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Internet of Cars

  • November 2015
  • 57 pages
  • Frost & Sullivan
Report ID: 3443681

Summary

Table of Contents

Internet of Cars : Connected Safety and Mobility Applications are the Real Innovations from IOT in Cars

This study investigates the applications that the Internet of Cars (IOC) holds for key participants namely government, end consumers, original end manufacturers, and dealers. It explains how connected cars impact convenience, safety and security of cars. The study also explains the technology infrastructure required for implementing connected cars and highlights how a morning commute in 2025 would look like. It includes a supplier benchmark which displays the capabilities of Tier I suppliers and discusses various challenges and their possible solutions. Autonomous cars and OEM capabilities are discussed.

Key Findings

Mobility is the new byword for transportation, as Apple, Google and Uber threaten automotive OEMs with mobility solutions that would draw customers away from traditional car ownership.
Internet of Cars (IOC) emphasises mobility rather than ownership. It holds the potential to reduce travel time by % and decongest cities by 2035.
The dependence of modern automobiles on electronics and Information Technology has allowed Apple, Google, and Uber to infiltrate the market. They pose a huge threat to automotive OEMs by offering mobility solutions.
Connected safety technology promises to reduce accidents and fatalities by % using active safety technologies enhanced by the Internet.
IOC improves customer lifestyle, as the car is transformed into a mobile phone on wheels. Customers can avail various services with the touch of a button.
Automotive cyber security benefits from the developments in IT cyber security. An influx of participants are seen as government agencies join forces with OEMs and IT cybersecurity companies to mitigate cyber threats.

Key Questions this Study will Answer

- Technology infrastructure required for connected cars?
- What applications does the IOC unlock for key participants?
- What convenience and safety features are unlocked for customers? How does it change the future of commuting?
- How vulnerable are connected cars? How can threats be mitigated?
- What are the autonomous technology capabilities of Tier I suppliers? What are OEMs doing?

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