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

Related Content

  • August 19, 2013
    Rail opportunities in Saudi Arabia
    Saudi Arabia has committed around US$97 billion between 2010 and 2040 into railway infrastructure, with approximately US$17 billion to be invested between 2010 and 2025 in an advanced and integrated multimodal transport system. In addition, the Kingdom will invest in multiple metro transport projects to address traffic and public transport challenges, including Jeddah, Riyadh and Mecca which will all break ground between 2013 and 2014. The Saudi Rail Forum 2013 will bring together local and internationa
    Read More
  • May 17, 2012
    Future EV owners can make money from the power grid
    In what is being claimed as a landmark research report published by Ricardo and National Grid in the UK, the market potential is demonstrated for an electric plug-in vehicle fleet of the future to provide balancing services to the power grid on a commercial basis, returning value to vehicle owners while improving the carbon efficiency of grid operation.
    Read More
  • July 31, 2012
    TRW announces next-gen pedestrian protection system
    TRW is announcing its next generation pedestrian protection system (PPS) - a robust and reliable system using a combination of acceleration and pressure sensing technologies to detect a pedestrian impact. "While the auto industry continues its focus on reducing injuries in single and multiple vehicle crashes and reductions in deaths and injuries have been realised in developed markets, pedestrian fatalities continue to increase globally," said Peter Lake, executive vice president of sales and business devel
    Read More
  • September 13, 2013
    IBTTA applauds new interstate study
    A new study, Interstate 2.0: Modernising the Interstate Highway System via Toll Finance, by US public policy think tank, the Reason Foundation, details how much it will cost to reconstruct and widen Interstate highways in all 50 states and shows how to pay for the modernisation efforts with toll revenues. It makes the case for lifting the federal prohibition on tolling existing lanes of the Interstate highway system and states: “…as the reality of the cost of Interstate reconstruction and modernisation s
    Read More

Highlighted Content