75% of Cars Sold in 2020 Will Be Connected Car Capable
By 2020, 75 percent of cars shipped globally will be built with the necessary hardware to 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. according to Business Insider Intelligence.
The connected-car market is growing at a five-year compound annual growth rate of 45 percent, about 10 times as fast as the overall car market.
Of the 220 million total connected cars on the road globally in 2020, connected services will be activated in 88 million of those vehicles.