Connected mobility is rapidly transforming the automotive industry, with the global connected car market estimated to reach $191.83 billion by 2028. This trend is driven by the widespread adoption of IoT and 5G technology, enabling vehicles to become intelligent, data-driven entities capable of gathering, processing, and exchanging information in real-time. IoT-powered connectivity is revolutionizing urban traffic, with smart traffic lights in Barcelona leading to a 21% decrease in average travel times. Additionally, IoT integration in logistics and transportation is creating a more efficient and sustainable supply chain.
