"After decades as a niche feature, telematics is merging into the automotive mainstream," says The McKinsey Center for Future Mobility. (iStock)

Telematics is finally gaining significant acceleration in the global automotive industry. Consider that the global vehicle telematics market is currently projected to reach nearly $56 billion by 2022, according to ResearchAndMarkets.com.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.