Smart, Social and Autonomous

Smart, Social and Autonomous

The automotive industry is undergoing rapid transformation because of changing demographics, lifestyles and new ownership models. An avalanche of intelligent technologies such as ADAS, in-vehicle electronics, autonomous driving features and rapid innovation in the ecosystem are redefining the pre-purchase, driving and transition experience. 

There are a number of key trends that will influence the connected vehicle market in the next 3 to 5 years including the following ones.

• Extreme personalization: It is either personalize or perish and human-centered design is key
• Exponential growth in bandwidth & ubiquitous connectivity: Moore’s law applies as much to connectivity as it does to computing. Analysts predict data velocity of 350 MB/sec by 2017
• Changing business models: Car-sharing, on-demand services are adopted rapidly and will challenge existing ownership paradigms
• Rapid ecosystem innovation: Availability of vehicle related data through on-board diagnostic (OBD) port is revolutionary and has fueled massive opportunities for after-market players
• Data will be the competitive edge: Analysts predict that upto 75% of connected car services will be fueled by big data. 

Read more : https://www.aricent.com/solutions/connected-vehicle-engineering