Telematics Solution Market - Forecast (2023 - 2028) - PowerPoint PPT Presentation

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Telematics Solution Market - Forecast (2023 - 2028)

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The Telematics Solution Market size is estimated to surpass $55.5 billion by 2027 growing at CAGR of 8.3% during 2022-2027. – PowerPoint PPT presentation

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Title: Telematics Solution Market - Forecast (2023 - 2028)


1
Telematics Solution Market Forecast(2023 -
2028)
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • The Telematics Solution Market size is estimated
    to surpass 55.5 billion by 2027 growing at CAGR
    of 8.3 during 2022-2027. Automotive telematics
    deals with telecommunications and information
    technology which is related to long distance
    transmission of information in commercial
    automobiles.
  •  It is the technique of sending and receiving the
    information automatically from automobiles by
    vehicle to vehicle or vehicle to infrastructure
    through the integrated use of informatics and
    telecommunications. On-board integrated
    telematics system, driver interface in a vehicle,
    car tracker systems, sensor systems are the
    important telematics devices in vehicles.

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3
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  • Key Takeaways
  • The growing demand for operational efficiencies
    in the industry is set to drive adoption of fleet
    management telematics. Companies have in recent
    years shifted focus from reducing operational
    cost to improving operational efficiency as a
    method to improve their profitability.
  • Companies are also looking to fleet management
    services to monitor driver behavior in order to
    improve the efficiency of this aspect.
    Traditionally, truck driver monitoring included
    factors such as speed and vehicle location
    however, with the advent of telematics monitoring
    has become more intrusive with features such as
    speed, braking and cornering techniques as well
    as route times, hours of service and fuel
    monitoring data.

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4
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  • By Distribution Channel- Segment Analysis
  • Commercial Automotive Telematics Solution Market
    size has revenue of 27.2 billion in 2021. In
    recent years, for monitoring driver behavior and
    vehicle, telematics black boxes have been used to
    transmit information such as real-time car
    trackers, vehicle diagnostics, changes in speed,
    harsh driving etc. 
  • This help fleet companies to evaluate and take
    necessary step to optimize their operations.
    Increase in the implementation of advanced
    solutions in order to reduce operational costs in
    the logistics industry is expected to propel the
    growth of commercial automotive Telematics
    Solution Market in commercial vehicles. 

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5
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  • Telematics Solution Market
  • CalAmp
  • Fleetmatics
  • Bosch
  • Continental
  • Descartes
  • Trimble
  • Astrata Group
  • Topcon
  • TomTom
  • Harman

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6
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Telematics Solution Market Learn More About the
Report _at_ https//www.industryarc.com/Research/T
elematics-Solutions-Market-Research-501126
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Email sales_at_industryarc.com
7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_
  • https//www.industryarc.com/purchasereport.php?id
    501126

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Email sales_at_industryarc.com
8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
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