Since 2014, more and more vehicles have featured embedded cellular modems, allowing them to connect to the internet. In this post, we’ll answer how many connected cars were sold globally in 2020 and how this number is expected to grow over the next five years.
Every year, vehicle manufacturers equip more of their models with internet-connectivity. ABI research expects sales of connected cars to reach 115 million globally in 2025—almost four times as much as in 2020.
The United States was the country with the largest percentage of connected vehicles sold last year. Of all passenger cars sold in the country in 2020, around 91% were connected. That’s over 13 million connected vehicles sold in the U.S. alone.
Businesses of all sizes use Smartcar to integrate their products with connected vehicles. Car sharing marketplaces use our APIs to enable contactless rentals. Auto insurance providers charge their customers by the mile. Electric utilities offer smart EV charging solutions that help balance the grid.
The Smartcar platform was compatible with 70% of new cars sold in 2020. Just like the number of connected vehicles on the road, the number of Smartcar-compatible cars keeps increasing every year.
To learn more about our APIs for connected cars, schedule a free demo today. If you have any questions, feedback, or just need help getting started, please don’t hesitate to contact our Customer Success team.