Home › News Updates › Intelligent Mechatronic Systems Cites MnM as their Key Reference for Commercial Vehicle Telematics Market
MarketsandMarkets was cited by Intelligent Mechatronic Systems as a major source for key insights on the global commercial vehicle telematics market.
Automotive manufacturers across the globe are now focusing mainly on developing telematics and implementing it into the vehicles for enhanced connectivity solutions to monitor and track vehicles in a better way. The global commercial vehicle telematics market is expected to be valued at USD 18.43 Billion by 2022, growing at a CAGR of 20.3% from 2017 to 2022, mainly owing to the increased government mandate for deploying vehicle tracking in commercial vehicles and growing demand for smartphones worldwide.
For More Details:
Report mentioned in the above news is,
Commercial Vehicle Telematics Market by Solution (Fleet Tracking and Monitoring, Driver Management, Insurance Telematics, Safety and Compliance, and V2X Solutions), Service, Provider Type, Vertical, and Region - Global Forecast to 2022
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