This blog highlights the key worldwide connected vehicle predictions that will impact the enterprise in the next three years and beyond, developed by a team of IDC analysts across product and service innovation, mobility, semi-conductor, and smart cities: Heather Ashton, Brian Haven, Nina Turner, Ruthbea Yesner, and Mark Zannoni.
The continued development of connected vehicle technology has benefited users and manufacturers alike. The emergence of new connected capabilities provides consumers and enterprises feature-rich, safer, and efficient vehicles as well as opportunities for new services in public transportation, fleet management, and connected infrastructure. All the while, auto OEMs and IT providers benefit from the data and connectivity being produced in the vehicles, allowing them to improve processes and designs, increase value, and deliver a more polished product to drivers. Our predictions aim to highlight these advances and analyze important areas of innovation over the next three years.
The following is the list of the top 10 areas of impact predicted for technology buyers in the connected vehicle space:
Prediction 1: By 2021, as cars move to levels 4 and 5 autonomy and 5G becomes a reality, automotive OEMs will see a revenue margin increase of 5 percentage points through delivery of customized, dynamic in-vehicle content related to driving behavior and vehicle performance.
Prediction 2: By 2019, 15% of tier 1 suppliers will be connected with automotive OEMs through distributed ledgers to improve security and reduce cycle time for automotive systems design.
Prediction 3: By 2020, 25% of OEMs will monetize their contributions to connected vehicle data marketplaces, relying on the broader ecosystem of participants to collaborate with and create new offerings and services.
Prediction 4: By 2020, content distributors will obtain 20% of their revenue from streaming infotainment services after adapting their business models and distribution strategies to include connectivity as part of the service bundle.
Prediction 5: By 2020, non-auto OEM smart assistants will permeate to passenger vehicles, each expanding their reach to include vehicle management and hands-free capabilities, specifically by creating a more seamless vehicle experience, available in 30% of passenger vehicles worldwide.
Prediction 6: In response to developments in connected vehicles and pressures for improved safety, by 2020, 20% of midsize to large cities will begin to implement V2X capabilities to optimize traffic flow and significantly reduce collisions.
Prediction 7: By 2019, 50% of federal and national governments will have established legislation on the testing and performance of SAE levels 4 and 5 of driver automation, shortening timelines for the development and mass availability of autonomous vehicles by 12– 18 months.
Prediction 8: By 2021, teleoperations will have improved the delivery times of long-haul truck fleets by up to 30%.
Prediction 9: By 2020, 40% of global automotive manufacturers will use a digital twin of 50% of vehicle models throughout their life cycle to speed design collaboration and reduce the cost of quality defects and service delivery by 25%.
Prediction 10: By 2020, vehicles over $50,000 will have an average of 15 sensor systems per car, enabling a wide variety of ADAS features and/or SAE levels 2/3 driving automation functionality.
To register for the on-demand web conference on these 10 predictions or to learn more about any of the IDC FutureScape Web Conferences, please visit: https://www.idc.com/events/futurescapes.
You can find full context around these predictions in the newly published document, IDC FutureScape: Worldwide Connected Vehicle 2018 Predictions (Document idc.com. Technology leaders and their counterparts in the line-of-business (LOB) operations can use this document to guide their IT strategic planning efforts.) on