A new Connected Vehicles research report by UK’s top analyst house Juniper Research provides an independent analysis of the future evolution of this dynamic market and advanced connectivity solutions within the automotive industry. It presents a comprehensive study of the increase in constant connectivity technology features in cars being adopted by automotive original equipment manufacturers (OEMs), how the rise of 5G is impacting the expansion of the connected cars market, and the crucial role of mobile operators in unlocking new use cases to offer advanced connectivity and an enhanced driving experience.
The firm predicts that the upgrades to advanced driver assistance systems (ADAS), the appeal of better in-car infotainment systems, and the transformative potential of 5G’s high speed and low latency capabilities will all contribute to the growth.
However, maximizing 5G’s potential impact will require “effective collaborations between automotive OEMs and [mobile network] operators,” according to the authors of the report, who believe the 5G connectivity opportunity presented to telcos by the connected vehicle sector will be worth $3.6 billion in 2027.
According to the co-author of the research, Nick Maynard: “5G can allow automotive OEMs to upgrade the in-vehicle experience. In a vehicle market transitioning to electric vehicles, improving the user experience is key. Operators hold the critical role in enabling this in a reliable way, making them the partners of choice as their 5G networks rapidly expand.” Connected vehicles using 5G will be able to exchange information “between the various elements of the transport system and third-party services.”