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Car Companies Can Generate $1600 Per Car In Future From Connected Car Services

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Hyundai,Apple,General Motors

Sarwant has over 29 years of work experience in leading major advisory and transformation engagements focusing on making organizations future ready. Sarwant is currently working with Markets and Markets as President and Chief Commercial office.

The evolution of mobile connectivity has accelerated at an unprecedented pace. From the foundational 2G that introduced cellular networks to the transformative 4G that revolutionized video streaming, each generation of mobile technology has brought profound changes. Now, with 5G, we are entering an era of"isolated connected solutions" such as 5G-enabled factories, campuses, and stadiums.

As the automotive industry pivots towards a more interconnected and sustainable future, VMs are strategically positioning themselves as car manufacturers and integral players in the broader cosystem of connected living solutions.

In terms of specialized services, Hyundai and Renault are making notable strides in the health sector with their BeyonCa solution, an innovative in-car health monitoring system. Simultaneously, Tesla, GM, and Ford are at the forefront of the connected energy sector. Their efforts are focused on developing systems that not only support renewable energy generation but also integrate these capabilities with Vehicle to Grid technology, enhancing the energy efficiency of electric vehicles.

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