Automotive Telematics Market Analysis and Scope (2023 to 2030)
Automotive Telematics Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 42.41 Billion |
Market Size by 2030 | US$ 157.49 Billion |
Global CAGR (2022 - 2030) | 17.8% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Offering
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Recent Developments:
Companies in the global automotive telematics market highly adopt inorganic and organic strategies such as product launches. A few recent developments by key the automotive telematics market players are listed below:
Year | News | Region |
Mar-2022 | ORBCOMM Inc., a global provider of Internet of Things (IoT) solutions, announced that it has added new feature enhancements to its data-driven truck telematics solution to improve the visibility, efficiency, safety and experience for fleets, drivers and their customers. | North America |
May-2021 | Onboard technology from Lytx, a leading provider of machine vision and artificial intelligence-powered video telematics, is made available on all model-year 2022 or newer Volvo trucks as a factory-installed option. The integration of this technology reinforces Volvo Trucks’ vision Towards Zero Accidents and commitment to offering the latest safety features for its customers. | North America |