Consumer Vehicle Telematics: A Paradigm Shift in Transport & Logistics
All about Consumer Vehicle Telematics Consumer vehicle telematics is the technology and services meant for easy transmission of communication within passenger cars in real time. These services include in-car consumer services, GPS navigation, traffic, local search (e.g. gas stations, restaurants) and concierge services. The growth in the telematics marketplace is driven by the growing number of vehicle safety and security regulatory requirements. Telematics is a new automobile communication technology industry that combines wireless audio and visual data that offer safety, information, productivity, and entertainment services to drivers and passengers in a specific location. Global Consumer Vehicle Telematics Market (2018-2024) Why deploy Consumer Vehicle Telematics? Increased use of mobile communications has provided insurers with the means to build a mutually beneficial relationship with policyholders. This has been more evident in the automotive insurance sector, w...