Overview:
- Global automotive NAD module shipments are expected to grow with a CAGR of 16% between 2020 to 2025.
- 5G contribution in revenue will rise to nearly 60% by 2025.
- Electric vehicles, favourable government regulations and e-commerce growth are driving demand for connectivity in vehicles.
- By 2025, one out of every five connected cars is projected to have embedded 5G connectivity.
- The higher average selling price (ASP) and semiconductor shortages aren’t helping quick 5G adoption, as projected a couple of years ago.
Table of Contents:
- Key Takeaways
- Definition
- Ecosystem Analysis
- Market Trends
- Forecast Analysis
- Use Cases
Number of Pages: 45
Published Date: September 2021