Global Automotive Telematics Market Expected to Reach $320.60 Billion by 2026 - ResearchAndMarkets.com
MiX Telematics Limited American Depositary Shares, each representing 25 Ordinary Shares (MIXT)
Last mix telematics limited american depositary shares, each representing 25 ordinary shares earnings: 1/30 06:00 am
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Source: Business Wire
DUBLIN--(BUSINESS WIRE)--The "Automotive Telematics Market by Channel, Vehicle Type, Application, and Connectivity Solution: Global Opportunity Analysis and Industry Forecast, 2019-2026" report has been added to ResearchAndMarkets.com's offering.According to this report, the global automotive telematics market size was valued at $50.40 billion in 2018, and is projected to reach $320.60 billion by 2026, registering a CAGR of 26.8% from 2019 to 2026.In automotive technology, satellite-based positioning technologies are used to connect telematics solutions via wireless connectivity that enables audio or visual data and drivers to various in-vehicle telematics applications. The automotive telematics market has witnessed a significant growth over the years, owing to an increase in trend of connectivity solutions worldwide.A telematics system offers multiple features such as driver's emergencies such as roadside assistance, airbag, navigation, vehicle security notification, stolen vehic
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