A new report from Juniper Research has revealed that 775 million consumer vehicles will be connected via telematics or by in-vehicle apps by 2023, rising from 330 million vehicles in 2018. This is an average annual growth of 18.7% over the next 5 years.
Samsung Electronics Co., Ltd., a world provider in advanced semiconductor technology, announced two new automotive solution brands — Samsung Exynos Auto and Samsung Isocell Auto – to bring cutting-edge application processor and image sensor technology solutions to the road.
Sas Global Communications, a provider of managed network and application services, is using an advanced telematics solution from Ctrack, an Inseego company, to enhance fleet performance and reduce operating costs.
Rapidly-growing data aggregation specialists, Collision Management Systems (CMS) received a £1.25 million (€1.41 million) investment from BGF, following the launch of its telematics data aggregation, risk management and crash detection software for Telematics and Insurance businesses.
Global IoT Market In The Transportation Sector Market 2016 Industry, Analysis, Research, Sales, Trends, Supply, Share, Growth, Forecast to 2023.” industry has led to the incorporation of various tools & services that facilitate better transport management through traffic congestion control system;
Most commercial vehicle manufacturers now offer factory-installed telematics devices and various degrees of fleet management (FM) functionality for their vehicles – either independently or in partnership with established FM solution providers.
Fleet management solutions are increasingly leveraging the functionality of real-time IIoT platforms, one example being the consolidation of logistics data generated by different telematics systems.
International fleet management application provider, DRVR has selected Tata Communications as its global IoT connectivity partner to help achieve its objective of making Asia’s vehicle fleets the smartest and most cost-efficient in the world.
Berg Insight estimates that the global installed base of active construction equipment (CE) OEM telematics systems reached almost 1.8 million units in 2016. Growing at a compound annual growth rate (CAGR) of 21.3%, the active installed base is estimated to reach 4.6 million units worldwide in 2021.
According to a new research report from the IoT analyst firm Berg Insight, the number of insurance telematics policies in force on the European market reached 6.8 million in Q4-2016. Growing at a compound annual growth rate (CAGR) of 34.8%, this number is expected to reach 30.0 million by 2021.
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