Connected Vehicle Market to Witness Huge Growth from 2019-2030 and Focusing on Top Key Players - BMW, AUDI, Tesla, Volkswagen
Connected vehicle or connected car is connected with internet (generally wireless), allowing the vehicle to share the internet access with other devices in the car. In short, a connected vehicle can communicate the devices inside and outside. Despite a normal car, already being connected with several devices, a connected vehicle can control wide range of essential functions. For instance, a traffic monitoring feature in your car can signal you in case of heavy traffic and alert beforehand for choosing other alternate route. According to the Centers for Disease Control, vehicle crashes are the leading cause of death among young children and adults. Connected vehicles can decrease the number of serious injuries and deaths caused by accidents on roads as connected vehicles are equipped with various safety features, which can reduce the number of accidents. For instance, according to the NHTSA (National Highway Traffic Safety Administration), connected vehicles have the potenti...