Executive Summary

• Automobiles are logically the next devices to be connected to the Internet, since we spend so much time in them and want connectivity everywhere
• They will function as nodes in the Internet of Things (IoT), which is forecasted to encompass 50 billion devices by 2020
• The key new functions of connected cars will be in the area of driver assistance, followed by safety, and then entertainment
• Tesla is the current connected-car leader, providing over-the-air software updates that provide new functionality and reduce repairs and maintenance, and other well-known companies are developing their own technologies