5g will change the value of cars, benefiting consumers, dealers and carmakers From Strategy Analytics

The following is the 5g will change the value of cars, benefiting consumers, dealers and carmakers From Strategy Analytics recommended by recordtrend.com. And this article belongs to the classification: Strategy Analytics, Automobile industry.

A new study conducted by strategy analytics for avanci found that the introduction of 5g technology has brought a revolutionary value proposition, which is particularly important because almost all cars sold in Europe, the United States and China are interconnected.

Roger Lanctot, director of connected travel services at strategy analytics, said: “5g interconnection will enable automobile manufacturers to retain or improve the after-sales value of automobiles, thus changing the calculation method of automobile residual value. This in turn will affect the economic benefits of leasing and the market value of new and used cars.”

Estimated impact of 5g technology on 5g vehicles

At the same time, 5G interconnection will directly help and support the development of advanced driver assistance systems, which can help vehicles avoid collision and promote the operation of autopilot cars. With the passage of time, 5g connected vehicles will obtain sales revenue at a faster speed and occupy an increasing share in shipments.

The report says that once all cars are equipped with 5g, carmakers will be able to save $40 billion in warranty costs every year; Consumers will save $32 billion in rental / loan costs each year; Dealers’ annual revenue at the point of sale will increase by $24 billion. These savings exceed the social benefits of reducing collisions and emissions, which will also be billions of dollars worldwide.

Roger Lanctot said: “so far, car connectivity has been a dispensable value proposition for consumers. 5g will change all this.” More reading: strategy Analytics: the total global smartphone wholesale revenue in Q1 in 2021 exceeded US $100 billion. Strategy Analytics: the market share of global Tablet PC shipments in Q2 in 2019. Strategy Analytics: the global smartphone shipments in Q2 in 2021 increased by 11% year-on-year, Reach 314.2 million strategy Analytics: in 2019, the global shipment of 5g smartphones will reach 19 million. Strategy Analytics: Huawei is the largest contributor to 5g standards. Strategy Analytics: will the arrival of 5g reshuffle the smartphone market? Strategy Analytics: in Q1 2021, the global shipment of 5g smart phones reached 134 million, up 458% year-on-year. The rise of 5g will not save the revenue growth of disappearing wireless connection services. Strategy Analytics: in the first quarter of 2020, the total shipment of 5g smart phones in the United States reached 3.4 million. Strategy Analytics: it is expected that the global shipment of 5g smart phones will reach 199 million in 2020. Strategy Analytics: Consumers are confused about 5g, and the industry needs to strive to promote demand. Strategy Analytics: Apple will win the top position of 5g smartphone in 2020. Strategy Analytics: Intel abandons 5g modem business, Qualcomm and apple reconcile strategy Analytics: 5g commercial smartphone shipments are expected to grow at a CAGR of 28% from 2021 to 2026. Strategy Analytics: consumers are confused about 5g

If you want to get the full report, you can contact us by leaving us the comment. If you think the information here might be helpful to others, please actively share it. If you want others to see your attitude towards this report, please actively comment and discuss it. Please stay tuned to us, we will keep updating as much as possible to record future development trends.

RecordTrend.com is a website that focuses on future technologies, markets and user trends. We are responsible for collecting the latest research data, authority data, industry research and analysis reports. We are committed to becoming a data and report sharing platform for professionals and decision makers. We look forward to working with you to record the development trends of today’s economy, technology, industrial chain and business model.Welcome to follow, comment and bookmark us, and hope to share the future with you, and look forward to your success with our help.