The industrial internet of things (IIoT) has become very popular in industries across the globe. With robotic automation systems in the automotive sector, IIoT offers a great way to vehicles’ connectivity and new capabilities.
According to GlobeNewswire, the automotive IoT market will reach $541.73 billion by 2025.
Also, the Iot connected devices reach 75.4 billion in 2025. With the advancement in 5G, the IIoT has transformative potential in the automotive industry.
What exactly is the IIoT?
The Industrial Internet of Things (IIoT) is the next level of innovation to connect the world and to optimize the machines. It also refers to the connection of billions of devices like sensors, gateways, electronics, actuators, and much more.
Further, these can interact and make a connection with one another over a wireless network. Further, the connected machines can also share data with each other with no intervention of humans.
The use of sensors, advanced analytics, and artificial intelligence will transform the connection between field assets and enterprises in a big way.
Benefits of IIoT in the Automotive Industry
The potential of IIoT for the automobile industry is really immense. Here are the benefits of IIoT for the automotive industry.
One of the latest trends shaping the future automotive industry is connectivity in vehicles. These cars or trucks can communicate with other devices on the road or in the vehicle through the internet.
Further, a connected vehicle can accomplish a myriad of tasks and makes driving easy for a novice too. Also, it warns you about the traffic on the road and helps find a safe route as well.
Some automotive industries are working on providing amazing apps for automatic car parking in a tight spot or a narrow garage.
Autonomous vehicles are the future of the automotive industry. With the arrival of 5G and AI advance technology, companies are working on the creation of autonomous cars and trucks.
It is assumed that autonomous cars will reach 60 billion US dollars by 2030 and will become a large market worldwide.
Day by day pollution is increasing which causes big harm to the environment. Therefore, fossil fuels are not good for the environment. Also, everyday increasing prices of it can put immense pressure on your pocket.
This is why the demand for electric vehicles is increasing. IIoT can transform electric cars in a big way and make them future-proof vehicles.
AI Complements the IIoT, along With 5G
Another advantage of the high-tech IIoT automotive robots is that many of them offer predictive maintenance. You will get advance alerts about any problem and can get them to fix before major shutdowns happen.
Check out some interesting facts about 5G!
Artificial intelligence (AI) is often a primary part of detecting potential problems in your smart vehicles. 5G will make AI even more capable and smarter than ever. It is due to the low latency and high speed.
However, AI and 5G alone are not enough. Automotive companies need to merge AI and 5G with IIoT technologies to use the information they gather in the best possible way.
Using IIoT data, AI allows the machine to learn as well as adapt, enabling continuous system development. Therefore, when merging AI technology with IIoT, auto-driving vehicles become a reality on roads.
The Industrial Internet of Things (IIoT), along with other disruptive technologies like 5G, is revolutionizing the complete automotive industry.