There is no denying the fact that connected car technology has revolutionized the automotive industry. The automobiles today have efficaciously evolved into technological marvels, buzzing with the latest software, processors, sensors, and networks. Consequently, the future predictions for connected vehicles are all about technology. So, what are the likely features and the major technology trends on the horizon for the nascent connected vehicle technology?
According to Technavio, the following 5 trends will dominate the market for connected cars-
1) Algorithm based insurance premium
Smart technology is the purveyor of personalization. However, the full implication of this association hasn’t been profitable exploited. In recent times, algorithm-based businesses have really picked up, but, this advanced technology can be further adopted for personalization and the extension of superior flexibility in all facets of the applicable services.
For instance, in the automotive industry, machine learning algorithms hold the proficiency to comprehensively predict the insurance premiums applicable on a vehicle, based entirely on the driver’s skills and behavior as well as the conditions in which the vehicle is driven.
2) Connected cars evolve beyond just infotainment
While infotainment packages remain as one of the most compelling use cases for the connected car, the services are beginning to witness signs of moving into a wider range of employ cases. For instance, General Motors and IBM jointly announced, ‘OnStar Go’ in a recent communication, a common platform that combines the OnStar service with IBM’s application programming interface to create the first cognitive mobility platform.
3) Ethernet connects the connected Cars, dependably
With an aim to create widely accessible networks and infrastructure to expand connectivity, technologists across the world have been working on several innovative solutions for years. This vision is transforming into a reality with the emergence of the Internet of Things (IoT), with ethernet technology and its standards playing a pivotal role in moving the innovation ahead.
The ethernet will be applicable in areas like infotainment video and audio, thereby positively impacting the content available in the vehicle. The ethernet technology is expected to show up in cars soon and is destined to become a standard fitment in vehicle architectures.
4) Creating a personalized experience for consumers
Telematics and infotainment are already driving sales for connected cars and have become brand differentiators. However, as per the facts, consumers today are much more interested in vehicle personalization – a lucrative playing field for OEMs to exploit. Intrinsically, we will bear witness to the next wave of technological innovations in the coming years that will bring in a more contextual, and personalized experience in the vehicle.
5) Vehicle-to-vehicle communication is the next big thing
Vehicle-to-vehicle systems which allow vehicles to communicate with each other is already a popular feature. This technology is used to communicate information pertaining to the weather and road conditions, sudden braking and other such factors that will aid the motorist. These may also be used by groups of cars, driving at high speeds, to stay connected with each other.
In the coming years, connected cars will be more efficient, more entertainment oriented, and safer than the traditional vehicles. Overall, the connected car industry is set to take a huge technological leap and will introduce the most sought-after features that will dramatically transform the vehicles on the road, the way people commute and the all-encompassing market itself.
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