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Europe to Top Telematics & New Value for Cellular Carriers

telematicsPyramid Research found that Europe will become the largest market in 2016, overtaking the US.

The study found Telematics is one of the most dynamic and fastest growing segments of the cellular machine-to-machine market. The total number of telematics M2M SIMsĀ  reached 37m in 2013, representing about 4% of all passenger cars.

Pyramid estimates, M2M SIMs in passenger cars will grow to 12% by 2018, with telematics M2M SIMs contributing more than 20% of all M2M SIMs.