Battle for the digital key market: car companies, mobile phone manufacturers and technology providers compete for layout

With the rise of smart cars, the digital key market is developing rapidly. In 2022, the number of digital keys installed in Chinese passenger cars reached 4.573 million, and the installation rate is expected to exceed 80% in 2030. Digital key technologies include BLE, NFC and UWB, among which UWB has attracted attention due to its high-precision positioning and security. Industry participants include traditional Tier 1 manufacturers, security manufacturers, chip manufacturers and mobile phone manufacturers. Companies such as Yinji Technology are committed to building a complete digital key ecosystem that connects the cloud, vehicle and smart terminals.