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[Organization: The global number of connected cars is expected to exceed 1 billion in 2035, with a compound annual growth rate of 8.3%] September 28th, according to Omdia’s latest research, the global number of connected cars is expected to exceed 1.05 billion, more than doubling from 473.7 million in 2025, with a compound annual growth rate (CAGR) of 8.3%. As the market continues to expand, the next phase of connected car development will focus more on tighter service level agreements (SLAs), over-the-air (OTA) update plans, and service-based architectures that can generate cyclical revenue opportunities.
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