Market Research Future - Premium Research Reports Telematics Market Synopsis & Forecast to 2027

Telematics Market Synopsis, Industry News, Major Companies Analysis and Forecast to 2027 Market Scenario The major growth driver of Telematics Market includes growing demand for wireless connectivity in automotive sector, and government initiatives for public safety on roads among others. Hence the market for Telematics is expected to grow at XX% CAGR (2016-2027). However, high cost of equipment is one of the major factors which are hindering the growth of Telematics Market. Request a Sample Report @ Segments Global Telematics Market can be segmented as follows:    Segmentation by Technology: Embedded, Portable and Hybrid among others. Segmentation by Services: Navigation, Diagnostic, On-Demand Infotainment and Maintenance and Security among others. Segmentation by Application: Commercial, Automotive, IT, Insurance, Telecommunication, Healthcare and Government among others. Industry News:   Trimble has announced in August 2016 about its acquisition of AXIO-NET from airbus defence and space. AXIO-NET is a provider of global navigation satellite systems in Germany, U.K., and Benelux. Tom-Tom telematics has launched cloud based service “Web fleet” for Salesforce. The service would provide easier platform for sales staff to use CRM system for their operations. Tel: +1-646-845-9349