Around 420 million connected cars expected on the road in 2018

According to French think tank IDATE, there will be 420 million connected cars on the road by 2018, compared to 45 million in 2013, an annual growth of 57 per cent. IDATE attributes the development of the market to European safety regulations and manufacturers looking to identify new sources of revenue.
May 9, 2014 Read time: 2 mins
RSSAccording to French think tank 7768 IDATE, there will be 420 million connected cars on the road by 2018, compared to 45 million in 2013, an annual growth of 57 per cent. IDATE attributes the development of the market to European safety regulations and manufacturers looking to identify new sources of revenue.

Connected cars are equipped with internet access, allowing external communication and access to applications or terminals both inside and outside of the vehicle.

Three technical solutions currently exist: smartphones used to manage connectivity, on-board integrated technology dedicated to connected services and offering the most technical possibilities, or a combination of the two, with the smartphone used for entertainment purposes and the integrated system for Telematics services. The integrated system solution is set to lead the market with more than 222 million units expected to be sold in 2018. At present, the main business model for operators is B2B2C, with these operators looking to charge manufacturers for traffic generated. As for internet actors, 1691 Google is focusing on on-board technology and data collection to better target advertisements, while 493 Apple is offering new technology to allow an interface with its products.

Revenue from vehicle connectivity is expected to reach US$11.10 billion in 2018.
Location Based Systems

For more information on companies in this article

Related Content

  • Your Tesla Autopilot has arrived
    January 15, 2016
    Tesla Motors has announced the release of Tesla version 7 software which includes Tesla Autopilot. This uses the radar, camera, electric assist braking system fitted to its Model S to deliver a range of new active features including the automated driving capabilities already offered in the Model S.
    Read More
  • Need for secure approach to connected vehicle technology
    January 7, 2013
    Accidental or malicious issue of false messages to connected vehicles could result in dire consequences, so secure systems of authentication and certification are likely to be necessary, write Paul Avery and Sandra Dykes. Connectivity among vehicles in urban traffic systems will provide opportunity for beneficial impacts such as congestion reduction and greater safety. However, it also creates security risks with the potential for targeted disruption. Security algorithms, protocols and procedures must take
    Read More
  • Florida's free flow tolling eases congestion, improves safety
    July 24, 2012
    A decade since Florida's Turnpike Enterprise first deployed electronic toll collection, the organisation's Director of Toll Operations Rick Nelson and Tom S. Knuckey of PBS&J look at progress. A decade on from the deployment of Florida's Turnpike Enterprise's state-wide SunPass pre-paid Electronic Toll Collection (ETC) programme, transponder sales have ballooned from 5,000 to more than 4,000,000. Over 70 per cent of the state's turnpike drivers participate in the system and transponder sales continue to gro
    Read More
  • Cubic: predictive analytics is putting fortune tellers out of business
    November 23, 2018
    The rise of machine learning and artificial intelligence means that fortune tellers will soon be out of business. Ed Chavis takes a behind the scenes look at the world of predictive analytics ver since organisations started taking advantage of insights derived from Big Data, data scientists concentrated their efforts on the ability to make correct assumptions about the future. A few years later, with the help of automation, developments in machine learning (ML) and advancements in the application of a
    Read More

Highlighted Content