Last modified on October 2, 2023
The automotive digital transformation and the economic impacts of limited data access
The automotive landscape in Europe has undergone significant transformations from vehicles’ technological advancement and communication capabilities to data-generation capacities.
The study on “the automotive digital transformation and the economic impacts of limiting data access”, commissioned by FIA Region I (1), provides an update of their previous assessment (2) of the economic impact of vehicle data access models on the European automotive aftermarket over the short to mid-term.
The study’s primary objective is to offer a comprehensive outlook of the existing level of asymmetry and challenges in the aftermarket while the automotive industry transitions into the era of the Internet of Things (IoT).
Specifically, the study seeks to address five key areas:
- assessing the value of the aftermarket from a consumer standpoint;
- outlining recent prominent developments and forthcoming challenges;
- describing the legal issues surrounding data access;
- presenting the consumer perspective on the topic;
- providing estimations of the potential economic impact resulting from unregulated in-vehicle data access.
This study analyses the current state of European regulation on data access in the automotive sector, highlighting the continued gaps and limitations of the existing regulatory framework.
1 Fédération Internationale de l’Automobile – Europe, the Middle East and Africa