How Will Connected and Software-Defined Vehicles Impact the Automotive Market?

Software-defined vehicles (SDVs) are vehicles that can be customized, updated, and enhanced through software applications and services. Leveraging both software and connectivity, Connected and Software-Defined vehicles offer a new level of convenience, personalization, and functionality for drivers and passengers, as well as new opportunities for automakers and service providers to generate revenue and customer loyalty. However, SDVs also pose significant challenges and risks, such as cybersecurity, data privacy, and regulation. How will SDVs shape the future of mobility and transportation, and what are the key drivers and barriers for their adoption and development?
 
Connected Vehicles not only unlock new features for functionality, they can also improve safety, reduce congestion, and make vehicles more sustainable, thanks to V2X technology. Using either Wi-Fi (DSRC/ITS-G5), or cellular (C-V2X) protocols, V2X technology can take advantage of dedicated parts of the electromagnetic spectrum to facilitate low-latency vehicle to vehicle (V2V) and vehicle to traffic infrastructure (V2I) communication. V2X deployment is very dependent on regional regulation and integration of the safety technology into new car assessment programs (NCAPs), which pose significant challenges to V2X uptake globally.
 
In this webinar, IDTechEx Technology Analyst James Falkiner will present IDTechEx's analysis of the SDV market, with insights from IDTechEx's new report, "Software-Defined Vehicles, Connected Cars, and AI in Cars 2024-2034: Markets, Trends, and Forecasts". He will discuss:
  • The definition and classification of SDVs, and how they differ from traditional vehicles
  • The key features and benefits of SDVs, such as over-the-air updates, in-vehicle payments, AI-powered digital assistants, and infotainment
  • An introduction to Connected Vehicle technologies and terminologies.
  • Key regional regulations related to V2X technology for China, the US, Europe, Japan, South Korea, and India
  • The main players and partnerships in the V2X ecosystem
  • An insight into current and forecasted market size and penetration of Connected and Software-Defined Vehicles

Presenter

James Falkiner
James Falkiner
Technology Analyst
IDTechEx
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