GCC Connected Trucks Telematics Market Report 2020: Issues and Challenges Faced by Telematics Vendors and OEMs in the market
Share this article Share this article ResearchAndMarkets.com's offering. The connected trucks telematics market in the Gulf Cooperation Council (GCC) region is poised for slow growth due to perilous economic conditions. The market - in an economy hit by the double impact of the ongoing Coronavirus 2019 (COVID-19) pandemic and the slump in oil prices - is dominated by local aftermarket participants, while OEM suppliers are trying to catch up. Telematics technology by itself is expected to grow only gradually as the awareness about vehicle tracking and monitoring of various user-based paramet...