BII Connected-Car [Infographic]

The connected car is equipped with internet connections and software that allow people to stream music, look up movie times, be alerted of traffic and weather conditions, and even power driving-assistance services such as self-parking.

This infographic is taken from THE CONNECTED-CAR REPORT by BI Intelligence, available for purchase here: http://www.businessinsider.com/intelligence/research-store?IR=T&utm_source=slideshare&utm_term=infograph-ConnectedCarReport&utm_campaign=slideshareConCarInfoDescription#!/THE-CONNECTED-CAR-REPORT/p/47113866/category=11987294

Published in: Automotive, Technology

BII Connected-Car [Infographic] from BI Intelligence

Transcript

• 1. Most consumers are unaware of connected car features and services 44% of consumers have never heard of a connected car. Another 42% have heard of them but are not familiar with what they do. 44% I have never heard of them 42% I have heard of them, but am not familiar with what they are/can do 14% I have heard of them, and am familiar with what they are/can do Buy the connected car report now: http://read.bi/connectedcar 220 MILLION There will be 220 million connected cars on the road by 2020 But we estimate consumers will only use connected services in 88 million of those cars. Built with connectivity Active users 2014E 2015E 2016E 2017E 2018E 2019E 2020E 5050 100100 150150 200200 250250 MILLIONSMILLIONS 45%CAGR—total connected cars on the road Sales of connected cars will equal $2.3T in 2020 The current average selling price of a connected car is much higher than the national average. That will drop as carmakers connect their economy lineups. Connected car hardware and software will bring in $152B in 2020 Driver assistance systems, such as self parking features, will become more common and generate a lot of revenue for carmakers. 2014E 2015E 2016E 2017E 2018E 2019E 2020E $.5 $1.5 $2.5 TRILLIONS $- $20 $40 $60 $80 Driver Assistance Safety Entertainment Well-being Vehicle Mgmt Mobility Mgmt BILLIONS 35%CAGR But they desire entertainment and safety features Streaming music, like listening to Pandora or Spotify, is the most desired feature Streaming music for in-car use Surfing the internet via a monitor in the car Car identifies traffic signals, congestion, accidents A system that allows the passenger to stop the car Front/rear end collision alarm warning Night vision device Fatigue warning device Access to social media while in the car 69% 57% 52% 51% 45% 42% 41% 40% 2012E 2013E 2014E 2015E 2019E 2020E 50,000 100,000 150,000 200,000 2016E 2017E 2018E 271%CAGR 150 Google will add 150 fully autonomous cars to it's fleet this year 8% Of consumers actually desire a self driving car 40% Of consumers would not pay for a car that can drive itself Car Makers Communications Software 28% Monthly fee charged over credit card or PayPal 26% Upfront payment in the car price 8% Payment with bonus partner tools 13% Single purchase for a pre-defined period 25% Free basic services subject to in-car advertising Consumers are split on how they want to pay for connected car services A large portion of consumers are willing to receive in car ads for free basic connected car services (Select companies) intelligence.businessinsider.com Email us at intelligence@businessinsider.com Nearly all car makers and communication companies are entering the connected car market The next evolutionary phase after cars are connected