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Telematics is a communication technology used in the automobile sector that relies on data produced by the vehicle and flows across a wireless network to a vehicle. The integration of location-based services, wireless communications, and car electronics is what is propelling the automotive sector into the information era.
The back office system either receives the data from the vehicle unit and sends it to it, or the vehicle unit receives data from the back office system, such as maps, weather forecasts, inventory updates, internet data packets, etc.
Mobile phones or a device installed on the car are used for this communication. A system of satellites and cell towers is used for vehicle communication and location mapping. The use of telematics in the automotive sector is not new.
The introduction of smartphones and subsequent consumer demand for instant, always-on connections reactivated telematics and made it a viable rival in the automobile business.
The majority of telematics systems in use today link to vehicles via cell phones and access business information like media, banking, and insurance. The telematics phenomena is being driven by these factors taken together. Due to a spike in demand, OEM telematics sales are anticipated to increase.
In Russia, the implementation of telematics is primarily driven by the government. Numerous government initiatives aid in hastening the adoption of telematics solutions into everyday life, not just for private car owners but also for businesses and public transportation.
The launch of the ERA GLONASS system is the most significant telematics endeavour that will affect all automobiles. It seeks to lessen accident fatalities, the severity of their effects, and the incidence of permanent impairment. It is comparable to the eCall system in Europe.
The Russia EV Telematics Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
