DSRC

IDTechEx Discusses Why the SDV Market Will Be Worth US$700 Billion by 2034

Retrieved on: 
Monday, April 15, 2024
2600-series (CTA), Mastercard, Safety, IAA, JPMorgan Chase, Radio, SDV, Autopilot, Build automation, IPad, Radar, Software, Hardware, Partnership, Communication, OTA, Wi-Fi, ADAS, Research, Rat, Cloud computing, Karaoke, Ford Mustang Mach-E, DSRC, Collision avoidance system, Volkswagen, BMW, Ford, Infrastructure, Apple, Lidar, AEB, Online shopping

BOSTON, April 15, 2024 /PRNewswire/ -- The SDV and AI Cars market is set to be worth over US$700 billion by 2034, representing around 20% of the global car market, according to IDTechEx's "Software-Defined Vehicles, Connected Cars, and AI in Cars 2024-2034" report. That sum can be sourced from several areas, such as monthly connectivity subscriptions, commission from in-vehicle payments, and one-time software upgrades. Thanks to improvements in-car connectivity, onboard hardware capabilities, and a global shift in consumer preferences toward subscription models, the software-defined vehicle market is set to grow at 34% CAGR between 2023 and 2034.

Key Points: 
  • BOSTON, April 15, 2024 /PRNewswire/ -- The SDV and AI Cars market is set to be worth over US$700 billion by 2034, representing around 20% of the global car market, according to IDTechEx's " Software-Defined Vehicles, Connected Cars, and AI in Cars 2024-2034 " report.
  • In Europe, Ford charges only roughly €25 a month, depending on the country, demonstrating the variance and flexibility in SDV pricing.
  • Key aspects of the IDTechEx report:
    - An extensive discussion on how software is becoming a key differentiator for automakers and consumers.
  • For the full portfolio of autonomy market research available from IDTechEx, please see www.IDTechEx.com/Research/Autonomy .

IDTechEx Discusses Why the SDV Market Will Be Worth US$700 Billion by 2034

Retrieved on: 
Monday, April 15, 2024
2600-series (CTA), Mastercard, Safety, IAA, JPMorgan Chase, Radio, SDV, Autopilot, Build automation, IPad, Radar, Software, Hardware, Partnership, Communication, OTA, Wi-Fi, ADAS, Research, Rat, Cloud computing, Karaoke, Ford Mustang Mach-E, DSRC, Collision avoidance system, Volkswagen, BMW, Ford, Infrastructure, Apple, Lidar, AEB, Online shopping

BOSTON, April 15, 2024 /PRNewswire/ -- The SDV and AI Cars market is set to be worth over US$700 billion by 2034, representing around 20% of the global car market, according to IDTechEx's "Software-Defined Vehicles, Connected Cars, and AI in Cars 2024-2034" report. That sum can be sourced from several areas, such as monthly connectivity subscriptions, commission from in-vehicle payments, and one-time software upgrades. Thanks to improvements in-car connectivity, onboard hardware capabilities, and a global shift in consumer preferences toward subscription models, the software-defined vehicle market is set to grow at 34% CAGR between 2023 and 2034.

Key Points: 
  • BOSTON, April 15, 2024 /PRNewswire/ -- The SDV and AI Cars market is set to be worth over US$700 billion by 2034, representing around 20% of the global car market, according to IDTechEx's " Software-Defined Vehicles, Connected Cars, and AI in Cars 2024-2034 " report.
  • In Europe, Ford charges only roughly €25 a month, depending on the country, demonstrating the variance and flexibility in SDV pricing.
  • Key aspects of the IDTechEx report:
    - An extensive discussion on how software is becoming a key differentiator for automakers and consumers.
  • For the full portfolio of autonomy market research available from IDTechEx, please see www.IDTechEx.com/Research/Autonomy .

Electronic Toll Collection Market worth $14.7 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 12, 2024
Form factor, Telephone numbers in Hungary, Component, Urbanization, Radar engineering details, Ultra, Commercial, Piezoelectric sensor, Roper Technologies, Magnetometer, Statistics, Advanced Traffic Management System, Row, Carriageway, ANPR, Accident, Safety, Air pollution, GNSS, Acoustics, Database, DSRC, RFID, Government, Environment, Transport, Induction, Cubic Corporation, Tag, Host, Collection, Hardware, Airline

The highway segment accounted for the larger share of ~91% of the electronic toll collection market in 2029.

Key Points: 
  • The highway segment accounted for the larger share of ~91% of the electronic toll collection market in 2029.
  • Back Office & Other Services segment accounted for the larger share of ~75% of the electronic toll collection market in 2029.
  • Asia Pacific is expected to hold the largest share of the electronic toll collection market during the forecast period.
  • The key players in electronic toll collection companies include Kapsch TrafficCom AG (Austria); Conduent, Inc. (US); TransCore (US); Thales (France); Cubic Corporation (US).

Electronic Toll Collection Market worth $14.7 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 12, 2024
Form factor, Telephone numbers in Hungary, Component, Urbanization, Radar engineering details, Ultra, Commercial, Piezoelectric sensor, Roper Technologies, Magnetometer, Statistics, Advanced Traffic Management System, Row, Carriageway, ANPR, Accident, Safety, Air pollution, GNSS, Acoustics, Database, DSRC, RFID, Government, Environment, Transport, Induction, Cubic Corporation, Tag, Host, Collection, Hardware, Airline

The highway segment accounted for the larger share of ~91% of the electronic toll collection market in 2029.

Key Points: 
  • The highway segment accounted for the larger share of ~91% of the electronic toll collection market in 2029.
  • Back Office & Other Services segment accounted for the larger share of ~75% of the electronic toll collection market in 2029.
  • Asia Pacific is expected to hold the largest share of the electronic toll collection market during the forecast period.
  • The key players in electronic toll collection companies include Kapsch TrafficCom AG (Austria); Conduent, Inc. (US); TransCore (US); Thales (France); Cubic Corporation (US).

Global Annual Unit Sales of V2X-Connected Vehicles Set to Exceed 60 Million Vehicles by 2034, Reports IDTechEx

Retrieved on: 
Tuesday, January 30, 2024
Lidar, Weather, Congestion, Research, OEM, Build automation, Volkswagen, DSRC, Accident, NCAP, AVS, Smartphone, Perception, RAT, Radar, Connected, Communication, ADAS, Risk, V2X, Safety, Original equipment manufacturer, Benchmarking, AEB, Growth, Mobile phone

V2X, which stands for Vehicle-to-Everything, uses either Wi-Fi or cellular-based technology to facilitate communication with other vehicles and traffic infrastructure.

Key Points: 
  • V2X, which stands for Vehicle-to-Everything, uses either Wi-Fi or cellular-based technology to facilitate communication with other vehicles and traffic infrastructure.
  • Currently, there are approximately 1 million V2X-connected vehicles on the road globally, with those mainly concentrated in Europe and China.
  • IDTechEx's market research portfolio includes reports on Connected and Software-Defined Vehicles , Future Automotive Technologies , and Autonomous Vehicles .
  • These reports take a deep dive into the market drivers, barriers, technologies, players, and markets for the future of the automotive market.

Global Annual Unit Sales of V2X-Connected Vehicles Set to Exceed 60 Million Vehicles by 2034, Reports IDTechEx

Retrieved on: 
Tuesday, January 30, 2024
Lidar, Weather, Congestion, Research, OEM, Build automation, Volkswagen, DSRC, Accident, NCAP, AVS, Smartphone, Perception, RAT, Radar, Connected, Communication, ADAS, Risk, V2X, Safety, Original equipment manufacturer, Benchmarking, AEB, Growth, Mobile phone

V2X, which stands for Vehicle-to-Everything, uses either Wi-Fi or cellular-based technology to facilitate communication with other vehicles and traffic infrastructure.

Key Points: 
  • V2X, which stands for Vehicle-to-Everything, uses either Wi-Fi or cellular-based technology to facilitate communication with other vehicles and traffic infrastructure.
  • Currently, there are approximately 1 million V2X-connected vehicles on the road globally, with those mainly concentrated in Europe and China.
  • IDTechEx's market research portfolio includes reports on Connected and Software-Defined Vehicles , Future Automotive Technologies , and Autonomous Vehicles .
  • These reports take a deep dive into the market drivers, barriers, technologies, players, and markets for the future of the automotive market.

Automotive V2X Market worth $9.5 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, January 25, 2024
Civic, Visteon, Mobile, RSU, Linux, V2V, Huawei, Qualcomm, Mercedes-Benz, Commercial vehicle, SAE, ThreadX, ID, Propulsion, BSD, Ford Mustang Mach-E, Connectivity, IEEE, MED, Siemens Mobility, Volkswagen, BMW, Vision Zero, Communication, NXP Semiconductors, Aircraft, Safety, NXP, Collision avoidance system, F-150, FCW, MK6, Intelligent transportation system, Originality, DSRC, Capgemini, MWC, Original equipment manufacturer, Harman International, Wi-Fi, LDW, ONX, Antirrhinum, Hardware, Hertz, Information, OBU, Port of Hamburg, Android, Capgemini Engineering, IEEE 802.11p, PikeOS, Private sector, Region, ITS, Mobile phone

Automotive Vehicle-to-Everything (V2X) software comprises a set of instructions that command various hardware components to execute specific tasks within the V2X technology framework.

Key Points: 
  • Automotive Vehicle-to-Everything (V2X) software comprises a set of instructions that command various hardware components to execute specific tasks within the V2X technology framework.
  • Prominent entities in the automotive V2X market provide software solutions that align with both Dedicated Short-Range Communication (DSRC) and Cellular Vehicle-to-Everything (C-V2X).
  • Other companies, such as Visteon, Autotalks, Derg, and Commsignia, also contribute software solutions for automotive V2X.
  • All these factors are expected to augment revenues for the software segment of the automotive V2X industry during the forecast period.

Automotive V2X Market worth $9.5 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, January 25, 2024
Civic, Visteon, Mobile, RSU, Linux, V2V, Huawei, Qualcomm, Mercedes-Benz, Commercial vehicle, SAE, ThreadX, ID, Propulsion, BSD, Ford Mustang Mach-E, Connectivity, IEEE, MED, Siemens Mobility, Volkswagen, BMW, Vision Zero, Communication, NXP Semiconductors, Aircraft, Safety, NXP, Collision avoidance system, F-150, FCW, MK6, Intelligent transportation system, Originality, DSRC, Capgemini, MWC, Original equipment manufacturer, Harman International, Wi-Fi, LDW, ONX, Antirrhinum, Hardware, Hertz, Information, OBU, Port of Hamburg, Android, Capgemini Engineering, IEEE 802.11p, PikeOS, Private sector, Region, ITS, Mobile phone

Automotive Vehicle-to-Everything (V2X) software comprises a set of instructions that command various hardware components to execute specific tasks within the V2X technology framework.

Key Points: 
  • Automotive Vehicle-to-Everything (V2X) software comprises a set of instructions that command various hardware components to execute specific tasks within the V2X technology framework.
  • Prominent entities in the automotive V2X market provide software solutions that align with both Dedicated Short-Range Communication (DSRC) and Cellular Vehicle-to-Everything (C-V2X).
  • Other companies, such as Visteon, Autotalks, Derg, and Commsignia, also contribute software solutions for automotive V2X.
  • All these factors are expected to augment revenues for the software segment of the automotive V2X industry during the forecast period.

IDTechEx Forecasts Software-Defined Vehicles Market to Be Worth Over US$700bn by 2034

Retrieved on: 
Monday, January 8, 2024
Tesla Model 3, Wi-Fi, BMW, 2600-series (CTA), Classification, Sale, OEM, Software, Research, DSRC, New Car Assessment Program, Original equipment manufacturer, ADAS, Accident, Ford, Connected, Smartphone, Rat, SDV, Congestion, Radio, Safety, Communication, Video game

By conducting an analysis centered around software functionality, IDTechEx gained a comprehensive understanding of the current status of software-defined vehicles .

Key Points: 
  • By conducting an analysis centered around software functionality, IDTechEx gained a comprehensive understanding of the current status of software-defined vehicles .
  • To create a way of comparing existing and future vehicles, IDTechEx has condensed their understanding into an SDV Level Guide, which compares vehicles' software and software-critical hardware.
  • For other detailed Connected Vehicle forecasts, please refer to the new IDTechEx report, " Connected and Software-Defined Vehicles 2024-2034: Markets, Forecasts, Technologies ".
  • Drawing from this research, IDTechEx forecasts a 35% CAGR in automotive software-related revenue by 2034, with software-related revenue worth more than US$700 billion annually (US, 2023 prices) by 2034.

IDTechEx Forecasts Software-Defined Vehicles Market to Be Worth Over US$700bn by 2034

Retrieved on: 
Monday, January 8, 2024
Tesla Model 3, Wi-Fi, BMW, 2600-series (CTA), Classification, Sale, OEM, Software, Research, DSRC, New Car Assessment Program, Original equipment manufacturer, ADAS, Accident, Ford, Connected, Smartphone, Rat, SDV, Congestion, Radio, Safety, Communication, Video game

By conducting an analysis centered around software functionality, IDTechEx gained a comprehensive understanding of the current status of software-defined vehicles .

Key Points: 
  • By conducting an analysis centered around software functionality, IDTechEx gained a comprehensive understanding of the current status of software-defined vehicles .
  • To create a way of comparing existing and future vehicles, IDTechEx has condensed their understanding into an SDV Level Guide, which compares vehicles' software and software-critical hardware.
  • For other detailed Connected Vehicle forecasts, please refer to the new IDTechEx report, " Connected and Software-Defined Vehicles 2024-2034: Markets, Forecasts, Technologies ".
  • Drawing from this research, IDTechEx forecasts a 35% CAGR in automotive software-related revenue by 2034, with software-related revenue worth more than US$700 billion annually (US, 2023 prices) by 2034.