Title: Commercial Telematics Market
1Commercial Telematics Market Research Report By
Forecast o 2027
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2Commercial Telematics Market Forecast To 2027
Commercial Telematics Market Forecast To 2027
- The companies such as Verizon Communications,
Inc. (U.S.), Harman International Industries,
Inc. (U.S.), TomTom Telematics BV (Netherlands),
Vodafone Group Plc (U.K), Bayerische Motoren
Werke AG (Germany), are the leading provider of
commercial telematics solutions. In August,
2014, Vodafone Group Plc. has acquired Cobra
Automotive Technologies S.p.A to provide full
range of value-added security, telematics
services and managed M2M connectivity to the
automotive and insurance industry. - The Commercial Telematics Market are widely used
in industries for transmitting the real time
information to the devices. The increasing number
of subscribers and companies are showing a higher
level of penetration in commercial telematics
market. It is widely used in automotive
industries which will show a rapid growth by the
end of the forecasted period. In North America,
it is estimated that approximately 35 of all
commercial and government vehicles are equipped
with telematics.
3Commercial Telematics Market Forecast To 2027
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on Internet of
Commercial Telematics Market Forecast To 2027
- The regional analysis of commercial telematics
market is being studied for region such as Asia
pacific, North America, Europe and Rest of the
World. North America is one of the leading region
across the world in terms of market share in
commercial telematics market as self-install
on-board diagnostics devices are capturing
maximum market in North America. The commercial
telematics market in Europe region is expected to
witness rapid growth in the forthcoming period.
The commercial telematics in insurance industry
are largely dominated by hardwired aftermarket
black boxes and has huge demand in the market.
Whereas, Asia-Pacific countries like China, Japan
and South Korea is an emerging market for
commercial telematics market and expected to be
the highest CAGR in the coming year. - The global commercial telematics market is
expected to grow at USD 42 Billion by 2023, at
18 of CAGR between 2017 and 2023.
4Commercial Telematics Market Forecast To 2027
Regional Analysis
- On geographic basis, global commercial telematics
market is studied in different regions as
Americas, Europe, Asia-Pacific and Rest of world.
It has been observed that North America region is
leading with largest market share growth in the
commercial telematics market. The commercial
telematics is gaining huge demand due to smart
phones, availability of high speed internet
technologies, low connectivity cost, road
infrastructure constraints, and others. In this
market, Europe is to be estimated to be the
second largest market share for commercial
telematics during the forecast period.
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5Commercial Telematics Market Forecast To 2027
Application Major Players in this Research
- Commercial Telematics Market Prominent Players
- Verizon Communications, Inc.(U.S.),
- Harman International Industries, Inc.(Â U.S.),
- TomTom Telematics BV (Netherlands),
- ATT Inc. (U.S.),
- Vodafone Group Plc (U.K),
- Ford Motor Company (U.S.),
- Bayerische Motoren Werke AG (Germany),
- Trimble Inc. (US), Telefónica S.A. (Spain),
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6Commercial Telematics Market Forecast To 2027
Commercial Telematics Market Segmented on the
basis of
- Segment
- The global commercial telematics market has been
segmented on the basis of type, operation system,
ruggedness, end- users and region. - Global Commercial Telematics Market by Type
- Vehicle Telematics
- Fleet telematics
- Insurance Telematics
- Global Commercial Telematics Market by Solutions
- Remote Alarm Monitoring
- Navigation and location based
- Infotainment
- V2v and V2i
- Tele-health
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