Connect car telematics systems to grow to 56 mln by 2020

Thursday 22 October 2015 | 13:37 CET | News
Sales of embedded car OEM telematics systems worldwide will grow from almost 11.1 million units in 2014 at a CAGR of 31.1 percent to reach 56.0 million units in 2020, according to a new report from Berg Insight. In addition, the number of telematics service subscribers using embedded systems will grow at a compound annual growth rate (CAGR) of 39.9 percent from 20.5 million subscribers at the end of 2014 to 153.4 million subscribers at the end of 2020. The report goes on to point out that carmakers are still experimenting with the business models for connected car services as renewal rates

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Berg Insight / BMW / Hyundai
Countries: World
::: add a comment
This article is part of dossier


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Avanci enters patent licence agreement with BMW

Published 05 Dec 2017 17:21 CET | World
As part of Avanci's mission to streamline patent licensing for the Internet of Things, it provides licence rights to 2G, 3G and ...

Renault-Nissan, Microsoft partner on connected services

Published 27 Sep 2016 18:43 CET | World
Renault-Nissan, the company formed by the strategic partnership of car makers Renault and Nissan, has partnered with Microsoft to ...

Hyundai partners with Cisco to develop connected car

Published 19 Apr 2016 09:02 CET | World
Hyundai Motor Company announced a collaboration with Cisco to develop connected car technology. Hyundai Motor and Cisco will ...

VW to develop connectivity software, vows to reinvent car

Published 02 Mar 2016 11:31 CET | World
Volkswagen will reinvent the automobile, according to its new CEO, Matthiaws Mueller. He said the group will develop the ...

Novatel Wireless to power car share initiatives in Europe

Published 19 Jan 2016 16:11 CET | Europe
Novatel Wireless announced Ctrack, an advanced telematics platform optimised for the emerging car-sharing sector. The platform is ...

PSA, Ford to co-develop infotainment system

Published 11 Jan 2016 10:10 CET | World
PSA Peugeot Citroen and Ford are exploring potential synergies between their SmartDeviceLink open source platform and Car Easy ...

Toyota to acquire stake in AI company Preferred Networks

Published 18 Dec 2015 11:37 CET | Japan
Toyota plans to acquire a stake in Tokyo-based machine-learning firm Preferred Networks, The WSJ reports. Toyota said it would ...

Deezer signs in-car music partnership with BMW

Published 13 Nov 2015 15:48 CET | France
French music portal Deezer has formed a partnership with BMW within the framework of the Online Entertaiment music on demand ...

Toyota steekt miljard dollar in onderzoek robotica

Published 09 Nov 2015 10:49 CET | World
Toyota Motor Corporation investeert de komende vijf jaar een miljard dollar in onderzoek naar kunstmatige intelligentie c.q. ...

LTE to become leading IoT technology in 2019 - study

Published 16 Oct 2015 10:04 CET | World
LTE is set to become the leading technology for cellular IoT devices in 2019, according to a report from Berg Insight. The ...

Connected car services important to 75% of buyers - survey

Published 14 Oct 2015 14:02 CET | World
Some 75 percent of consumers consider connected car services an important feature in their next car purchase, according to a new ...

Microcontroller market growth tied to rise in IoT apps

Published 21 Sep 2015 14:50 CET | World
The market for MCUs used in connected cars, wearable electronics, building automation and other IoT applications is expected to ...

Audi connects cars in China with Baidu, Huawei

Published 22 May 2015 15:24 CET | China
Audi is intensifying the expansion of connectivity of its cars in China, according to an announcement by the premium carmaker in ...

Smart home numbers reach 10.6 mln in Europe, NAmerica

Published 24 Dec 2014 10:09 CET | Europe
The number of smart homes in Europe and North America reached 10.6 million this year, according to a report by Berg Insight. The ...

Active fleet management systems to reach 6.4 mln by 2017

Published 14 Oct 2013 17:24 CET | World
The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 3.05 million in Q4 2012, ...