By 2020, a quarter billion connected vehicles will be on road: Gartner
Gartner forecasts that 4.9 billion connected things will be in use in 2015, up 30 percent from 2014, and will reach 25 billion by 2020.
By 2020, there will be a quarter billion connected vehicles on the road, enabling new in-vehicle services and automated driving capabilities, according to Gartner, Inc. During the next five years, the proportion of new vehicles equipped with this capability will increase dramatically, making connected cars a major element of the Internet of Things (IoT).
Gartner forecasts that 4.9 billion connected things will be in use in 2015, up 30 percent from 2014, and will reach 25 billion by 2020.
“The connected car is already a reality, and in-vehicle wireless connectivity is rapidly expanding from luxury models and premium brands, to high-volume midmarket models,” said James F Hines, research director at Gartner. “The increased consumption and creation of digital content within the vehicle will drive the need for more sophisticated infotainment systems, creating opportunities for application processors, graphics accelerators, displays and human-machine interface technologies,” said Hines. “At the same time, new concepts of mobility and vehicle usage will lead to new business models and expansion of alternatives to car ownership, especially in urban environments.”
Gartner forecasts that about one in five vehicles on the road worldwide will have some form of wireless network connection by 2020, amounting to more than 250 million connected vehicles. The proliferation of vehicle connectivity will have implications across the major functional areas of telematics, automated driving, infotainment and mobility services.
RELATED ARTICLES
Warburg Pincus to Acquire 38.51% Stake in Pricol’s Demerged Electronics Business
The deal will give Warburg Pincus control of Pricol’s automotive electronics business, while the Mohan family will retai...
TVS Srichakra Q2 Profit Surges to Rs 44.4 crore, Revenue Jumps 37%
Eurogrip maker’s consolidated net profit rises to Rs 44.43 crore from Rs 10.96 crore a year ago, as revenue grows 37.4% ...
Mahindra’s Auto Reorganisation: Who Leads Sales, EV Marketing and Manufacturing?
Shuchi Suri will oversee vehicle sales, electric SUV marketing and charging infrastructure. The heads of product plannin...



27 Jan 2015

Ketan Thakkar