Thursday 31 October 2019

Personal Care and Beauty Category to Lead India Ayurvedic Products Market until 2024

Rising awareness about healthy lifestyle & wellness coupled with increasing concerns about side effects of chemical medications to drive India ayurvedic products market
According to a recently released TechSci Research report, India Ayurvedic Products Market By Category, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2024”, ayurvedic products market in India is projected to grow at a CAGR of more than 10% during 2019 – 2024 on account of growing awareness for healthy lifestyle & wellness, rising concerns about side effects of chemical & allopathic medications, and the increasing popularity of various spiritual leaders. Increasing consumer shift towards opting for products based on natural ingredients due to increasing health consciousness, especially among the young adult population, is significantly contributing to the growth of ayurvedic products market in India.

Browse 11 market data Figures spread through  Pages and an in-depth TOC on   "India Ayurvedic Products Market"
The distribution channel of ayurvedic products market is categorized into traditional stores, supermarkets/hypermarkets, online, and other channels. Traditional stores accounted for the majority share of India ayurvedic products market in 2018, followed by Supermarkets/Hypermarkets. However, during the forecast period, the share of traditional stores segment is expected to decline on account of rising product availability on e-commerce websites and captive portals, as well as in supermarkets/ hypermarkets across the country.
In terms of region, the India ayurvedic products market is categorized into North, West, East and South. The market for ayurvedic products in South India was the largest in 2018 on account of ability to deliver many ayurvedic products and services due to the presence of ayurvedic wellness centers in the region, and the followers of age old ayurvedic traditions such as ashtavaidya tradition in various states such as Kerala. Major players operating in India ayurvedic products market include Patanjali Ayurveda Ltd, Dabur Limited, and Emami Ltd., The Himalaya Drug Company, Shree Baidyanath Ayurveda Bhawan Ltd. In 2018, Patanjali held the major market share in the country’s ayurvedic products market, and the company is expected to continue its dominance through 2024.
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“India ayurvedic products market is expected to grow at a steady pace due to the rising awareness regarding a healthy lifestyle, chemical free products, huge brands endorsements from spiritual leaders, and the growing popularity and acceptance of ayurvedic products. Adults as well as the young adults are the primary buyers of ayurvedic products, and they are also the target consumer segments for the major ayurvedic product players operating in India.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“India Ayurvedic Products Market By Category, By Distribution Channel, By Region, Competition Forecast & Opportunities, 2024” has evaluated the future growth potential of India ayurvedic products market and provides statistics and information on market structure, consumer behaviour and trends. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities available in India ayurvedic products market.
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India Cosmetics Market By Product Type (Hair Care, Skin Care, Bath and Shower Products, Makeup & Color Cosmetics Products, Fragrances & Deodorants), By Distribution Channel (Beauty Parlours/Salons, Multi Branded Retail Stores, Online Channels, Supermarkets/Hypermarkets, Exclusive Retail Stores & Others), Competition Forecast & Opportunities, 2014 – 2024

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About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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Friday 25 October 2019

Rising Pollution Levels to Drive APAC Electric Three Wheeler Market to $ 6.7 Billion by 2023


Favorable government policies, rising concerns regarding greenhouse gas emissions and expanding e-commerce industry to drive APAC electric three-wheeler market through 2023  
APAC Electric Three Wheeler Market
According to TechSci Research report, APAC Electric Three-Wheeler Market By Vehicle Type, By Battery Capacity, By Battery Type, By Country, Competition Forecast & Opportunities, 2013-2023, APAC electric three-wheeler market is forecast to reach $ 6.77 billion by 2023. Presence of a large number of electric three-wheeler manufacturers in the region, in addition to rising consumer inclination towards electric three-wheelers as compared to traditional three-wheelers due to environment friendliness and low-cost maintenance of electric three-wheelers, is anticipated to fuel the region’s electric three-wheeler market in the coming years. Moreover, favorable government policies across the region are likely to further boost the adoption of electric three-wheelers during the forecast period.
Browse 91 Figures spread through 98 Pages and an in-depth TOC on "APAC Electric Three-Wheeler Market"
APAC electric three-wheeler market has been segmented into passenger carrier and load carrier. Of these categories, passenger carrier segment accounts for the largest market share. China, India and other southeast Asian countries have high population, thus demand for local transportation is also high in these countries. Many Asian countries import fuel from other parts of the world, which increases the fuel price. Owing to the aforementioned factors, demand for electric three-wheelers as passenger carriers is growing at a robust pace across the region. Major manufacturing companies such as Hero, Lohia, Kinetic and Clean Motion are from China and India. Their continuous research & development efforts to manufacture advanced and affordable electric three-wheelers are likely to have a positive impact on the APAC electric three-wheeler market over the course of next five years.  
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“Alarming levels of air pollution coupled with launch of new models and increasing consumer inclination towards alternative fuel vehicles are the key factors expected to aid the growth of APAC electric three-wheeler market in the coming years. Additionally, several Chinese and small-scale electric three-wheeler manufacturers are expanding their business operations, and consequently, customers are expected to have a wider range of electric three-wheelers to opt for in the coming years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
APAC Electric Three-Wheeler Market By Vehicle Type, By Battery Capacity, By Battery Type, By Country, Competition Forecast & Opportunities, 2013-2023 has analyzed the potential of electric three-wheeler market across the region, and provides statistics and information on market size, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers and key challenges faced by the industry.

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About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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Africa Electric Three Wheeler Market to Exhibit Double Digit CAGR until 2023


Rising fuel prices, increasing pollution levels and various advantages such as economical pricing and ease of maintenance associated with electric three-wheelers to fuel Africa electric three-wheeler market through 2023  

Africa Electric Three Wheeler Market
According to TechSci Research report, “Africa Electric Three-Wheeler Market By Vehicle Type, By Battery Capacity, By Battery Type, By Country, Competition Forecast & Opportunities, 2013-2023”, electric three-wheeler market in Africa is forecast to grow at a CAGR of more than 16% during 2018 - 2023. The double-digit growth in the market is expected to be aided by government efforts aimed at encouraging the use of clean fuel vehicles amid rising pollution levels across the region. Moreover, rising fuel prices, technological advancements, increasing research & development activities, low-cost maintenance of electric three-wheelers as compared to traditional three-wheelers, and growing consumer inclination towards electric vehicles are anticipated to have a positive impact on the region’s three-wheeler market during the forecast period. 

Browse 64 Figures spread through 78 Pages and an in-depth TOC on "Africa Electric Three-Wheeler Market"

Electric passenger carrier segment accounted for the largest share in the region’s electric three-wheeler market in 2017 and the trend is anticipated to continue in the coming years as well, on the back of increasing consumer preference for these vehicles. Moreover, electric passenger carriers are the widely accepted means of transportation in the region. Lead acid battery is the most commonly used battery type in Africa electric three-wheeler market, owing to its economical pricing and low maintenance cost.

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“Over the coming years, consumer inclination towards alternative fuel technology other than petrol, diesel, CNG, etc., is anticipated to increase, owing to the rising prices of these fuels. Moreover, government subsidies and incentives for buying electric vehicles, and growing presence and widening product portfolios of various companies are further expected to boost revenues for three-wheeler manufacturers operating in Africa during the forecast period.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Africa Electric Three-Wheeler Market By Vehicle Type, By Battery Capacity, By Battery Type, By Country, Competition Forecast & Opportunities, 2013-2023 has analyzed the potential of electric three-wheeler market across the region, and provides statistics and information on market size, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers and key challenges faced by the industry.

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About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets help TechSci clients to lead rather than follow market trends.

Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017

Tel: +1-646-360-1656

Asia-Pacific to Witness Highest Growth in Fraud Detection & Prevention Market through 2024


Increasing use of IP-based services and emergence of e-banking and e-commerce to propel global fraud detection and prevention market through 2024

fraud detection and prevention market
According to TechSci Research report, Global Fraud Detection and Prevention Market By Component, By Fraud Type, By Deployment Type, By Organization Size, By End User Industry, By Region, Competition, Forecast & Opportunities, 2024, global fraud detection and prevention market is expected to grow at a CAGR of 18.4% during 2019-2024 on account of increasing cases of frauds, rising inclination towards cloud services and growing use of digital data mode across the globe. As enterprises expand, the amount of data also increases which elevates the risk for fraudulent activities, which in turn, is driving global fraud detection and prevention market.

Browse 20 market data Tables and 113 Figures spread through 160 Pages and an in-depth TOC on " Global Fraud Detection and Prevention Market "

Global fraud detection and prevention market can be segmented based on component, fraud type, deployment type, organization size, end user industry and region. In terms of solution, the market can be bifurcated into fraud analytics, authentication and others, of which authentication segment is the dominating segment in the market and the trend is likely to continue during forecast period as well owing to its extensive use in various end user industries to strengthen the authentication process. Based on enterprise, global fraud detection and prevention market size is categorized into large enterprises and SMEs. Large enterprises are witnessing high adoption of fraud detection and prevention solutions and services owing to increase in financial losses and hefty fines for regulatory incompliance. Among end users, BFSI leads global fraud detection and prevention market as this vertical holds crucial information of employees, customers and assets. Moreover, due to digitization of the financial sector and increasing trend of online transaction, there is increased risk for fraud, thereby further driving growth of this segment in the market.

SAP SE, Oracle Corporation, Fiserv Inc., IBM Corporation, Fair Isaac Corporation, ACI Worldwide, Inc., Actimize Inc., SAS Institute Inc., BAE Systems PLC, Experian PLC, etc., are some of the leading players operating in global fraud detection and prevention market. Companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share. In 2017, Fair Isaac Corp. launched FICO card comprise manager solution so as to detect card frauds. In 2018, Fiserv introduced step-up authentication and identity verification to reduce fraudulent activities in call centers.
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“North America accounts for significant share in global fraud detection and prevention market and the region is expected to continue its dominance during forecast period as well on account of early adoption of online based services and e-tailing in countries like US and Canada. Moreover, surging investment in fraud detection and prevention solutions by various verticals and presence of leading players in the region is further expected to bolster the growth of North America fraud detection and prevention market in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
Global Fraud Detection and Prevention Market By Component, By Fraud Type, By Deployment Type, By Organization Size, By End User Industry, By Region, Competition, Forecast & Opportunities, 2024 has evaluated the future growth potential of global fraud detection and prevention market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global fraud detection and prevention market.

Global Cyber Security Market By Security Type (Network Security, Content Security, etc.), By Solutions (Identity & Access Management, Risk & Compliance Management, etc.), By End Use Industry, By Region, Competition Forecast and Opportunities, 2011-2021

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About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656

Thursday 24 October 2019

ATV Tire Market to Surpass $640 Million by 2024



ATV Tire Market
According to TechSci Research report, “Global All-Terrain Vehicle Tire Market By Vehicle Type, By Demand Category, By Tire Size, By Company, By Region, Competition Forecast & Opportunities, 2014 – 2024”, the global all-terrain vehicle tire market is projected to reach $ 646 million by 2024. Growth in the market for ATV tires can be attributed to increasing trend of off-roading activities such as recreational and leisure activities and rising usage of ATV in agriculture sector for transportation of light goods in Europe and North America. Increasing demand from defence sector is also expected to boost the sales of all-terrain vehicle tires during forecast period.

Browse 180 market data Figures spread through 110 Pages and an in-depth TOC on "Global ATV Tire Market"

In terms of vehicle type, utility all-terrain vehicle tire segment accounted for the largest share in the global all-terrain vehicle tire market in 2018, backed by their versatile usage, high load carrying capacity, easy maintenance and economical pricing as compared to other ATVs. Over the coming years, major global all-terrain vehicle manufacturers are anticipated to come up with a wide range of advanced and specifically designed all-terrain vehicle tires to meet varying customer requirements. North America dominates the global all-terrain vehicle tire market, owing to increasing number of ATV sports and racing tournaments, rapid usage in agriculture, especially in poultry farming, and growing off-roading activities in the region. United States dominates the North America ATV tire market with market share of over 75% in 2018. Moreover, increase in the number of all-terrain vehicles in material transport, hunting as well as in forest and desert safari, etc., is expected to further fuel up the demand for all-terrain vehicle tires in North America.

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“Expanding global ATV fleet, growing use of ATVs in several applications such as sports, entertainment and agriculture coupled with a rising number of international tire players foraying into ATV tire market is anticipated to positively influence the global ATV tire market. Moreover, increasing focus of manufacturers to develop eco-friendly and advanced ATV tires is expected to act as a catalyst for the industry growth in the coming years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global All-Terrain Vehicle Tire Market By Product Type, By Engine Displacement, By Application Type, By Region, Competition Forecast & Opportunities, 2014 – 2024” has evaluated the future growth potential of all-terrain vehicles market, globally, and provides statistics and information on market size, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyses emerging trends along with essential drivers and key challenges faced by the industry.

About TechSci Research
TechSci Research is a leading APAC market research firm publishing premium market research reports. Serving 700 APAC clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking APAC and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656


APAC to Continue its Dominance in Global Air Suspension Market

Demand for advanced safety features, customization options, and utmost comfort and convenience to boost global air suspension market through 2024.

Air Suspension Market
According to TechSci Research report, “Global Air Suspension Market By Vehicle Type (Passenger Cars and Commercial Vehicles), By Component (Air Spring, Air Reservoir, Height Sensor, Shock Absorber, Air Compressor and Electronic Control Module), By Technology (Electronically Controlled Air Suspension and Non-Electronically Controlled Air Suspension), and By Region, Competition, Forecast & Opportunities, 2024”, the global air suspension market stood at $ 733 billion in 2018, and the market is grow during the forecast period owing to various benefits offered by air suspension systems such as enhanced comfort, maintaining ground clearance automatically, height adjustment as per need and higher safety. Moreover, increasing disposable income and rising demand for high horse power vehicles with higher load carrying capacity are expected to boost demand for air suspension system, globally, during the forecast period.

Browse 141 market data Figures spread through 110 Pages and an in-depth TOC on "Global Air Suspension Market"
https://www.techsciresearch.com/report/air-suspension-market/2422.html

Global air suspension market can be segmented based on vehicle type, technology type, component type, region wise. In terms of vehicle type, Passenger Cars grabbed the largest market share in 2018 and the trend is expected to continue in the forthcoming years. In terms of technology type, electronically controlled air suspension is the dominating segment in the global air suspension market, as major passenger cars and commercial vehicles fall in this category. Continental AG, Hendrickson International Corporation, Accuair Suspension,  Arnott, among others are some of the leading players operating in the global air suspension market. Surging popularity of luxurious vehicles equipped with air suspension system is pushing the companies to focus on improving the design and functionality of air suspension systems.

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“Asia Pacific dominated the global air suspension market in 2018, backed by the presence of leading OEMs and large vehicle fleet. The demand for air suspension systems is anticipated to increase in the region in the coming years as well, on account of continuing increase in sales of passenger cars and commercial vehicles, surging premium vehicle sales, coupled with rising consumer inclination towards enhanced ride comfort, vehicle safety and higher ground clearance.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Air Suspension Market By Vehicle Type (Passenger Cars and Commercial Vehicles), By Component (Air Spring, Air Reservoir, Height Sensor, Shock Absorber, Air Compressor and Electronic Control Module), By Technology (Electronically Controlled Air Suspension and Non-Electronically Controlled Air Suspension), and By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global air suspension market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the global air suspension market.

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About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656

Email: sales@techsciresearch.com

Tuesday 22 October 2019

Insurtech Market to Grow at Double Digit CAGR During Forecast Period


Personalized product offerings, improved communication with clients and reduced cost of policies are expected to drive growth of the global insurtech market
According to TechSci Research report, Global Insurtech Market By Technology, By Deployment Mode, By Insurance Type, By Region, Competition, Forecast & Opportunities, 2024, the global insurtech market is a multi-billion dollar market and is expected to register significant CAGR during forecast period on account of growing influence of digitization. Insurance industry is currently facing the challenge of managing large amount of data, therefore, there is urgent need for adopting digital technologies which not only helps to optimize the work and price of the target product but also helps to monitor data.

Browse  market data Tables and  Figures spread through  Pages and an in-depth TOC on
" Global Insurtech Market"

Insurtech market can be segregated based on technology, deployment mode, insurance type and region. In terms of insurance type, market can be segmented into P&C insurance, commercial insurance and others. P&C insurance is expected to be the leading segment until 2024 as property & casualty insurance includes auto insurance, which is mandatory in several countries. In terms of regional analysis, North America dominated the insurance technology market in 2018 and it is expected to maintain its position in the coming years due to digitization and implementation of innovative technologies for optimizing cost and offering personalized experience to customers. Presence of leading insurtech companies in the region is positively influencing the growth of the market.
Acko General Insurance, Lemonade, Friendsurance, ZhongAn Online P&C Insurance Co. Ltd., Oscar Health Insurance, Quantemplate Limited, BIMA, Trōv, Neos Insurance and Clover Health are some of the leading players operating in global insurtech market. Insurtech is a competitive market and has witnessed emergence of start-ups in the past few years. Deployment of new technologies is one of the major strategies that makes start-ups stand out among traditional insurance companies and helps them to increase their share in the market.
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“Based on technology, big data and analytics was the leading segment in 2018 and the trend is forecast to continue in the coming years as well. This is due to reason that analytics helps insurers to spot new trends, products or services in the market by analyzing the vast amount of data, Additionally, big data can be used for improved decision making and assess risk in the market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
Global Insurtech Market By Technology, By Deployment Mode, By Insurance Type, By Region, Competition, Forecast & Opportunities, 2024 has evaluated the future growth potential of global insurtech market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers to take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global insurtech market.
Global Fintech Market By Technology (API; AI; Blockchain; Distributed Computing), By Service (Payment; Fund Transfer; Personal Finance; Loans; Insurance; Wealth Management), By Application (Banking; Insurance; Securities; & Others), By Deployment Mode (Cloud & On-premises), By Region, Competition, Forecast & Opportunities, 2024


Global AI in Fintech Market By Component (Solution (Software Tools and Platform) and Services (Managed and Professional)), By Deployment Mode (Cloud and On-premise), By Application, By Region, Competition, Forecast & Opportunities, 2024


India Insurance Telematics Market By Vehicle Type (Passenger Car & Commercial Vehicle), By Type (Third party Insurance & Comprehensive Insurance), By Source (Insurance Agency & Online), By Premium Type (Personal Insurance Premium & Commercial Insurance Premium), By Device Type (Hardwired; On-board Device (OBD); Smartphone & Embedded), Competition, Forecast & Opportunities, 2030


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Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017

Tel: +1-646-360-1656