In transportation, new technology is creating incredible opportunities to improve the safety and efficiency of our vehicles and highways.
The IoT market in intelligent transportation systems is expected to reach $143.93 billion by 2020 at an estimated CAGR of 8.95% from 2014 to 2020.
Major drivers for the adoption of these systems are vehicle, passenger and pedestrian safety; fuel efficiency and environmental pollution; parking space selection and reduction in street and highway road congestion. Not only are sensors being implemented in large numbers for autonomous vehicles but in the roadways, tunnels, bridges and train tracks that are ubiquitous in overall transport infrastructures.
Security and privacy are critical to the success of IoT in the transportation sector. Device Authority’s device authentication and data encryption security platform ensures data is secured at every point from creation through to transmission and storage – and integrates with systems that cooperate seamlessly with a wide range of third party suppliers.
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