Automotive Navigation Systems Market Size Worth USD 56.91 Billion in 2030

by ashwinisharma

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Automotive Navigation Systems Market Size Worth USD 56.91 Billion in 2030

  • Joined May 2022
  • Published Books 37

The global automotive navigation systems market size is expected to reach USD 56.91 Billion in 2030 and register a revenue CAGR of 7.3% over the forecast period, according to latest analysis by Emergen Research. Growth of automotive industry, increased traffic congestion, rising adoption of automotive Global Positioning System (GPS) navigation systems, rising population, rising demand for real-time traffic data, and rising investment in the development of automotive infrastructure in emerging countries are key factors expected to support market revenue growth between 2022 and 2030.

 

Read More: https://www.emergenresearch.com/industry-report/automotive-navigation-systems-market

 

There has been an increase in demand for navigational accuracy over the last few years. Moreover, GPS technology has progressed significantly in the last few years, making rides much easier and safer.

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