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Fleet telematics in Latin America is poised for growth. Historically, the Latin American market has been slower to adopt commercial telematics compared with North America, Western Europe, and Asia-Pacific.
In addition, the fleet market in Latin America has been more focused on risk management compared to other regions, with telemetry systems only becoming more widely integrated into the market in recent years. ABI Research believes that the opportunity thus lies with a mixture of these two existing markets.
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