Skip to main content

Smartphones ‘expected to help connect older vehicles to V2X network’

A recent report from Navigant Research, Connected Vehicles, examines the market for connected vehicles, with a focus on the key components of vehicle-to-external communications (V2X) communications technology and factors that may influence successful deployment. The study provides an analysis of how these factors, including the cost of hardware, regulations, potential societal benefits, and security and privacy concerns, are projected to affect OEMs, hardware and software suppliers, regulators, and intellig
September 1, 2015 Read time: 2 mins

A recent report from 7560 Navigant Research, Connected Vehicles, examines the market for connected vehicles, with a focus on the key components of vehicle-to-external communications (V2X) communications technology and factors that may influence successful deployment.

The study provides an analysis of how these factors, including the cost of hardware, regulations, potential societal benefits, and security and privacy concerns, are projected to affect OEMs, hardware and software suppliers, regulators, and intelligent transportation infrastructure operators.

Global market forecasts of OEM and aftermarket sales of DSRC equipment for light, medium, and heavy duty vehicles, broken down by vehicle segment and region, extend through 2025. The report also provides a review of major market drivers and barriers related to connected vehicles and key industry players within the competitive landscape.

It concludes that total revenue for V2X systems is expected to reach nearly US$180 billion from 2015 to 2025.

The increasing drive to reduce vehicle emissions and increase safety for drivers is spurring several technological developments in the transportation sector. One area benefitting from this push is the increasing development of V2X systems that allow real-time information sharing between vehicles, drivers, and pedestrians.

“Connected vehicles hold enormous potential for drivers to reduce vehicle crashes by increasing their awareness of hazards and other dangers around them while driving,” says Sam Abuelsamid, senior research analyst with Navigant Research. “By using these systems, drivers can take advantage of real-time alerts about changing road conditions or other vehicles and pedestrians that they might otherwise not be able to see.”

While most new cars and trucks arriving in the next decade are likely to include built-in V2X systems of some sort, this still leaves nearly two billion existing vehicles on the road without connectivity. Through the use of wi-fi radios and antennas modified to support dedicated short-range communications (DSRC) frequencies and other small changes, smartphones are expected to help fill this gap and integrate existing vehicles into the V2X network, increasing its effectiveness.

Related Content

  • March 22, 2012
    Nearly half of vehicles produced annually by 2017 will have fleet management systems
    Vehicle OEMs have traditionally focused on their core competency of vehicle usage and vehicle analysis, rather than transport operation. This has placed them at a disadvantage to independent aftermarket telematics vendors, whose core competence is in transport operation. OEMs have typically limited client contact after selling the vehicle. But this is expected to change once OEMs gradually start offering fleet management systems (FMS) as a standard in their models.
  • January 11, 2017
    Truck digitisation and tech developments in freight ‘will boost Europe’s CV telematics market’
    According to research by Frost & Sullivan, growth opportunities are strengthening in the commercial vehicle (CV) telematics market in Europe with the imminent arrival of value-added services such as video-based safety solutions, mobile base on-demand freight exchange platforms, and field service management solutions. While penetration of fleet management services (FMS) in large and medium fleets is relatively high, addressing challenges such as awareness, adequate training, and better business cases are key
  • June 20, 2016
    Automotive vehicle to everything (V2X) communications market 2016-2026
    Research by Visiongain claims that the worldwide demand for connected cars is increasing at a rapid pace. Last year, the amount of customers willing to change the car brand for better connectivity has almost doubled. The willingness to pay the subscription for connected services went up by 10% in the same period. Chinese consumers are especially excited about car connectivity; more than half are willing to change their car for better connectivity. Visiongain assesses that sales of new passenger cars equi
  • May 23, 2017
    Transport management systems market ‘offers opportunities for emerging players’
    Dominance in the global transportation management systems (TMS) market lies with a few companies, despite which the market exhibits considerable opportunities for emerging players, according to a new report by Transparency Market Research (TMR). Currently, companies such as SAP SE, Oracle Corporation, Descartes Systems Group, JDA Software Group, and Manhattan Association hold dominance in the global transportation management system market, says the study. The report also identifies companies such as BluJa