Search results for: 'tech of use'

Launched on November 30, 2022, ChatGPT reached 1 million users in five days, the second fastest application to hit that milestone in history. GPT stands for generative pretrained transformer a large language model (LLM) developed by OpenAI in 2018. It has been trained on 175 billion parameters, making it one of the largest language models currently...

Generative AI (Gen AI) continues to create an impact across industries including automotive. In the next decade, Gen AI is expected to significantly influence automotive value chains, increase efficiency, productivity, and reduce wastes. In the supply chain, it will be used to optimize inventory and demand forecasting while in product development i...

14 Apr 2025  |  Global  |  Market Research

OEMs’ Used Car Retail Strategies, Europe and North America, 2025

CPO Programs and Electric Units Drive Future Transformative Growth Potential

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The used car market has undergone changes since the COVID-19 pandemic, driven by soaring prices and supply shortages of new vehicles that have suppressed demand. OEMs selling vehicles directly to end customers rather than through franchise dealerships as intermediaries is a new trend gaining traction globally. Under this business model, franchise d...

Globally, the US continues to be the leading market to test and launch vehicle subscription offers. Frost & Sullivan estimates about 32 vehicle subscription programs in the US at various stages of life cycle in 2018, and it is expected to witness more than 50 programs by 2025. Frost & Sullivan carried out more than 2000 interviews among potential c...

28 May 2021  |  Global  |  Market Research

In-vehicle Edge Tech and 5G to Make MEC the Prime Processing Hub

Future Growth Potential of MEC in Automotive Applications

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Multi-access Edge Computing (MEC) in automotive is in its early stage and this report is considered to be an overview of the automotive edge computing market. This study defines Multi-Access Edge Computing for the automotive industry and covers how automotive stakeholders should anticipate new applications on both existing and future business mode...

CES 2022 displayed trends that pave the way to innovations and technology adoption by automotive industry players worldwide. Frost & Sullivan segmented this report by automotive trends announced at CES 2022 under the following categories: a. Connected b. Autonomous c. Shared d. Electrification CES 2022 also saw exhibitors, tech companies,...

22 Oct 2024  |  Global  |  Market Research

Digitization in Public Transportation, North America and Europe, 2023 2030

Sustainability and Digitization are Driving Transformational Growth and Generating a Revenue Potential of $236.13 Billion by 2030

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The public transport industry is undergoing a transformative shift, driven by technological advancements, changing urban landscapes, and evolving passenger expectations. Digitization is emerging as a key catalyst for this transformation, offering opportunities to enhance efficiency, improve passenger experience, and foster sustainability. Why do...

The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to Urban Mobility, Radar, LiDAR, and Autonomous Fleet Intelligence, among others.The purpose of the Mobility Technology TOE is to raise awareness of global technology innovations in self-propelled ground-based mobile platforms that are not only technically significant bu...

ChatGPT has established itself as a versatile tool with potential use cases in various business functions across industries. Potential use cases across the automotive value chain are numerous. This report looks at various scenarios in which ChatGPT can be used for the key elements of the automotive value chain including supply chain, manufacturing,...