Pre-covid, the auto industry was progressing towards a connected car vision. During the pandemic, it forced the whole market to reconsider, slow down and re-think mobility and transportation. The way we are transporting ourselves and products is in transition. Business conversations about car innovation, mobility, and the manufacturing and supply chain for the automotive and transportation verticals are more crucial than ever. Vehicles are getting connected, electrified, redefined, and more automated. Car connectivity is now considered a requirement from the start. The transition to this intelligent, connected car is already happening as the vehicle is now our smartphone, map, traffic reporter, and personal DJ. Thanks to network connectivity, the car is becoming a more personalized and customized transportation method, but there are still many challenges ahead.
As 5G networks continue to be deployed, the Ericsson Mobility Report outlines that the automotive industry is expected to be among the top four industries for 5G enabled service provider opportunities by 2030. With the continued roll-out of 5G, coupled with access to 4G LTE services, the connected car will transform once again and become a software-defined, network-aware, ultra-connected car that will transmit data and “interact” with the road and every other vehicle around it.
With a 5G connected car, data insights and analytics can be used to understand customer needs and provide predictive maintenance. Car manufacturers can manage connectivity and cost with one Standard Level Agreement (SLA) contract. Universal connectivity for automotive is one solution for seamless connectivity for connected vehicles and smooth integration with relevant ecosystems.
An autonomous vehicle is the next step, where the car does the driving, and it will ultimately rely on the integration of 5G technology in automotive systems. Some of the very first self-driving cars were not connected vehicles. They relied on radar and planned routes to navigate the roads. However, going forward most self-driving cars will be connected as there is a myriad of benefits for a relatively small cost. Over time these technologies will improve, new technologies will be introduced and gradually cars will do more and more of the driving.
To delve deeper into the automotive industry’s future, Group Futurista is happy to present it’s “Future of Connected and Autonomous Vehicle” webinar.
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