Telematics

Passenger Vehicle Telematics Market to grow by USD 24.78 billion from 2022 to 2027, OEM push for embedded telematics systems in BRIC nations to boost the growth - Technavio

Retrieved on: 
Monday, February 5, 2024

NEW YORK, Feb. 5, 2024 /PRNewswire/ -- The passenger vehicle telematics market is estimated to grow by USD 24.78 billion from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Feb. 5, 2024 /PRNewswire/ -- The passenger vehicle telematics market is estimated to grow by USD 24.78 billion from 2022 to 2027, according to Technavio.
  • Europe and North America lead the embedded passenger vehicle telematics market due to their reliable connectivity.
  • Emerging countries like Brazil, Russia, India, and China show rising interest in navigation and infotainment, fostering collaboration between OEMs and telematics providers.
  • India's growing middle class and urbanization also drive demand for in-vehicle entertainment and information systems, now extending beyond premium cars.

Ecolab Selects Ford Pro™ to Accelerate North American EV Fleet With Ford F-150 Lightning and Mustang Mach-E, Set to Reach 100% EV in California by 2025

Retrieved on: 
Tuesday, January 30, 2024

Electrification of Ecolab’s North American fleet begins in California with the conversion of its sales and service vehicles to EVs by 2025.

Key Points: 
  • Electrification of Ecolab’s North American fleet begins in California with the conversion of its sales and service vehicles to EVs by 2025.
  • Ford Pro offers a full suite of charging and telematics software that Ecolab will use to help the business maximize vehicle performance and fleet productivity.
  • “Ford and Ecolab have worked closely for almost 100 years, from water conservation at Ford now to electrification at Ecolab,” said Ted Cannis, Ford Pro CEO.
  • Today, Ecolab operates more than 10,000 light-duty vehicles in its North American fleet, 95% of which are Ford vehicles.

Cellphone Use Is Biggest Cause of Distracted Driving, Triple-I Report Finds

Retrieved on: 
Monday, January 22, 2024

“As drivers returned to the roads following the pandemic, distracted driving surged, causing higher rates of accidents, injuries, and deaths.

Key Points: 
  • “As drivers returned to the roads following the pandemic, distracted driving surged, causing higher rates of accidents, injuries, and deaths.
  • This high-risk behavior has worsened in the years since, having huge implications for the insurance industry and their policyholders,” stated Dale Porfilio, chief insurance officer, Triple-I.
  • Triple-I’s just-released report, Distracted Driving: State of the Risk, examines the effects of distracted driving and how it is contributing to more hazardous roadways and a higher combined ratio for personal auto insurers.
  • Cellphone use–which includes dialing, texting, and browsing–were among the most prevalent and highest-risk behaviors found in governmental and private sector studies, Triple-I’s report explained.

Commercial Vehicle Telematics Market worth $10.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 19, 2024

Telematics solutions offer enhanced route optimization, real-time tracking, and efficient fuel management, addressing the critical need for cost-effective and timely deliveries.

Key Points: 
  • Telematics solutions offer enhanced route optimization, real-time tracking, and efficient fuel management, addressing the critical need for cost-effective and timely deliveries.
  • Regulatory mandates emphasizing safety and compliance further drive the adoption of telematics systems in LCVs, ensuring adherence to stringent standards.
  • The Asia Pacific region leads as the fastest-growing segment in the commercial vehicle telematics market, fueled by factors such as rapid urbanization, burgeoning e-commerce activities, and an increasing emphasis on supply chain efficiency.
  • Commercial Vehicle Telematics Market Advantages:
    Fleet efficiency can be increased by using telematics to manage fuel use, optimize routes, and track in real time.

Commercial Vehicle Telematics Market worth $10.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 19, 2024

Telematics solutions offer enhanced route optimization, real-time tracking, and efficient fuel management, addressing the critical need for cost-effective and timely deliveries.

Key Points: 
  • Telematics solutions offer enhanced route optimization, real-time tracking, and efficient fuel management, addressing the critical need for cost-effective and timely deliveries.
  • Regulatory mandates emphasizing safety and compliance further drive the adoption of telematics systems in LCVs, ensuring adherence to stringent standards.
  • The Asia Pacific region leads as the fastest-growing segment in the commercial vehicle telematics market, fueled by factors such as rapid urbanization, burgeoning e-commerce activities, and an increasing emphasis on supply chain efficiency.
  • Commercial Vehicle Telematics Market Advantages:
    Fleet efficiency can be increased by using telematics to manage fuel use, optimize routes, and track in real time.

Global Automotive Embedded Telematics Market Analysis Report 2023-2030, with Competitor Profiles for TomTom, MiX Telematics, Continental, BMW, Verizon and Hyundai

Retrieved on: 
Friday, January 12, 2024

DUBLIN, Jan. 11, 2024 /PRNewswire/ -- The "Global Automotive Embedded Telematics Market Size, Share & Trends Analysis Report by Solution, Component (Hardware, Services, Connectivity), Application, Region, and Segment Forecasts, 2023-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 11, 2024 /PRNewswire/ -- The "Global Automotive Embedded Telematics Market Size, Share & Trends Analysis Report by Solution, Component (Hardware, Services, Connectivity), Application, Region, and Segment Forecasts, 2023-2030" report has been added to ResearchAndMarkets.com's offering.
  • The global automotive embedded telematics market size is expected to reach USD 58.36 billion by 2030.
  • Based on solution, the global automotive embedded telematics market is segmented into safety & security, information & navigation, entertainment, and remote diagnostics.
  • Automotive Embedded Telematics Market: Solution Movement & Market Share Analysis, 2022 & 2030

Wiliot Showcases the Future of Retail, Running on Ambient IoT, at NRF 2024

Retrieved on: 
Thursday, January 11, 2024

NEW YORK, Jan. 11, 2024 /PRNewswire/ -- Wiliot, the Internet of Things pioneer whose IoT platform is enabling trillions of "things" to gain intelligence, is bringing its industry-changing visibility technology to NRF 2024. Attendees can see first-hand that retail running on ambient IoT is possible today and experience the real-time supply chain visibility it enables for retailers, manufacturers, distributors — even consumers. Wiliot will showcase real-world applications of its ambient IoT Visibility Platform at NRF booth 6757.

Key Points: 
  • NEW YORK, Jan. 11, 2024 /PRNewswire/ -- Wiliot, the Internet of Things pioneer whose IoT platform is enabling trillions of "things" to gain intelligence, is bringing its industry-changing visibility technology to NRF 2024.
  • Wiliot will showcase real-world applications of its ambient IoT Visibility Platform at NRF booth 6757.
  • Wiliot's NRF demonstrations will showcase three critical uses that are now scalable thanks to ambient IoT:
    Real-time monitoring of items in transit.
  • "This is the hockey-stick moment for ambient IoT and the breadth of ambient IoT applications shows the depth of our innovation," Zeiler concluded.

Connected Logistics Market size to increase by USD 62.29 billion during 2023-2027, Effective management of temperature-sensitive products to drive the growth - Technavio

Retrieved on: 
Monday, January 8, 2024

NEW YORK , Jan. 8, 2024 /PRNewswire/ -- The connected logistics market size is expected to grow by USD 62.29 billion between 2022 and 2027.

Key Points: 
  • NEW YORK , Jan. 8, 2024 /PRNewswire/ -- The connected logistics market size is expected to grow by USD 62.29 billion between 2022 and 2027.
  • Effective management of temperature-sensitive products is a key factor driving market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • Driver - The growth of the Connected Logistics Market is driven by diverse factors including Effective management of temperature-sensitive products.

Europe Fleet Management Report - The Installed Base of FM Systems to Reach 26.5 Million Units by 2027 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 27, 2023

The report forecasts that the number of fleet management systems in active use in the region is forecasted to grow at a CAGR of 12.4 percent from 14.8 million units at the end of 2022 to 26.5 million by 2027.

Key Points: 
  • The report forecasts that the number of fleet management systems in active use in the region is forecasted to grow at a CAGR of 12.4 percent from 14.8 million units at the end of 2022 to 26.5 million by 2027.
  • The European fleet management market has entered a growth period that will last for several years to come.
  • The number of fleet management systems in active use is forecasted to grow at a compound annual growth rate of 12.4 percent from 14.8 million units at the end of 2022 to 26.5 million by 2027.
  • What impact will standard factory installed FM systems from the OEMs have on the market?

Geotab® wins Telematics Award at What Van? Awards 2024

Retrieved on: 
Tuesday, December 19, 2023

LONDON, Dec. 19, 2023 /PRNewswire/ -- Geotab Inc. ("Geotab"), a global leader in connected transportation solutions, has been recognised at this year's What Van? Awards, winning the Telematics category for its powerful telematics solutions for fleets for the second consecutive year, notably those comprising vans and Light Commercial Vehicles (LCVs).

Key Points: 
  • Awards, winning the Telematics category for its powerful telematics solutions for fleets for the second consecutive year, notably those comprising vans and Light Commercial Vehicles (LCVs).
  • At its core, MyGeotab reports essential reactive and proactive telematics insights such as vehicle usage, locations, energy efficiency, and driver safety.
  • Geotab Marketplace offers fleets endless possibilities to customise their telematics to fit their needs by integrating with third parties.
  • Awards this year for our continued focus to deliver the world's best telematics offering to our fleet customers," said David Savage, Vice President, UK & Ireland, Geotab.