Title: Telematics Solution Market - Forecast (2023 - 2028)
1Telematics 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. 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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- 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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- 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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- Telematics Solution Market
- CalAmp
- Fleetmatics
- Bosch
- Continental
- Descartes
- Trimble
- Astrata Group
- Topcon
- TomTom
- Harman
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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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- 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
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501126
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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
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Contact (1) 970-236-3677
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