The role and way we use cars is changing forever.
New mobility services represent the latest area of exploration and expansion for automotive companies as they seek to understand potential long-term threats to their core business.
The Mobile World Congress will be held in Barcelona this week.
Mobility services including ride-hailing and car-sharing fulfill some transportation needs for some people today. As populations gather in greater numbers around dense urban metropolises, more people will find their personal mobility needs fulfilled by multi-modal transportation networks, in which ride-hailing and car-sharing will participate.
Many forms of automotive technology will enable these future mobility ecosystems. Ubiquitous connectivity will bring new infotainment content into the car via secure, upgradeable hardware and software services.
Autonomous driving technology will transform the way we use our cars, and together a new user experience will come to define personal mobility, personal space and the future of transportation.
For additional reference, IHS Markit forecasts more than 21 million autonomous vehicles will be sold globally in the year 2035 and nearly 76 million sold cumulatively across the world with some form of autonomy through that same timeframe, many of them enabling these new mobility services.
Cybersecurity in the Age of Connected Vehicles
The auto industry must add cybersecurity solutions to future connected car systems and start using the emerging solutions that are now available from many companies that have developed automotive-focused security products in the past few years.
These security products are starting to be introduced to the market. Mostly, today’s firms are offering solutions that will improve security to wireless interfaces, like the telematics control unit (TCU) or to the automotive gateway, and will offer some type of isolation solution from the vehicle bus.
In the longer term, integral electrical architectures will be built from the ground up with cybersecurity in mind. These systems will likely isolate safety critical systems (e.g., propulsion, braking, steering, etc.) from security critical systems that handle personal or financial data (e.g., infotainment software features and services).
Advantages outweigh disadvantages of driverless cars.
The connected car firewall is expected to be the largest segment within the IHS forecast, with an expected 179 million vehicles enabled with connected car firewalls by 2023. While there is plenty of revenue potential in software licensing for ECUs/microprocessor control units (MCUs), there is even more potential upside in services.
The services sector of cybersecurity is expected to be by far the largest in terms of revenue under the forecast period, with an estimated USD389 million in revenue in 2023, or approximately 51% of all the revenue generated in this sector.
That’s the opinion of people who took part in an experiment last year on a science park in Oxfordshire for Innovate UK agency, and the technology could reduce accidents and be particularly beneficial for older people to keep mobile.