Deep learning machines are taking over a large portion of drivers' automotive tasks and will completely take over driving in 10 years. Breakthroughs in navigation, infotainment, diagnostics, safety and autonomous driving are emerging from the latest connected car intellectual property that builds on these deep learning systems. This means safer and more efficient travel for consumers, growing car sales for OEMs and, for developers, a decade long disruptive ecosystem.
The connected car is experiencing exponential technological advancements and enormous investment. Over the past two years alone, $40 billion has been invested in connected car-related companies and associated technologies.
In 2014, when the initial connected car research came out and before the recent deep learning breakthroughs in image processing, the prediction was autonomous vehicles after 2030. But the emergence and rapid growth of Tesla's self-driving cars, a favorable regulatory environment and growing intellectual property creation has accelerated our prediction for mass market adoption of autonomous driving cars to 2025.
With billions of dollars of investment and active participation by most of the world’s largest companies, the connected car is the largest developer opportunity since smart devices were introduced in 2007. Beyond autonomous driving, the connected car is driving innovative solutions and new markets for telecom, IoT, sensor makers, entertainment, smart homes, health/wellness, consumer electronics, insurance companies, and many other service providers.
Machine learning, 3D mapping, sensor processing, image processing, cloud-based processing and services, big data analytics, advanced LAN/WAN/CAN networks, smart device integration and car apps are a few examples of recent investment areas.
Ubiquitous LTE connected cloud infrastructure has given drivers high bandwidth services and enabled multi-billion dollar investments in car/ride sharing networks such as millennial favorites Uber, Lyft and Car2go.
Regulators are providing addition impetus such as the U.S. DOT’s notice of proposed rulemaking for Vehicle-to-Vehicle (V2V) communication technology for all new light-duty vehicles.
This report is based on 1,100 phone interviews and surveys with OEMs, vendors and service providers as well as an in-depth intellectual property evaluation. It analyzes the global market opportunity for connected car systems, services and apps with 6-year market size forecasts for eight market segments, the results of two 2017 connected car surveys, 2,300 patents analyzed and segmented, the value system and profiles for 70+ connected car companies.
1,100+ surveys/phone interviews with automotive OEMs, vendors, service providers, suppliers and consumers.
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