Zion Market Research Global Commercial Vehicle Telematics Market, 2016– | Page 2

Commercial Vehicle Telematics Market
Zion Market Research, the market research group announced the analysis report
titled ‘Commercial Vehicle Telematics Market: Global Industry Analysis, Size,
Share, Growth, Trends, and Forecasts 2016–2024’
Global Commercial Vehicle Telematics Market: Overview
Commercial vehicle telematics market is exploring globally owing to services such as
tracking and fleet management. Telematics systems provide fleet management
solutions that will assist the organization to minimize the number of empty runs and
successively it reduces fuel expenses. Fleet operators are using fleet management
services in order to reduce which in turn minimizes overall vehicle downtime. Next-
generation telematics protocol (NGTP) offers some advantages such as support for
legacy systems, reduced barriers to collaborate and implement, enhanced value
proposition of different players, and promotion and adoption of new technologies. This
system will offer service providers robust, flexibility, cost-effectiveness, and scalable
telematics solutions.
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