Connected Car Forecast Next Five Years

Connected Car Forecast Next Five Years

June 13, 2013

Connected Car Forecast: Global Connected Car Market to Grow Threefold Within Five Years

The global connected car market will be worth 39 billion in 2018 up from 13 billion in 2012, according to new forecasts from research firm SBD and the GSMA. Over the next five years, there will be an almost sevenfold increase in the number of new cars equipped with factory-fitted mobile connectivity designed to meet demand among regulators and consumers for safety and security features, as well as infotainment and navigation services. The rapid development of the global connected car market will be driven in part by positive regional regulatory action in Europe, Russia and Brazil.

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