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Google and Apple both smell opportunity. Based on the present economic conditions and the optimistic future conditions, MarketsandMarkets expects the overall market to increase at a compound annual growth rate of 12.1 percent from 2011 to 2016. Overall, the company predicts the market will reach $14.4 billion by 2016.
“In the automotive market, wireless connectivity demand is racing ahead of older wired technologies as applications increasingly focus on supporting mobile devices and cellular communications,” said Luca DeAmbroggi, senior analyst for automotive infotainment at IHS.
“For example, the USB legacy wired connectivity solution is being challenged by wireless mechanisms in cars such as Bluetooth for exchanging data between fixed and mobile devices over short distances, as well as embedded cellular for two-way wireless telematics connectivity," DeAmbroggi said.
Posted: 2013-12-31 @ 4:18pm PT
Google and Apple in my car? No thanks. I want an ad-free, influence-free experience.