Fleet Telematics Market is estimated to be US$ 44.68 billion by 2030 with a CAGR of 19.8% during the forecast period prophecymarketinsights.com

During the projected period, APAC is expected to grow at the fastest rate. The automotive industry is undergoing a massive transformation as a result of the introduction of electric vehicle and autonomous vehicle technology, which has resulted in the development of new areas such as Advanced Driver Assistance Systems (ADAS), Mobility-as-a-Service providers (MaaS), and CASE, as well as the entry of new industries utilising IoT technology and the emergence of new services such as ride-sharing and car-sharing. All of these applications necessitate quick data transfer, analysis, and deployment. All of these reasons are propelling the Asia Pacific telematics industry forward.