China's car networking market will exceed 200 billion yuan

The vehicle networking technology is closely related to the intelligentization of the automobile. The vehicle networking provides a rich and diverse service experience for users by connecting the vehicle to the vehicle, the vehicle and the vehicle, and the vehicle and the Internet through the ubiquitous wireless network communication module.

The sustained and steady growth of China's vehicle industry has brought a broad market for IoT vehicle terminals. Data show that from January to November 2016, the production and sales of passenger cars completed 21.743 million and 21.678 million, respectively, an increase of 15.6% over the same period of the previous year; compared with the first 10 months of this year, production and sales The volume growth rate was increased by 0.3% and 0.2%, respectively.

In 2015, the number of vehicles equipped with front-mounted vehicle networking equipment was 17.5 million, and it is expected to reach 75 million by 2023. In 2015, the scale of China's car networking market is expected to exceed 150 billion yuan. In 2020, 90% of cars will have Internet access. In the next three years, the scale of China's car networking market will exceed 200 billion yuan.

China's car network penetration trend

In terms of penetration rate, it is estimated to be 27% in 2016 and is expected to reach 67% by 2023. Among them, the penetration rate of the Chinese market in 2016 is 19%, and it is expected to reach 67% by 2023, becoming the world's largest pre-installation market for car networking.

As a traditional manufacturing industry, the automotive industry has evolved to this stage, and intelligence has become the clearest requirement. We increasingly hope that our car is no longer just a means of transportation, it should be able to meet more needs. Therefore, when the current car company is launching a new car, it is no longer just a pure talk about the shape of the power, the car network has become a selling point.

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