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Report: Connected-Car Segment Rising 10 Times Faster Than Overall Car Industry

Via Business Insider.com

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.

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.  

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.

To read more, please click on the link above.