Europe: IoT use for smart connected vehicles spending

Vehicle infotainment was the most common use case of Internet of Things (IoT) for smart connected vehicles in Europe in 2018. roughly 1.9 billion euros were spent on vehicle infotaimnent, and the next in the ranking was automated public transport, accounting for 1.4 billion euros spent.

Leading Internet of Things (IoT) use cases for smart connected vehicles in Europe in 2018, by spending value (in million euros)

Characteristic	Spending in million euros
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Release date

June 2019

More information

Region

Europe

Survey time period

2018

Special properties

>250 organisations from 19 European countries

Supplementary notes

* V2V communication is vehicle-to-vehicle communicational system in which vehicles and roadsite units provide each other with information, such as safety warnings and traffic information.
V2I communication is vehicle-to-infrastructure communication and enables several vehicles to share information with devices supporting the highway system of a country,.

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