The market for IoT in automotive is expected to increase in the coming years. It is due to the increasing popularity of cars and the need for safety features that can connect to other devices. Additionally, the growing trend of autonomous driving will help drive IoT adoption in automobiles.
The IoT in the Automotive market is expected to reach around USD 20 billion by 2025. The main reasons for this prediction are the growing demand for connected cars, the rise of digital assistant vehicles, and the growth of eSports. To keep up with these trends, automakers need to invest in developing IoT technologies that can help them control and monitor car systems.