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The Global Connected Trucks Market is anticipated to grow at a CAGR of over 15% during the forecast period, due to the growing demand for vehicle connectivity in logistics and transportation business. Moreover, reduction in vehicle recalls due to vehicle data updates coupled with the increasing demand for infotainment is further escalating the growth of the market. In terms of range, the Dedicated Short Range Communication (DSRC) segment is anticipated to grow at the highest CAGR during the forecast period owing to rising radar and LiDAR based safety systems such as blind spot detection and adaptive cruise control.