Astute Analytica’s report on the global Automotive Telematics Market foresees exponential growth in terms of revenue and growth rate. The Automotive Telematics Market is projected to grow from US$ 42,620.2 million in 2021 to US$ 1,23,487.5 million by 2027...

In 2030, it is anticipated that the worldwide automotive telematics market would generate $149.9 billion in profits. The market had a value of $27.7 billion in 2019; it is anticipated to grow significantly with a CAGR of 16.6% from 2020 to 2030.

Automotive telematics deals with the incorporation of telecommunication, data processing and vehicular technology in automobiles. Market Research Future (MRFR) has published a report stating that the global telematics in automotive market is marked to exp...

Automotive telematics Market

Automotive Telematics Market is estimated to be US$ 217.65 billion by 2030 with a CAGR of 18.3% during the forecast period

The Global Automotive Telematics Market size is projected to reach at US$ 441.5 billion by 2030 and is expected to witness approximately CAGR Of 21.3% from 2022 to 2030.

Vehicle Telematics is defined as the tools and the technologies that are used to monitor a vehicle effectively.