The global automotive telematics market is anticipated to grow at a CAGR of 20.0% during the forecast period (2022-2028). Telematics is a communication technology for the automobile industry based on information flowing to and generated from vehicles through wireless networks. Telematics is a methodology of monitoring the location and movement of a vehicle by combining Global […]
Tag Archives: Automotive Telematics Market
The global Automotive Telematics market size is projected to reach US$ 205640 million by 2028, from US$ 50430 million in 2022, at a CAGR of 21.7% during 2022-2028. Telematics systems deal with communication (sending, receiving, and storing information) regarding the vehicle. They also collect information from different on-board sensors, such as vehicle speed, braking system, […]