When will the connected cars industry move into top gear” And when should small businesses enter this lucrative marketplace Look closely and you may see the lights change from red … to green.
By 2020, Gartner predicts there will be 20.8 billion data-creating devices connected to the internet, compared to just over six billion in 2016.
Innovation around the Internet of Things (IoT) has been gathering real pace this year. It’s a “quiet revolution…whose time has finally come” according to the Economist Intelligence Unit (EIU), which produced a 2013 report found that 96 per cent of business leaders expected their businesses to be using IoT in one form or another by 2016.
Driverless cars are an innovation set to generate billions of pounds in new business around the world. With Britain’s motoring sector enjoying a renaissance, both government and industry are keen to ensure the country plays a leading role in driving such technology – but the opinions of the nation’s populace could get in the way.