Connected Vehicles: The Future of Driving
The digital platform for vehicles to witness high market growth
Connected vehicles, shared mobility, infotainment and telematics along with autonomous and electric vehicle technology are driving towards smart mobility. These correlated technologies have initiated excellent opportunities for building a strong partnership between technology players. Telematics and infotainment technologies are witnessing rapid growth driven by compulsory safety regulations, affordability, ease of communication, and technological advancements. Infotainment market has growing opportunities to enhance the driving experience, Electronic Control Unit (ECU) remote monitoring, controlling in-car multimedia experiences, navigation, and internet connectivity. Connected vehicles, telematics and infotainment technology play vital role in improving and enhancing vehicle efficiency, performance and safety along with comforting the commute and reducing travel time. These technologies have ample benefits such as reduction in crashes, productivity enhancement, manageable traffic flow, and reduction in travel time dependability etc. However, some of the issues with vehicle added connectivity and telematics include security, privacy, and data analytics. Furthermore, the advancements in technologies such as AI and IoT have also initiated the market growth of connected, infotainment, and telematics in automobiles.
Connected vehicle, infotainment, shared mobility, and telematics have created and ecosystem of collaboration and partnerships between technology providers, OEMs, infrastructure, in-car infotainment, hardware, software, AI providers and other suppliers. This has changed the business models of top automotive giants and have initiated the mergers and acquisition strategies between OEMs and start-ups.
M14 Intelligence serves as a strategic business partner to automotive companies across the supply chain of connected, shared mobility, infotainment, and telematics technology by offering premium market intelligence data. Our research study help you to in strategic decision making related to partnerships, collaborations, mergers &acquisitions with tech companies to thrive in this volatile market.