Title: Commercial Telematics Market overview 2018
1Opportunity Analysis and Industry Forecast,
2016-2023
Commercial Telematics Market
Global Opportunity Analysis and Industry
Forecast, 2013-2020
2 Commercial Telematics Market is expected to
garner 49.12 billion by 2020, registering a CAGR
of 18.4 during the forecast period
2014-2020. The study includes an analysis of
drivers, restraints, opportunities and
competition, in the key geographies which include
in North America, Europe, Asia-Pacific(APAC) and
Latin America, Middle East, Australia(LAMEA). Aft
ermarket, a segment categorized on the basis of
type of telematics, is expected to grow swiftly
and remain the largest revenue generator,
contributing to over 50 of the total market
revenue throughout the forecast period
(2014-2020). In addition, fleet/asset management
as an application segment, is the highest
revenue-generating solution, contributing about
50 of the total commercial telematics solutions
market revenue. In certain economies like Brazil
and China, the government legislations mandate
the adoption of telematics given the rising
concern of vehicle tracking and safety and
security, thereby driving the demand for
telematics solutions. Get free sample PDF for
more details - https//goo.gl/rzSx96
Commercial Telematics Market Overview -
3 Commercial telematics market includes the
telematics used by light, medium and heavy
commercial vehicles. All major automotive
manufacturers across the globe are now
concentrating on developing and implementing the
Telematics concept into their vehicles. Vehicles
manufactured today offer unique connectivity
solutions for better monitoring and tracking.
The global commercial telematics market is
driven by increased market penetration of smart
phones, lowered connectivity cost, availability
of high speed internet technologies such as LTE,
greater governmental mandate in terms of safety
compliance mandates, road infrastructure
constraints, and driver monitoring etc.
Technology agreements and collaborations are
the key strategies adopted by the market players
to enhance their market share. For instance, ATT
is working with automotive manufacturers to
provide contextual voice controls, which would
help to create a safer driving experience. TomTom
has launched the online turn-by-turn navigation
service for customers, making it feasible to
connect over a network.
Commercial Telematics Market Overview -
4 Commercial Telematics Market
5 Commercial Telematics Market Segmentation -
6- Key Benefits-
- Current and future trends adopted by the key
market players are highlighted to determine
overall competitiveness of the market - Porters Five Forces analysis and SWOT analysis of
the key market players are provided to illustrate
the business strategies adopted by buyers and
suppliers - The technology-effective drivers and
opportunities are highlighted to describe the top
factors responsible for the market growth - Various operating segments of the commercial
telematics market are carefully analyzed to
measure the potential of the emerging market - The quantitative analysis of the market through
2013-2020 is provided to elaborate the market
potential
Commercial Telematics Market key Benefits -
7- Key Findings -
- The need for vehicle tracing, safety and
security, government regulations would continue
to positively drive the global commercial
telematics market over the analysis period
(2014-2020) - Fleet/Asset management solution is one of the
most prominent solutions present in the market.
It led the market with a share of almost 50 of
the global telematics market, followed by
Insurance telematics solution and expected to
remain dominant in our analysed period. - Asia-Pacific as well as LAMEA is forecast to be
one of the most lucrative markets, in terms of
growth given the supportive government
regulations and the growing automotive market
Commercial Telematics Market key Findings -
8- Profiled Key Market Players-
- Verizon
- Harman
- TomTom
- ATT
- Vodafone
- Ford Motors
- BMW
- Telefonica
- Mix Telematics
- Trimble Navigation Ltd
Commercial Telematics Profiled Key Market
Players-
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lematics-market
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