Passenger Vehicle Feature on Demand (FoD) – How Can Your Team Leverage Emerging Growth Prospects?
The convergence of technological advancements and evolving consumer demand for connectivity, personalization, and flexibility are driving transformational growth
Overview
Feature-on-demand (FoD) technology is emerging as a transformative megatrend in the passenger vehicle industry due to automotive advances and changing consumer preferences. FoD allows vehicle owners to unlock and activate various features after the vehicle purchase, through either subscription fees or as a one-time payment. Original equipment manufacturers make various on-demand features available, such as advanced driver assistance systems (ADAS), premium infotainment, enhanced navigation, and comfort functionalities.
- How can your company capitalize on the growth potential of FoD technology in the passenger vehicle industry?
- How does the increasing demand for connectivity and digitalization impact the growth potential of FoD technology?
- What are the emerging possibilities and growth opportunities related to safety, security, convenience, performance, and remote services?
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