The Telematics Market was valued at USD 129.16 million in 2024 and is projected to grow significantly, reaching USD 564.04 million by 2035. The market is expected to expand at a robust compound annual growth rate (CAGR) of 14.5% between
For the transportation and automotive sector, AI-driven telematics will enable more efficient fleet management, improve safety through driver monitoring and assistance systems, and facilitate the development of autonomous vehicles. In logistics and supply chain, AI will optimize routing and delivery schedules, enhance warehouse management through real-time tracking and inventory optimization, and provide better supply chain visibility to reduce disruptions and improve overall efficiency.
Businesses in transportation and logistics can leverage AI-powered telematics to optimize routing, predict vehicle maintenance needs, improve driver safety through real-time monitoring and feedback, and automate aspects of supply chain management. This enhances efficiency, reduces costs, and improves overall operational performance by leveraging intelligent data analysis.