MaaS is a rather new addition to the list of modern data-based solutions that promotes integrated mobility, through a single platform that solves all transportation challenges by shifting away from personally-owned vehicles. When fed with connected vehicle data, and analysed using AI and deep learning, MaaS enables users to plan, book and utilize mobility provided as a service.
Connected vehicles supply the intelligence required by MaaS models to establish a streamlined transit network of shared mobility vehicles as well as station sites, that eventually assist in the reduction of city congestion. On-demand mobility consumes vehicle data concerning trip parameters, traffic patterns, driver behavior and more, to allow consumers get access to safer, efficient and personalized journeys, right from planning till completion.
Battery-as-a-Service (BaaS)
Owing to the growing popularity of battery electric vehicles with rechargeable batteries and no gasoline engines, BaaS is a concept with high business potential. Essentially allowing customers to lease batteries as a separate component from cars, and swapping it for a new one every time it drains out of charge, BaaS addresses incessant EV issues including range anxiety, high upfront costs and a time-consuming charging process.
Data from connected vehicles supports with identifying the most relevant sites to set up a battery swapping station, considering real-time movement of EVs and vehicle density, automating site operations for most common battery issues, by measuring battery performance across numerous vehicles, as well as educating drivers on optimizing energy consumption through data-based efficiency assessment.
Ericsson estimates the total number of connected cars in operation will rise to more than 500 million by 2025, projecting USD 219.21 billion by 2025.
It has become crucial for auto OEMs to collect, store, and analyze this data to generate actionable and valuable insights to secure the world of opportunities presented by this tech revolution.Today, automotive players require a robust and comprehensive platform to enable an ecosystem of connected vehicles and emerging services to adapt to the new age customer demands and digital revenue streams.Targeted Advertising In-vehicle marketing revolutionizes driver's and passengers' lifestyles, with location and contextual-based targeted advertisement campaigns on their in-vehicle touchscreens.
Enabling unique customer engagement opportunities with offers based on drivers’ preferences, past behavior, time of day, vehicle location, current route, and more.
Such as Deliver low-fuel alerts, offer directions to your nearby fuel and convenience stores, and allow customers to pay from their dash.Connected Car InsuranceThe connected car ecosystem is disrupting the $1-trillion insurance sector, which has remained stagnant for decades.
Enabling unique usage-based insurance plans like Pay-as-you-drive (PAYD) and Pay-how-you-drive (PYHD).
Predictive Maintenance of Mission-Critical Fleet Today, business organizations with high-value assets, like fleet management companies, turn to predictive maintenance to help control the ever-increasing costs of maintaining their equipment.
Connected Car Market report published by Value Market Research, which studies the future outlook of the market.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2019-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the Connected Car include Alcatel Lucent, Apple Inc., AT Inc., Audi AG, BMW, Delphi Automotive, Ford Motor, General Motors Company, Google Inc., and NXP Semiconductors N.V..
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Connected Car Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/connected-car-market/download-sampleMarket SegmentationThe broad Connected Car has been sub-grouped into the Form Type, End Market, Application and Region.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
