TrendForce's research into autonomous and connected vehicles buttresses a similar report by Gartner last year, which predicted 150 million vehicles would be IoV capable by 2020.
While much IoV research in developed countries is currently centered around driving safety technology and emergency rescue features, consumers are increasingly interested in convenience.
The added connectivity will enable carmakers to change their business model from pure hardware developers to tech innovators that draw income from mobile apps. To do that, however, vehicle manufacturers will need to team up with companies such as Google, Apple and Samsung.
"To facilitate that kind of shift, connected-vehicle leaders in automotive organizations need to partner with existing ecosystems like Android Auto or Apple CarPlay that can simplify access to and integration of general mobile applications into the vehicle," Gartner analyst Thilo Koslowski said in the report.
As the amount of information being fed into a vehicle head units or telematics systems grows, cars will be able to capture and share not only internal systems status and location data, but also changes in surroundings in real time, according to Koslowski.
The result: Ultimately, your car will become just another part of your mobile data plan.
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