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Connected Car Global Market Report 2023: Vehicles with 5G Connectivity Present Opportunities

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Dublin, Feb. 24, 2023 (GLOBE NEWSWIRE) — The “Connected Car Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Technology Type (3G,4G,5G), By Connectivity (Embedded, Tethered, Integrated), By Communication, BY Service, By Region” report has been added to ResearchAndMarkets.com’s offering.

The Global Connected Car Market registered around USD 67.39 billion in 2021 and is estimated to reach USD 149.49 billion by 2027, registering a CAGR of 13.28%. Cars can now communicate seamlessly with other vehicles and infrastructure with technologies called vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I).

The usage of artificial intelligence (AI) technology, which enables smarter interactions between the driver and the vehicle, has increased, which has led to the sector expanding. Owing to the technology’s extensive variety of sophisticated features, such as voice recognition, gesture recognition, driver monitoring, virtual assistance, and Natural Language Understanding (NLU) customers can experience fully autonomous driving.

Moreover, it is expected that the market for connected cars would develop as in-car entertainment becomes more popular. The ”CarPlay” software is marketed and distributed by Apple, Inc. It connects to the vehicle’s controls, such as the knobs, buttons, and touchpad, and offers Siri-enabled functions, such as voice control, message reading, answering, and sending, as well as call making.

Vehicles with 5G connectivity

The adoption of 5G technology is a significant milestone in the connected automobile business. Everything, including machines, devices, and objects, will be connected through the fifth generation (5G) of wireless mobile networks. By facilitating data sharing between vehicles on subjects such as speed, position, and previous road conditions, 5G linked cars are revolutionizing the automotive business. The vehicle interface is the vehicle HMI (human machine interface). Automotive HMIs provide significantly more natural interactions between drivers, passengers, and their cars. For the purpose of advancing connected technologies, major industry participants are concentrating on creating connected vehicles with 5G connectivity. For instance, General Motors, a US-based automaker, intends to introduce 5G connection vehicles for Chinese consumers in 2022.

Advanced Driver-Assistance Systems (ADAS)

The market for connected automobiles is seeing an increase in demand for better driver aid technology. Electronic passive and active safety systems known as advanced driver-assistance technologies (ADAS) help drivers by lowering the likelihood of human error. Its available applications include blind-spot detection, automated emergency braking, lane departure warning, and traffic sign recognition. The leading companies of the market are introducing the most cutting-edge driver support systems for fully automated vehicles such as connected cars. For instance, the next-generation ADAS platform for electric and highly autonomous vehicles was introduced in January 2021 by the technology company Aptiv PLC with headquarters in the USA. On this platform, complicated operations are streamlined while system costs are reduced owing to software-defined intelligent systems.

Integration of AI Technology

The market for connected cars is seeing a significant uptick in the use of AI technologies. Artificial intelligence technology is the term for a human-created, computer-processed simulation of human intelligence. Artificial intelligence (AI) uses deep learning and control operations to mimic human decision-making processes. Deep learning refers to tracking and automatically adopting a user’s lifestyle behavior over time. As a result, better driving and safety analyses are provided\ and it also aids in tracking car parts and notifying when they need maintenance. To improve connected car operating systems, major participants in the market are concentrating on developing linked cars with AI technology. For instance, Hyundai Motor Group, a South Korean automaker, introduced NVIDIA DRIVETM in-vehicle entertainment system linked car platform upgraded with AI user experience in November 2020. It automatically archives the users’ favorite shows and suggests comparable shows in the same genre.

Security And Safety Concern

The major concern now a days is data being secured or not. Connected and digitized vehicle increases the risk of cyber-attack. When the car is connected, the possibility of hackers gaining external control increases. On the other hand, safety concerns also raise some questions. Vehicle travel is much safer when it is controlled by the Artificial Intelligence and Internet of Things because humans can make errors, but machine algorithms cannot.

Report Scope:

Global Connected Car Market, By Technology Type:

Global Connected Car Market, By Connectivity Type:

  • Embedded
  • Tethered
  • Integrated

Global Connected Car Market, By Communication Type:

  • Vehicle to Vehicle
  • Vehicle to Pedestrian
  • Vehicle to Cloud
  • Vehicle to Infrastructure
  • Vehicle to Everything

Global Connected Car Market, By Service Type:

  • Driving Assistance
  • Well-Being
  • Vehicle Management
  • Emergency Braking
  • Connected Safety
  • Intersection Assistance

Global Connected Car Market, By Region:

  • Asia-Pacific
  • Europe
  • North America
  • South America
  • Middle East and Africa

A selection of companies mentioned in this report includes

  • Apple Inc.
  • AT&T Inc.
  • Ford Motor Company
  • General Motors Company
  • BMW Group
  • Google Inc
  • Audi AG
  • Delphi Automotive PLC
  • NXP Semiconductors N.V
  • Car Force

For more information about this report visit https://www.researchandmarkets.com/r/wpi144-car?w=12

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


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Artificial Intelligence

SQream’s No-Code Platform Panoply Earns 21 G2 Badges in Key Customer Satisfaction Categories for Spring 2024 Report

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These badges demonstrate Panoply’s Continuously Unparalleled Excellence in data warehousing and data extraction based on compiled user reviews
NEW YORK, April 16, 2024 /PRNewswire/ — SQream, the GPU accelerated data processing and analytics company, announced today the remarkable achievement that its no-code ELT and analytics platform Panoply, has received 21 prestigious G2 badges for Spring 2024. These accolades highlight Panoply’s continued commitment to excellence and innovation in the data warehouse and ELT (Extract, Load, Transform) space, and underscores Panoply’s dedication to their customers, particularly in the realm of ease of use, and marks the highest number of badges awarded to the company in one report to date.

G2, a prominent authority in business software and service evaluations, leverages the collective knowledge of its user community to aid individuals in making well-informed choices regarding software and services for their enterprises. The G2 Spring 2024 Report rankings underscore Panoply’s significance to small- and medium-sized businesses grappling with data extraction challenges and highlight the exceptional simplicity of Panoply’s no-code approach.
“We are truly honored to receive 21 G2 badges, which reflect Panoply’s year-on-year growth in customer satisfaction. Simplifying data management in the no-code ELT space is at the core of our commitment to our customer base, and we are thrilled to see that Panoply’s exceptional solutions driving data transformation consistently receive this trusted stamp of approval,” said Ami Gal, CEO and Co-Founder of SQream. “We look forward to advancing our strategy of delivering robust data management solutions across all business types—from SMBs leveraging Panoply for streamlined cloud-based warehousing to enterprises implementing GPU-accelerated analytics with SQream, both in the cloud and on-prem. Our commitment remains to empower every organization to maximize their data potential and drive business success.”
Panoply has consistently set the industry standard for delivering user-friendly solutions that empower organizations to harness the full potential of their data. In the Spring 2024 G2 reports, Panoply earned badges in a wide array of categories, both for their data warehouse capabilities and ETL tools, showcasing its exceptional performance and dedication to simplifying complex data processes, including:
Data Warehouse Category: 
Best Estimated ROIBest Estimated ROI – Mid-MarketBest Support – Small BusinessEasiest AdminEasiest Admin – Mid-MarketEasiest Admin – Small BusinessEasiest Setup – Mid-MarketEasiest to Do Business With – Small BusinessEasiest to UseEasiest to Use – Small BusinessFastest Implementation – Small BusinessHigh PerformerHigh Performer – Asia PacificHigh Performer – EMEAHigh Performer – Mid-MarketHigh Performer – Small BusinessETL Tools Category: 
Easiest AdminEasiest SetupHigh PerformerHigh Performer – Mid-MarketHigh Performer – Small BusinessPanoply’s no-code approach to data management provides greater visibility into business performance by aggregating data from multiple data sources to deliver deeper insights. With Panoply, organizations can automatically store raw data in analysis-ready tables, create core business logic to keep metrics consistent, and explore and visualize their data within the platform’s workbench. Deploying a consolidated storage solution like Panoply also centralizes access to data assets to provide a single source of truth.
If you want to learn more about how Panoply can help you gain fast data insights, visit https://panoply.io and schedule a demo.
About Panoply by SQream
Panoply’s managed data warehouse plus ELT and dashboards make it easy for users to sync, store, access, and visualize their data without complex code. Panoply is a product line of SQream, specializing in data processing and analytics acceleration, revolutionizing the way organizations approach big data analytics and AI/ML workloads with its unique GPU-patented SQL engine. SQream’s solutions are designed to meet the needs of enterprises grappling with massive or complex datasets, offering unparalleled performance, scalability, and cost-efficiency. Tailored for industries ranging from finance to telecommunications, SQream empowers businesses to unlock actionable insights from their data with unprecedented speed and efficiency.
SQream is trusted by leading enterprises including LG Electronics, Samsung Display, Sinch, Orange, AIS, and more. To learn more, visit sqream.com or follow us on Twitter @sqreamtech.
Media Contact:Raz KaplanSenior Marketing Manager at SQream+972 [email protected]
Logo – https://mma.prnewswire.com/media/2068670/4641094/SQream_Logo.jpg
 
 

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TeachAI Announces Foundational Policy Ideas for AI in Education, a New Resource for Education Leaders and Policymakers

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SEATTLE, April 16, 2024 /PRNewswire/ — Today, TeachAI, an initiative led by Code.org, ETS, the International Society of Technology in Education, Khan Academy, and the World Economic Forum, announced the launch of a groundbreaking resource for education leaders and policymakers around the world – Foundational Policy Ideas for AI in Education. The development of this resource was led by AASA, CCSSO, Code.org, CoSN, COSSBA, Education Commission of the States, ExcelinEd, ETS, InnovateEDU, NASBE, NSBA, NEA, SEAMEO, and SETDA. It is designed to help education leaders and policymakers navigate the evolving landscape of artificial intelligence (AI) in education.

The resource, which has been informed by over 70 organizations representing industry, government, non-profits, and educator associations, offers policy ideas, informational briefs, talking points, and a customizable presentation. These materials propose five key policy ideas essential for the safe, effective, and responsible use of AI in education.
Foster Leadership: Establish an AI in Education Task Force to oversee policy development and implementation.Promote AI Literacy: Integrate AI concepts and skills into existing curriculum and instruction.Provide Guidance: Equip schools with guidance on the safe and responsible use of AI.Build Capacity: Provide funding and programs to support professional development on AI.Support Innovation: Promote the research and development of safe and effective AI in education practices, curricula, and tools.”These tools serve as practical resources, aiding leaders in understanding AI’s implications for education,” says Michele Blatt, State Superintendent of Schools, West Virginia. “It is critical that we ensure appropriate supports and guardrails are in place for our teachers and students to effectively use generative artificial intelligence. We must remember that AI is an additional technology tool that can increase productivity and support innovation while recognizing the importance of the teacher in the process.”
As AI becomes increasingly embedded in society and the workforce, education systems across the globe recognize the opportunity and the challenge posed by these advancements. From enhancing student engagement and addressing learning loss to transforming and redefining the essential skills of the workforce, AI offers possibilities for improving educational and career outcomes. This potential hinges on the responsible and ethical use of AI, taught through a framework that addresses critical concerns such as bias, misinformation, and the preparation of students for a world transformed by AI.
Nicolás Cataldo Astorga, Minister of Education, Chile, notes: “As educational systems, we must act swiftly to address a world where artificial intelligence is rapidly emerging. For public policy, this entails collaborating with communities, particularly educators, to creatively, critically, and safely harness these tools for learning, equity, and inclusion.”
“Artificial Intelligence will soon augment nearly every sector of our workforce, and our education system must prepare our students for that future,” says Chris Reykdal, Washington State Superintendent of Public Instruction. “Our mission is to embrace AI in our classrooms to enhance student learning; centering student inquiry, student reflection, and critical thinking.”
TeachAI invites education leaders and policymakers to explore these foundational policy ideas as a step towards embracing the transformative potential of AI in education while also addressing its challenges with foresight and responsibility.
Catherine Truitt, State Superintendent of Public Instruction, North Carolina, says: “By equipping educators and students with the knowledge and skills of AI, we are ensuring they are better prepared for their future. This valuable resource can help create policies and practices to responsibly incorporate AI into education.”
Visit www.teachai.org/policy to see the Foundational Policy Ideas for AI in Education.
About TeachAI
TeachAI brings together education leaders and technology experts to assist governments and education authorities in teaching with and about AI. The initiative is led by Code.org, ETS, the International Society for Technology in Education, Khan Academy, and the World Economic Forum and advised by a diverse group of 100+ organizations, governments, and individuals. TeachAI’s goals include guiding policy, building community and capacity, and increasing awareness. To learn more about TeachAI, please visit www.teachai.org/about.
 

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SeeTrue’s AI Automated Threat Detection Solution Expands to Pafos Airport After Successful Implementation at Larnaka Airport

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Hermes Airports Boosts Security and Operational Efficiency with SeeTrue’s Solution
FRANKFURT, Germany, April 16, 2024 /PRNewswire/ — SeeTrue, the leading provider of AI Automated Threat Detection software solutions, announces today that it will now be implemented at Pafos Airport after a successful implementation at Larnaka Airport by Hermes Airports Group. This expansion marks a significant step in enhancing security measures at Pafos Airport and providing a smoother passenger journey with a fast and secure screening process.

Hermes, the operator of both Larnaka and Pafos International Airports, which set a record by serving 11.6 million passengers in 2023, aims to enhance the security screening process and overall passenger experience at each location. To this end, SeeTrue’s solution has been installed across all passenger terminal checkpoints at the airports.
This pioneering move has significantly enhanced the airport’s ability to expedite passenger flow through checkpoints, offering a superior experience characterized by smoother operations and consistent security standards. The implementation of SeeTrue AI technology has resulted in higher passenger throughput and streamlined the security screening process, leading to improved operational efficiency.
The SeeTrue AI solution is running an open architecture platform, making it compatible with multiple scanners across various models and OEMs. This adaptability is crucial for airports, such as Larnaka, which utilize security scanners from multiple vendors.
“We are excited about our partnership with Hermes Airports,” stated Assaf Frenkel, CEO and Co-Founder of SeeTrue. “This expansion is a testament to the effectiveness and reliability of our technology in enhancing airport security measures. We are committed to delivering top-tier solutions to ensure the safety and security of travelers and airport personnel.”
“Hermes Airports has an ongoing commitment to enhancing security and the passenger experience,” said Miltos Miltiadous, Chief Operating Officer at Hermes Airports. “With the SeeTrue AI technology, we have observed higher passenger throughputs and streamlined the security screening process.”
SeeTrue will be exhibiting at the Passenger Terminal Expo in Frankfurt on 16-18 April at Hall 5 Booth A170 to showcase its solutions.
About SeeTrue:
SeeTrue is a global leader in Security Screening Solutions, leveraging its state-of-the-art AI technology for secure, fast, and efficient threat detection. SeeTrue’s AI-based automatic threat detection software is implemented worldwide on top of X-ray and CT systems at airports, seaports, urban security checkpoints, customs, and shipment facilities, making security and travel as fast and secure as possible while improving operational efficiency.
SeeTrue operates in Tel Aviv, London, New York and Amsterdam. For more information, visit the company’s website at www.seetrue.ai
About Hermes Airports:
Hermes Airports Ltd. manages and operates Larnaka and Pafos International Airports, under a 25-year BOT (Build-Operate-Transfer) concession agreement with the Republic of Cyprus. The airports offer world-class, state of the art facilities, with an emphasis on excellent customer service. Hermes is committed to improving Cyprus’ connectivity and enhancing the overall passenger experience.
Contact Details:
Sharon SalzmanDirector of Marketing, [email protected]
Video – https://www.youtube.com/watch?v=nKE947hmJcg

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