Question
Looking for help in putting these small paragraphs into your own word, please. CAGR, compound annual growth rate, is the rate of return that would
Looking for help in putting these small paragraphs into your own word, please.
CAGR, compound annual growth rate, is the rate of return that would be required for an investment to grow from its beginning balance to its ending one. As you can see in Figure 5, the CAGR for connected cars and trucks is much higher than cars and light trucks. loT technology for connected cars and trucks requires a bigger investment.
The fastest growing competitor is VW. Currently VW is leading with the highest revenue. The market share percentage for connected cars and light trucks dramatically increases over the next ten years for them. They go from 9% to 13.19%. They are the only company with an increase in market share for car and light trucks over the next ten years.
TAM, total available market, is the overall revenue opportunity that is available to a product if 100% market share was achieved. This will help to identify the different level of effort we should put into incremental innovation. In the second table below, there is a better opportunity in connected cars and light trucks.
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