EV ENABLING BIZ TO BE $36BIL BY 2025

Connected Vehicles; Vehicle-to-X Communications and Supporting Technologies: Global Market Analysis and Forecasts

Q2 2015 (Navigant Research)

“…One of the key enabling systems for the success of [vehicle electrification and automated driving systems] is the provision of real-time data to vehicles, drivers, and pedestrians through vehicle-to-external communications (V2X) using dedicated short-range communications (DSRC)…Even before there is significant deployment of automated vehicles, V2X connectivity has the potential to alleviate some of these issues. DSRC-based V2X systems are anticipated to be deployed by OEMs beginning in 2016 and see rapid expansion over the next decade. In addition to the embedded OEM systems on new vehicles, aftermarket retrofit systems and new smartphones with DSRC capability are expected to be adopted. According to Navigant Research, global revenue from sales of OEM and aftermarket DSRC-based V2X systems is projected to reach more than $36 billion by 2025…” click here for more

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