Internet of Things (IoT) in Automotive - Thematic Research
IoT is one of the primary enablers of digital transformation in the automotive sector.
This report looks at the emerging trends in Internet of Things within the automotive sector.
It brings together various technologies, like AI, 5G, edge computing, and cloud computing, which helps reduce latency levels to allow real-time decision-making and reduce the need for human intervention in IoT ecosystems. The connected car will increase data generation exponentially and establish itself as a key component of the IoT ecosystem, and eventually, an extension of consumers' automated homes. Automakers must use this abundance of data to pivot their business models towards software and reduce their dependence on Big Tech to meet the needs of their customers.
The Industrial Internet will also profoundly impact how suppliers and original equipment manufacturers (OEMs) run their factories. It will allow them to track parts across the supply chain, monitor the condition of machines, and respond better to disturbances like the COVID-19 pandemic and the worldwide chip shortage.
We highlight key developments within the automotive IoT theme, along with its top mergers and acquisition deals, and a timeline of past and future milestones. The report also features market and forecast data, along with our company analysis section, looking at the most important players in the IoT field and their key moves in the sector.