Title: Telematics Solution Market - Forecast, 2022-2027
1Telematics Solution MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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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.
The major automobile industries are spending more
on research and development activities and
concentrating to develop and implement telematics
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.
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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 Industry Outlook
- CalAmp
- Fleetmatics
- Bosch
- Continental
- Descartes
- Trimble
- Astrata Group
- Topcon
- TomTom
- Harman
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Telematics Solution Market- Forecast(2022 -
2027) Learn More About the
Report _at_
https//www.industryarc.com/Research/Telematics-So
lutions-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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