90 likes | 111 Views
Get Sample Copy @ https://goo.gl/rzSx96 <br>Aftermarket, 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).
E N D
Opportunity Analysis and Industry Forecast, 2016-2023 Commercial Telematics Market Global Opportunity Analysis and Industry Forecast, 2013-2020
Commercial Telematics Market Overview :- 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). Aftermarket, 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 :- 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, AT&T 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 key Benefits :- • 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 Findings :- • 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 Profiled Key Market Players:- • Profiled Key Market Players:- • Verizon • Harman • TomTom • AT&T • Vodafone • Ford Motors • BMW • Telefonica • Mix Telematics • Trimble Navigation Ltd
Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/commercial-telematics-market Follow Us On