While short-term value unlock would largely be from the enhancement of existing cases, in the longer term, value creation will be driven by enabling new and advanced use cases. Over that same period, the percent of value enabled by 5G and edge will increase from about 5 to 30 percent. We estimate the total value created by connected-car use cases to increase from about $65 billion in 2020 to $450 billion to $500 billion by 2030. These developments will have major implications for companies along the entire automotive value chain. While most current automotive applications now rely solely on one workload location, they may later use some combination of edge computing with onboard or cloud processing that delivers higher performance. These benefits could contribute to greater use of edge applications within the automotive sector and lead to the development of new automotive use cases. Even greater changes may be in store because 5G technology is expected to provide the bandwidth, low latency, reliability, and distributed capabilities that better address the needs of connected cars. The ACES trends-autonomous driving, connectivity, electrification, and shared mobility-are transforming the automotive industry.
