The growing popularity of — and interest in — connected cars is presenting a plethora of opportunities for utilities.

Equipped with an internet connection, mobile apps and more, connected cars allow drivers to interact with their environment and utilities to service a new landscape.

At a growth rate 10 times as fast as the overall car market, with estimates that 75 percent of cars shipped globally will be built with connected capabilities by 2020, it will be hard to get away from this phenomenon. Consumer demand for sophisticated navigation, infotainment and driver assistance systems continues to escalate.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.