The connection between objects and information exchange has been possible in recent years, with the advent of the Internet of Things (IoT) in different industries. We can meet different requirements in each industry utilizing this feature. Intelligent transportation uses the Internet of Vehicles (IoV) as a solution for communication among vehicles. It improves traffic management applications and services to guarantee safety on roads. We categorize services, applications, and architectures and propose a taxonomy for IoV. Then, we study open issues and challenges for future works. We highlighted applications and services due to drivers' requirements and nonfunctional requirements, considering the qualitative characteristic. This paper summarizes the current state of the IoV in architectures, services, and applications. It can be a start view to provide the solutions for challenges in traffic management in cities. The present study is beneficial for smart city developments and management. According to this paper's result, the services and applications evaluate performance with 34% frequency, safety and data accuracy, and security with a 13% frequency in selected papers. These measurements are essential due to the IoV characteristics such as real-time operation, accident avoidance in applications, and complicated user data management.