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After Hardware Shipments Drop 28% in 2020, Automakers Look to Niche Applications for the Aftermarket’s Lifeline

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3 years ago

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Sales and revenues in the aftermarket for automotive applications have been threatened by almost ubiquitous OEM embedded systems, free smartphone applications that replace automotive hardware (e.g., Waze), and inadequate retail strategies. After a drop of 28% in 2020, fostered by the COVIID-19 pandemic, aftermarket hardware shipments will grow by only 12% until 2026, finds global tech market advisory firm ABI Research. 

“The aftermarket landscape is undergoing a transformation. Multi-application devices struggle to deliver value to the consumer and are dying out, giving place to low cost dedicated hardware that fulfills niche customer requirements not addressed by OEM embedded systems or smartphones. Naturally, niche applications have a lower market opportunity. Thus, the aftermarket will experience market shrinking in the coming years, with more favorable circumstances in emerging economies,” explains Maire Bezerra, Smart Mobility & Automotive Research Analyst at ABI Research. “With the dire projections, a portion of the market will stop shipping hardware to become Telematics Service Providers (TSPs) instead, specializing in data crowdsourcing and selling data to B2B players via data marketplaces, especially in Europe with the Extended Vehicle Concept.”

Stolen vehicle tracking solutions, which accounted for 51% of aftermarket connections in 2020, vary from vehicle recovery related services only, coupled with other telematics services, or associated with an insurance policy. They have the highest adoption among all aftermarket connected car applications and are perfectly suited for countries with a unique combination of a growing economy and high theft rates, such as Brazil. The application is expected to reach 88 million subscriptions by 2026.

Consumer infotainment devices accounted for 32% of all aftermarket subscriptions and all aftermarket shipments in 2020. Unlike UBI and stolen vehicle trackers, these solutions are mostly sold via MNOs channels, such as AT&T, T-Mobile, and Verizon, and are easier to sell as they can be integrated into existing clients’ data plans for a small monthly added cost. Nevertheless, shipments are in decline due to the increase in smartphone apps and embedded systems.

Insurance telematics made 17% of all aftermarket connected vehicle subscriptions in 2020, with a flat growth from 2019. A timid and steady rise will perpetuate in the next years because the UBI segment is yet to achieve maturity. While TSPs such as Octo Telematics and IMS use their data analytics expertise to offer insurers tools to improve driver behavior, insurers’ business models lack the required level of customer engagement to secure customer loyalty, resulting in unsatisfactory ROI.

Despite the challenges, there are opportunities in the aftermarket, especially concerning data monetization. There is a consensus that valuable driving and driver data generated from diverse data collection methods are not being used to its full potential to generate new revenue streams. Apart from notable examples such as Arity, most TSPs and insurers are still very traditional and lack the marketing approach required to create solid business models. “The transformation of the data collected into actionable knowledge that delivers value to the final consumer or increases profit, such as accurate customer churn prediction or data-driving cross-selling, is the main industry challenge. Moreover, dedicated solutions for underserved players in the value chain, such as keyless services for dealers that enable contactless test drives of vehicles pre-selected online, are a profit-making opportunity,” Bezzera concludes.

(Sample: These findings are from ABI Research’s Automotive Aftermarket Technologies and Business Models application analysis report. This report is part of the company’s Smart Mobility & Automotive research service, which includes research, data, and analyst insights. Based on extensive primary interviews, Application Analysis reports present in-depth analysis on key market trends and factors for a specific technology.

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Wladimir P. is a Content Editor at European Gaming Media and at PICANTE Media and covers a large variety of industries.

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NEXCOM, CTOne, and Vertex Join Forces to Enhance Private Network Security

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54 mins ago

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May 28, 2024

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TAIPEI, May 28, 2024 /PRNewswire/ — NEXCOM, a leading supplier of network solutions, CTOne, a global cybersecurity leader in communication technology, and Vertex, a professional system integrator of 5G private network, join forces for groundbreaking POC targeted to advance 5G private network security within semiconductor manufacturing site framework. Designed to address the specific cybersecurity challenges common in OT networks, collaborative solution offers unparalleled protection, and seamless integration into existing network architectures with minimal disruption to operations during deployment.

Improved Network Security
NEXCOM’s 1U Edge server, the TCA 5170, delivers scalable performance and advanced cybersecurity features, empowering manufacturers with robust OT network protection. Leveraging cutting-edge technologies, the TCA 5170 accelerate encryption and decryption processes, ensures authentication and real-time threat detection, safeguarding private networks against evolving cyber threats. Its scalability makes it ideal for deployments of all sizes, from smaller production lines to semiconductor giants, providing comprehensive security solutions for diverse industrial needs.
More Visibility, Easier Management
The integrated solution simplifies the management of complex OT networks, enabling IT teams to efficiently monitor and manage network security while optimizing resource utilization. CTOne’s virtualized private 5G security software, installed on TCA 5170 and deployed at strategic points at the semiconductor manufacturing site, integrates seamlessly across IT and CT networks to deliver full visibility with real-time monitoring of data traffic. Combined with CTOne’s built-in 5G protection capabilities, the solution enable immediate interception and isolation of threats while supporting a Zero Trust strategy.
“This collaboration has been pivotal in delivering a comprehensive cybersecurity solution for semiconductor manufacturing sites,” said Ming-Yang, Yi, senior manager of AMEA business development group of CTOne. “By integrating our advanced 5G visibility and security capabilities with NEXCOM’s TCA 5170, we’ve created a robust solution that enhances data protection and optimizes operational efficiency of private 5G networks.”
“Working alongside NEXCOM and CTOne has allowed us to deliver a truly comprehensive cybersecurity solution for private 5G network,” said Willis Fu, Technical Director at Vertex. “Bringing together NEXCOM’s TCA 5170 and CTOne’s Mobile Network Security solution ensures seamless protection of the private 5G network, providing our end customer with peace of mind and confidence in their operations.”
“The TCA 5170 is a compact 1U server that offers different configurations and scalable performance, allowing our ecosystem partners to easily adapt and run their applications for deployments of all scales,” said Jennifer Lan, Sales & Marketing Director of Network & Communication Solutions at NEXCOM. “Our successful collaboration with CTOne and Vertex underscores our commitment to providing top-tier security and operational efficiency for our clients.”
Read full Case Study: Security-Solution-to-Protect-Private-Networks-at-Semiconductor-Facilities.pdf (nexcom.com)
This joint solution can be experienced firsthand at upcoming exhibitions:
May 29 – May 31, 2024, CommunicAsia 2024, Singapore, Singapore EXPO, Hall 4, booth 4E3-14June 26  – June 28, 2024, COMNEXT, Japan, Tokyo, Tokyo Big Sight, South Hall, Booth 9-14About NEXCOM
Founded in 1992 and headquartered in Taipei, Taiwan, NEXCOM integrates its diverse capabilities and operates six global businesses, including the Network and Communication Solutions (NCS) unit. NCS focuses on the latest network technology and helps to build reliable network infrastructure, by delivering professional design and manufacturing services for customers all over the world. NCS’s network application platform is widely adopted in Cyber Security, Load Balancing, 5G uCPE, SD-WAN, SASE, Edge Computing, OT Security, Storage, NVR, and other network applications for businesses of all sizes.
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FSP Group to Showcase Edge AI, Network Communication and USB PD Power Solutions at Computex 2024

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May 28, 2024

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TAIPEI, May 28, 2024 /PRNewswire/ — FSP Group, a global leader in power supply solutions, is set to unveil its latest innovations at Computex 2024. The focus of this year’s showcase will be on cutting-edge Edge AI, Network Communication and USB PD power solutions.

Revolutionary Efficiency in Edge AI Solutions.
FSP demonstrates its next-generation power supply solutions tailored for edge AI computing applications. These solutions meet the demanding power requirements of AI inference engines, neural networks, and edge devices. 
FSP’s FSP3250-20HM series product designs achieve extremely high 80PLUS Titanium energy efficiency levels, which means at least 96% at typical load.  With advanced power management features, FSP’s solutions enable efficient processing, reduced energy consumption, and improved performance in edge AI computing environments.
Comprehensive Network Communication Solutions
FSP Group provides comprehensive power solutions for the network communication industry, including redundant power supplies, open frame, and external power supplies. These solutions offer high reliability, high efficiency, and strong anti-interference capabilities to support various compatibility applications in networking and communication systems. Applications include edge AI servers, IT servers, storage servers, AIoT servers, embedded servers, network switches, routers, PoE switches, and various types of firewall security servers.
The highlight product is the YNEH2000AM-2D00T10, which is certified with the 80 PLUS Titanium certification and PMBus 1.2. The series includes models with 2000W and 2400W output, and offers options for AC/DC & DC/DC, as well as AFI & AFO solutions.
Versatile and Customizable USB PD Solutions
FSP Group’s innovative USB PD solutions cater to a wide range of applications with power ratings from 45W to 240W. We offer flexible design and customization options to meet the specific needs of our customers.  The highlight product is the FSP065-D2UB1, which can be used with smartphones, Chromebooks, laptops, digital cameras, monitors, and TVs. When not connected to power, it functions as a Type-C to HDMI video converter. When powered, it can simultaneously charge the laptop and transfer video to the HDMI port, showcasing its multifunctional capabilities.
FSP Group collaborates closely with industry partners, including edge AI and network communication hardware manufacturers, as well as system integrators, to develop power supply solutions that seamlessly integrate with relevant platforms. The showcase will highlight successful case studies and real-world applications where FSP’s power supplies have made a significant impact.
Visit FSP Group at Computex 2024: 
Taipei Nangang Exhibition Center, Hall 1 (TaiNEX 1)
Booth: 4F, L1209a
or visit https://www.fsp-group.com
For more product information, please visit:
FSP Group’s official website at: www.fsp-group.com
FSP Group Brand Product website at: www.FSPLifestyle.com
Facebook: www.facebook.com/FSP.global
LinkedIn: www.linkedin.com/company/fsp-technology-inc.
About FSP
Founded in 1993, the FSP is among the major well-known power supply manufacturers in the world. With a professional technical team made up of more than 400 professionals, strong production capabilities, and complete production lines, the Company offers solutions to cater to users with different power supply needs. With more than 600 models that have received 80PLUS certificates, the FSP has become the manufacturer in the world with the highest number of 80PLUS certificates. By the continuous provision of best environmentally-friendly and high-quality power products to consumers, the users may contribute to the protection of the Earth’s environment while enjoying the technology.
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Wondershare DemoCreator Unveils V8.0: Accelerating Video Creation and Editing with Innovative AI Features

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3 hours ago

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May 28, 2024

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VANCOUVER, BC, May 28, 2024 /PRNewswire/ — Wondershare DemoCreator, the leading software for screen recording and video editing, proudly announces the release of its latest version DemoCreator 8.0.  DemoCreator 8.0 supercharges the broad spectrum of educational and instructional video content, empowered by its updated AI enhancements. These advancements position DemoCreator 8.0 as a top player and pioneering video tool for educators, marketers, and influencers.

The PR Director at Wondershare, Iris L. stated, “DemoCreator has always been dedicated to simplifying video creation process, with version 8.0, we’ve introduced advanced AI technologies to enhance user experience and productivity. We believe that with our continuous effort, DemoCreator will remain the top choice for creators, helping them achieve greater success in sharing content.”
Key Upgrades in DemoCreator 8.0:
New Design: Upgraded UI and Magic Tools for enhanced efficiency.
New Template: Create captivating videos with refined templates in a few clicks.
Auto Subtitles: Generate accurate subtitles with trendy animations in over 90 languages.
Text to Speech: Convert text to human-like speech with 120+ voice options.
AI Voice Changer: Change voices into 24 different characters.
AI Object Remover: Remove unwanted elements from videos and images with one click.
AI Vocal Remover: Separate background sounds and vocals for noise reduction.
AI Beauty Filter: Six pre-set beauty effects with customization options.
Brand Kits: Create a unique brand kit with a customizable intro, outro, and logo.
Technological Upgrades: 50% faster video rendering and 200% faster export speeds.
Compatibility:
Wondershare DemoCreator is compatible with Windows and soon with Mac, with pricing starting at $29.99. For free trials and downloads, please visit DemoCreator’s website or follow us on YouTube, Facebook, Twitter, and Instagram to stay updated.
About Wondershare:
Wondershare is globally recognized as a software company committed to delivering innovative solutions for personal and professional use. As a leader in creativity and productivity products, Wondershare has received prestigious awards from organizations such as The Shorty Awards, G2, and GetApp. At Wondershare, the mission is to empower individuals to pursue their passions and build a more creative world. With over 100 million users across 150 countries, users can access a wide range of software solutions for video editing, PDF editing, data recovery, diagram and mind mapping, and more. Wondershare strives to provide high-quality, user-friendly software that enables individuals and businesses to bring their creative ideas to life.
Media Contacts
Iris [email protected]
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