Connected cars offer opportunities for an improved customer experience. At the same time, they also have the potential to achieve significant cost and revenue advantages. This applies to connected car companies, OEMs, suppliers and insurers (and much more).
However, automakers haven’t really explored the possibilities of adequately monetizing customer data. We can probably attribute this to this Cybersecurity threats and an insane rush to the market. However, as the industry evolves and adoption speeds up, we need to address these concerns now.
Corresponding Allied market research, experts predict the global connected car market will be worth $ 225.16 billion by 2027. What is the best approach to achieve continuous connectivity? How do we protect drivers and their data from threats?
Before we dive into the solution, let’s look at some of the challenges related to the connected car.
What are the threats to connected car safety?
Connected cars are popular targets for …