Railway Telematics Market Size, Share, Analysis & Forecast 2021-2028 dailygram

The Railway Telematics Market is expected to reach USD 18,747 million by the end of 2028, growing at a CAGR of 7.5% over the forecast period (2021-2028). The factors driving the growth of Railway Telematics Market includes rise in the construction of smart cities around the world, growing adoption of telematics systems by insurance and fleet management companies, to monitor location of the vehicle and increasing demand for safe and efficient transportation systems.

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