Automotive telematics global market share of LG Electronics 2017-2023
It was estimated that LG Electronics would account for around 24.1 percent of the global automotive telematics market in 2023. Due to the growing demand of autonomous driving technology and IoT connectivity in the automotive industry, the automotive telematics market is expected to continue growing. The revenue from LG Electronics' vehicle component sector has increased significantly every year to around 10.15 trillion South Korean won in 2023.
