Automotive IoT modules help innovators connect vehicles to networks, services, infrastructure, civic authorities and each other - making road travel safer, faster, easier, more entertaining, and more environmentally sustainable. Connected transport is therefore among the IoT’s highest growth markets, forecast to triple in value between 2020 and 2025, reaching $166bn by the middle of this decade.
Then from 2025 to 2027 the market for connected automotive sensors alone will grow at a CAGR of almost 9%, to $16.7bn. By 2025 almost all new cars will be connected, and the market for smart vehicles will have tripled in size over just five years, with 300 million new IoT connections from the consumer market alone. A vast service industry too is already taking shape around this transport revolution, forecast to be worth $81bn across Europe, China and the USA by the end of this decade.
Now is therefore the time to plan for market entry, or expansion, as this sector accelerates. The rise of smart cities is making C-V2X technology increasingly everyday – allowing vehicles to communicate in sophisticated ways with pedestrians, buildings, roads, and each other. Quectel is a leading supplier to the automotive industry, providing durable, compliant and reliable hardware to enable the new generation of smart vehicles. For applications in driver assistance, traffic management, on-board entertainment, autonomous driving and more, our modules are leading the way to smarter roads.
Automotive IoT use cases include
- Advanced driver-assistance systems (ADAS)
- Fleet management
- In-car entertainment
- In-vehicle navigation systems
- Remote vehicle control
- Remote vehicle diagnostics
- Remote vehicle monitoring
- Roadside units
- Smart safety and alarms
- Telematics boxes and control units
- Vehicle tracking
- Vehicle wireless routing
Our automotive modules