Proof Point
Connected cars will make up majority of new cars sold in U.S., E.U., and China starting in 2017, reaching 100% by 2022
U.S., E.U., and China New Car Sales by Connectivity
2017F – 2030F (millions)
Proof Point Findings
- Connected Car – Vehicle connected to Internet, equipped with sensors, able to send and receive signals, sense physical environment, and interact with other vehicles or entities
- Continued Growth in New Cars Sales – New cars sold in U.S., E.U., and China to grow 2% annually between 2017 and 2030, from 63 million to 82 million
- Increase in Connected Cars – Connected cars to grow from 89% of new cars sold in 2017 to 100% starting 2022, selling 75 million units by 2025 and 82 million by 2030
- Key Drivers – Include improvements in connectivity, such as introduction of 5G networks, acceleration of computing power, proliferation of low-cost sensors, emergence of connected car platforms with diversified applications and functionalities, and increased investments in new vehicle technologies and services
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Accelerator |
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Sector |
Transportation and Logistics
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Source |
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Date Last Updated |
February 8, 2018
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