If you never imagined a future with IoT Telematics installed in cars along with self-driving and predictive features, then it's time you start doing that! The IoT technology has come a long way and considering its recent accomplishments, likely; it is not going to stop bringing newer possibilities to the surface anytime soon. The impact of IoT on the market has turned the tables for all the other technologies in line. It is estimated that after 5 years, the technology will give the market a whopping reach of $541.73 billion, which is definitely a cherry on top for the countries.
One of the major reasons why people will consider switching to this technology in the future is the benefits it brings with itself. The research says that the future of IoT looks a lot easier, cost-effective, and convenient for a man. With the package of AI and IoT, a lot of changes are guaranteed to be made in the department of automotive and Transportation because there is only one thing people hate wasting and that is time, and these two technologies, when combined, can make a huge difference in the world of technology. Small cars with reliable engines and less expenditure are the things everyone is striving for. Soon enough, self-driving cars with better safety will be engineered and put out for the world to use.
The following infographic lists the future trends of the Automotive and transportation sectors. To help understand how these changes will be made to the current models, study infographic, and plan a better future for yourself as well.
Infographic by: Scand.com