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INTELLIGENT VERTICAL: TRANSPORT
IN-CAR WI-FI MARKET
GROWING AT 27.63%
CAGR BETWEEN 2018–22
A recent report titled In-Car Wi-Fi Market 2022 revealed
that the wide range of data plans offered to motorists for
Wi-Fi services is making car Wi-Fi more popular, causing
the global market to expand.
I
n-Car Wi-Fi Market 2022 is an
automotive research report included
in ReportsnReports.com. The analysts
forecast the global in-car Wi-Fi market to
grow at a CAGR of 27.63% during the
period 2018-2022. Main companies are
AUDI, BMW, Daimler Group, FCA, Ford and
General Motors. The in-car Wi-Fi market
report considers the revenue garnered
by the providers of car Wi-Fi technology
to customers of cars with car Wi-Fi
technology globally.
Commenting on in-car Wi-Fi, the market
report states that the latest trend gaining
momentum in the market is OTA updates
for software components. In recent years,
the electronic components in cars have
increased exponentially. This is due to the
www.intelligentcio.com
increased installation of driver assistance
and safety features in automobiles. With the
advent of IVI and connected car technology,
the complexity has further increased in
automobiles. Thus, electronic hardware,
software and applications are the most
crucial parts of today’s automobile.
According to the Global In-Car Wi-Fi Market
2018–2022 report, one of the major drivers
for this market is wide range of data plans
for car Wi-Fi to suit individual needs. The
telecom network providers have long been
in a battle against each other to provide
unlimited data plans at the best price. The
automotive OEMs seem to have jumped
in the race too; General Motors, Ford and
Subaru offer unlimited data plans for in-car
Wi-Fi usage.
“
WITH THE
ADVENT OF IVI
AND CONNECTED
CAR TECHNOLOGY,
THE COMPLEXITY
HAS FURTHER
INCREASED IN
AUTOMOBILES.
INTELLIGENTCIO
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