April 2025
The telematics in fleet management market size is poised for significant growth from 2025 to 2034, driven by the increasing demand for real-time tracking, enhanced fuel efficiency, regulatory compliance, and cost optimization in logistics and transportation.
The telematics in fleet management market is a prominent sector of the automotive industry. This industry deals in advanced solutions for managing and tracking fleet-related vehicles. There are various components of fleet telematics consisting of hardware, software and services. The telematics in fleet management are used for several applications such as vehicle tracking, fleet management, telematics insurance, remote diagnostics and driver behavior monitoring. It uses different technologies comprising of GSM, GPS, satellite, Bluetooth and Wi-Fi. The growing demand for fleet telematics solutions from construction and trucking sector has contributed to the industrial expansion. This market is likely to rise significantly with the growth of the software industry across the world.
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In March 2024, Alberto Falcione, Vice President for Sales of Targa Telematics made an announcement stating that, “Viasat Fleet Start and Advanced are the result of the integration of Viasat solutions into the Targa Telematics technology platform, This integration, accomplished in less than a year after the acquisition, was made possible by the harmony and synergy between the sales and Go to Market teams, who have worked together to provide a highly innovative solution. On the one hand, we have benefited from the expertise in the logistics and transportation sectors. On the other hand, technological innovation has been constantly driven by an ongoing commitment to R&D, allowing us to enrich Viasat solutions with new features”.
The telematics in fleet management market is a fragmented industry with the presence of several dominant players. Some of the crucial players in this industry consists of Verizon Connect, Trimble, Teletrac, Geotab, SmartDrive Systems, Lytx, Omnicomm, Samsara, Teletrac Navman, Fleet Complete, AT and T Fleet Management Solutions and some others. These market players are continuously engaged in research and development of telematics solutions for managing fleets around the world.
April 2025
April 2025
April 2025
April 2025
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