The impact of automotive big data extends much farther than the industry itself, fueling substantial growth and advances in several other sectors.
Real estate is a beneficiary of automotive big data, which can help inform property purchasing decisions.
When choosing a location for a new development project, developers can leverage data from smart mobility infrastructure to assess traffic patterns, commute times, or the availability of public transport to find the ideal places for new properties that would appeal to prospective customers. Consider that sales value for residential housing can increase as much as 24% when located in close proximity to public transportation stops.
