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Commercial Telematics System Revenue by Segment

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SOURCE RESEARCH

Connected Commercial Vehicles

Market Data | 4Q 2024 | MD-COMT-127

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Growing at a CAGR of 10.9%, annual revenue for commercial telematics systems is expected to increase from US$24.92 billion in 2024 to more than US$57 million by 2032. Fleet management - non-trucking use cases account for 72% of the total revenue share.

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