Connected Cars Market is estimated to be US$ 194.12 billion by 2030 with a CAGR of 18.7% during the forecast period prophecymarketinsights.com
Connected Cars is a car which can communicate bidirectionally with other systems outside of the car (LAN). Through this a car allows to share internet access, and also data, with other devices both inside and outside the vehicle. Such cars have access of the internet through an inbuilt connectivity system. It offers smart features such as internet connectivity, remote operations of vehicle functions and advanced security features. Additionally, providing a convenient internet connection that allows people to make hands-free calls, Wi-Fi enabled vehicles offer live traffic updates, easy navigation, weather reports, satellite music, and access to emergency services. Moreover, the manufacturers are also now focusing more on their research development to transform the automotive industry. Furthermore, manufactures are involved in refining and redefining existing technologies and also introducing new, exciting concepts like artificial intelligence.
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