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Stock impact report

Automotive Telematics Market to Exceed USD 34.52 billion by 2031 | According to Transparency Market Research Analysis [Yahoo! Finance]

Inseego Corp. (INSG) 
Last inseego corp. earnings: 3/11 04:23 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.inseego.com/investor-relations
Company Research Source: Yahoo! Finance
Wilmington, Delaware, United States, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The automotive telematics market was worth US$ 8.1 billion in 2021. A CAGR of 15.6% is projected for the industry between 2022 and 2031. A US$ 34.52 billion market is predicted for automotive telematics by 2031. Telematics in commercial vehicles have become more common as a result of the increased demand for effective fleet management. Fleet operators use telematics to optimize route planning, track fuel use, manage maintenance schedules, and monitor vehicle locations. Thus, fleet managers can manage their fleets more efficiently, lower fuel costs, and improve operational efficiency. Telematics integration in the logistics and transportation industries has led to substantial growth in the market for vehicle telematics. As the automotive industry moves towards autonomous vehicles, telematics will be crucial to supporting and advancing them. Smart infrastructure and connected Show less Read more
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