New scenarios for 5G applications: significant benefits for the V2X Industry
China's auto market has suffered a continuous decline, in 2019, with the whole industry output be lower than expected. The whole industry holds a wait-and-see attitude towards the future.
However, the development of 5G technology is expected to bring great changes to the entire automotive industry, and some people even say that it is the only opportunity for a new comer to change rank in the automotive industry.
It is said that 5G network can connect everything, with low delay and high throughput, which can meet the data requirements in different scenarios, and may even bring huge development to self-driving vehicles.
But the reality is that self-driving vehicle is a huge challenge to complete, by using 5G V2X technology, or a combination of different radars, sensors and complex algorithms based on.
2019 is the first year of 5G networks commercialization. Aprofessional forecast report issued by the China Academy of Information and Communications Technology, 5G will bring in more than 10.6 trillion RMB in all between 2020 and 2025.
Domestic car companies is preparing their own capabilities for self-driving cars, after all, their strategy will determine their future position and competitiveness in the industry.