What is the future of connected cars?

The market for connected cars is predicted to soar to over $215 billion by 2027. Connected cars are potentially safer for road users, and less harmful to the environment. They open up new revenue streams for the car industry, with features such as remote diagnostics, predictive maintenance and online service scheduling.

How many cars will have embedded connectivity by 2022?

It’s estimated that there will be more than 125 million passenger cars with embedded connectivity on the world’s roads, a 270% increase since 2018.

Why are connected cars important?

Connected cars have clear benefits, being potentially safer and less harmful for the environment. They also present the car industry with an opportunity to innovate and create stronger relationships with its customers than ever before.

What do we expect of connected cars?

With the demand for greater connectivity set to soar, 5G-enabled connected cars will become the new norm. What we expect of a vehicle is fundamentally changing from a tool used to merely move us from A to B, to an integrated, fully-connected hub.

What is vehicle-to-infrastructure communication?

Vehicle-to-infrastructure communication enables direct communication channels between a vehicle and nearby road infrastructure, without need to connect through a central mobile network.

How much is the connected car market worth?

The market for connected cars is predicted to be worth over $215 billion by 2027. With the demand for greater connectivity set to soar, 5G-enabled connected cars will become the new norm.

Why do we need 5G in our cars?

According to McKinsey, 40% of consumers would change car brands just to gain more connectivity within their vehicles, rising to 61% for drivers in China. 5G-enabled vehicles allow drivers to enjoy their favourite entertainment apps, such as music streaming services or audio book services, from the comfort of their vehicle.

Why is connectivity important for drivers?

This means that drivers will be alerted to nearby hazards, such as broken-down vehicles, reducing the chance of accidents. It has the potential to significantly improve road safety around the world. 2. Consumer experience. Driver demand for connectivity is increasing as people become more familiar with the benefits of staying connected.

Can 5G improve road safety?

As well as improving road safety, many of the key features of 5G-enabled vehicle-to-everything technology could also help to manage traffic congestion in major cities.