NEW YORK, June 6, 2017 /PRNewswire/ --
According to a research report released by Technavio, the global connected car market is expected to reach USD 144.95 billion by 2020 and growing at a CAGR of more than 32%. The demand for in-vehicle connectivity and telematics has led to technological improvements, which aim at enhancing the overall in-vehicle experience of both the passengers and drivers. The report also indicates that smartphone penetration across the world has increased significantly in the recent years, as more emerging markets are now adopting to new technologies. As a result, the need for integrating smartphones with the vehicle systems is expected to grow further. It is estimated that the global smartphone penetration was about 25% in 2015 and it is expected to reach 38% by 2020. There has been a rise in demand for high resolution Human Machine Interface (HMI), which can be integrated with smartphones. Siyata Mobile, Inc. (OTC: SYATF), AT&T Inc. (NYSE: T), Qualcomm Inc. (NASDAQ: QCOM), Sierra Wireless, Inc. (NASDAQ: SWIR), ORBCOMM Inc. (NASDAQ: ORBC)
According to Neelam Barua, a lead automotive electronics analyst from Technavio, "The luxury car segment will register high adoption of embedded solution as cost is not a parameter for this segment, and these OEMs create differentiation for their product by developing the unique system for their models… Consumers prefer availability of a strong application base for their connected devices. For instance, Android operating system for smartphones has the highest number of users in the market owing to its support for an array of third-party applications."
Siyata Mobile, Inc. (OTCQB: SYATF) also listed on the TSX Venture Exchange under the ticker symbol SIM. Announced today that, "it has commenced PTCRB certification for its Uniden® UV350 4G/LTE in-vehicle connected cellular device which includes approval for the United States FirstNet Network "Band 14".
The Uniden® UV350 4G/LTE is the world's first and only in-vehicle connected cellular device with Push-to-Talk over Cellular ("PoC") compatible on "Band 14", and strongly positions Siyata to be a leading candidate for in-vehicle PoC solutions for first responder vehicles migrating to the FirstNet Network.
FirstNet is an independent authority within the U.S. Department of Commerce. Its mission is to develop, build and operate the nationwide, broadband network that equips first responders to save lives and protect U.S. communities. In March 2017, The First Responder Network Authority announced the selection of AT&T Inc. (NYSE: T) to build the FirstNet network, a nationwide wireless broadband network dedicated to America's first responders. The effort is a significant investment in the communications infrastructure that public safety desperately needs for day-to-day operations, disaster response and recovery, and securing large events."
Marc Seelenfreund, CEO of Siyata Mobile, commented, "We are pleased to be doing PTCRB certification for our Uniden UV350. This certification process reiterates our early move in the industry, and believe that we are at the forefront of this market with our innovative Push-to-Talk Over Cellular solutions for commercial fleets and vehicles."
Qualcomm Inc. (NASDAQ: QCOM) technologies powered the smartphone revolution and connected billions of people. The company pioneered 3G and 4G - and now are leading the way to 5G and a new era of intelligent, connected devices. Qualcomm Inc. includes our licensing business, QTL, and the vast majority of our patent portfolio. On May 18th, demonstrated dynamic electric vehicle charging (DEVC), which allows vehicles to charge while driving. Based on the Qualcomm Halo™ wireless electric vehicle charging technology (WEVC), Qualcomm Technologies designed and built a wireless DEVC system capable of charging an electric vehicle (EV) dynamically at up to 20 kilowatts at highway speeds. Qualcomm Technologies also demonstrated simultaneous charging, in which two vehicles on the same track can charge dynamically at the same time. The vehicles can pick up charge in both directions along the track, and in reverse, further showcasing how the Qualcomm Halo DEVC system has been designed to support real-world implementation of dynamic charging.
Sierra Wireless, Inc. (NASDAQ: SWIR) is building the Internet of Things with intelligent wireless solutions that empower organizations to innovate in the connected world. The company offers the industry's most comprehensive portfolio of 2G, 3G and 4G embedded modules and gateways, seamlessly integrated with its secure cloud and connectivity services. The company recently announced it has completed the acquisition of substantially all of the assets of GlobalTop Technology's Global Navigation Satellite System (GNSS) embedded module business for total cash consideration of approximately $3.2 million. Dan Schieler, Senior Vice President and General Manager, OEM Solutions, Sierra Wireless, said: "Building on our portfolio of Cellular, WiFi and Bluetooth modules, we will have additional products to offer to our customers in markets where positioning data is critical, including high-value asset tracking, telematics, drones and automotive."
ORBCOMM Inc. (NASDAQ: ORBC) is a leading global provider of Machine-to-Machine (M2M) communication solutions and the only commercial satellite network dedicated to M2M. The company is a single-source of seven different global Tier 1 cellular providers, offering cost-effective data plans on a variety of networks (2G, 3G, 4G) to meet unique IoT connectivity requirements. Earlier this year, the company announced that it has been selected by Christenson Transportation, Inc. (Christenson) to provide an industry-leading logistics tracking solution for their trailer fleet. ORBCOMM's end-to-end solution will provide wireless connectivity through its proprietary hardware and a web-based reporting platform for optimal fleet management.
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