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Users of embedded telematics services will reach over 258 mln by end 2023 - Berg

Monday 3 September 2018 | 16:13 CET | News
The number of telematics service subscribers using embedded systems is expected to reach 258.1 million by the end of 2023, from 49 million at the end of 2017, with the five-year compound annual growth rate going to almost 32 percent, according to the latest report from Berg. The shipment of embedded car OEM telematics systems worldwide will meanwhile jump to 67.2 million, with an attach rate of 71.7 percent, from 26.8 million. Growth is getting support from more connected car services and a high attach rate among premium car brands. They are also becoming increasingly common in mid-range

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Categories: Mobile & Wireless
Companies: BMW / Hyundai / Onstar
Countries: World
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