As we arrive into a new era of digital and smart mobility, the smartphone and four wheelers are bound to interact more than ever before. Connectivity is enabling additional innovation around designs and technologies that feature in the modern vehicles. Thanks to the emergence of revolutionary technologies such as Internet of Things (IoT) and Machine-to-Machine (M2M) communications, today’s vehicles are safer, responsive and more fun to drive than ever before in the history of motorized travel.
Ride Along : Connected car M2M market is going places
With the expansion of high-speed cellular networks, connected car M2M technology can prodigiously bring more sophisticated software and services to the vehicle. From real-time locations to in-car infotainment systems, from geofencing applications that are tagged to digital services, to integration with popular operating systems like Android and iOS, cutting-edge innovations are driving the automotive industry globally to embrace the power of IoT and M2M technology.
The Machine-to-Machine (M2M) communications industry is enjoying massive growth as technology scales to connect devices and machines in a wide assortment of industries. An exciting area within M2M is in vehicular networks. Consequently, automotive companies are strategically partnering with telecommunication carriers to improve the efficiency, safety and economic impact of the transportation industry.
M2M sim cards are used to form a strong connection between two or more vehicles for the automated data transmission. A car can be connected to OEMs, third party service providers, or internet capable devices for a seamless interaction and secure driving experience.
Go big or go home : Taking safety to the next level, or going under
In an era of digital and computerized solutions, the delivery of just basic safety features does not fetch a brand any competitive edge. A premium level of telematics solutions that comprises of infotainment, vehicle-to-vehicle communication and navigation are absolutely required to satisfy the growing customer requirements.
So how does it work? The M2M technology using wireless communication allows vehicles to interact with each other, as well as with the infrastructure around them and alert drivers in the loop about road conditions. Drivers can be notified of possible collisions, dangerous road conditions and hazardous curves using an array of automated systems.
Connected cars are rapidly advancing towards comprehensive security with the launch of M2M technology. Nevertheless, leakage of personal information is one of the major points of concern for potential buyers of these connected cars. Thus, the networks connected to the car need to be protected and secured to avoid any internal or external attacks on the sensitive communication systems. Safety must be given the top priority.
Advanced vehicle management helps with car insurance too
The emergence of telematics powered by M2M devices is not only benefitting the telecommunication and automotive industry but is also profitable for insurance companies. These innovative vehicle management systems provide complete information about a car’s performance and send the associated data automatically to fleet owners and insurance companies. The latter can use this information to fix upon premium amounts and other such factors.
While the usage of anti-fatigue devices lessen accidents, the systems used to monitor the driver’s vital functions caution them about their inability to pilot the automobile. Additionally, these also increase the ease of maintenance in vehicles with the use of onboard information updates, remote control unlocking and starting system and timely alerts on service schedules.
Source the complete insights on lucrative areas of this fast-evolving industry through Technavio’ s recent market research report as completed by industry experts. Download a free sample by clicking on the links listed below.
