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Results for tag: "Passenger Vehicle Connected Services"

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Growth Opportunities in North American Passenger Vehicle Connected Services - Product Thumbnail Image

Growth Opportunities in North American Passenger Vehicle Connected Services

  • Report
  • November 2022
  • 71 Pages
  • North America
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  • 4 Results (Page 1 of 1)
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In the automotive industry, Passenger Vehicle Connected Services refer to a suite of technologies that allow cars to connect and exchange data with external sources, such as other vehicles, traffic management systems, and infrastructure. These connected services enhance the driving experience by providing real-time information on traffic conditions, weather, and road safety. Features often include navigation assistance, remote diagnostics, emergency assistance, infotainment, and vehicle maintenance notifications. Advances in wireless communication, particularly the adoption of 5G technology, have expanded the capabilities of connected services. Additionally, the integration of Internet of Things (IoT) devices has facilitated more sophisticated applications such as smart parking and predictive maintenance, further augmenting the value offered to consumers. The market is driven by consumer demand for convenience, safety, and the efficiencies offered by real-time connectivity. Several companies play prominent roles in the Passenger Vehicle Connected Services market. Major automotive manufacturers like General Motors, Ford, BMW, and Toyota have developed proprietary connected services platforms to enhance their vehicle offerings. Technology companies such as Google and Apple provide software solutions and platforms, including Android Auto and Apple CarPlay, that integrate smartphones with vehicle infotainment systems. Additionally, telecommunications companies, including AT&T and Verizon, are involved in providing the necessary wireless connectivity. There are also specialized connected car companies like OnStar, which offers a range of subscription-based services including emergency response and vehicle security. Show Less Read more