Augmented Reality (AR), Auto, Business, Companies, News, Tesla

AR Automotive Market Estimated to Reach $7.98 Billion

While many industries are beginning to embrace augmented reality, it’s really starting to come into its own in the automotive space. According to the International Trade Administration, the automotive industry accounts for roughly 3 to 3.5 percent of the United States gross domestic product. The augmented reality automotive market is estimated to grow at a CAGR of 30.31% during the forecast period, to reach $7.98 Billion in 2025. The base year for the PWC report is 2018 and the forecast period is 2020–2025. The market for augmented reality automotive applications is primarily driven by the increase in adoption of advanced driving assistance systems by OEMs across


Auto, VR World

New Security Breach: Hacked Cars Force Recalls

A few weeks ago there was a report on a vulnerability in Chrysler’s Uconnect system. It allowed two hackers to remotely operate a Jeep Cherokee and take control of the vehicle in question, thus shutting it down – with Wired’s reporter behind the steering wheel. While this was a controlled demonstration, chances were that rogue hackers could remotely access all vehicles powered by Uconnect. Furthermore, just a few weeks ago, reports came out showing a possible Tesla Model S hack that allows people with the expertise to do so – to hack a Model S and take control of the vehicle in a similar fashion. Still, the