Connected Cars a $14 Billion Opportunity; Finds New Report
The report indicates that by the end of 2016, connected car services will account for $14 Billion in annual revenue. The growing proliferation of embedded in-vehicle connectivity and smartphone integration platforms has made connected cars one of the fastest growing segments of the IoT (Internet of Things) market. Keen to establish recurring post-sale service revenue streams, all major automotive OEMs are investing in connected car programs. Other ecosystem players, such as mobile operators and telematics specialists, are also vying to...
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