them, shipments of vehicles that can connect to third-party service platforms and global intelligent connected vehicles equipped with embedded mobile networks reached 51.1 million in 2019, an increase of 45.4% compared with 2018.

IDC predicts that by 2023, global shipments of connected cars will further increase to 76.3 million units, with an annual growth rate of 9.3%.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/24/idc-predicts-16-8-annual-growth-rate-of-intelligent-networked-vehicle-in-5-years/.

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