Connected cars

Alexander Fishkov

Alexander Fishkov, Ph.D. student Computer Science

A connected car is a car equipped with internet access and occasionally connected to a local wireless network as well. This allows the car to communicate with other devices, both inside and outside the car, to provide the driver and passengers with additional functions. Typically, a connected car offers entertainment, navigation, safety and diagnostic capabilities. The concept of a connected car is related to technologies such as self-driving cars and the internet of things.

In addition to being a fascinating technology, it is a growing business as well. As we can see above, connected services segment alone brought a revenue of 13.6 billion US dollars globally in 2015 and is expected to grow another 7.1 billion in 2017. PwC report additionally predicts an even further growth in revenue by 2020: connected cars will make a 155.9 billion dollars in revenue, which is 24.3 percent growth from 2017.

Another survey, published by Statista.com and combined from multiple sources, shows the predicted growth in the actual number of connected cars sold in each region. With an expected 10 million units installed, about 85 percent of Japan’s cars are expected to be connected in 2018. This includes different methods of internet access: wireless modem and integration with a connected smartphone, among other types.

The auto industry leaders spend a lot of resources on connected car innovation activities. Data provided by Statista.com and PwC on the cumulative innovation index for major car manufactures is presented in the chart above. Index values are nearly twice as high in the safety category as they are in information and entertainment. It is nice to see that safety while driving is receiving more attention than entertainment behind the wheel.

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About Alexander Fishkov

Alexander Fishkov

Alexander Fishkov, Ph.D. student Computer Science

Alexander is a Ph.D. student in Computer Science. He currently holds B.S. and M.S. degrees in Applied Math. He has experience working for industry major companies performing research in the fields of machine learning, data mining and natural language processing. In his free time, Alexander enjoys hiking, Nordic skiing and traveling.

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