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“Commercial Telematics Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2020-2027” LOS ANGELES, July 05, 2021 (GLOBE NEWSWIRE) The Global Commercial Telematics Market is expected to grow at a CAGR of around 14.0% from 2020 to 2027 and reach the market value of over US$ 106.5 Bn by 2027. North America dominates the commercial telematics market; Asia Pacific to register fastest growing CAGR in the forecast period Commercial vehicle telematics market in North America is highly competitive due to the presence of numerous players is one of the prominent factors that foster the growth of global commercial telematics market. The market expansion can be attributed to the increase in the integration of smart phones or tablets with automobiles to improve the driving experience. Furthermore, the market’s growth has been aided by the cumulative collaboration of the commercial vehicle telematics market with the automobile insurance industry.

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