Digital Car Key Capabilities Set to Ship in 60 Million Vehicles by 2031, Unlocking Ongoing Revenue for Auto OEMs

BLE and NFC combination solutions and BLE, NFC, and UWB combination solutions are the fastest growing in the market, with a CAGR of 14% and 34%, respectively, with the difference arising because of the relatively early stage in the market for UWB solutions. Digital car key solutions are expected to reach 70% of vehicle shipments globally by 2031, rising from just 22% in 2023. More and more OEMs are shipping all of their vehicle lines with some sort of digital key functionality, with several also including UWB support in their top-of-the-line models in the last year, such as BMW, Kia, Mercedes-Benz, and Hyundai. These companies are supported in deployment by their Tier One suppliers, chipset suppliers (such as NXP), and often digital key specialists for both the hardware and cloud platform infrastructure (such as Thales, WirelessCar, and Giesecke & Devrient).

NEW YORK, 11/12/2024 (informazione.it - comunicati stampa - editoria e media)

BLE and NFC combination solutions and BLE, NFC, and UWB combination solutions are the fastest growing in the market, with a CAGR of 14% and 34%, respectively, with the difference arising because of the relatively early stage in the market for UWB solutions. Digital car key solutions are expected to reach 70% of vehicle shipments globally by 2031, rising from just 22% in 2023. More and more OEMs are shipping all of their vehicle lines with some sort of digital key functionality, with several also including UWB support in their top-of-the-line models in the last year, such as BMW , Kia , Mercedes-Benz , and Hyundai . These companies are supported in deployment by their Tier One suppliers, chipset suppliers (such as NXP ), and often digital key specialists for both the hardware and cloud platform infrastructure (such as Thales , WirelessCar , and Giesecke & Devrient ).

The industry has begun to unify around open standards bodies for digital keys, such as the Car Connectivity Consortium (CCC), Intelligent Car Connectivity Ecosystem Alliance (ICCE), and Intelligent Car Connectivity Open Alliance (ICCOA). Looking to the future, these open standards will play a key role in enabling the industry to move forward with digital key adoption, and nearly all OEMs are moving in this direction, apart from Tesla and some Chinese OEMs who value the quicker time-to-market that proprietary approaches allow.

These findings are from ABI Research's Automotive Cyber Security: Securing Vehicle Access  application analysis report. This report is part of the company's Smart Mobility and Automotive  research service, which includes research, data, and ABI Insights. Based on extensive primary interviews,  Application Analysis reports present in-depth analysis on key market trends and factors for a specific technology.

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pr@abiresearch.com  

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