IoT

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Car IoT will grow 19% over the next 5 years

cart telematics hud

The number of telematics using embedded systems is expected to grow a 19% from 133 million subscribers at the end of 2020 to 377 million car IoT systems by the end of 2026.

The latest research from IoT analyst firm Berg Insight, also points 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%.