Top IoT Automotive Apps and How to Develop One

In this era of digital transformation, IoT devices have gained significant importance. Especially in the automotive sector, IoT fits perfectly in turning vehicles smarter than ever. What can be a better example than Smartphone-enabled carpool and car-sharing services that generate revenue for independent drivers and offer convenient traveler options? The benefits of IoT in the automotive industry have created extreme interest and growth worldwide. According to Allied Market Research, the value of the global “Connected Car” market was $63.03 billion in 2019. However, it is now expected to reach $225.16 billion by 2027, registering a CAGR of 17.1%.

IoT, or famously called IoV (Internet of Vehicles), offers comfort, connectivity, safety, security, performance, and robust network technology. All these benefits enable the driver to connect with online platforms to facilitate real-time communication. Eventually, there has been a rise in consumer demand for connectivity in their vehicles. The tech-savvy population is looking for options that provide constant connectivity. Over time, manufacturers and service providers have been working to deploy various connectivity solutions in cars.

The levels of connectivity in a connected car are interchanged at five levels, i.e., Vehicle to Infrastructure (V2I), Vehicle to Vehicle (V2V), Vehicle to Cloud (V2C), Vehicle to Pedestrians (V2P), and Vehicle to Everything (V2X). In simple terms, we can describe a connected car as a “data center on wheels”.

Read more about connected cars, automotive apps, and how to develop one.