* Texas - Affordable trucking telematics sparks interest among fleets
-- North America and Europe will continue to lead in terms of commercial vehicle (CV) telematics adoption, but will focus more on advanced solutions such as video surveillance... Positive telematics adoption trends will also be seen in India, China and South Africa, where the CV market has been growing. Similarly, the Latin American and Turkish markets will benefit from their proximity to North America and Europe, respectively... New analysis from Frost & Sullivan, Strategic Outlook of Global Commercial Vehicle Telematics Market in 2015, finds that the installed base of CV telematics stood at 14.7 million in 2014 and estimates this to reach 37.9 million by 2020... The study covers segments of light, medium and heavy commercial vehicles. Light CVs contributed to nearly 60 percent of the telematics installed base last year, even though medium- and heavy-duty CVs were the prime revenue-generating segments in countries like India and China...
San Antonio, TXS, USA - Trucking News - May 6, 2015Labels: techno trucks, telematics
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