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The phenomenon of telematics – wireless technology that lets cars connect and communicate with enterprise applications – has attracted attention among insurance carriers worldwide over the past couple of years. According to a research report from Berg Insight, shipments of OEM embedded telematics systems worldwide are forecasted to grow from 8.4 million units in 2013 to 54.5 million units in 2020. Additionally, the number of cars sold worldwide equipped with handset-based telematics capabilities will grow from 7.0 million in 2013 to 68.5 million in 2020.

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