Global Commercial Telematics Market Analysis and Forecast 2022 by Size, Share and Growth Rate

According to Stratistics MRC, 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. 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. Some of the factors inhibiting the market are high cost involved in deploying Telematics technology, concerns regarding breaching the security and accessing data and lack of awareness among consumers in certain regions.

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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.

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Solutions Covered:
OEM Telematics
Embedded OEM Systems
Hybrid OEM Systems
Aftermarket Telematics
Embedded Aftermarket Telematics Systems
Portable Aftermarket Telematics Systems
Applications Covered:
Fleet/Asset Management
Navigation and Location Based Systems
Diesel Direct Injection
Infotainment Systems
Insurance Telematics
Safety and Security
Remote Alarm and Incident Monitoring Solutions
Telehealth Solutions
V2V,V2X Systems

Services Covered:
Integration and Deployment
Consulting And Design
Maintenance and Training Services
Automotive Data Services
Safety & Security Services
Other Services
Technology Covered:
Smart Phones and Tablets
Insurance Telematics
Vehicle Data Monitoring

End Users Covered:
Media and entertainment
Vehicle manufacturers
Logistics and transportation
Other End Users

Vehicle Type Covered:
Motor Coach
Other Vehicle Types

Component Covered:
Control Unit
Other components

Regions Covered:
North America
Rest of Europe
Asia Pacific
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
South Africa

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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