LTE will be the fastest-growing cellular technology in cars, says
Connected car service providers are poised to almost triple their revenues to earn close to $17 billion by 2018, as players like GM,
That's according to market research firm
A connected car (http://en.wikipedia.org/wiki/Connected_car) is equipped with Internet access, and usually also with a wireless local area network (LAN). This allows the car to share Internet access with other devices both inside and outside the vehicle. Often, the car is also fitted with special technologies that tap into the Internet access or wireless LAN and provide additional benefits to the driver.
"Unlike the smart grid vertical, which favours 2G technology to keep usage cheap, or connected cameras, which require at least 3G and ideally 4G technology for good quality, the connected car vertical is able to make use of every generation of cellular technology available," says
"This means that just about any communications service provider, whether they have 2G, 3G, 4G, LTE or a combination of technologies, can find a niche in the connected car space."
He points out that next-generation 3G and 4G technologies are paving the way for improved interactivity, video, real-time analytics and other smart apps in the connected car space-and thus a greater probability for service adoption.
"LTE will be the fastest-growing cellular technology in cars, expanding 135% annually between 2014 and 2018. A major boon will come from AT&T's agreement with GM to deploy LTE for the
In an effort to differentiate their vehicles, says
The market research firm says some service providers are seeing as much as 90% of their M2M revenue generated from the connected car segment.
According to the report,
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