Telematics News

Recent industry report about Telematics company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Telematics Market industry experts.

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Telematics News

  • March 2022 - Phillips Connect made several announcements to support fleets and drivers in utilizing smarter trailers. Among these were new intelligent nose box gateways, backup cameras, and a collaboration with Utility to launch the Utility Connect trailer telematics system, which shows the market's growth potential.
  • February 2022 - LG received an order from a classified Premium European finished car manufacturing company for implementing connected car telematics. According to the deal, LG will focus on delivering vehicle-to-everything (V2X) systems-compliant hardware and software for cutting-edge 5G network integration. LG will also offer Dual Sim Dual Active (DSDA) technology for connected cars and autonomous driving features, taking its steps forward into the Society of Autonomous Engineers (SEA's) Level 4 Autonomous driving technology sometime soon in the future.
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  • January 2024: The Iranian government launched an innovative glass smart greenhouse in Zanjan province, which is one of the largest in the country. The glass greenhouse spans over 30 ha and includes 7 ha of tunnels. The glass greenhouse primarily grows bell peppers, but there are plans to expand into cherry tomatoes and strawberries soon.
  • October 2023: Netafim (Orbia’s Precision Agriculture business) partnered with Vermillion Growers to construct Manitoba, Canada’s extensive vegetable greenhouse. Netafim, the corporation’s division specializing in commercial greenhouse projects, provides Controlled Environment Agriculture (CEA).
  • April 2023 - Apple has been awarded a patent (US 11,619,991 B2) for software that would give its HomePod digital assistant the ability to understand a recognized person’s voiced instruction and facial signals as a single command. Simultaneously, Aqara, a new startup introduced its video doorbell, which has facial recognition and can disguise a home occupant’s voice when conversing remotely with someone at the door.
  • December 2022 - Alarm.com has released Smart Arming, a new feature that intelligently arms and disarms Alarm.com powered home security systems based on user activity. Users select the time of day they generally want their system armed at night (e.g., after 11 p.m.), disarmed in the morning (e.g., at 7 a.m.), and then go about their regular routines.
  • July 2023 : The Sony announced the truly wireless earbuds, the WF-1000XM5. The new model reduces external noise from low to medium frequencies over a large range, thus offering the best noise cancellation
  • April 2023: Apple announced the successful procurement of a patent from the U.S. Patent & Trademark Office for an AirPods touchscreen case. Apple provided numerous rough diagrams presenting the functionality of an interactive user interface on the case, including providing notifications, playing music, assisting with navigation, outputting audiobook media, giving weather updates, and letting users switch audio modes by squeezing the case.
  • January 2023: CYENS announced the XR4ED Extended Reality for Education project launch. The XR4ED program is aimed at immersive technologies and brings together a diverse group of stakeholders working in the increasingly emerging field of extended reality.
  • January 2023: Mapstar, the XR Map-based Metaverse that allows users to easily create new digital realities by mapping the environment in 3D and anchoring digital assets, unveiled its Augmented Reality on-site editing, LiDAR, XR-layer, and VR capability to enhance the retail shopping experience for visitors of shopping malls.
  • April 2023: DXC Technology announced the release of DXC Secure Network Fabric, a hybrid cloud-optimized comprehensive data center platform. DXC Secure Network Fabric, developed in conjunction with Hewlett Packard Enterprise and AMD, is a comprehensive software-defined data center system that automates, modernizes, simplifies, and secures the data center networks at a reduced cost.
  • January 2023: Hybrid cloud data management and storage technology vendor, Cloudian closed a fund-raising round of USD 60 million which was to be used to scale the company inorder to meet an increasing number of use cases. The fund-raising round includes investments from multiple investment firms and Intel Capital, and other strategic investors. The total funding in Cloudian reached USD 233 million.
  • July 2023: Telenor IoT and Verizon Business formed a strategic alliance to enhance global IoT connectivity. The initial focus of this partnership is to extend the reach of eSIM-based network access and services by leveraging their combined network assets and managed IoT capabilities across Europe, Asia, and North America.
  • April 2023: Tive Inc. partnered strategically with Freightflow, a cloud-based TMS built for the perishable produce industry. This partnership would enable Freightflow to provide its network of shippers and carriers with Tive's real-time visibility solution on all shipments, providing strategic differentiation while improving shipment efficiency, reducing costs, and delivering exceptional customer service.
  • February 2023 - Synechron, Inc., launched its Data Monetization Accelerator program. The program offers a suite of building block solutions designed to help commercial and retail banks, asset managers, and financial services institutions unlock the full potential of their data. According to the company, this innovative tool leverages analytics and derives insights to identify and develop revenue opportunities by implementing key strategies for monetizing an organization's data while preserving data privacy, governance, security, and management.
  • February 2023 - Aniview, a major vendor in video advertising technology and monetization, entered into a partnership with Evrideo, a cloud-based automated distribution provider for the CTV advertising market. Aniview and Evrideo’s combined state-of-the-art solutions are anticipated to bring together the industry’s best solution enabling the creation, distribution, and monetization needs of free ad-supported TV (FAST) network providers, broadcasters, and CTV device manufacturers (OEMs) worldwide.
  • February 2023: Milaha, Qatar's logistics and maritime solutions provider, signed an MoU (Memorandum of Understanding) with Oracle to boost Milaha's digital transformation strategy and maximize cloud services adoption to optimize the overall investment return.
  • January 2023: Google Cloud released four new and updated AI tools to help customers have a more pleasant online shopping experience and to assist retailers with in-store inventory management. A personalized search and browsing experience for e-commerce sites. An AI-powered solution for checking store shelves. A product recommendation system powered by artificial intelligence. A tool that uses machine learning to arrange products on websites.
  • December 2022: Casa Systems, Enea, and IBM developed a complete Private 5G solution for service providers to implement or for businesses to build Private 5G solutions that were more scalable, dynamically adjustable, dependable, and secure. With the help of IBM's Cloud Pak for Network Automation, CSPs could modernize their networks, transition to zero-touch operations, lower OPEX, and offer faster services while advancing telcos' zero-trust goal.
  • February 2023: Signify supplied LED street lighting, intelligent poles, and a connected lighting system to the industrial parks in Huanggang City in Hubei Province, China. The city opted for Signify's BrightSites smart poles, PhilipsLED streetlights, and Interact connected lighting system. This combination provides high-quality, energy-efficient LED lighting and two-way communication on a cloud-based platform.
  • January 2023: Lutron plans to provide new solutions and upgrade existing products that enable AV professionals to offer high-quality, future-ready lighting control while allowing clients to achieve their interior design dreams, removing the need to choose between aesthetics and experience.
  • March 2023: Samsung, in collaboration with Google and Qualcomm, announced to work on an upcoming mixed-reality headset. While not much is known about Samsung's mixed reality headsets, a recent US trademark filed by the South Korean tech giant suggests that the product might have the brand name 'Galaxy Glasses.'
  • October 2022: Google unveiled the Pixel watch, a smartwatch. The price of the Pixel Watch is USD 349 for the Wi-Fi-only device and USD 399 for the cellular version. This is between USD 50 and USD 100 less than the comparable Apple Watch Series 8 versions. Speaking of Apple, none of these Pixel Watches are compatible with the iPhone. Google has decided to restrict the use of the Pixel Watch to Android phones only, taking a cue from Apple.

Telematics Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)