The automotive market is in the process of undergoing the biggest transformation in over a century, with the rise of mobility services, vehicle electrification, and vehicle autonomy all combining to drive significant changes in the area. These changes will help deliver new opportunities for a range of players in the automotive market.
The rise of driverless technology will crucially enable future smart mobility services to undercut the current cost of vehicle ownership as a cost per mile. As part of driving down the cost per mile, these future mobility services will require high utilization rates (over 70%). At these rates, effective maintenance through: Over-the-Air (OTA) management of software, modular hardware and predictive maintenance will be key to maximizing vehicle uptime.
This report examines the technologies, market drivers, and barriers to OTA updates, modular hardware, and remote prognostics/predictive maintenance in the automotive market, providing strategic recommendations for different automotive players as well as providing market forecasts.
In addition, the report provides case studies from a wide range of automotive players, such as: Airbiquity, Audi, Daimler, HERE, Predii, Movimento Group, Ridgetop Group, Rinspeed, Samsung, Tesla, Toyota, and Wind River.