Vehicle Roadside Assistance Market 2030: Key Trends Shaping the Industry
The global vehicle roadside assistance market size is expected to reach USD 35.36 billion by 2030, registering a CAGR of 4.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Vehicle roadside assistance has become an essential service for drivers, providing emergency support for unexpected issues like flat tires, battery problems, and lockouts. With increasing vehicle ownership and traffic congestion, the demand for roadside assistance has surged. Factors like heightened awareness of road safety and expanded service offerings, including subscription models, have further fueled market growth. Advancements in technology, such as artificial intelligence (AI), GPS, telematics, and the Internet of Things (IoT), are driving the market forward. AI optimizes vehicle dispatching, ensuring quick responses. Telematics enables real-time data transmission, allowing for faster diagnoses and more efficient service. In addition, mobile apps offer users convenient platforms t...