Global Smart City Connected Car Market size was valued US$ XX Bn in 2019 and the total revenue is expected to grow at XX% through 2020 to 2027, reaching US$ XX Bn.

Global Smart City Connected Car Market

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The report has covered region wise market trends with competitive landscape. The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Global Smart City Connected Car Market Drivers and Restrains:

Connected cars use devices that allow access to the Internet and wireless local area networks (WLAN). Connectivity opens communication channels among the vehicle and its surroundings, through ad hoc networks and advanced management systems. Information and communication technologies (ICT) and the internet of things (IoT) innovations are important for organizing and maintaining smart city transport infrastructure. IoT devices give cities the ability to form an intelligent, unified mobility system to increase traffic congestion, reduced energy consumption, and motor safety. In smart cities, connected cars can copuled with advanced traffic management systems to generate a seamless driving experience for travelers. Connected cars collect and share real-time data about pedestrians, roads, surrounding vehicles, and cyclists. Smart cities can use this information to offer residents with better transportation services, such as efficient incident response, traffic optimization and re-routing.

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