The 'connected car' is creating a massive new business opportunity for auto, tech, and telecom companies

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BII_ConnectedCar_Infographic

BII

Self-driving cars generate a lot of headlines. But there's already a new kind of car on the road that's completely changing the vehicle market.

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The connected car is equipped with internet connections and software that allow people to stream music, look up movie times, be alerted of traffic and weather conditions, and even power driving-assistance services such as self-parking.

By 2020, BI Intelligence estimates that 75% of cars shipped globally will be built with the necessary hardware to connect to the internet.

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In a new report from BI Intelligence, we take a deep dive into the connected-car market. We size the market for connected cars, determine the average selling price and how it will decline over time, and assess different manufacturers' approaches.

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Here are some of the key takeaways from the report:

The report contains charts and data that can be downloaded and put to use.

In full, the report:

For all BI Intelligence's charts, analysis, briefs, and reports on the mobile and Internet of Things industries, sign up for a risk-free trial.