The Insurance Telematics Market is projected to reach a CAGR of 21.01% between 2021 and 2027. Telematics refers to the technology used to collect vehicle information and transmit it wirelessly to external systems. Telematics insurance usually works by setting up a device, commonly referred to as a black box, that records various metrics such as […]
Tag Archives: Insurance Telematics Market
Telematics insurance usually works by setting up in the vehicle a device, termed usually as a Black Box, which records different metrics of the latter, such as speed, distance, and the type of road one travels. This device also monitors the braking pattern and driving style, which is utilized by insurance companies to compute the […]