2012 Tech Preview: Connected Cars
by Mike Kapsch, Investment U Research
Saturday, January 7, 2011
It all starts January 10…
That’s when over 140,000 tech industry professionals will swarm the Hilton in Las Vegas, NV showing off their latest innovations at the 2012 International Consumer Electronics Show (CES).
Although closed to the general public, for four full days, tech companies from all over the world will gather to talk about the hottest trends in the smartphone, tablet, laptop, PC, netbook, TV and video game markets.
But this year these tech firms will also hear from a surprising guest… the automotive industry. And 2012 is set to create some good opportunities to profit for switched-on investors…
The Next Era of the Standard Automobile Has Arrived
According to MIT’s Technology Review, “The automotive and transportation industries are entering a phase of the most significant innovation since the popularization of personal automobiles a hundred years ago.”
At this year’s CES conference, Ford and Mercedes will each take the floor to talk about their latest advancements. And they’ll certainly have a lot to say about introducing “connected cars” into the marketplace.
What is a connected car? Take a look here:
But this is just the beginning… Pretty soon, many of the cars we drive will also have the ability to read our vital signs and report emergencies to 9-1-1 when we can’t.
Looking Ahead Through 2016
By the end of 2011, 45 million connected cars were introduced to the public. By 2016, ABI Research claims, this market will grow 366% to 210 million.
With over one billion cars currently on the road around the globe, it’s safe to say the connected car market will have plenty of room to grow for the foreseeable future. And companies like Gartner (NYSE: IT) and Freescale Semiconductor Holdings (NYSE: FSL) are set to take advantage of this technological boost…
Good Investing,
Mike Kapsch
Article by Investment U
