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Market Report - Vehicle Telematics Market Size, Company Share To 2022: Grand View Research Chiefs Khalen Saunders Jersey , Inc. Technology Articles | October 9, 2015
Grand View Research has announced the addition of "Vehicle Telematics Market Analysis and Segment Forecasts To 2022" Market Research report to their Database.
The global vehicle telematics market is anticipated to show considerable growth over the forecast period owing to increasing security concerns of users. Growing need of car tracking and fuel-efficiency is anticipated to fuel revenue growth. Increasing penetration of smart-phone and tablets are also anticipated to fuel market growth. Favorable government safety rules and regulation are expected to provide positive avenues to industry growth. Popularity of embedded system has increased the demand for these systems in personal and commercial automobiles.
Automobile manufacturers are using the combination of any of the devices such as mobile phone, tethered etc. and embed the system Chiefs Juan Thornhill Jersey , to enhance intelligence and connectivity and enhance safety.
Various car telematics applications are offered by industry participants such as roadside assistance and e-call, diagnostics, stolen automobile tracking Chiefs Mecole Hardman Jersey , route optimization, navigation & infotainment, convenience applications Chiefs Tyrann Mathieu Jersey , and traffic information. Technological development for lowering carbon emissions through telematics is anticipated to drive market growth over the next seven years. These technologies provide the benefit such as cost reduction and enhance safety for vehicle, driver and passenger.
Transportation and logistics is anticipated to be key end user segment owing growing use of it for the purpose of tracking and safety of the truck and goods. Technological developments in wireless networks between vehicles are expected to propel growth over the next seven years.