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Showing posts with the label V2V

New Technology will Disrupt Automotive Business Models

In-vehicle technologies and telematics, in particular, will transform the automotive industry. The term ‘connected cars’ refers to devices installed in the vehicle which allow Machine-to-Machine (M2M) communication or machine-to-human interaction. M2M is communication between two single machines with no human interaction. In terms of vehicle telematics, this allows data to be sent from the vehicle to another location and used for vehicle conditioning or to monitor driver behavior. Connected Car Market Development According to the latest worldwide market study by Juniper Research, over 62 million vehicles will be capable of Vehicle-to-Vehicle (V2V) communication by 2023 -- rising from just over 1.1 million in 2019. This adoption represents an average annual growth rate of 173 percent over these 4 years. Juniper believes that V2V solutions will enable low-latency communications between vehicles, notably for the purpose of driver safety. The new market analysis found that th...

Augmented Reality Applications will Transform Vehicles

Car manufacturers are both excited and cautious about how new technology is reshaping their industry. As an example, innovative automotive applications for Augmented Reality (AR) and Virtual Reality (VR) will redefine the vehicle driving and ownership experience, according to the latest worldwide market study by ABI Research. AR Heads-Up Displays (HUDs) will enable advanced autonomous vehicle operation by painting 3D navigation instructions onto road geometry, highlighting moving obstacles like crossing pedestrians, and enhancing driver awareness of autonomous operation. By 2025, ABI Research analysts predict that more than 15 million AR HUDs will ship -- with more than 11 million to be embedded solutions. However, there are numerous issues that must be resolved, in order for mainstream market development to blossom. Automotive Use Cases for AR/VR Technology "Automotive OEMs need to address technological challenges before AR HUDs hit the mainstream market," says Domin...

M2M Data Fuels New Cloud Object Storage Use Cases

Machine-to-Machine (M2M) connectivity has become a key product offering from global telecom service providers and a significant new revenue stream. They've also developed complex service propositions, designed to reduce costs and increase efficiency for their wireless network customers. Unique business models will apply emerging technology concepts to enable innovative applications for the Internet of Things (IoT). As an example, in-vehicle infotainment services, such as Apple CarPlay and Android Auto, will generate large amounts of new cellular M2M mobile data traffic. Exponential Growth of M2M Data Traffic Over the next five years, this explosion of new mobile applications will account for up to 98 percent of all M2M data traffic, according to the latest worldwide market study by Juniper Research. Most of that new data will be saved in hyperscale cloud object storage platforms. Their study found that data intensive applications -- such as Internet radio, music streaming a...