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Unlocking The Future Of IoT: Connected Cars
PCQuest
|July 2017
5G will enable connected cars to send and receive messages 10 times faster.
According to a recent report, the global connected car market is expected to grow from 5.1 Million units in 2015 to 37.7 Million units by 2022, at a CAGR of 35.54% during the forecast period. Adoption of telematics units and advances in tech with emphasis on driver and passenger experience along with safety and cyber security are ushering in a new era of growth for connected cars globally.
India is expected to emerge as a huge market for such vehicles. Currently, less than 2 percent of all vehicles sold in the country have some form of connectivity embedded in them. But our experience with smartphones has shown that mass adoption of technology can happen fast provided we are comfortable with the price tag.
Safe driving
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