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Advanced Video Telematics, Standardized Factory Fitment of Telematics Devices by OEMs, and Driver-centric Services to Galvanize Global Connected Medium & Heavy Commercial Vehicles Market

Frost & Sullivan

With the number of M&HCVs forecast to nearly double by the end of 2028, the associated telematics market is also set to expand from an installed base of 15.8 million in 2028. As competition heats up, mergers & acquisitions and partnership strategies will become common. million in 2023 to around 26.7