Connected cars with Internet connections growing in numbers & profits

Parks Associates research reports that there are increasingly connected cars in the United States. The company reported the following figures:

10% of vehicle owners in U.S. broadband households have access to built-in apps or can remotely control their vehicle using a mobile phone.
52% of cars sold in the U.S. in 2014 had some form of connectivity.
12% can connect to a live agent for emergency or roadside assistance.
About a third of vehicles can view vehicle health reports, use Bluetooth and make or received hands-fee calls.
16% of light vehicles in the U.S., or about 41 million vehicles, will have an active Internet connection by year-end 2015
17% have mapping and navigation capabilities.
61% of car owners prefer to bundle vehicle data consumption with smartphone data consumption.
44% of car owners in U.S. broadband households have some kind of advanced connected car feature. That figure increases dramatically among owners of vehicles less than three years old, indicating that penetration will continue to increase in the near term. Demand for connected car features among those without access to such features in their current vehicle is strongest among young drivers and smartphone owners.
More than 50% of U.S. broadband households express privacy and safety concerns regarding connected cars.

From the article "Connected cars with Internet connections growing in numbers & profits" by Gilbert Shar.

Previously In The News

AmberSemi Develops AC Direct Lighting Control Engine Silicon Chip

The smart lighting category is growing steadily and has potential for acceleration with solutions that deliver on the core value propositions of convenience, comfort, energy management, and automation...

Building the Future of Smart Home Security > Engineers must invent new technology to enhance security products' abilities

It’s nearly impossible to find a household today that doesn’t have at least one connected smart home device installed. From video doorbells to robot vacuums, automated lighting, and voice assistants,...

Report: Viewers Say Churn is Based on Lack of New, Original Content

According to Parks Associates, it only gets worse from here. In its 2022 “OTT Streaming Trends to Watch” white paper, their data shows that the average churn rate was 40% in 2020. Right now, the avera...

Research: over 50% of U.S. broadband households stream content on TV screens

Parks Associates, a market intelligence and consulting company, yesterday released research showing that over 50% of U.S. broadband households stream content on TV screens. “For years, the televisi...

Smart Home

Entertainment

Broadband

MDU / Multifamily

SMB

Consulting

Research Services

Custom

Marketing Services

Primary Research

Event

Analyst Insights

Media

About Parks Associates

Connected cars with Internet connections growing in numbers & profits

Previously In The News

AmberSemi Develops AC Direct Lighting Control Engine Silicon Chip

Building the Future of Smart Home Security > Engineers must invent new technology to enhance security products' abilities

Report: Viewers Say Churn is Based on Lack of New, Original Content

Research: over 50% of U.S. broadband households stream content on TV screens

Providing market intelligence for more than 35 years

Phone:

Email:

Mailing Address:

Expertise

Services

Events

Resources

About Us

Store