Automo.ai estimates Automotive and Healthcare Convergence Scenario will open up new revenue streams
In the future, the cars will witness built-in applications for cloud-enabled platforms which will further boost the adoption of health and well-being, such as heart rate measuring sensors in seat belts, air condition humidifiers, and wearables.
The new technologies such as satellites and 5G have laid the foundation to link the automotive industry with other industries which are outside the ecosystem. This will pave the way for cross-segment industry partnerships. In the future, the cars will witness the built-in application for cloud-enabled platform which will further boost the adoption of health and well-being. The first step will be to integrate the devices such as heart rate measuring sensors in the seat belts, air condition humidifiers, and wearable and other health-related applications. In the second stage, windshield which is enabled with augmented reality and the vehicle dashboard will be employed to display data related to diagnosis such as providing warnings on the vitals of the passengers. This will also open up a new revenue stream for the OEM's.
The data giants of today such as Google, Amazon, IBM, and others will start offering healthcare related services from medium to long term. Healthcare will be data-based, democratized and will be driven by the consumers. New players are slowly entering the market and it is high time for the mobility industry to enter the market as well.
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