Technological advancements such as GPS navigation, wireless driver assistance system, integrated hands-free telephones have increased the level of safety in automotive & transportation industry. The usage of the device in aerospace called ‘black box’ transmits data back to the organization to assist in solving emergency issues. The study on telematics in automotive & transportation industry aids businesses to gain an in-depth understanding of current and future market trends. It also provides an extensive analysis of factors that drive and restrain the growth of the industry. The report explores opportunities, development trends, and detailed segmentation of the industry. Recent news and new findings of industry are covered in the study. Significant market data has been discussed in the research to help stakeholders to formulate various strategies to gain a stronghold in the market.
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