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Stock impact report

Connected Truck Global Market Report 2023 - Technological Advancements Reshape Connected Truck Industry, Boosting Efficiency and Productivity [Yahoo! Finance]

Aurora Innovation, Inc. - Class A (AUR) 
Company Research Source: Yahoo! Finance
This comprehensive report provides valuable insights into the connected truck market, including global market size, regional trends, competitive analysis, and growth projections. Connected trucks encompass both light commercial vehicles (LCVs) and heavy commercial vehicles, with LCVs playing a crucial role in delivery, passenger transport, and small business operations. These vehicles utilize dedicated short-range and long-range or cellular networks to enable various forms of communication, such as vehicle-to-vehicle (V2V), vehicle-to-cloud (V2C), and vehicle-to-infrastructure (V2I). Their applications span from driver assistance and safety to entertainment, well-being, vehicle management, and mobility management. The global connected truck market is poised for substantial growth, with a projected increase from $25.59 billion in 2022 to $30.10 billion in 2023, representing a remarkable compound annual growth rate (CAGR) of 17.6%. Furthermore, the market is anticipated to reach a Show less Read more
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