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Commercial Vehicle Telematics Market expected to reach USD 41.29 Billion by 2026

Commercial Vehicle Telematics Market expected to reach USD 41.29 Billion by 2026
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Commercial Vehicle Telematics Market expected to reach USD 41.29 Billion by 2026

Commercial Vehicle Telematics Market expected to reach USD 41.29 Billion by 2026
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Worldwide Commercial Telematics Industry to 2026 - Players Include Bridgestone, General Motors and Octo Telematics Among Others

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The global commercial telematics market reached a value of US$ 40.3 Billion in 2020. Commercial telematics refers to the technological solution used for long-distance transmission of information in commercial automobiles. It is used for monitoring the location and movement of vehicles through global positioning systems (GPS) and on-board diagnostic systems to track vehicle diagnostics. It is also used for monitoring trailers and non-motorized assets and alerting the fleet manager in case of any unauthorized movement. Apart from this, commercial telematics also offers insurance risk assessment, maintenance insights and safety tracking. Insurance providers use this technology to monitor driver behavior that enables them to determine risk factors and adjust insurance policies accordingly. ....

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European Automotive Telematics Market to Cross $37,249.8 Million Revenue by 2030: P&S Intelligence

European Automotive Telematics Market to Cross $37,249.8 Million Revenue by 2030: P&S Intelligence
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