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India’s automotive HMI system market is experiencing a technological shift as more original equipment manufacturers (OEMs) introduce advanced infotainment systems with every new model launched. The growing demand for comfort, convenience, safety, and security has boosted the market for cars with advanced HMI features, more connected technologies, a...

Total demand for select construction and mining equipment market in India was found to be 105,811 units in FY2013. The market for new C&ME is likely to grow at a CAGR of 9.6% to 166,876 units in FY2018. Large allocations by government to public projects such as NHDP, Metro, and BRTS in India and strong emphasis on construction and real estate is li...

The Indian logistics industry is in the midst of a transformation as manufacturers and shippers look for ways to cut costs by reducing supply chain waste and the dependence on manpower. Logistics often is a target for efficiency improvements: customers are demanding more personalized services with a focus on speed and cost. In the past 5 years, l...

19 Nov 2020  |  South Asia, Middle East & North Africa  |  Frost Radar

Frost Radar™: Innovative Cloud-based SaaS Business Models are Driving GCC Connected Truck Telematics Market Growth

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

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The connected truck telematics market in the Gulf Cooperation Council (GCC) region is poised for slow growth due to the current perilous economic conditions. As awareness of telematics increases among the user community, especially for vehicle tracking and the monitoring of various user-based parameters, the technology will witness gradual acceptan...

GCC nations are actively reducing their reliance on oil-driven economies, recognizing the need for diversification as populations grow and oil resources alone cannot sustain future development. From 2011 to 2021, fossil fuel dependency saw a decline, with the UAE leading the shift by reducing oil’s share to less than 30% of its GDP by 2023. Economi...