Tuesday, June 14th, 2016 - WiseGuyReports

According to Cisco, one of the leading smart car technology makers of the world, the Internet of Cars can unlock about US$1400 in benefits each year per vehicle. Higher connectivity through a maingrid knowledge frame will make smart car technology-fitted automobiles cognizant of which routes to take, and which to avoid, for greater time saving, and even safety. There are a slew of benefits from this – less traffic, more productivity, lesser accidents, lower insurance costs, immediate and automatic crisis notification and response, and much more.

 

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The ecosystem for such a transportation system will be difficult to instate, but will guarantee efficiency, savings, and high returns. Moreover, an enthusiastic range of smart car vendors, outdoing each other in terms of technologies offered are testing cars of the future. Technology, as well as automobile bigwigs are pooling in their R&D to make prototypes which have been launched, and others which are slated to be launched soon. Some of technology players leading the game are Google, Canada based QNX, Delphi, Cisco, AutoTalks, NVidia, Mobileye, and others.

 

 

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The added advantage to these new generation cars, fitted to perform almost all connectivity and technological functions without manual intervention is the freedom to use clean/bio fuel for powering the cars, opening the door to another related and extremely relevant market.

 

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TABLE OF CONTENT

1. Introduction

    1.1 Key Findings

1.2 Research Methodology

2. Executive Summary

3. Market Insights

3.1 Market Overview

3.2 Factors Driving the Market

3.2.1 Increasing number of people connected to internet

3.2.2 Growth in adoption of Big Data solutions

3.3 Factors Restraining the Market

3.3.1 Technology yet to become fully functional

3.3.2 Initial Costs are high

    3.4 Current Opportunities in Market

    3.5 Industry Policies

4. Technology Overview

4.1 Technology Snapshot

4.2 Upcoming Technologies

5. North America Internet of Cars Market– Forecasts (2015 - 2020)

5.1 North America

5.1.1 Overview

5.1.2 Market Forecast and Analysis

5.1.3 Analyst View

 

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Keywords

Internet of Cars Market Study, Internet of Cars Market Scope, Internet of Cars Industry, Internet of Cars Market Trends, Internet of Cars Market Growth, Internet of Cars Market Estimation, Internet of Cars Market Report, Internet of Cars Market An

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