Insights on the Global Fleet Telematics Systems Market 2020-2024: COVID-19 Analysis, Drivers, Restraints, Opportunities, and Threats - Technavio
The demand for aftermarket fleet telematics systems from fleet operators is a major factor driving market growth.
- The demand for aftermarket fleet telematics systems from fleet operators is a major factor driving market growth.
- Fleet telematics systems market share growth by the aftermarket fleet telematics systems segment will be slower than the growth of the market by the OEM fleet telematics systems segment.
- North America was the largest market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period.
- It also has a strong presence of road freight transportation, which contributes to its dominant position in the global fleet telematics systems market.