Global Connected-Vehicle Shipments to Reach 76.3 Million Units in 2023, Says IDC

Worldwide shipments of connected vehicles, including "options" for factory-embedded and aftermarket connectivity, will reach 51.1 million units this year, a 45.4 percent increase from 2018, reported IDC Thursday. It expects shipments to reach 76.3 million units in 2023, based on 16.8 percent five-year compound annual growth rate, it said. IDC predicts that nearly 70 percent of new light-duty vehicles and trucks globally will be shipped with embedded connectivity in 2023, including 90 percent of new vehicles in the U.S.: "The automotive ecosystem is positioning the vehicle as the next, emerging digital platform. Deploying embedded or aftermarket connectivity at scale will be key to unlocking its potential."