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Guidehouse Insights Estimates Global Market for Software-Defined Vehicles Will Exceed $110 Billion by 2031

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A new report from Guidehouse Insights analyzes the automotive software-defined vehicles (SDV) market—including vehicle manufacturers, software solution providers, industry organizations, tech companies, government employees, and other suppliers. SDVs’ new mediums and use cases are the focus of this report.

As consumers continue demanding better and more intuitive experiences, and as the market becomes more saturated with cellular-data-capable EVs with increasing levels of automation, SDVs have a promising future. According to a new report from Guidehouse Insights, the total average revenue generated from SDVs is expected to grow from $8.6 billion in 2022 to exceed $110.5 billion by 2031, at a compound annual growth rate (CAGR) of 32.8 percent.

“SDVs could transform the automotive industry—generating billions in revenue from new applications and services. Over the next decade and beyond, automakers’ large investments will bring new vehicles to market that are designed to function as more than a means of transportation,” says Sam Abuelsamid, principal analyst with Guidehouse Insights. “SDVs will become a third space in which consumers can engage in experiences such as working, gaming, or escaping from the outside environment.”

A new digitally native, environmentally, socially, and safety conscious consumer generation is forcing the automotive industry to cater to it. Today’s car buyers are more concerned about sustainability, seamless user experience across all of their devices, and up-to-date safety features than horsepower and brand. EV’s potentially longer product lifecycle coupled with the introduction of new software applications opens a plethora of revenue-generating opportunities that automakers can leverage after a car rolls off the lot. If automakers are to realize these benefits, they must quickly transform their development processes to keep up with the speed of innovation while adhering to an automotive regulatory environment that is notoriously slow to adapt or overreact, according to the report.

The report, Leveraging Software-Defined Vehicles for Next-Generation Consumer Experiences, analyzes the global market for SDVs, the new passenger experiences they will enable, and the industry changes needed to facilitate their implementation. It provides an analysis of SDV market issues, business cases, opportunities, and implementation challenges. Global market analyses for capacity and revenue, broken out by segment and region, extend through 2031. The report examines key SDV technologies, use cases, and profiles key market players. An executive summary of the report is available for free download on the Guidehouse Insights website.

Artificial Intelligence

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

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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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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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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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