Trailers are the Next Battleground for Telematics and Connected Solutions

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By Susan Beardslee | 3Q 2021 | IN-6276

 

The Next Growth Opportunity

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Telematics solutions have been deployed in fleets for years, long before there were mandates in the US, Canada, and Europe for long-haul trucks to be fitted with Electronic Logging Devices (ELDs). These telematics solutions have primarily been in-cab solutions, but over the last two years, it is shifting towards greater adoption of trailer telematics. The functionality for trailers has progressed from merely location tracking or tampering to enabling health status tracking, including tire pressure and lights, cargo monitoring, interior temperature/vibration monitoring, and identification of packages to pick and deliver. ABI Research projects that global trailer telematics subscriptions to nearly double from 4.3 million in 2020 to 8.5 million in 2026.

Industry Competition Heats Up for Share of Wallet, New Solutions

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