Key Tracks : TiECon Midwest 2016

Key Tracks

TiECon Midwest 2016 aims to keep Michigan at the forefront of the connected technology revolution. We’re exploring how our health is impacted by the way we live and the ways connectivity is changing healthcare, and we’re looking at connected technologies from a global perspective – which industries will they impact, what’s the effect on our economy, are we training our children for the right jobs, how will they change our lives now and in the future? The key tracks are designed to ensure that our audience have the most up-to-date information on connected technologies; with special focus on Mobility, HealthCare and Global Connectivity

Statistics

Transportation

By 2040, 80% of the intersections in the U.S. will be V2I capable (USDOT)
By 2040, is estimated that 90% of light vehicles will be V2V-equipped (USDOT)
Connected vehicles provide the means to potentially address approximately 81% of all-vehicle target crashes, 83% of all light-vehicle target crashes, and 72% of all heavy-truck target crashes annually (USDOT)
Traffic congestion in the US caused drivers to waste more than 3 billion gallons of fuel and kept travelers stuck in their cars for nearly 7 billion extra hours, which equates to 42 hours per rush-hour commuter. These delays cost travelers $160M in lost productivity and wasted fuel nationally (Texas A&M Transportation Institute)
Connected vehicle technology could potentially address approximately 80% of the crash scenarios involving non-impaired drivers (USDOT)
Connected cars will create a market for related products worth $53 Billion by 2018, up from $17 Billion in 2012 (GSMA)
If smart traffic mobile technology were fully utilized, fuel consumption on urban roadways could be cut by as much as 20% (CTIA)
The global intelligent transportation market, including infrastructure, connected and autonomous cars, is projected to reach $33.75 Billion by 2020 (Markets and Markets)
Just two V2V technology features – driving warning about left turn time, and another that warns of other cars about to run a red light – could prevent up to 592,000 crashes and save up to 1,083 lives in the US annually when all US vehicles have the technology (NHTSA)
Connected freight vehicles will improve food transport and storage which could help feed more than 40 million annually by preventing food spoilage of 240 million tons of transported food (GSMA)
Intelligent transportation systems in smart cities will reduce commute times by up to 35% by 2017

Economic Impact

Wireless production-type jobs pay greater than 50% higher than the national average of other production workers (CTIA)
GE believes that the ‘Industrial Internet’ (their term for the Internet of Things) will add up to $15 Trillion to the Global GDP in the next 20 years (Forbes Tech)
IoT will have an economic impact of up to $11 Trillion by 2025 (McKinsey Global Institute)
The total market for IoT solutions will be $7.1 Trillion by 2020 (IDC)
The Internet of Things will be the largest device market in the world; by 2019 it will more than double the size of the smartphone, PC, tablet, connected car and wearable market COMBINED (BI Intelligence)

Healthcare

By 2017 total mHealth market revenue will reach $26 Billion (Pew)
40% of physicians indicate they could eliminate up to 30% of office visits thru use of mobile health strategies (CTIA)

Key Tracks

Transportation

Economic Impact

Healthcare

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