NEW YORK -- Global OEM connected car system penetration is expected to increase from the low teens to more than 60% over the next five years, new research says.

ABI Research forecasts global penetration to jump from 11.4% in 2012 to 60.1% in 2017, led by the US and Europe.

While penetration in the US and Western Europe will exceed 80% by 2017, developing regions such as Latin America and Eastern Europe  will also see strong increases in telematics penetration in new vehicles, largely driven by mandates in Brazil and Russia.

According to ABI VP and practice director Dominique Bonte, “In-car connectivity is quickly transforming the automotive industry, enabling passive and active safety and security and offering infotainment and connected lifestyle services to consumers but also enabling new car ownership, usage, and experience modes such as car sharing, (semi)-autonomous driving, dynamic demand-response electric vehicle charging pricing, and customer and vehicle relationship management services including prognostics and preventive maintenance.”

• Prev
• Next