New Era of Electric and Autonomous Vehicles

Vehicles are totally transforming the driver and passenger experience by turning into digital devices. Modern cars require advanced HMIs, sophisticated driver assistance systems, and multiple communication protocols. Success in the automotive industry lies in partnering with companies able to innovate. And Softeq is the company of choice.

Internet of Cars: How Vehicles Go Digital

Innovative features are no longer luxuries, but a must for overall road safety in many regions. Today, a smart vehicle ecosystem is an IoT solution connected to infrastructure, the cloud, and other cars. Understanding where the market is headed and what prospects it brings can help you design better cars, order the right parts, and assemble the competitive final product.

Connected car market size

300%

is the predicted value growth from 2020 to 2025 (source: MarketsandMarkets)

Autonomous driving

15%

of vehicles sold in 2030 will be completely autonomous (source: McKinsey)

Global ADAS market

$83B

is the expected market size by 2030 (source: MarketsandMarkets)

Global V2X market

500%

is the predicted increase from 2019 to 2027 (source: Allied Market Research)

Internet of Cars: How Vehicles Go Digital

Modern vehicles are capable of delivering mobility as a service, supporting autonomous driving capabilities, operating in a connected and digitized environment, and incorporating electric drivetrains. Market forecasts show that expanding competences across mobility and connectivity may reinforce your industry position.

Embedded systems market

$9B

is the estimated value of the global automotive embedded systems market by 2027 (source: ReportLinker)

Global ADAS market

$83B

is the expected market size by 2030 (source: MarketsandMarkets)

Global V2X market

500%

is the predicted increase from 2019 to 2027 (source: Allied Market Research)

Vehicular data

259TB

of data is generated by connected vehicles daily (source: Engineering.com)

Internet of Cars: How Vehicles Go Digital

The role of innovative technologies in the automotive industry is on the rise. They are radically transforming not only vehicles but the entire automotive supply chain. The market provides opportunities for startups to come up huge — just choose your innovation path.

Connected car market size

300%

is the predicted value growth from 2020 to 2025 (source: MarketsandMarkets)

Autonomous driving

15%

of vehicles sold in 2030 will be completely autonomous (source: McKinsey)

Global automotive startup funding

20x

is the increase that occurred between 2010 to 2018—from $1.4B to $27.5B (sources: Statista)

Shared electric vehicles

100%

is Lyft and Uber’s planned shift to an electric vehicle fleet by 2030 (source: The Verge)

Internet of Cars: How Vehicles Go Digital

Modern vehicles are operated by autonomous driving and connect to infrastructure, the cloud, and other cars. The complexity of connected cars has caused a shift to centralized electronic architecture. Both trends highlight the need for external software development services. Here are some hints about what connected vehicle services automotive companies will need.

Connected car market size

300%

is the predicted value growth from 2020 to 2025 (source: MarketsandMarkets)

Global ADAS market

$83B

is the expected market size by 2030 (source: MarketsandMarkets)

Global V2X market

500%

is the predicted increase from 2019 to 2027 (source: Allied Market Research)

Vehicular data

259TB

of data is generated by connected vehicles daily (source: Engineering.com)

Internet of Cars: How Vehicles Go Digital

Today’s vehicles can deliver mobility as a service, provide autonomous driving capabilities, operate in a connected and digitized environment, and incorporate an electric drivetrain. Competitive services and solutions go hand in hand with the latest technology trends. Here’s what will work best in the near future.

Autonomous vehicle fleet

8M

of autonomous or semi-autonomous vehicles are expected to be on the road by 2025 (source: ABI Research)

Connected car market size

300%

is the predicted value growth from 2020 to 2025 (source: MarketsandMarkets)

Global ADAS market

$83B

is the expected market size by 2030 (source: MarketsandMarkets)

Global V2X market

500%

is the predicted increase from 2019 to 2027 (source: Allied Market Research)

ADAS Software and Hardware

Advanced driver assistance systems (ADAS) increase safety by predicting many situations on the road. With our expertise, you can build up in-house competence in ADAS solutions. Integrating real-time data captured from cameras, maps, sensors, and traffic systems can enhance navigation, routing, and road condition forecasts. ML algorithms are here to assist in data aggregation and analysis. Our team delivers:

Case Study

ADAS Solution for Electric Vehicles

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- Camera-based vision systems such as intelligent parking assistance (IPA), lane change assist (LCA), blind spot detection (BSD), rear view camera, and surround view (SV)
Sensor solutions based on LiDAR and RADAR technology like adaptive cruise control (ACC), autonomous emergency braking (AEB), and cross traffic alert (CTA)
E-mirrors for external rear and side view

Navigation and Infotainment Solutions

With Softeq, you can build solutions that enhance navigation, comfort, and entertainment. We connect technology inside and outside the vehicle and are well-grounded in Bluetooth, Wi-Fi, GPS, cellular, V2X, M2M, Android Auto, and Apple CarPlay technologies. When relating units, we will help you overcome electrical, mechanical, and software protocols and interface compatibility challenges. Our pool of solutions includes:

Case Study

Multimedia Unit for Electric Vehicles

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Multimedia-New-Era-of-Electric-and-Autonomous-Vehicles

Automotive HMIs that leverage haptics and gesture control, biometric identification, rearview systems, voice assistant integration, and more
In-vehicle infotainment systems like radio, noise cancellation, high-end audio amplifiers, satellite navigation, and messaging
AVAS systems developed to reproduce realistic engine sounds in line with EU Regulation No. 2017/1576
Virtual car keys used in or out of proximity and stored on a user’s smartphone or wearable device

Vehicle-to-Everything Systems

Vehicle-to-everything (V2X) connectivity allows cars to communicate with infrastructure, the cloud, and each other. Recognition sensors like cameras and radars allow cars to perceive their surroundings. Softeq uses a variety of communication technologies—DSRC (dedicated short-range communications), Wi-Fi, GPS, cellular, Android Auto, and Apple CarPlay—to provide seamless V2X connectivity and connect systems to the cloud and mobile devices. Our team ensures the smooth connection of electronic control units (ECUs). We are skilled at:

Blog Post

Connected Vehicles: 5G and V2X Communication

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5g-New-Era-of-Electric-and-Autonomous-Vehicles

Integration of vehicles with navigation systems for traffic management
Connection of cars to various types of traffic infrastructure like signs, traffic signals, toll booths, work zones, school zones, and more
Relation of vehicles to public transport systems
Over-the-air (OTA) software updates downloaded autonomously in safe mode and designated times

Research: Automotive Investment Market Overview - Q3 2023

An immediate access to the best-funded autotech segments and companies across the US

Full-Stack Team

We are here to develop a custom automotive solution from scratch or fill in any knowledge gap in your project—whether it be hardware design, embedded system, web, mobile, cloud, or QA.

Relevant Skills

Softeq develops camera modules and system boards, implements computer vision and deep learning algorithms, integrates sensors and connects with the cloud, optimizes performance on GPUs and CPUs, and more.

Domain Knowledge

We are aware of the challenges the automotive industry is facing: the competitive pressures on cost, quality, and performance of vehicles; strengthened regulations; the necessity to go green; and evolving customer expectations.

Compliance

We have a detailed understanding of the standards for electric and autonomous vehicles and provide the highest possible physical and data security protections. We develop in line with ISO 26262, SAE J3061, ISO/PAS 21448, ISO 11452-2, CISPR 25, AEC-Q100, and AEC-Q200.