The internet of things (IoT) refers to physical devices that are connected to the internet. These devices can collect share and exchange data with other connected devices. Any physical object can be called an IoT device once it is connected to the internet. The automobile industry is the fastest growing market for IoT based solutions. Drivers all over the world want their vehicles to become smartphones on wheels and IoT is offering car connectivity as the most promising futuristic technology.

According to research analysists  Sergei Bobrovsky Salute to Service Jersey , the global automotive IoT market is expected to expand at a CAGR of 27.55% and the automotive IoT market growth is foreseen to reach a value of USD 104.16 Bn by 2023. The automotive industry is an excellent example of how IoT is transforming manufacturing to meet new market demands while still fulfilling traditional objectives.

Technologies that are Transforming the Automotive Industry:

1. Predictive Maintenance Technology Prevents Expensive Repairs: In simple terms, predictive maintenance aims to predict when equipment failure might occur, so that the driver is notified in advance and may perform maintenance. In automation, predictive maintenance technology uses IoT connectivity tools to collect data from different parts of the vehicle and transfer that data to the cloud in real time, to check if there is any malfunction in the hardware or software. If there is any need for maintenance or repair  Artemi Panarin Salute to Service Jersey , the driver is notified and he or she can avoid potential incidents. Predictive maintenance helps both private vehicle owners and dealerships with large fleets.

2. Big Promise for Fleet Management: though the truck transportation segment might sometimes get step-brotherly treatment in the automotive industry, however, it becomes the laboratory for the boldest technological ideas. Large fleets generate a huge volume of data which can be collected using IoT devices and can be used for in-depth analytics and visualization. The data includes fuel consumption, performance statistics, routes  Seth Jones Salute to Service Jersey , and traffic congestion. Using cloud-based software and platforms, fleet operators can track vehicle position in real time.

3. Smart Infrastructure Promises New Driving Experiences: autonomous driving cannot exist without machine-readable infrastructure. Smart infrastructure makes driving smooth and safe and revolutionizes the driving experience. With IoT enabled automation technology becoming the norm, turn signal and mirrors will no longer be needed on cars. IoT connectivity with smart infrastructure with the smart infrastructure will make cities look like science fiction films. Real-time data from smart infrastructure devices can detect potential that may arise from anomalies in vehicle behavior, hazards that arise from poor road conditions and inclement weather.

4. In-Car Wi-Fi: Many IoT features can be supported by devices using 3G, 4G  Cheap Sergei Bobrovsky Jersey , or 5G connections.  devices can be used as Wi-Fi points, establishing V2V, V2D, and V2I connections. The smart connected car is now becoming a mobile hotspot for passengers via M2M SIM cards.

The game-changing impact of IOT on the automotive industry is powerful and apparent. The core of IoT based solutions lies in predictive maintenance that helps us prevent unplanned stops and malfunctions while driving.

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