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The Connected Car Market 2014-2024

New C&M research report published: Global connected car market


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2014-01-10 06:53:02 - The Connected Car Market 2014-2024 - a new market research report on companiesandmarkets.com

The global Connected Car market is forecast to reach a value of around $25.2bn by the end of 2014. The increasing demand for wireless connectivity, demonstrated by the high level of penetration of smartphones and tablets, is driving the automotive industry to adjust to a new lifestyle consensus and incorporate in-vehicle internet connectivity solutions.These drivers offer the opportunity for new revenue streams and enhancement of customer loyalty within the Connected Car ecosystem. However, the Connected Car needs to overcome data privacy and driver-distraction concerns in order to become a mainstream standard feature.

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