Predictive maintenance is a process for monitoring equipment through the operation to identify any deterioration, enabling maintenance to be planned and operational costs reduced. It is commonly used in the context of Industry 4.0.
The global smart fleet management market was valued at $276.56 billion in 2017, and is projected to reach $537.53 billion by 2025, registering a CAGR of 8.9% from 2018 to 2025. In 2017, Asia-Pacific accounted for the highest share in the global smart fleet management market.
The global connected car market was valued at $63,026.0 million in 2017, and is projected to reach $225,158.0 million by 2025, registering a CAGR of 17.1% from 2018 to 2025. In 2017, North America garnered the highest share in the global connected car market.
A smart city is a well-connected city that deploys various information and communication technologies to share information among public and improve the quality of government services as well as citizen welfare.
IoT monetization is a process that genres revenue from the IoT-enabled products and services by securing the IoT data and generating the data from IoT connected devices. Numerous benefits provided by IoT ...
Smart parking is an intelligent parking system that assists driver for safe parking. Available space in parking slot is indicted by sign or symbol with the help of embedded software and sensors. The vacant space is notified to the driver correctly due to the proper management of vehicle.
The adoption of IoT in the transportation industry has led to the incorporation of various tools & services that facilitate better transport management through traffic congestion control system; automotive telematics; reservation; toll ...