Description:
Since quite a long, IoT solutions (Internet of Things) have been one of the most talked about topics for technology enthusiasts. It has been reshaping the way we communicate with the world and the way we live our personal and professional lives.
It is expected that by 2020, total number of IoT installed units will reach a number of 26 billion and the surprising fact is that a major portion of this number belongs to the automotive sector. This means that IoT application development will be deployed the most for numerous cars, heavy vehicles and two-wheelers. So what kinds of IoT benefits can be seen in the upcoming vehicle launch?
Traffic and bad road tracking
With the help of IoT solution development, the applications are developed which provide the vehicle drivers with information related to bad roads, pits and even traffic jam situations. This way, drivers will have more clarity on which route to take in order to reach the destination which will ultimately save their time. Also, road accidents can also be avoided.
Stolen vehicle tracking
Particularly for the high-end cars, this facility is provided predominantly by the manufacturers themselves. Internet of Things application development has helped automotive industry to come up with such advanced features with which stolen vehicle can be tracked.
Increased revenue for manufacturers
As mentioned above, more than 26 billion vehicles are going to have IoT solutions. With such a huge number, car manufacturers would have to manufacture more IoT based vehicles to cope up the market requirement. And this will make them earn new revenue streams.
While IoT application development is transforming the automotive realm, the ecosystem is witnessing a steady growth with entry of new players in the market. This keeps evolving the products and the standards of revenues for the manufacturers and suppliers. In a nutshell, IoT solutions are going to drive a new growth for the automotive sector.
Ecosmob provides sure-fire IoT solutions which would help your automotive business a new growth success. To get started, drop us a line!
https://www.ecosmob.com/iot-solution-development/
http://www.ecosmob.com
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