Automotive IOT focuses on emerging and disruptive technologies in the automotive industry such as Digital Transformation, Data monetization, Automotive Cybersecurity, Blockchain, emerging IOT platforms etc. OEMs and Tier-Is have realized that digitalization along with IoT, technology partnerships, software capabilities, and customized solutions will be the way forward for global automotive industry between 2018–2025. Digital transformation initiatives are expected to disrupt every industry and automotive value chain is not an exception. The rapid pace of digitalization will transform the component hardware-driven automotive sector to a software and solutions-focused industry, accelerated by consumers’ evolving digital lifestyle expectations and demands for new and innovative services.The bottomline is that new business models will focus on data, mobility, connectivity, and customer centricity along with cybersecurity.
The Frost & Sullivan Automotive IoT Program Area looks at digital and disruptive technologies which helps startups, Tier 1s and OEMs in developing new business models and digital solutions. Some of the key focus areas are provided below-
- Automotive Digital Transformation and Data Monetization
- Evolving business models, key disruptors, Technology innovation and Strategic Analysis
- Dedicated focus on technologies like Automotive Cybersecurity, Blockchain, Cloud solutions, Big data analytics, Dealer Management Software(DMS), Industry 4.0 and IoT platforms
Business Focus: Competitive landscape, Geographic trends, Technology roadmap and Pricing analysis
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17 Feb 2014  |  North America
Big Data Strategies Expected to Lead to Explicit Annual Savings up to $800 per Vehicle
The aim of this market research study is to present and analyse the impact of Big Data in the automotive industry. Big Data is not a new phenomenon in the automotive industry. The key reason for the increased industry focus on Big Data is the increasing presence of connectivity, with the short- and mid-terms promising high-speed/high-bandwidth conn...
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21 Sep 2015  |  Europe
Autonomous Vehicles and Connected Cars will Bolster Cloud Adoption
The research service discusses the key trends and use cases relevant to cloud computing and automotive ecosystem. It identifies the key areas that offer scope for essential technology innovation and discusses cloud-based solutions specific to the automotive industry. Cloud-based connected car solutions, which are now an integral part of the Interne...
15 Feb 2016  |  North America
Connected Car Imperatives Highlight Need for Holistic Security Approach, Starting with Vehicle Design
Government and consumers are concerned about cyber security in cars, as researchers were able to hack into various OEM models in 2015. This research service identifies key areas that offer scope for technology innovation and discusses cybersecurity initiatives for the automotive industry. In 2015, cybersecurity, secure data transfers, and data priv...
22 Aug 2016  |  North America
By 2020, IT Spending by Automotive Companies to Reach $80.05 Billion
Growing digitization, connectivity, cloud computing, dynamic customer preferences, Internet of Things (IoT), cybersecurity, and increasing automation are the key trends driving the automotive industry to invest in IT. Automotive OEMs, Tier I suppliers, and automotive ecosystem participants invest in key focus areas including Industry 4.0, digital r...
01 Sep 2016  |  Global
By 2025, 27.2% of Automotive Use Cases Will Use Satellite Connectivity
Automotive OEMs are experimenting with wireless communication to bring in high-speed Internet to moving vehicles to support use cases such as virtual reality, real-time gaming, and live video streaming. Cellular communication systems (2G, 3G, 4G) face issues in terms of speed, coverage, security and 5G is yet to be commercialized. This research ser...
11 Nov 2016  |  North America
Online Parts and Accessories Sales to Cross $50 Billion by 2022
This study covers key trends and data analytics for the emerging eCommerce channel in the global automotive aftermarket. The study provides a comprehensive analysis of revenues and a seven-year forecast for online sales of parts across key global markets: North America, Latin America, Europe, and certain regions in Asia. It also provides a detailed...
03 Mar 2017  |  North America
Digitalization Spending to Grow Rapidly to $82.01 Billion in 2020
Research Scope In 2015, automotive industry investments in key focus areas were about $19.57 billion. Growing digitalization and advancements in technology will increase the investments to $82.01 billion by 2020. The rapid pace of digitalization is transforming the component hardware-driven automotive sector to a software and solutions-focused ind...
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31 Mar 2017  |  North America
Automotive Ecosystem Participants to Spend ~0.6% of their Total IT Spend on Blockchain by 2025
Scope of the Study Blockchain was conceptualized by Satoshi Nakamoto. Blockchains are a new data structure in which data is replicated at every node on the network to create permanence and resilience. There are ~600+ digital currencies and ~70+ digital assets built on platforms such as Ethereum and Counterparty. The Blockchain ecosystem includes ...
02 Aug 2017  |  Global
Automotive Mobility Integration and Impact to Ownership Costs by Services to Add More than $1 Trillion in OEM Revenue
The global automotive product to service market will be driven by mobility, connected services, and value-added upgrades. New business model disruptions are expected and they will extend the automotive service revenue pool up to $ 1.3 trillion. Car companies are evolving from the business of merely manufacturing and selling cars, to providing relat...
26 Dec 2017  |  North America
IIoT Architecture Standardization to Create a $90 Billion Opportunity by 2021
Industrial Internet of Things (IIoT) can be leveraged to transform the production aspect and future potential of the automotive manufacturing business. While evolving technologies play a key role in fostering the automotive business, it becomes crucial for automotive manufacturers to stay connected in order to amalgamate different technologies like...