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THE CONNECTED CAR REPORT: Forecasts, competing technologies, and leading manufacturers

Published by Business Insider on Thu, 18 Aug 2016


The connected car is already on the market and generating significant revenue for car makers and tech companies.Over the past year, there has been a significantuptick in the number of connected cars on the road. And as internet integration becomes more commonplace, the automobile as we know it will transform.Over the next five to 10years, thisinternet integration is expected tochange the car ownership model, create a new platform for consumers to access content, leadto fully autonomous vehicles,and revolutionize the auto industry.The market position of the car today is similar towhere the smartphone was in 2010 it's just taken off and is ready to explode.In a new report from BI Intelligence, we examine the transformation of the automobile. We examine all areas of the changing automotive market, includingthe market size for connected cars, automakers benefits and connection strategies, market leaders,consumer demand, and more.Here are some of the key takeaways from the report:Over 380 million connected cars will be on the road by 2021. The market has seen a significant increase in automakers plans to connect the majority of the vehicles they sell and as a result, we've increased our 2015 forecast.Automakers are connecting the vehicles they sell because the connection offers clear business opportunities.Consumers are adopting the connected car faster than expected. We identify the 3 factors thatcausing the increase in demand.Tech companies will play a major role in the future of the automotive market. The big question is whether tech companies will eventually manufacture cars'Fully autonomous cars are only a few years away. Technological, regulatory, and consumer adoption hurdles still remain, but there have been many strides towards a car that can drive itself from point A to point B with little to no human interaction.In full the report:Forecasts connected car shipmentsIdentifies automakers strategy for connectionAnalyzes consumer interest in the connected carExamines Apple CarPlay and Android AutoDiscusses the potential changing car ownership modelDescribes the evolution of the self-driving carIdentifies top connected car and fully autonomous car barriersInterested in getting the full report' Here are twoways to access it:Subscribe to anAll-Accesspass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensureyou stay ahead of the curve and benefit personally and professionally. >> Learn MoreNowPurchase & download the full report fromour research store. >> Purchase & Download NowJoin the conversation about this story
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