Enter the world of connected vehicles, a leading force behind the wheel of IoT. With predictions to surpass $190 billion by 2028 (Statista, 2022), connected vehicles present immense opportunities for mobile operators, manufacturers, and the broader automotive ecosystem.
Beyond financial prospects, the connected vehicle market brings safety centre stage with their innovative technologies that enhance the well-being of road users. The advancements in driver-assistance systems (ADAS) alone will increase road safety on a scale unseen before. By 2030, Europe is tipped to witness a 15% reduction in road accidents which will be solely due to the widespread adoption of these assistive technologies (McKinsey, 2023).
Industry Standard C-V2X
An enhancement to the 3GPP LTE standard, C-V2X (Cellular Vehicle-to-Everything) describes a set of technologies that enable communication between vehicles, infrastructure and people. C-V2X can bring benefits for road safety, efficiency, congestion and pollution reduction, while providing value-added services for the end consumer.
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Find out more about the status and evolution of the UAV/drones market, the main use cases associated with drones, and key insights from mobile operators on the benefits of using mobile networks to support drones operations.
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