NEW YORK, Nov. 9, 2015 /PRNewswire/ -- How Technology is Impacting a Automotive Industry in Latin America and Global Insights
This Hot Topic explores how a IT attention is transforming a automotive industry, with a sole concentration on a rising connected automobile trend. It provides critical insights into connected cars by presenting an overview of a stream opportunities in a marketplace and those that are still being developed. Beyond this, a investigate investigates how a joining of a IT and automotive industries will interpret into destiny trends for cities as an critical step in formulating intelligent cities. It describes a automotive zone in Brazil, comparing to a general context, in sequence to yield an thought of a intensity marketplace that a nation has for a connected cars segment. It also provides highlights from a Mexican marketplace to illustrate Latin American opportunities and challenges.
The doing of new technologies in cars is changing a automotive industry. The connected automobile marketplace is approaching to grow over % in Brazil and Mexico and over % in incomparable markets such as North America, Europe, and China until 2020. Integrated connectivity solutions are heading to increasing partnerships opportunities between opposite industries, such as automakers, record companies, telecom providers, and
government sectors. However, it also raises reliable dilemmas per a information that it is being constructed by vehicles, including drivers' remoteness and safety. This Hot Topic investigate covers pivotal IT trends in a automotive industry. It explains how IT is transforming this attention and provides critical insights associated to these trends. In addition, arriving opportunities for connected cars are discussed. It also provides highlights from a
Brazilian and Mexican markets to illustrate a intensity opportunities and hurdles per connected vehicles in Latin America.
The Automotive Sector
Key Takeaway: With million units sold, Brazil represented roughly % of a Latin America sales in 2014. It was a 4th-largest marketplace globally, behind China (million), a United States (million),
and Japan (million). Mexico was enclosed on a North American shred and sole million vehicles in 2014.
The automotive zone is really competitive, with over cars models being launched each year. In sequence to benefit marketplace share, companies contingency compute their products and accommodate consumers' needs.
Although Brazil is one of a biggest automotive markets globally, it does not have a same invasion rates in a connected automobile segment, that is a special shred of vehicles that involves many factors, from
infrastructure mandate to record developments. Cars are no longer seen as standing symbols, like they used to be for a baby boomers generation. Now, millennials, or Generation Y, are focused on assembly their travel needs. As a result, in a United States, a trend is to expostulate less, and studies uncover that a estimated series of car miles driven has decreased in new years.
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