Global Predictive Vehicle Technology Market to Reach $221.8 Billion by 2030
The global market for Predictive Vehicle Technology estimated at US$48.1 Billion in the year 2022, is projected to reach a revised size of US$221.8 Billion by 2030, growing at a CAGR of 21.1% over the analysis period 2022-2030. ADAS, one of the segments analyzed in the report, is projected to record 20.7% CAGR and reach US$105 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Telematics segment is readjusted to a revised 22.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $14.3 Billion, While China is Forecast to Grow at 20.1% CAGR
The Predictive Vehicle Technology market in the U.S. is estimated at US$14.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$37.5 Billion by the year 2030 trailing a CAGR of 20.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.3% and 17.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14.5% CAGR.Select Competitors (Total 42 Featured) -
- Airbiquity
- Aisin Seiki
- Aptiv
- At&T
- Autoliv
- Cisco (Jasper)
- Cloudmade
- Cohda Wireless
- Continental
- Embitel
- Garrett Motion
- Harman (Samsung)
- Hella
- Infineon
- Kpit
- NXP
- Qualcomm
- Robert Bosch
- Sierra Wireless
- Valeo
- Verizon
- Visteon
- ZF
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Predictive Vehicle Technology - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 2: World 8-Year Perspective for Predictive Vehicle Technology by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
- Table 3: World Recent Past, Current & Future Analysis for ADAS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 4: World 8-Year Perspective for ADAS by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 5: World Recent Past, Current & Future Analysis for Telematics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 6: World 8-Year Perspective for Telematics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 7: World Recent Past, Current & Future Analysis for OBD by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 8: World 8-Year Perspective for OBD by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 9: World Recent Past, Current & Future Analysis for Safety & Security by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 10: World 8-Year Perspective for Safety & Security by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 11: World Recent Past, Current & Future Analysis for Pro-Active Alerts by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 12: World 8-Year Perspective for Pro-Active Alerts by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 13: World Recent Past, Current & Future Analysis for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 14: World 8-Year Perspective for Passenger Cars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 15: World Recent Past, Current & Future Analysis for Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 16: World 8-Year Perspective for Commercial Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 17: World Predictive Vehicle Technology Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
UNITED STATES
- Predictive Vehicle Technology Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 18: USA Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Hardware - ADAS, Telematics and OBD - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 19: USA 8-Year Perspective for Predictive Vehicle Technology by Hardware - Percentage Breakdown of Value Sales for ADAS, Telematics and OBD for the Years 2023 & 2030
- Table 20: USA Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Application - Safety & Security and Pro-Active Alerts - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 21: USA 8-Year Perspective for Predictive Vehicle Technology by Application - Percentage Breakdown of Value Sales for Safety & Security and Pro-Active Alerts for the Years 2023 & 2030
- Table 22: USA Recent Past, Current & Future Analysis for Predictive Vehicle Technology by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 23: USA 8-Year Perspective for Predictive Vehicle Technology by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
CANADA
- Table 24: Canada Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Hardware - ADAS, Telematics and OBD - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 25: Canada 8-Year Perspective for Predictive Vehicle Technology by Hardware - Percentage Breakdown of Value Sales for ADAS, Telematics and OBD for the Years 2023 & 2030
- Table 26: Canada Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Application - Safety & Security and Pro-Active Alerts - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 27: Canada 8-Year Perspective for Predictive Vehicle Technology by Application - Percentage Breakdown of Value Sales for Safety & Security and Pro-Active Alerts for the Years 2023 & 2030
- Table 28: Canada Recent Past, Current & Future Analysis for Predictive Vehicle Technology by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 29: Canada 8-Year Perspective for Predictive Vehicle Technology by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
JAPAN
- Predictive Vehicle Technology Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 30: Japan Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Hardware - ADAS, Telematics and OBD - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 31: Japan 8-Year Perspective for Predictive Vehicle Technology by Hardware - Percentage Breakdown of Value Sales for ADAS, Telematics and OBD for the Years 2023 & 2030
- Table 32: Japan Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Application - Safety & Security and Pro-Active Alerts - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 33: Japan 8-Year Perspective for Predictive Vehicle Technology by Application - Percentage Breakdown of Value Sales for Safety & Security and Pro-Active Alerts for the Years 2023 & 2030
- Table 34: Japan Recent Past, Current & Future Analysis for Predictive Vehicle Technology by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 35: Japan 8-Year Perspective for Predictive Vehicle Technology by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
CHINA
- Predictive Vehicle Technology Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 36: China Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Hardware - ADAS, Telematics and OBD - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 37: China 8-Year Perspective for Predictive Vehicle Technology by Hardware - Percentage Breakdown of Value Sales for ADAS, Telematics and OBD for the Years 2023 & 2030
- Table 38: China Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Application - Safety & Security and Pro-Active Alerts - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 39: China 8-Year Perspective for Predictive Vehicle Technology by Application - Percentage Breakdown of Value Sales for Safety & Security and Pro-Active Alerts for the Years 2023 & 2030
- Table 40: China Recent Past, Current & Future Analysis for Predictive Vehicle Technology by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 41: China 8-Year Perspective for Predictive Vehicle Technology by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
EUROPE
- Predictive Vehicle Technology Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 42: Europe Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 43: Europe 8-Year Perspective for Predictive Vehicle Technology by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
- Table 44: Europe Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Hardware - ADAS, Telematics and OBD - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 45: Europe 8-Year Perspective for Predictive Vehicle Technology by Hardware - Percentage Breakdown of Value Sales for ADAS, Telematics and OBD for the Years 2023 & 2030
- Table 46: Europe Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Application - Safety & Security and Pro-Active Alerts - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 47: Europe 8-Year Perspective for Predictive Vehicle Technology by Application - Percentage Breakdown of Value Sales for Safety & Security and Pro-Active Alerts for the Years 2023 & 2030
- Table 48: Europe Recent Past, Current & Future Analysis for Predictive Vehicle Technology by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 49: Europe 8-Year Perspective for Predictive Vehicle Technology by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
FRANCE
- Predictive Vehicle Technology Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 50: France Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Hardware - ADAS, Telematics and OBD - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 51: France 8-Year Perspective for Predictive Vehicle Technology by Hardware - Percentage Breakdown of Value Sales for ADAS, Telematics and OBD for the Years 2023 & 2030
- Table 52: France Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Application - Safety & Security and Pro-Active Alerts - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 53: France 8-Year Perspective for Predictive Vehicle Technology by Application - Percentage Breakdown of Value Sales for Safety & Security and Pro-Active Alerts for the Years 2023 & 2030
- Table 54: France Recent Past, Current & Future Analysis for Predictive Vehicle Technology by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 55: France 8-Year Perspective for Predictive Vehicle Technology by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
GERMANY
- Predictive Vehicle Technology Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 56: Germany Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Hardware - ADAS, Telematics and OBD - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 57: Germany 8-Year Perspective for Predictive Vehicle Technology by Hardware - Percentage Breakdown of Value Sales for ADAS, Telematics and OBD for the Years 2023 & 2030
- Table 58: Germany Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Application - Safety & Security and Pro-Active Alerts - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 59: Germany 8-Year Perspective for Predictive Vehicle Technology by Application - Percentage Breakdown of Value Sales for Safety & Security and Pro-Active Alerts for the Years 2023 & 2030
- Table 60: Germany Recent Past, Current & Future Analysis for Predictive Vehicle Technology by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 61: Germany 8-Year Perspective for Predictive Vehicle Technology by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
ITALY
- Table 62: Italy Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Hardware - ADAS, Telematics and OBD - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 63: Italy 8-Year Perspective for Predictive Vehicle Technology by Hardware - Percentage Breakdown of Value Sales for ADAS, Telematics and OBD for the Years 2023 & 2030
- Table 64: Italy Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Application - Safety & Security and Pro-Active Alerts - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 65: Italy 8-Year Perspective for Predictive Vehicle Technology by Application - Percentage Breakdown of Value Sales for Safety & Security and Pro-Active Alerts for the Years 2023 & 2030
- Table 66: Italy Recent Past, Current & Future Analysis for Predictive Vehicle Technology by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 67: Italy 8-Year Perspective for Predictive Vehicle Technology by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
UNITED KINGDOM
- Predictive Vehicle Technology Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 68: UK Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Hardware - ADAS, Telematics and OBD - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 69: UK 8-Year Perspective for Predictive Vehicle Technology by Hardware - Percentage Breakdown of Value Sales for ADAS, Telematics and OBD for the Years 2023 & 2030
- Table 70: UK Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Application - Safety & Security and Pro-Active Alerts - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 71: UK 8-Year Perspective for Predictive Vehicle Technology by Application - Percentage Breakdown of Value Sales for Safety & Security and Pro-Active Alerts for the Years 2023 & 2030
- Table 72: UK Recent Past, Current & Future Analysis for Predictive Vehicle Technology by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 73: UK 8-Year Perspective for Predictive Vehicle Technology by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
REST OF EUROPE
- Table 74: Rest of Europe Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Hardware - ADAS, Telematics and OBD - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 75: Rest of Europe 8-Year Perspective for Predictive Vehicle Technology by Hardware - Percentage Breakdown of Value Sales for ADAS, Telematics and OBD for the Years 2023 & 2030
- Table 76: Rest of Europe Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Application - Safety & Security and Pro-Active Alerts - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 77: Rest of Europe 8-Year Perspective for Predictive Vehicle Technology by Application - Percentage Breakdown of Value Sales for Safety & Security and Pro-Active Alerts for the Years 2023 & 2030
- Table 78: Rest of Europe Recent Past, Current & Future Analysis for Predictive Vehicle Technology by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 79: Rest of Europe 8-Year Perspective for Predictive Vehicle Technology by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
ASIA-PACIFIC
- Predictive Vehicle Technology Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 80: Asia-Pacific Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Hardware - ADAS, Telematics and OBD - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 81: Asia-Pacific 8-Year Perspective for Predictive Vehicle Technology by Hardware - Percentage Breakdown of Value Sales for ADAS, Telematics and OBD for the Years 2023 & 2030
- Table 82: Asia-Pacific Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Application - Safety & Security and Pro-Active Alerts - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 83: Asia-Pacific 8-Year Perspective for Predictive Vehicle Technology by Application - Percentage Breakdown of Value Sales for Safety & Security and Pro-Active Alerts for the Years 2023 & 2030
- Table 84: Asia-Pacific Recent Past, Current & Future Analysis for Predictive Vehicle Technology by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 85: Asia-Pacific 8-Year Perspective for Predictive Vehicle Technology by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
REST OF WORLD
- Table 86: Rest of World Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Hardware - ADAS, Telematics and OBD - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 87: Rest of World 8-Year Perspective for Predictive Vehicle Technology by Hardware - Percentage Breakdown of Value Sales for ADAS, Telematics and OBD for the Years 2023 & 2030
- Table 88: Rest of World Recent Past, Current & Future Analysis for Predictive Vehicle Technology by Application - Safety & Security and Pro-Active Alerts - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 89: Rest of World 8-Year Perspective for Predictive Vehicle Technology by Application - Percentage Breakdown of Value Sales for Safety & Security and Pro-Active Alerts for the Years 2023 & 2030
- Table 90: Rest of World Recent Past, Current & Future Analysis for Predictive Vehicle Technology by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 91: Rest of World 8-Year Perspective for Predictive Vehicle Technology by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Airbiquity
- Aisin Seiki
- Aptiv
- At&T
- Autoliv
- Cisco (Jasper)
- Cloudmade
- Cohda Wireless
- Continental
- Embitel
- Garrett Motion
- Harman (Samsung)
- Hella
- Infineon
- Kpit
- NXP
- Qualcomm
- Robert Bosch
- Sierra Wireless
- Valeo
- Verizon
- Visteon
- ZF
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 93 |
| Published | April 2024 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 48.1 Billion |
| Forecasted Market Value ( USD | $ 221.8 Billion |
| Compound Annual Growth Rate | 21.1% |
| Regions Covered | Global |
