ADVERTISEMENT
TechEconomy
Wednesday, May 14, 2025
No Result
View All Result
Advertisement
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » IDTechEx Forecasts Software-Defined Vehicles Market to Be Worth over $700bn by 2034

IDTechEx Forecasts Software-Defined Vehicles Market to Be Worth over $700bn by 2034

Techeconomy by Techeconomy
January 17, 2024
in Mobility
0
Software-defined vehicles
Software-defined vehicles (Credit: AdobeStock)

Software-defined vehicles (Credit: AdobeStock)

RelatedPosts

Jumia Fast Delivery Nigeria -

Jumia Expands Delivery Service to Nigeria

May 14, 2025

E-commerce Lessons for Scaling Nigeria’s Food Distribution

May 14, 2025

IN THIS REPORT, James Falkiner, Technology Analyst at IDTechEx looks at:

  • Software-Defined Vehicles:
  • An extensive discussion on how software is becoming a key differentiator for automakers and consumers, enabling new features, services, and business models, with a look at key market players, industry trends, and granular market forecasts covering both software sales and hardware sales.
  • V2X and Connected Vehicle Technology:
  • An introduction to automotive radio access technologies (RATs) such as DSRC, C-V2X, ITS-G5, 4G, and 5G and their regulation worldwide.
  • V2X Use Cases for Safety and Sustainability: How V2X communication can enable use cases that improve safety, efficiency, and sustainability.
  • V2X ITS Hardware: A comparison of the key players and products in the V2X hardware market
  • Autonomous Vehicle Connectivity: How connectivity is essential for supporting autonomous vehicles.

Connected and Software-Defined vehicles (SDVs) represent a new paradigm for automakers and consumers.

Whereas older ICE vehicles were a conglomeration of 70+ Electronic Control units, kilometers of wiring, and many thousands of components, the new era of vehicles can be more centralized, connected, and convenient, bringing benefits to both the consumer and OEM.

The most basic form of SDV is a vehicle where the user experience is affected in some way by the software in a vehicle.

However, vehicles can become more ‘software-defined’ as the number of software-based features on the vehicle increases, unlocking new experiences such as allowing drivers to update or upgrade their vehicle via over-the-air updates or allowing passengers to watch on-demand movies on the go.

Generally, a software-defined vehicle requires a constant cellular connection (4G or 5G), a large, touch-enabled screen, and a powerful central compute system that is also connected to the vehicle’s constituent components.

United BANK

Many SDVs also take advantage of third-party apps and in-vehicle payments to add more features and convenience to the user.

Software-defined vehicles
United BANK
Credit: IDTechEx

Categorizing and comparing software-defined vehicles can be difficult, as almost every vehicle released in the last 5-10 years is arguably ‘software-defined’ in some way.

Details: IDTechEx gained a comprehensive understanding of the current status of software-defined vehicles.

[Featured Image Credit]

Loading

Author

  • Techeconomy
    Techeconomy

    View all posts
0Shares

Tags: IDTechExSoftware-Defined vehicles
Previous Post

Five Software Trends You Need to Know as a Business Innovator

Next Post

Fintech is Reshaping the Financial Service industry – Myth or True?    

Techeconomy

Techeconomy

Related Posts

Jumia Fast Delivery Nigeria -
Mobility

Jumia Expands Delivery Service to Nigeria

by Destiny Eseaga
May 14, 2025
0

Jumia, a pan-African e-commerce platform, has announced the expansion of its logistics service, Jumia Delivery, to Nigeria. Building on its...

Read more
e-commerce and food distribution

E-commerce Lessons for Scaling Nigeria’s Food Distribution

May 14, 2025
NIPOST and KLM

NIPOST Partners KLM to Boost Global Mail Delivery

May 12, 2025
inDrive and AI by Timothy Dimeji

How inDrive is Scaling Up Ride-Hailing with AI in 2025

May 8, 2025
Treepz x Miva Open University

Treepz Seals Exclusive Transportation Services Partnership with Miva Open University

May 7, 2025
Bolt, SGX Roll Out Lease-to-Own Electric Tricycles in Lagos

1,000 Electric Tricycles, Zero Upfront Cost | Bolt, SGX Roll Out Lease-to-Own EVs in Lagos

April 30, 2025
Next Post
Fintech app security

Fintech is Reshaping the Financial Service industry - Myth or True?    

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

CYBERSECURITY ESSENTIALS
byTecheconomy

BUILDING STRONGER NETWORKS AND COMMUNITIES

CYBERSECURITY ESSENTIALS
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Filmmaking and Technology: A chat with Micheal Chineme Ike
June 7, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz
uba

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.