World Market for Video Telematics: Installed Base of Active Video Telematics Systems in North America Reached Almost 1.6 Million Units in 2019
MiX Telematics Limited American Depositary Shares, each representing 25 Ordinary Shares (MIXT)
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Source: PR Newswire
DUBLIN, May 1, 2020 /PRNewswire/ -- The "The Video Telematics Market" report has been added to ResearchAndMarkets.com's offering. The Market is a comprehensive report analysing the latest developments on the market for video telematics solutions. The integration of cameras to enable various video-based solutions in commercial vehicle environments is one of the most apparent trends in the fleet telematics sector. The definition of video telematics includes a broad range of camera-based solutions deployed in commercial vehicle fleets either as standalone applications or as a subset or extension of conventional fleet telematics. It is estimated that the installed base of active video telematics systems in North America reached almost 1.6 million units in 2019. Growing at a compound annual growth rate (CAGR) of 15.7 percent, the active installed base is forecasted to reach more than 3.2 million units in North America by 2024. In Europe, the installed base of active video telematics system
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