The automotive industry has faced rapid change in recent years. Automated driving, electric vehicles, emissions regulations and more have spurred innovation at scale. Now, as OEMs also digitise their manufacturing processes using Industry 4.0 solutions like industrial IoT, AI and digital twins, we’re seeing real-time data processing in cars impact everything from the driving experience to production lines. In this piece from Berg Insight, in collaboration with Volt Active Data, learn about the state of the connected car market and what these innovations mean for manufacturers and drivers alike. REGISTER NOW TO READ FULL ANALYST REPORT Explore core topics including:
- The market trajectory - There’s no turning back. 79% of all new cars sold worldwide in 2024 were equipped with an OEM-embedded telematics system and Berg Insight estimates that the number of connected cars will grow at a CAGR of 13.0% from 282.6 million connected cars in 2024 to 521.0 million connected cars in 2029.
- Car data needs - As what cars can do increases, the data demands do as well. Modern cars can stream, game and handle video calls; consuming more than 30 GB per year and even the mid-range data consumption averages at 2.5 GB per year.
- Why real-time processing matters - As cars get smarter, consumer expectations for responsiveness increases. For emergency services, personalised recommendations, V2X communications and autonomous driving; real-time data processing isn’t a ‘nice to have’ feature, it’s now essential.
- Connectivity across the value chain - IIoT is increasingly used to secure assets, increase operational efficiency, optimise processes, predict equipment failures and remotely monitor and control industrial plants and machinery; creating the connected ecosystems of the future across the whole value chain.
- Spotlight on factory automation, predictive maintenance - IIoT; powered by a platform like Volt Active Data, allows for remote product management, factory automation and predictive asset maintenance.
In just a few pages of rich insights, understand where connected cars and smart manufacturing are going and how real-time data processing is helping them get there. Click to download your copy now. REGISTER NOW TO READ FULL ANALYST REPORT