As per recent studies done in the automotive industry, there are more than 200 million cars that have internet connectivity in some form or other and in the next few years, automobiles will be the largest industry in adopting IoT. Among connected products, the number of cars will be highest.
This development will have a dual impact on the automotive industry, one from the consumer's perspective and the other one from OEMs (the car manufacturers). The consumer will have the benefits of continuous internet-connected car infotainment, navigation, location tracking, and other remote control features.
OEMs will be the major beneficiary of the impact of IoT on the automotive industry. The manufacturer will be able to have ...
