Chips Shortage Not Hurting Connected Car Recovery: ABI
Connected vehicles sales are on a recovery path, despite chip shortages, reported ABI Research Thursday. Consumers are becoming “more demanding” about in-vehicle infotainment, “driving strong interest in connected vehicles and boosting growth opportunities,” it said. ABI projects 20% growth in…
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connected vehicle sales in 2021 from 2020, and a 10.4% compound annual growth rate through 2026. The recently announced Ford-Google partnership (see 2102010062) “shows a considerable migration to Android OS,” which will have more than doubled penetration in production vehicles by 2024, said ABI: Shipments of vehicles with “connected infotainment” will return to pre-COVID-19 pandemic levels this year.