Tech more popular than cars for Gen Y

UK — The majority ( 65%) of UK millennials think the latest smartphone are of more value and use than the most recent model of a car according to research commissioned by Prophet looking at the 18- to 34-year-olds.

Res_4013132_Cars_458

Other findings of relevance to the automotive industry include 68% agreeing that their car doesn’t need to be fully digitally connected because their smartphone already provides sufficient internet, communication and navigation for driving. Additionally, most respondents ( 67%) either ‘agree’ or ‘strongly agree’ that they would rather buy a second hand vehicle and spend the saved money on electronics, recreation or travel.

More men ( 19%) than women ( 10%) want a car delivered to their door and to be shown how it functions.  

The research was an Omnibus survey of over 1,000 18-34 year olds.

Greg Handrick, partner at Prophet, said: “Generation Y has a very different outlook from the generations before it and car companies must find new, creative ways to appeal to them. If they don’t, they could become completely irrelevant to their lives, especially as the research also shows that millennials are very open to car sharing ideas, like car-pooling, which may not require owning a car at all.

“Young people are very sceptical and hesitant when it comes to connected cars. They do not recognise the advantages and are afraid of being distracted by more electronic services in car. It’s up to car companies to better communicate the advantages and reassure them about safety risks,” added Handrick.

This is not just a UK trend. Similar results were garnered when the questionnaires were carried out in Germany and the USA as well. However, there were some distinct differences between the three markets. For example, in Germany the vast majority ( 65%) of young people agree that the car is steadily losing its significance as a status symbol, compared with 50% of Brits and 47% of Americans.

Full details of the survey are available here.

We hope you enjoyed this article.
Research Live is published by MRS.

The Market Research Society (MRS) exists to promote and protect the research sector, showcasing how research delivers impact for businesses and government.

Members of MRS enjoy many benefits including tailoured policy guidance, discounts on training and conferences, and access to member-only content.

For example, there's an archive of winning case studies from over a decade of MRS Awards.

Find out more about the benefits of joining MRS here.

0 Comments


Display name

Email

Join the discussion

Newsletter
Stay connected with the latest insights and trends...
Sign Up
Latest From MRS

Our latest training courses

Our new 2025 training programme is now launched as part of the development offered within the MRS Global Insight Academy

See all training

Specialist conferences

Our one-day conferences cover topics including CX and UX, Semiotics, B2B, Finance, AI and Leaders' Forums.

See all conferences

MRS reports on AI

MRS has published a three-part series on how generative AI is impacting the research sector, including synthetic respondents and challenges to adoption.

See the reports

Progress faster...
with MRS 
membership

Mentoring

CPD/recognition

Webinars

Codeline

Discounts