IHS: OEM market revenue for wireless in cars to reach $1.6 B in 2018 from 1.1B in 2012
IHS forecasts Wireless technologies like Bluetooth and embedded cellular in cars are set to rise by 41 percent from 2012 through 2018. Global original equipment manufacturer (OEM) market revenue for wireless technology in cars is set to rise to $1.6 billion in 2018, up from $1.1 billion in 2012, as presented in the figure below.
Analysis shared by IHS includes: Revenue for wireless solutions in cars will reach a projected $1.17 billion this year, up a respectable 5 percent from 2011. While growth this year has moderated from the sizable double-digit increases of 2011 and 2012, continued expansion is assured in the years ahead. Expansions in the 8 percent range are expected during both 2014 and 2015. “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.” Bluetooth on a blue st...
Analysis shared by IHS includes: Revenue for wireless solutions in cars will reach a projected $1.17 billion this year, up a respectable 5 percent from 2011. While growth this year has moderated from the sizable double-digit increases of 2011 and 2012, continued expansion is assured in the years ahead. Expansions in the 8 percent range are expected during both 2014 and 2015. “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.” Bluetooth on a blue st...
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