Proof Point
55% of automotive executives surveyed by KPMG believe OEMs and ICT companies will compete rather than cooperate with each other in future
Automotive Executives' View on Whether OEMs and ICT Companies Will Cooperate or Compete in Future
2016 (percent of respondents)
| Note: | Data based on KPMG’s survey of almost 1,000 executives from automotive upstream and downstream industry segments in 42 countries, covering OEMs, suppliers, ICT companies, mobility service providers, dealers and financial services |
Proof Point Findings
- OEMs and ICTs – Original equipment manufacturers (OEMs) refer to car manufacturers, while Information, Communication and Technology (ICT) companies include firms that provide unified communications, telecommunications, software, middleware, storage, and audio-visual systems to automotive companies
- Cooperation vs. Competition – 55% of executives think that OEMs and ICT companies will compete directly rather than collaborate in future, while 45% believe otherwise
- OEM and ICT Perspective – More OEM (58%) and ICT (59%) executives believe that competition will be dominant strategy going forward in future rather than cooperation
- Key Growth Drivers – Include industry convergence trend, increasing capability of companies, especially ICT companies, to develop end-to-end automotive production capabilities, technological advancements enabling innovation (e.g. Internet-of-Things, sensors, artificial intelligence, and network connectivity), and growing number of entrants in automotive industry
|
Accelerator |
|
|
Market Disruption |
|
|
Business Model and Practices Business Model |
|
|
Sector |
Information Technology, Transportation and Logistics
|
|
Source |
|
|
Date Last Updated |
May 29, 2017
|
