Europe to Top Telematics & New Value for Cellular Carriers

telematicsPyramid Research found that Europe will become the largest market in 2016, overtaking the US.

The study found Telematics is one of the most dynamic and fastest growing segments of the cellular machine-to-machine market. The total number of telematics M2M SIMs  reached 37m in 2013, representing about 4% of all passenger cars.

Pyramid estimates, M2M SIMs in passenger cars will grow to 12% by 2018, with telematics M2M SIMs contributing more than 20% of all M2M SIMs.

152 Million Connected Cars in 2020 with $14.5 Billion in Revs & VERY Big Data

BiG dataRevenue from automotive data assets from integrated connected car systems will generate $14.5 billion in revenue by 2020, according to a connected car study from IHS Automotive, driven by Polk.

In Emerging Technologies: Big Data in the Connected Car, IHS Automotive predicts there will be 152 million actively connected cars on global roads by 2020 generating 11.1 petabytes of data.