Cyber Threats
5G Advancements, Autonomous Cars to Boost the Market
The latest advancements include remote control technology, smart manufacturing colloboration, and research on robots on autonomous sytems. These have the possibility to help the 5G market to further grow in the upcoming years.
Various giants in the 5G and connected car industries have recently announced new technological advancements that could drive further growth in the autonomous vehicle market.
Sony, NTT DOCOMO, Hyundai, Singtel, and Ford just unveiled their latest ventures that could lead to better technologies- a move that can improve connected cars of the future.
The Sony Corporation partnered with NTT DOCOMO to remotely control Sony's Social Cart (SC-1) entertainment carrying passengers in Guam from a Tokyo base via a 5G network.
SC-1 has image sensors that far outwit human vision. These are mounted on the vehicle's front, rear, and sides, enabling high-resolution video of the vehicle's perimeter to be viewed by a remote operator. The highly sensitive sensors, combined with the high-resolution monitors allow the operator to see the surroundings clearly, even at night.
The successful Sony-NTT DOCOMO venture is just one of many other cross-border operations of vehicles that could enable global mobility services, benefiting from personnel working in different time zones.
Meanwhile, Hyundai and Singtel recently signed a Memorandum of Understanding, collaborating in various ventures to support smart manufacturing and connectivity for electric vehicle subscription service. The announcement came after Hyundai unveiled in October 2020 that it is establishing the Hyundai Motor Group Innovation Centre Singapore (HMGICS), which aims to conduct studies on future mobility and explore innovative solutions and services.
Combined with Singtel's 5G, Internet of Things (IoT), and next-generation info-communications technologies, Hyundai wants to develop Industry 4.0 solutions to transform how vehicles are currently manufactured. The partnership aims to develop and pilot a 5G-powered smart factory use case for HMGICS' intelligent manufacturing platform.
In the US, Ford teamed with the University of Michigan to study robots and autonomous systems. The collaboration aims to find new ways of satisfying customers while modernizing Ford's business model.
The Ford Motor Company Robotics Building is a four-story complex located inside the university's North campus, which homes a significant part of the academic institution's science and engineering community.
Three floors are dedicated to research laboratories for robots that fly, walk, roll, and augment the human body. Classrooms and offices can also be found on these floors. Meanwhile, the fourth floor houses Ford's first robotics and mobility research laboratory on a university campus. Ford engineers will explore how upright robots can work in human space as well as taking autonomous cars from robotic computer simulations to on-road testing at the university's proving ground at the North campus.
From $14.34 in 2019, the connected market is predicted to grow to $48.77 billion in 2027, according to Fortune Business Insights. New developments, particularly the deployment of 5G in developed economies and the increasing adoption of Vehicle-to-Vehicle Communication Systems could drive the market growth.
As described above, various players start trying new combinations of automobiles and 5G in the market. Trend Micro publishes advanced research reports about cybersecurity of connected cars to contribute to define present and future threats and risks. Read our in-depth research, “Cybersecurity for Connected Cars: Exploring Risks in 5G, Cloud, and Other Connected Technologies”, to learn more about the threats in 5G, cloud and other connected technologies and how cybersecurity solutions can protect connected cars.