Tag: Telematics

Smartphone penetration and Supportive Government Regulations Boosting Telematics Market Growth

Smartphone penetration and Supportive Government Regulations Boosting Telematics Market Growth

Business, Governance, Mobile
The significant penetration of smartphones, lowered connectivity costs, high speed internet technologies and supportive government regulations is driving the growth of the global consumer telematics market. This is according to a new Consumer Telematics Market – Growth, Trends, Forecast, Demand, Outlook Upto 2024 report by Transparency market research. The reports, also notes that the growing demand of big data analytics and related services is also an important factor influencing the growth of the market.  Moreover, proliferation of cloud-based services in order to deliver personalized experience to the end-user is also expected to positively impact the market’s demand. Telematics is the subdivision of information technology that consolidates computers and wireless telecommunica