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Growth Opportunities in IoT-Powered Automotive Services, Connected Cars, mHealth, and Telehealth

Which growth strategies will help your teams evaluate various technology providers and implement IoT best practices in automotive services and digital health?

Advancing Internet of Things (IoT) technologies and new business models are transforming conventional industry landscapes in automotive transportation and healthcare, paving the way for a more connected, intelligent, and data-driven future, through:

Navigating IoT Implementation Challenges

Navigating IoT Implementation Challenges

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Strategic Imperatives Catalyzing Growth in Automotive and Healthcare Services

Innovative Business Models

  • Developing service-based automotive business models that align with the “softwarization” of vehicles and changing consumer behavior.
  • Enabling patient-specific tracking and reimbursements based on treatment outcomes through healthcare service-as-a-fee business models. 

Disruptive Technologies

  • Embracing 5G, wireless sensor networks, machine vision, image processing algorithms, and narrow band IoT to deliver innovative automotive IoT applications and services.
  • Focusing on portable imaging/ diagnostic solutions, connected devices, and embedded data encryption in digital healthcare services. 

Industry Convergence

  • Integrating FoD services and advanced connectivity across the automotive mobility value chain.
  • Leveraging the proliferation of smartphones and mobile apps in the healthcare industry to deliver decentralized, cost-effective, and accessible healthcare for all.

To capitalize on the latest IoT technologies and delve into new growth opportunities – from IoT powered vehicle maintenance systems and FoD services, to remote diagnosis and connected healthcare workflowsexplore Frost & Sullivan's comprehensive intelligence on the subject.

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