LG Electronics automotive telematics global market share 2017-2022
It was estimated that LG Electronics would account for around 23.3 percent of the global automotive telematics market in 2022. 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 8.65 trillion South Korean won in 2022.
