Automotive Teleinformatic System Market To Witness Exponential Growth By 2019 - 2027
Automotive Teleinformatic System Market : Introduction Teleinformatic devices are used in vehicles to monitor and record vehicle travel data by utilization of the GPS navigation system and on-board diagnostics system in order to detect the exact location of vehicles. These devices also gather data about the driver, such as acceleration, speed, and routes taken while driving. This data can be used by an insurance company to settle an insurance claim in case of accidental damage to the vehicle. A fleet management service provider can track the live location of vehicles and analyze the driving behavior of the vehicle driver in order to ensure safety of both passenger and vehicle. Teleinformatic devices are either provided by automakers or can be installed from an aftermarket distributor or outlet Key drivers of global automotive teleinformatic system market Rising demand for fleet management services is likely to boost the global teleinformatic system market. The fleet management sy...