As in most emerging sectors, the telematics ecosystem has seen profound growth in recent times. According to a report from P&S Market Research team, global telematics market is expected to grow at 28.5 percent CAGR during the fiscal period 2016 – 2022. This growth is being driven by several factors such as incorporation of front-end technologies in vehicles; increasing demand for accident-free passenger cars and vehicles with end-to-end connectivity. The real time monitoring is done through a combination of a GPS receiver and an electronic device installed in the vehicles.
As the technology development has mounted to new peaks, the demand for connectivity has also grown everywhere. Vehicle telematics, trailer tracking, and container tracking are the most widely used applications of telematics. These applications abet the automobile manufacturers to improve vehicles performance and reduce the downtime in fleet management.
With multiple case benefits, the demand and supply for telematics have been on the rise. However, cyber threats and hackers pose a significant threat to this booming industry. Overall, the growth in the telematics sphere has brought a dimension in fleet management and tracking of vehicles. These developments bring forth enormous benefits and agility in managing fleet, yet many SMEs still find it difficult to leverage telematics services.
To assist CIOs maneuver in the right direction while adopting telematics services, a distinguished panel of CEOs, CIOs, VCs, and analysts along with the CIO Applications’ editorial board has selected the leading telematics solution providers. The companies featured in this edition demonstrate an ability to develop innovative technologies combined with outstanding customer service.
We present to you Top 25 Telematics Solution Providers 2017.
