Food Logistics (2023-03-10)
In a 2022 study, ABI Research forecasted that telematics subscriptions are set to increase 86% between 2022 to 2025. Additionally, they found that by 2027, global telematics subscriptions could reach 126 million. These numbers show exponential growth in the use of telematics in the coming years.
“Continued global disruption related to the COVID-19 pandemic, global supply chain uncertainties, port congestions and other events have highlighted the need for full end-to-end supply chain visibility. We will continue to see rising telematics adoption in commercial fleets over the next five years and beyond,” says Alex McQueen, research analyst, supply chain management and logistics, at ABI Research.