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Products & Solutions>Mobility and IoT Solutions Whitepaper Mobility and IoT Solutions ungated

Unlock New Avenues of Revenue Generation in Connected Vehicle Services

Mobility and IoT Solutions
Whitepaper

Unlock New Avenues of Revenue Generation in Connected Vehicle Services

2023-07-06
24 mins

Learn how automotive manufacturers can monetize connected vehicle capabilities through innovative service offerings.

Key Takeaways

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      Market opportunity

      As consumers become more accustomed to in-vehicle connectivity, there is a massive opportunity for automotive manufacturers to monetize through unique consumer experiences.

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      Service diversity

      Potential revenue streams include software upgrades, subscription services, advertising, and usage-based insurance.

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      Adoption challenges

      Customers often fail to realize the true potential of connected services, sticking with them only during free trial periods which are typically short and data-capped.

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      Solution approach

      Tata Communications MOVE™ Renewal Assure helps automakers increase the uptake of connected car subscriptions by addressing these challenges.

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