Connected car business opportunities are booming. According to BI Intelligence data, the five-year compound growth rate of the connected car market is 45%, which is 10 times that of the overall car market. With the development and popularization of the Internet of Things and big data technology, the security features of connected vehicles will stimulate market demand. It is expected that 75% of the world's cars will be equipped with the necessary networking hardware by 2020. TechTarget reports that the current price of connected cars is still very high. 70% of the global networked service revenue comes from high-end brands, but will drop to 50% by 2022, which will allow more customers to enjoy the Internet of Things function through vehicles. One of the most popular features of connected cars is the security suite. As technology advances, vehicle safety features will also keep pace with the times. Using the car's OBD-II interface connector, drivers and manufacturers can collect large amounts of data, such as speed, seat belt usage, brake information and fuel usage, and analyze the data to get useful information, such as driving the brakes all the time. Or don't wear a seat belt, let the driver change behavior based on feedback. A networked car will have a verbal alarm, such as driving the car to slow down when the driver starts unconsciously. The sensor monitors the surrounding environment and alerts the driver if necessary to prevent accidents. In addition, these sensors are connected to the phone to ensure that driving does not make a phone call or send a text message while driving, causing unnecessary interference and accidents. The sensor can identify if a pedestrian is on the street or is approaching a dangerous intersection. The exchange between the car and the car will further prevent accidents. Predictive maintenance can determine the condition of the car and when potential problems occur, avoiding failures on busy highways, and allowing the drive to take action before the failure occurs. By analyzing vehicle data, the in-vehicle telematics system can predict when a defect will occur, reducing the risk of accidents or failures in driving. Connected cars have most of the security features, but as the level of customization increases, driving will be able to select different automation functions from the vehicle, as well as different voice, motion and feedback functions. With the development of the Internet of Things, more and more people will drive connected cars. Although the Internet of Things has caused great repercussions in fleet management, it may take longer to become popular, in part because of cost issues. However, security features have made connected cars an ideal type of car, so when it is cheaper cars When entering the market, there will definitely be high demand.
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