The Future of Cars: How Connected and Software-Defined Vehicles Are Changing the Game

let’s talk about the impact of connected and software-defined vehicles (SDVs) on the automotive market. These vehicles are all about customization, updates, and enhanced features through software applications and services. They bring a whole new level of convenience, personalization, and functionality for drivers and passengers. Plus, they open up new opportunities for automakers and service providers to make money and keep customers happy. But, of course, there are challenges too, like cybersecurity, data privacy, and regulation. So, how exactly will SDVs shape the future of mobility and transportation? And what’s standing in the way of their adoption and development?

Connected Vehicles are not just about adding new features; they also make things safer, reduce traffic jams, and make vehicles more eco-friendly, thanks to V2X technology. This tech uses Wi-Fi (DSRC/ITS-G5) or cellular (C-V2X) protocols to enable quick vehicle-to-vehicle (V2V) and vehicle-to-traffic infrastructure (V2I) communication. But here’s the catch: V2X deployment depends a lot on regional regulations and integrating safety tech into new car assessment programs (NCAPs). This makes it tough for V2X to take off globally.

In an upcoming webinar, IDTechEx Technology Analyst James Falkiner will share insights from IDTechEx’s report, “Connected and Software-Defined Vehicles Market: 2024-2034”. He’ll cover the definition and classification of SDVs, their key features and benefits, an intro to Connected Vehicle tech, regional regulations related to V2X technology, the major players and partnerships in the V2X ecosystem, and the current and forecasted market size and penetration of Connected and Software-Defined Vehicles.