How 5G and IoT are Shaping the Automotive Industry

How 5G and IoT are Shaping the Automotive Industry

White Papers

The Internet of Things (IoT) enables transformational change in every industry, including automotive. The automotive industry can no longer disregard the significance of IoT. From connected cars to smart transportation systems, IoT is helping the automotive industry build next-generation vehicles. The Internet of Vehicles (IoV) is taking shape now.

The smart cars we see today offer just a glimpse of what is coming soon. According to Statista’s projection, connected vehicles will be the largest segment of the global 5G IoT endpoint market by 2023. This white paper discusses some of the benefits and limitations of the advanced technologies, shown in Figure 1, that will shape the future of transportation and the way we drive.

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