Healthy growth for aftermarket car telematics devices, says berginsight ~
According to a new research report from the IoT analyst firm Berg Insight, the number of active aftermarket car telematics units will grow at a compound annual growth rate of 11,7% from 92,2-million at the end of 2022 to 160,7-million worldwide at the end of 2027.
Vehicle diagnostics allow service providers such as dealers and workshops to improve service offerings to car owners. Dealers and finance companies can moreover leverage telematics for internal fleet management and manage the customer lifetime value. Aftermarket car telematics services are offered by a wide range of players. ”
Aftermarket services targeting a specific customer group can furthermore gain an advantage in specialisation compared to OEM telematics services that are developed for a wide range of use cases. Dealers is an example of a customer group that aftermarket service providers serve successfully as the telematics offering can be adjusted to fit their business needs.
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