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Over 3,500 annual deaths and 400,000 accidents in the US caused by distracted driving, particularly among teenage drivers. Existing solutions fail to effectively prevent smartphone usage while driving, especially through hardware-enforced restrictions.
A technology company specializing in IoT-enabled automotive safety solutions to prevent distracted driving through hardware-software integration.
Potential 3x reduction in teen driver accident rates through enforced phone restriction. Creation of dual B2C/B2B market channels with hardware-software bundle offerings. Establishment of first-mover advantage in IoT-enabled automotive safety sector.