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India is set to revolutionize its automotive sector by introducing passenger cars equipped with 5G M2M connectivity and advanced AI technologies starting in 2025. This shift will make sophisticated technologies accessible across various price segments, skipping 4G entirely. The integration of in-vehicle computing and artificial intelligence will enable real-time data processing, enhancing the driving experience significantly.
The report highlights a growing consumer interest in smart and connected cars, with many respondents eager to invest in enhanced features and experiences. Major automotive manufacturers are expected to adopt these technologies, making them standard in vehicles priced above Rs 20 lakh. Companies like Qualcomm and MediaTek are leading the automotive chipset market, which has already surpassed USD 1.5 billion in revenue.
• India's automotive sector will skip 4G and adopt 5G technology.
• 55% of consumers are aware of smart/connected cars.
5G M2M connectivity refers to machine-to-machine communication using 5G networks, enhancing vehicle connectivity.
GenAI, or Generative AI, enables advanced data processing and real-time decision-making in vehicles.
In-vehicle computing involves the integration of computing systems within cars to support various applications and services.
Qualcomm is a leading company in automotive chipsets, providing essential technology for 5G connectivity in vehicles.
MediaTek specializes in semiconductor technology, playing a crucial role in the automotive chipset market.
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