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IoT in Automotive: A Growing Market

Posted: Tue Jan 07, 2025 6:58 am
by nurmohammadkhan
The automotive IoT market continues to expand globally since the early days of the Internet: in 2020 it amounted to 31 billion dollars, in the past year it should have reached, according to the most recent estimates, 38 billion dollars and it is expected to grow at a rate of 21.12% and will reach almost 100 billion dollars by 2026 (source: r esearchandmarkets.com ).

Already at the dawn of digitalization, car manufacturers saw great business iran whatsapp resource potential in the possibility of connecting vehicles through diversified flows of information. Thanks to the IoT, cars are now connected in real time to a real ecosystem within which the possibilities of communication between customers, manufacturers, administrative bodies, and institutions increase exponentially . The growth of data emitted and received by vehicles, processed to improve the functionality of the vehicles themselves, in turn produces a direct positive impact on the purchasing and usage experience .

Thanks to IoT technology, it is now possible to connect vehicles and resources through powerful and flexible solutions and enhance the information generated by different sources . The IT systems of the cars can connect to our smartphones and mobile devices to perform a series of functions, with the aim of increasing the quality of the customer experience :

record traffic alerts in real time ,
They offer emergency roadside assistance ,
they replace manual driving in some particular situations ,
allow the playback of customized entertainment programs .
The services offered are provided in radically simplified ways , becoming easier, more convenient and, above all, personalized. In this way it is more immediate to book and speed up all those activities that waste precious time , such as finding a parking space, scheduling maintenance, obtaining useful information before proceeding with an upgrade or a remote purchase.