Page 42 - IoT_European_Large-Scale_Pilots_Programme_eBook_CREATE-IoT
P. 42
market
market
42 context
cotext
CONNECTED VEHICLES: RETHINKING THE TRADITIONAL AUTOMOTIVE INDUSTRY MARKET
The transport concept is changing rapidly, going beyond the traditional approach based on individual ownership of vehicles, rigid separation between public
and private transport, and limited insights on optimal journey choices towards more flexible mobility services.
As the picture shows, car use has increased over the past 20 years in all European countries.
Automotive players are strongly investing on a full digitalization of their products and services, with regulators and providers in the sector promoting the
adoption of common data management rules and data platform design principles in order to cultivate an open and competitive connected vehicles data
marketplace. This will enable safer, more efficient and sustainable mobility, while fostering new business models and opportunities in the broad sector
ecosystem.
Number of passenger cars in
Europe from 1990 to 2016
Source: Eurostat

