The Future of Connected Car with IoT
There was a time when the idea of autonomous vehicles was considered a vision of the future, the technologies available at that time were not enough to support that vision. However, the development in technologies like IoT (Internet of Things) and AI (Artificial Intelligence) have enabled transformational changes in this sector. Through advanced communication capabilities and smart sensors, the IoT technology in particular is setting the path for the automotive industry and connected vehicles in the future economy.
Market Forecast
Being a major driver in the smart and autonomous vehicles industry (like in many other industries) the growth of IoT has been exponential. According to Gartner, there will be more than 250 million connected vehicles on the roads by the end of 2020. The IoT solutions suppliers will benefit from this new market and generate a revenue of over 300 billion dollars by 2020. While ITC states that the worldwide market for IoT solutions in the automotive industry will grow to 7.1 trillion dollars by 2020.
How IoT is transforming the Automotive Industry ?
Fleet Management
Vehicle Tracking
OBD II Tracking
Connected Car Development
Driver Behaviour Analysis
Geo fencing
DTC Codes Alerts & Alarms
Dash Cam Real Time Video Footage
FNOL Alerts
Pay as you Drive Model
Smart phone Sensors
Idle TIme Vs Driving Time Tracking
Real Time Tracking
Live Streaming
Fuel Consumption
Route optimisation, Trip Summary & increase in ROI
Connected Vehicles Solutions At Addon Web Solutions
Addon Web Solutions works intimately with some of the leading Telematics providers in the India to deliver a world class fleet management service.
Our completely integrated system can give you vehicle data, for example, tracking, driving conduct, idling time, tachograph, ETAs and more. Through our off the shelf integration we are likewise ready to supply real-time data on round progress, guidance progress and any special cases recorded, empowering a speedy reaction to client enquiries.
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