North America Telematics Market CAGR Status, Growth Opportunities and Analysis on Forecast 2029.

North America Telematics Market was valued at USD 2.24 Bn in 2023 and is expected to reach USD 6.89 Bn by 2030, at a CAGR of 17.43 % during the forecast period. The rising adoption of insurance telematics policies, particularly in North America, is reshaping the telematics market in several key ways. The expected growth from 16.8 million in 2023 to 29.2 million policies by 2027 signifies a growing demand for telematics solutions, driving market growth.