Global Commercial Telematics Market – Industry Analysis and Forecast (2020-2027)
Global Commercial Telematics Market was valued at US$ 1.5Bn in 2019 and is expected to reach US$ 8.6Bn by 2027, at a CAGR of 24.39% during a forecast period.
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The potential of telematics is helping into commercial vehicle fleets to cut costs and operate more efficiently. Companies are deploying telematics solutions to improve the operation of commercial vehicle fleets with more efficiently.