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Innovative Cloud-based SaaS Business Models Drive Growth.

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INTERNET BUSINESS NEWS-(C)1995-2021 M2 COMMUNICATIONS

The "The Innovative Cloud-based SaaS Business Models are Driving GCC Connected Truck Telematics Market Growth" report has been added to ResearchAndMarkets.com's offering, the company said.

This report focuses on the top 10 telematics service providers (TSPs) in the GCC region - these are leaders on the Growth and the Innovation axes and are striving to better themselves.

The connected truck telematics market in the Gulf Cooperation Council (GCC) region is poised for slow growth due to the current perilous economic conditions. As awareness of telematics increases among the user community, especially for vehicle tracking and the monitoring of various user-based parameters, the technology will witness gradual acceptance in the region. The market is dominated by local aftermarket participants, and OEM suppliers are trying to catch up amidst the ongoing COVID-19 healthcare crisis and the poor economic climate.

Technological advancements, including real-time tracking, video safety systems, and advanced driver-assistance systems (ADAS), are changing the current driving experience, and the penetration of such features in mid-and...

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