Connected devices are beginning to dominate our lives. There is money to be made here. Is it a part of your digital business plan?

When we think of wireless networks, we think of smartphones. But in 2017, for the first time, more cars than phones were added to U.S. cellular networks, according to a new report from industry consultant Chetan Sharma.

“AT&T dominates the connected car segment,” Sharma said, noting that the company has added 1 million or more cars to its network for each of the past 11 quarters.

The bottom line: While there were more cars added, the money is still in smartphones, which have higher monthly service fees and generate the bulk of carrier revenue and profits. Still, as smartphone sales level off, other types of devices will become increasingly important.

Other findings:

• Data consumption in the U.S. reached 6 GB/month in the U.S. (The U.S. is third behind Finland and Korea on that metric and tops countries with a population of more than 60 million.)
• U.S. smartphone penetration reached 93%.
• T-Mobile is still outgrowing the competition, accounting for more than three quarters of the net growth in phones.

Source: Login – Axios