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Connected Car Industry Expected to Exceed $130B Annually by 2019

Drivers pushing for real-time navigation information.

by on Dec.30, 2016

The technology behind navigation systems providing real-time traffic data will grow to a $131.9 billion business by 2019.

The global connected car market is expected to grow into a $131.9 billion industry by 2019. It will be a separate business, but it will be linked to the auto industry, according to a new report.

The report from Transparency Market Research report, titled “Connected Car Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019,” was reinforced by news from GM China that Shanghai Onstar has more than 1 million customers new across China.

Technology News!

The entry of technology companies, such as Sierra Wireless, Gemalto, Verizon Communications and Microsoft, has intensified the competition in the global connected car market where companies such as Ford Motor Co., General Motors Co., BMW AG, Audi, Mercedes-Benz, Toyota Motor Corp., Hyundai Motor Co. have staked out positions. (more…)

Makers Counting on Tech Sector to Help Make Safer, More Interactive Cars

Connected car technology continues improvement.

by on Nov.19, 2014

Wolfgang Epple, director of Research and Technology at Jaguar Land Rover, shows how the company's new technology displays and implements apps.

New technology that is being refined continuously now has the potential to make driving safer and more fun, while bringing the automobile business closer to the ever-blooming consumer electronics industry, executives from Volvo, Jaguar Land Rover and Audi said during the “Connected Car” expo that opened ahead of the 2014 Los Angeles Auto Show.

As evidence of that growing relationship, Jaguar Land Rover (JLR) is opening its $3 million Open Software Technology Center. The facility will focus on the development and application of advanced connected technologies and help lead the development of future Jaguar and Land Rover infotainment systems, according to Wolfgang Epple, director of Research and Technology, Jaguar Land Rover

Auto Show News!

The new technical center, the only JLR research center outside Great Britain, was located on the West Coast to development infotainment systems for all Jaguar and Land Rover vehicles. (more…)