In-car app market estimated to be worth over $1.2 billion in 5 years time
A recent report, conducted by Juniper Research, exploring the smart vehicle market has predicted the market will be the new frontier for app developers over the next five years. It estimates that the in-car apps market will be worth over $1.2 billion by 2017 due to advancements in automotive connectivity standards such as MirrorLink and ever higher smartphone ownership.
This will be beneficial to both developers, who will be given more opportunities to create apps on different platforms (such as; the Ford Developer Program) and consumers, who will see the prices go down as the in-vehicle app ecosystem matures.
Image by jeff, the rhino.