#Factoftheweek
About 60 million.
The number of active two-wheeler OEM (original-equipment manufacturers) telematics systems will reach 59.7 million in 2029.
This is up from 16.7 million in 2024, according to Berg Insight.
This represents a growth rate of 29%.
Two-wheelers include motorcycles, mopeds, and scooters.
There will be opportunities for both embedded OEM telematics solutions and aftermarket telematics.
The benefits are clear:
- Greater safety and security services.
- Stolen vehicle tracking and theft protection.
- Other connected services to improve riding experience.
What are your thoughts? What other benefits are there? What opportunities exist in this market?