Telematics Market Global Scenario Telematics Market
Telematics Market Global Scenario, Market Size, Outlook, Trend
and Forecast, 2015-2024
Telematics by the synonym itself defines the integration of telecommunications and
information and communications technologies abruptly called as informatics. It can be
simply the technology of transmitting, receiving, sending and storing of information
relating to various objects via telecommunication devices. Telematics will include
everything from GPS systems to navigation systems. It will include many features in
vehicles such as without touch mobile calling, wireless television remote unlocking,
roadside assistance of vehicles and internet on vehicles. It also includes a wide range of
different features, devices and options that can be brought together by a unique principle
– data and communication. Telematics is heavily used in fleet tracking and management.
Hardware providers like OEM manufacturers and embedded system manufacturers can
find the huge advantage in investing in this market segment along with the vehicle
manufacturers. OEM and embedded system manufacturers will provide the equipments
needed for installing the software application on to the vehicles whereas the software
applications may range from tracking the devices to the safety mechanisms and
precautionary measures been implemented in the vehicles.
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The upcoming market technologies and trends like the evolution of 4G/LTE networks and
high-speed data connectivity speeds will boost the growth in the adoption solutions by the