The automotive telematics market is projected to grow...
The automotive telematics market is projected to grow to $45 billion by 2019, a MarketsandMarkets report found. Telematics, the technology that transfers data between vehicles or devices through wireless networks, has the potential to convert vehicles “from just a simple…
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mode of transportation to moving information stations,” said the report, released Friday (http://bit.ly/1mvOd5C). Demand for connected vehicles is driven by developments like collision warnings or remote maintenance “that provide safety and comfort to the driver and passengers,” it said. Telematics services are divided into the four major types of safety, information and navigation, entertainment and remote diagnostics, MarketsandMarkets said.