Video Telematics Market Trends, Analysis & Growth | 2022-27

 

Market Overview:

Over the forecast period from 2022 to 2027, the Global Video Telematics Market is anticipated to grow at a CAGR of 18.5%. Rapid market demand for autonomous, connected, electric, and shared driving is disrupting the global automotive industry and bringing about an unheard-of level of technological and organisational change. Furthermore, the COVID crisis is putting additional strain on the sector due to supply and manufacturing disruptions, which are then followed by a surge in demand and uncertainty about the timing of recovery.

Cloud-connected AI dash cameras are becoming more common, combining the advantages of conventional dash cams with real-time monitoring and fleet management input via 4G internet and GPS data. Modern technology is creating new opportunities for improving operational effectiveness. For example, CAN Bus data offers valuable information to aid in enhancing routing and efficiency, reducing fuel costs while enhancing service.

Scope of the Report:

A video camera system called video telematics combines vehicle analytics with video surveillance. It is made up of numerous linked, high-resolution cameras with specialised sensors.

The study examines both integrated and standalone systems and examines the use of video telematics in significant applications like buses and large trucks. The study considers the effect of COVID-19 on the market for video telematics as well as demand across various regions.

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