the Global Commercial Telematics Market is accounted for $18.9 billion in 2015 and is expected to grow at a CAGR of 20.3% to reach $69.3 billion by 2022. Telematics is used for vehicle tracking, satellite navigation etc.
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Increasing use of smart phones, high speed internet technologies, government mandate in terms of compliance and driver monitoring are anticipated to increase the market growth. Collaboration between automobile manufacturers and Telematics, Government regulations for the use of Telematics technology are some of the factors accelerating the commercial Telematics market growth.
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Logistics and transportation segment has high impact on the commercial Telematics market. Vehicle-embedded Telematics technology is gaining momentum.
It is anticipated that commercial fleet segment will be in high demand over the next seven years. North America is the largest market for commercial Telematics in terms of revenue.
Europe is expected to be the fastest growing region. Demand from countries such as Japan, China, India, and Australia is expected to drive the Asia Pacific commercial Telematics market.
Some of the key players in global Commercial Telematics market are InfoTrack Telematics, Agero Inc, NXP Semiconductors, BOX Telematics, Coordina Gestion Logistica SL, Verizon Enterprise Solutions, Trimble Navigation Ltd, Calamp Corp, ORBCOMM Inc, ClickSoftware Technologies Ltd, Qualcomm, Omnitracs Inc, ZENRIN DataCom, AT&T.
Embedded OEM Systems
Hybrid OEM Systems
Embedded Aftermarket Telematics Systems
Portable Aftermarket Telematics Systems
Navigation and Location Based Systems
Diesel Direct Injection
Safety and Security
Remote Alarm and Incident Monitoring Solutions
Integration and Deployment
Consulting And Design
Maintenance and Training Services
Automotive Data Services
Safety & Security Services
Smart Phones and Tablets
Vehicle Data Monitoring
End Users Covered:
Media and entertainment
Logistics and transportation
Other End Users
Vehicle Type Covered:
Other Vehicle Types
Rest of Europe
Rest of Asia Pacific
Rest of the World
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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