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The commercial telematics market is forecasted to grow by USD 10780 million during 2023-2028, accelerating at a CAGR of 4.77% during the forecast period. The report on the commercial telematics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of driver assistance, globalization of telematics supply chains, and government initiatives encouraging use of telematics.
The commercial telematics market is segmented as below:
By Product
- Solutions
- Services
By Platform
- Embedded systems
- Tethered systems
- Smartphone integration systems
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the commercial telematics market covers the following areas:
- Commercial telematics market sizing
- Commercial telematics market forecast
- Commercial telematics market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Platform
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global commercial telematics market: AB Volvo, Agero Inc., Airbiquity Inc., AT and T Inc., Bridgestone Corp., Continental AG, Fleet Complete, Geotab Inc., Mercedes Benz Group AG, Michelin Group, Microlise Group Plc, MiX Telematics Ltd., Navistar International Corp., OCTO Telematics S.p.A, Omnitracs LLC, SmartDrive Systems Inc., Trimble Inc., Verizon Communications Inc., Visteon Corp., and Volkswagen AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advanced analytics on telematics data to reduce severity of risks."
According to the report, one of the major drivers for this market is the increasing adoption of driver assistance.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB Volvo
- Agero Inc.
- Airbiquity Inc.
- AT and T Inc.
- Bridgestone Corp.
- Continental AG
- Fleet Complete
- Geotab Inc.
- Mercedes Benz Group AG
- Michelin Group
- Microlise Group Plc
- MiX Telematics Ltd.
- Navistar International Corp.
- OCTO Telematics S.p.A
- Omnitracs LLC
- SmartDrive Systems Inc.
- Trimble Inc.
- Verizon Communications Inc.
- Visteon Corp.
- Volkswagen AG
