In 2019, an estimated $20.2 billion will be invested in developed and emerging market rural cell-sites, a 1.2% increase from 2018, according to analyst firm ABI Research.
A major driving force for the implementation of enhanced connectivity in vehicles today is the demand for safer roads and the minimization of road fatalities.
Electric vehicles, or EVs, are on track to dominate global sales of passenger cars and buses by 2040, and to encroach significantly on the market for vans and short-distance trucking.
Worldwide spending on telecom services and pay TV services totaled $1.615 billion in 2018, an increase of 0.8% year over year, according to research firm IDC.
Conditions in the global semiconductor market have deteriorated rapidly since the start of the year, with research firm IHS Markit slashing its 2019 growth outlook by more than 10 percentage points.
