Commercial Telematics Market Report 2023 | Insights, Analysis, And Forecast 2032

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Commercial Telematics Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Commercial Telematics Market Segments
The Business Research Company segments its
commercial telematics market report as
Solutions, Services
By Type
Embedded, Tethered, Smartphone Integrated
By System
By Provider
Original Equipment Manufacturer (OEM), Aftermarket
Transportation And Logistics, Insurance,
Healthcare, Media And Entertainment, Vehicle
Manufacturers Or Dealers, Government Agencies
By End User
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Market Statistics
The global commercial telematics market size is
expected to grow from 40.35 billion in 2022 to
47.46 billion in 2023 at a compound annual
growth rate (CAGR) of 17.6. The global
commercial telematics market size is expected to
reach 92.30 billion in 2027 at a CAGR of 18.1.
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Key Market Drivers And Trends
Drivers
The increasing sales of commercial and passenger
vehicles are expected to propel the growth of the
commercial telematics market
Trends
Technological advancements are a key trend
gaining popularity in the commercial telematics
market.
Region
North America was the largest region in the
commercial telematics market in 2022.
Asia-Pacific is expected to be the
fastest-growing region in the global commercial
telematics market report during the forecast
period. The regions covered in the global
commercial telematics market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East and
Africa.
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Key Market Players

• Major players in the commercial telematics market
  are
• Geotab Inc
• Masternaut Limited
• Mix Telematics
• Omnitracs
• Trimble Inc
• And more.

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