Connected Car
The major stakeholders of connected cars are automotive majors, wireless carriers and engineering IT service providers. The future of connected cars includes LTE data connections & Wi-Fi, Vehicle-to-Vehicle (V2V) & Vehicle-to-Infrastructure (V2I) and autonomous cars. Government initiatives and spending on smart cities will favour the connected cars market. The Global Connected Car market is expected to grow in the future mainly driven by adoption of technologies by customers and government initiatives in various regions. The global connected car market is expected to reach 153.6 billion by 2020.