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Commercial Telematics Market Report- Forecast 2023

Commercial Telematics Market Report-Forecast 2023

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Commercial Telematics Market Report- Forecast 2023

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Commercial Telematics Market Report- Forecast 2023

Summary 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.

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Commercial Telematics Market Report- Forecast 2023

Major Key Players:  Verizon Communications, Inc.(U.S.),  Harman International Industries, Inc.( U.S.),  TomTom Telematics BV (Netherlands),  AT&T 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),  Mix Telematics International Ltd (South Africa).

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Commercial Telematics Market Report- Forecast 2023

Segmentation: 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

Others

Global Commercial Telematics Market by Solutions: 

Remote Alarm & Monitoring

Navigation and location based

Infotainment

V2v and V2i

Tele-health

Others

Global Commercial Telematics Market by End- Users: 

Media & Entertainment

Government agencies

Transportation and Logistics

Insurance

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Commercial Telematics Market Report- Forecast 2023

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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Commercial Telematics Market Report- Forecast 2023

(Germany) are focusing on the digital utilities transformation. P a g e |7

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Commercial telematics market  
Commercial telematics market  

Global Commercial Telematics Market, By Type (Vehicle Telematics, Fleet Telematics, Insurance Telematics), By Solutions (Navigation & Locati...

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