Did you know that every second, 127 new devices get connected to the internet? Of course, we know this phenomenon as the Internet Of Things. According to research, 20.4 billion IoT (internet of things) devices will be online by 2020.
The emergence of IoT will revolutionize a lot of industries, disrupting the way we perceive and leverage different kinds of technologies.
The most promising yet unexplored aspect of this disruption is the car industry. We are already surrounded by cars that have Bluetooth capabilities, a touch interface, auto-driving mode, and an advanced safety system, and yet there’s still more to come.
Companies are opting for connected cars, and out of them, BMW is currently leading the pack. However, other automotive brands are not so far behind either.
The dawn of mobile applications gave rise to users demanding total control of the digital technologies they were interacting with daily.
And the innovators did just that – they started integrating different features into IoT apps for cars like parallel parking, touch control, and predictive maintenance. It is just a matter of time when mobile apps take total control of the automotive industry and revolutionize the way we operate cars.
So, today in this blog, we’re going to explore how IOT apps are influencing/changing the way we drive and interact with cars, and where these advancements are leading us.
Giving Feasibility to Drivers Beyond Expectation
Automotive IoT solutions will work in tandem with the emergence of the latest technologies in the industry. Driverless car technology is currently being widely explored and perfected and this will inadvertently lead to riders being more and more free during their commutes to interact with a legion of other tasks.
From business apps to IoT apps connected to your home appliances, cars can become the command center of our daily lives, making us ever more connected to the grid than ever before. Some of the technology currently being explored in this niche is being considered revolutionary, but it’s just the start for the things to come.
In 2016, Mercedes launched the Mercedes E-Class with remote parking – app-controlled feature.
Using this application, you can easily control your car’s steering and speed. This proved to be highly convenient for the drivers because they could now easily park their car and get out of even the most challenging parking situations with complete ease.
Another feasibility that mobile IOT apps have given us is the on-board diagnostics systems, also known as OBD-II.
These systems are designed to provide the drivers with all the necessary information to keep their vehicles running smoothly.
The information that is provided by the OBD-II system come on specific apps.
Interlinking IoT Applications and Cars
Though the term “IoT” or “Internet of things” was coined by Kevin Ashton in 1999, it didn’t become widespread until 2010 when Google launched its Streetview service. Fast forward, today, the global market of IoT is set to grow its market revenue to 1.6 trillion by 2025.
However, for now, automakers are laying the foundation of their connected cars using two methods: embedded and tethered. Embedded cars are equipped with an antenna and chipset, while tethered connections require hardware to enable drivers to connect to their cars through their smartphones.
Cars are increasingly becoming an extension of the digital experience.
Technology is shifting the way we interact with cars, and mobile apps are playing a starring role in the whole process. Cars are becoming more like smartphones, with several of their features being controlled by mobile apps.
Just imagine a possibility where you could literally operate your car with a touch screen instead of steering, or the car would be self-driving. Consider the example of Waymo.
Waymo is a self-driving technology development company that has been working on the self-driving car project since 2009.
According to business insider intelligence, Waymo was recently valued at $10.5 billion, and the company is expected to hold 18% of the share of the market by 2030.
Some other examples of popular consumer devices that may go through IoT implementations to get them repurposed for cars are TrackR and Bird.
The Emergence Of Connected Cars and Their Benefits
The IoT industry is rising. Even though it is only emerging, the industry’s total estimated worth will be around $82.79 billion by 2022. These stats and several other assumptions alone are enough to grasp investors’ and brands’ attention to investing in IoT app technology.
The following are some benefits of IoT app technology that can soon be leveraged by the automotive sector:
Vehicle Performance & Maintenance Monitoring
By leveraging a V2C connection, the driver can stay up to date with their car’s condition and core systems performance.
The core information is displayed on the user’s smart car’s app. The instant notification features can help prevent malfunctions and reduce the cost of maintenance.
Improving Control & Safety
This is a data-driven approach that gives you real-time monitoring of the car’s condition through a smartphone which further gives you the advantage of scheduling repairs to avoid more complex problems and breakdowns.
This means you have control of your vehicle, and you can easily identify the parts of the car that need maintenance urgently.
Ensuring A Safe Driving Experience
The V2X, V2I, and V2V technology give your car awareness of its surroundings. The car understands the infrastructure and road condition through which it automatically adjusts the car’s speed and direction.
This can significantly reduce the chances of accidents by creating a safer driving experience for the user.
An Affordable Solution
Although connected cars and IoT apps usage will cost you to some extent but comparing the fuel and time savings that this system will give you, it will prove to be a cost-effective solution in the long-run.
This Is Only The Beginning
The self-driving opportunity that AI will create will be the biggest leap in the automotive industry. Although new technology is still in the making, the US market for self-driving vehicles is set to increase to $36 billion by 2025.
This provides more automotive companies with the opportunity to learn and explore new ways for the integration of IoT apps to the driving systems of a car.
More innovations are already expected as we enter 2021 and IoT apps will genuinely play a vital role in collaborating with connected cars to take the transportation industry to a whole new level.