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Global Telematics Market Size, Competitive Analysis, Share, Forecast- 2020-2026

Global Telematics Market Size, Competitive Analysis, Share, Forecast- 2020-2026

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Global Telematics Market Size, Competitive Analysis, Share, Forecast- 2020-2026

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  1. Orion Market Research

  2. Global Telematics Market Size, Competitive Analysis, Share, Forecast- 2020-2026 Request a Free Sample @https://www.omrglobal.com/request-sample/telematics-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404 The telematics market is anticipated to show a lucrative growth at a CAGR of around 17% during the forecast period 2020-2026. The telematics industry includes devices, software, and services to collect and transmit data on vehicle use, maintenance requirements, and automotive servicing. It is widely used to coordinate vehicle to manage the fitness, profitability, and productivity of a vehicle and the entire fleet. In a vehicle telematics system, a tracking device installed that allows the sending, receiving, and storing of telemetry data. The device is used to collect GPS data along with other vehicle-specific data and transmits it via different methods which include GPRS (General Packet Radio Service), cellular network, or satellite communication to a centralized server. The centralized server interprets the data and displays it to the end-users via websites and mobile applications. Get Free Sample Copy @https://www.omrglobal.com/request-sample/telematics-market High adoption of the telematics system for fleet management is one of the major factors for the growth of the market. It is used for vehicle tracking, trailer and asset tracking for the predictive maintenance, safety tracking, and insurance risk assessment due to its various advantages. The advantages of the telematics include a decrease in fuel cost, improved safety, elevated productivity, with overall better payroll management. With the introduction of 5G technologies and the increasing trend of the connected vehicle, telematics will find enormous opportunity in the near future. Besides, it is also expected to find a significant application in the autonomous

  3. vehicle for add-on service and safety operations. However, the mature automotive market and decreasing automotive sales are one of the major restraining factors for the market. Besides, due to COVID-19, an economic slowdown is expected which will further decrease the passenger and commercial vehicle demand all across the globe. Browse for Full Report Description@ https://www.omrglobal.com/industry- reports/telematics-market Market Segmentation Global Telematics Market by Type Hardware Software & Services Global Telematics Market by Sales Channel OEM Aftermarket Global Telematics Market by Connectivity Solution Embedded Solution Integrated Solution Tethered Solution Global Telematics Market by Vehicle Type Passenger Vehicle Commercial Vehicle Other

  4. Regional Analysis North America United States Canada Europe UK Germany Italy Spain France Rest of Europe Asia-Pacific China India Japan Rest of Asia-Pacific Rest of the World Company Profiles Actsoft, Inc. Agero Inc. BSM Technologies Inc. CalAmp Corp. Daimler AG Cisco Systems, Inc.

  5. Geotab Inc. Masternaut Ltd. Mix Telematics Ltd. HERE Global B.V. Octo Group S.p.A Omnitracs, LLC OnStar Corp. ORBCOMM Inc. Tantalum Corp. Telit IoT Platforms, LLC Tomtom International BV Trimble Inc. WirelessCar AB Verizon Wireless Inc. Wex Inc. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/telematics-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

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