IHS Markit study: consumers not willing to pay for in car telematics / WIFI services

According to IHS Markit latest forecast, while the overwhelming majority of new vehicles will be equipped with telematics by 2022 (87 percent US; 91 percent German; 92 percent UK; 89 percent Canadian; and 54 percent of Chinese vehicles),  car buyers require such equipment but only 32% of consumers are willing to pay for those services (and only 29% for in car WIFI).

Car manufacturers will need to reinvent telematics business models that provides both new sources of revenues and additional cost reductions.


Copyright

The entire contents placed on the www.MVNO-Global.com site is the exclusive property of Georges-Harald Bernard. All rights of reproduction or representation of these are reserved.