In India, the connected car market is one of the fastest-growing ecosystems valued at USD 7.5 billion in the year 2018 and anticipated to reach USD 32.5 billion by 2025 at a 22.2% compound annual growth rate during the period. India has one of the largest car markets in the world, not only that India also ranked first when it comes to data anxiety that is related to connected vehicles. Introducing the Internet of Things (IoT) in-vehicle technologies like onboard GPS, the remote diagnosis has topped the road of a bunch of new opportunities in this industry.
One of the main concerns of both the businesses and consumers is the security of those vehicles, from designing various systems of cars to the moment the drivers take the wheel- security has been the top concern. One of the methods of securing the connected cars’ potential attack surface is to enable the correct level of connectivity at proper times.
The industry is continuously looking for fresh new ideas in order to make connected cars safer and more enjoyable for the users by enabling a better and connected experience. Here are a few IoT applications for cars that make automobiles safer for the future.
Through the updated technology the V2V communication will ensure full safety, it can be calculated using car alert options where the nearby connected cars can understand the location distance and speed of each other, it also lets you know direction, traffic and road condition along with necessary pedestrian information. Moreover, these IoT-enabled cars can initiate preventive measures like timely automated braking, required driver alert which will prevent that otherwise could not be possible.
This type of communication or infrastructure integration connects the cars with their physical surroundings and also help to manage the traffic notifying drivers about the road situation ahead. With that information, the drivers can detect pedestrians, bicycles with the car’s proximity and also send information regarding traffic-based information system and minimize human error.
Connected cars function through IoT data sources by generating a deluge of information facilitating transportation, logistics together with freight management decisions. In car insurance cases IoT is used expensively, the insurance companies can track the car’s accurate conditions and the owner’s driving style, it also states other condition of the car for driving safety. With all the data in hand, the insurance company can charge for insurance with more accuracy.
Location-sharing services together with smartphone-enabled carpool like Uber and other apps can provide transportation services that generate revenue for the company and provide the users top-notch services to the users. They also offer smart notification services for the safety of both the driver and users.
In the era of the Internet of Things (IoT) has emerged as smart machines, in future the technology will improve more to serve the users better, it can not only ensure the safety of drivers and users but also will entertain and ensure user comfort.
Tanaya is a Senior Content Developer at IoT Avenue who helped to build the content of the site along with several other sites with her compassionate SEO driven content. She is also a HubSpot, certified Content Marketer. She brings her five years of experience to her current role, where she is dedicated to developing the content of different websites.
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