Search results for: 'Telematics Market Forecast 2023-2030'

At present, only 24% of truck fleets in Mexico utilize telematics services; nevertheless, this number is expected to grow in the medium term. Basic solutions are installed in most connected trucks (usually, track and trace solutions), mainly to meet the demands of carriers and insurance companies. However, the need for advanced solutions, such as A...

The aim of this study is to analyze trailer telematics solutions in North America and present an overview of market growth opportunities and implications. Over the last decade, the logistics industry has undergone transformational changes by adopting effective management and utilization of fleets, manpower, warehouses, and assets. Though the indust...

Economies across the world are bouncing back in full force after the pandemic-induced lull. Despite a slump in the recent past, automotive sales are slowly recovering in the Americas, and fleet leasing and rental markets are on the path of recovery. Telematics adoption is on the rise as connected cars are gaining traction in the region, primarily t...

Despite the slump and slow recovery in automotive sales following the pandemic and ongoing semiconductor shortages, the vehicle leasing and rental industry in the Americas is on a robust growth trajectory. The Americas denotes Canada, the United States, Argentina, Brazil, and Mexico. Leasing and rental companies in North America and Latin America f...

The objective of this research is to analyze the growth potential of telematics-enabled usage-based insurance (UBI) service in the North American market. The study also illustrates the impact of legislations put forth in California on the total telematics-enabled UBI market. The main objective of this study is to highlight the following: The market...

The research service analyzes and provides forecast for the commercial vehicle telematics market in LATAMBrazil, Mexico, Argentina, Chile, Peru, and Colombia. The major focus is on the market trends in services, solutions, and technologies for specific segments such as light commercial vehicles, medium commercial vehicles, and heavy commercial veh...

The North American trailer telematics market has been active for more than a decade with fierce competition among its market participants. Despite its long presence, the market remains largely fragmented, and the competition is too intense for any considerable market consolidation to happen. However, the market is currently witnessing an influx of ...

The overall objectives of this study are to investigate typical attitudes towards fleet telematics (fleet management system solutions), understand key features and service expectations; explore perceptions and willingness to pay for fleet telematics services; examine vendor satisfaction and brand perceptions; and look at vendor consideration and se...

In this report, Frost & Sullivan studies the light commercial vehicle (LCV) and medium and heavy-duty (M&HD) truck segments for six regions: North America, Europe, China, India, Latin America, and the Association of Southeast Asian Nations (ASEAN). The study period is 2022–2023, with 2022 as the base year and 2023 as the forecast year. We segmen...