The Key Insights on IoT in the Automotive Industry
Automotive use cases and key players
Facts About 1NCE Automotive Customers
Represent 16% of 1NCE customer base
Used in 137 countries
Supported 388 large deployments so far
Typical deployment size 10K-50k
Facts About 1NCE Automotive Customers
Represent 16% of 1NCE customer base
Used in 137 countries
Supported 388 large deployments so far
Typical deployment size 10K-50k
The automotive industry is rapidly evolving in the era of the Internet of Things (IoT), just like many other sectors. In a recent report by Transforma Insights, it was revealed that the connected car industry is poised for significant growth, with an estimated 2.5 billion connections projected by 2030.
This prominence is due to the large number of mobile, high-bandwidth cellular connections within the connected car space. The high relevance of the automotive sector for IoT is also reflected in the 1NCE customer base. Out of the 24,000 customers we serve today over 16% are from the automotive sector. which are based in 41 countries, including the USA, Italy, Germany, France, China, Canada, Netherlands, Great Britain, Serbia, Greece, and other markets. Additionally, we see material evidence of the global character of IoT use cases in automotive based on the fact that our customers are using the 1NCE service in more than 137 countries worldwide.
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Automotive & IoT Use Cases
Explore common IoT use cases in the automotive industry and their brief descriptions in the table below:
eCall IoT
Read MoreeCall is a versatile system related to other IoT automotive use cases like fleet management, usage-based insurance, entertainment, stolen vehicle recovery, and navigation. It enables vehicles to connect and communicate through both aftermarket and factory-fit connectivity for various purposes.
Fleet Management IoT
Read MoreIoT devices, software, and connectivity support fleet management in tracking and managing vehicle fleets for logistics, insurance, entertainment services, and navigation. It provides real-time data on vehicle performance, location, and driver behavior, optimizing routes, improving safety, and reducing costs.
Usage-Based Insurance (UBI) IoT
Read MoreUBI demonstrates the benefits of IoT in automotive industry, specifically in insurance. Through telematics devices, insurers collect data on vehicle usage and driving behavior, such as speed, braking, and time of day. This data allows insurers to calculate premiums based on actual driving patterns rather than traditional risk factors.
Vehicle Diagnostics IoT
Read MoreIoT-enabled vehicles help to monitor specific operations and overall vehicle health via analyzing data like engine efficiency, fuel consumption, braking system functionality, and battery status. With sensors, onboard diagnostics (OBD), and IoT connectivity this data is delivered real-time to centralized systems or cloud platforms.
Customer Stories
To understand the real-world impact of IoT in the automotive industry, let's dive into some success stories and hear what customers have to say.
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