The global telemetric devices market is anticipated to grow at a CAGR of 16.0% during the forecast period (2023-2030). The high demand for telemetric devices globally, due to new product launches associated with telemetric devices is a key factor driving the growth of the global telemetric devices market. For instance, in June 2023, Apollo launched 5G-connected ambulance service in Kolkata. The custom-designed, 5G-connected ambulance is equipped with the latest medical equipment, patient monitoring applications, and telemetry devices that transmit the patient’s health data to the hospital with low latency. A 5G-connected ambulance will improve the healthcare landscape in India by transmitting vitals of a patient in real-time so that doctors can make quicker decisions and advise paramedics in the ambulance to administer required aid while on the move.
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In the same month, Ping launches service to combat MFA fatigue with behavioral biometrics and risk profiles. PingOne Protect is a new service from Ping that uses mitigation tools to block attacks and make it easier for legitimate users to authenticate, according to a company announcement. PingOne Protect detects and prevents bots from log-in attempts by using UEBA to determine unusual behavior. The service also develops a risk score for users to drive identification, authentication, and authorization policies. It determines the score by evaluating multiple risk signals such as user and entity behavior analytics, behavioral biometrics, IP and network reputation telemetry, and device telemetry, among others. By evaluating risk for an individual, the service can prompt second-factor authentication only when necessary. Such developments are contributing to the market growth.
Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
- Segment Covered-
o By Component
o By Application
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape-includes Siemens AG, GE Healthcare, Philips Healthcare, Schlumberger Ltd., and Schneider Electric, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Telemetric Devices Market Report Segment
By Component
- Hardware
- Software
By Application
- Healthcare
- Aerospace & Defense
- Consumer Electronics
- Logistics & Transportation
- Energy & Power
- Oil & Gas
- Others (Hydrography)
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Global Telemetric Devices Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Actsoft, Inc.
- Agero Inc.
- BSM Technologies Inc.
- CalAmp Corp.
- Daimler AG
- Cisco Systems, Inc.
- Geotab Inc.
- Masternaut Ltd.
- Mix Telematics Ltd.
- HERE Global B.V.
- Octo Group S.p.A
- Omnitracs, LLC
Reasons to Buying From us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
About Orion Market Research
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Media Contact:
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