New Delhi: According to a recent report, “India Telematics Market (2013-2018)”, from 6Wresearch, the Indian telematics market is expected to reach $113.7 million by 2018, growing at a CAGR of 22.8% from 2013-2018.
Telematics has become one of the fastest emerging markets, especially when we commonly see increasing number of vehicle accidents, rising number of vehicle thefts, demand for navigation services, etc. Though, India telematics market is in the nascent stage, but, it offers high growth opportunities to the market vendors.
The report provides the unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which will help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights of the report:
• Global Telematics market Overview
• India Telematics market:
o By Applications (Revenue & Shipments):
• Vehicle tracking & Fleet management
o By Fit (Revenue & Shipments):