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.

Scope

• IoT finds applications at all stages of the automotive value chain. Tier 1 and 0.5 suppliers are driving forward the development of connected car technologies, with the vehicle establishing itself as a key component in the IoT. Auto manufacturers use the Industrial Internet to streamline production processes and increase efficiency. Autonomous vehicles communicate directly with road infrastructure to provide updates on conditions, traffic, accidents, and weather. IoT finds uses in the post-sale layer of the value chain through telematics-based insurance and predictive vehicle maintenance.
• IoT is one of the primary enablers of digital transformation in the automotive sector. When combined with other emerging technologies, such as AI, 5G, edge computing, and cloud computing, companies will expect to enjoy enhanced operational efficiency, reduced costs, improved decision-making, and better customer experience.

Reasons to Buy

• Understand the impact IoT is having in the automotive space. Identify the emerging trends in the theme and how these developments might advance in the future. Learn about the different use cases and where they are emerging. View market and forecast data for the sector.
• The analyst's thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.