Both the car audio and Smart Home lighting solution projects are exciting prospects. Here's why:
CAR AUDIO
Connected Car is indeed a Big Market
Date: March 01, 2016
in: Auto & Telematics
The car is well on its way to becoming the most sophisticated mobile device in the Internet of Things (IoT).
Linked to the cloud by way of wireless technologies, smart chips, onboard computers and mobile apps, connected vehicles are driving new business models and disrupting old ones. By 2020, there will be a quarter billion connected vehicles on the road, enabling new in-vehicle services and automated driving capabilities, according to Gartner, Inc.
Infotainment. This category includes information services— like navigation, traffic services, weather and mobile apps, and email—and also entertainment. Infotainment features can be offered either via technology embedded in the vehicle or via device-to-vehicle integration, using consumers’ separate mobile devices as a hub for accessing internetbased content. These offerings focus strongly on ease of use and safety-related services. To offer infotainment services, OEMs generally collaborate with non-automotive vendors.
http://iotbusinessnews.com/2016/03/01/67210-connected-car-is-indeed-a-big-market/
LED lighting
Upcoming IoT based Home Automation/Building Automation to Spur the Smart Lighting Market at a CAGR of 17.1%
The Insight Partners published a new report on "Smart Lighting Market to 2025", spread over 150 pages, with 10+ Companies Profile Analysis
PUNE, MAHARASHTRA, INDIA, July 28, 2016 /EINPresswire.com/ -- According to a new market research study titled ‘Smart Lighting Market to 2025 – Global Analysis and Forecast by Lighting Type, Application and Connectivity Technology’, the global smart lighting systems market was valued at US$ 10.55 Bn in 2015 and is estimated to reach US$ 51.05 Bn by 2025. The report highlights the trends prevalent in the global market and the factors driving the market along with those that act as deterrents to its growth.
IoT, also known as connected technology is expected to experience a high adoption trend in the coming years, where home or building automation would be having the major share in IoT market. The connected building would be creating a wealth of opportunity for smart lighting industry with dramatic rise in adoption of IoT technology.
http://theinsightpartners.com/reports/smart-lighting-market
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