Telematics Services Market Estimated to Accumulate More Than (Revenues) by 2024
Telematics is the branch of science that deals with the long distance communication of computerized information. It is the blending of telecommunication and informatics for achieving effective and secured communication. This tremendous growth in telematics services is expected to be the outcome of growing demand for electric vehicles. Telematics market is also witnessing increasing demand due to introduction of cloud based offerings in vehicle telematics. However, decrease in the cost of telematics equipments is the major challenge currently faced by...
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