<P>The latest research report from <SPAN class=glossary-item style=&quot;CURSOR: help&quot;>MarketsandMarkets</SPAN> indicates that the connected car devices market is projected to grow at a CAGR of 16.3 per cent from 2016 to 2021, to reach US$57.15 Billion by 2021. Some of the major factors responsible for the growth of the market are government regulations for safety and increasing electrification of vehicles.<BR><BR>Connected car devices with dedicated short range communication (DSRC) as connectivity use short range communication technologies such as radar and Lidar, which are designed for a communication range up to 1000 feet. DSRC allows rapid communication between connected car networks and is used for various applications in the modern automobiles. <BR><BR>The high demand for DSRC can be attributed to several advantages offered by the technology in connected vehicle applications. DSRC is used in various vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) applications such as adaptive cruise control, park assist systems and collision avoidance systems. The market for these technologies is growing rapidly and regulatory bodies in Europe and North America are planning to mandate some of these technologies.<BR></P> <P>&nbsp;</P> <P>**원문보기</P> <P><A href=&quot;http://www.itsinternational.com/categories/location-based-systems/news/connected-car-devices-market-predicted-to-grow-at-163-per-cent-by-2021/&quot; target=_blank>http://www.itsinternational.com/categories/location-based-systems/news/connected-car-devices-market-predicted-to-grow-at-163-per-cent-by-2021/</A></P>