Global Commercial Telematics Market to grow at a CAGR of 27.39% during the period 2016-2020

Press Release   •   May 23, 2016 17:14 EDT

Telematics is an automated system designed for vehicles that incorporates communication systems for real-time information transfer to achieve efficient solutions. Auto manufacturers have many options for online connectivity in vehicles to deliver two-way communication. These options include embedded telematics, tethered telematics, and integrated smartphone telematics. Currently, various categories of telematics applications are provided commercially by leading auto manufacturers. 

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MarketIntelReports analysts forecast the global commercial telematics market to grow at a CAGR of 27.39% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global commercial telematics market for 2015-2020. To calculate the market size, the report considers the revenue obtained from telematics solutions and services.

The market is divided into the following segments based on geography:

  • APAC
  • EMEA
  • Americas

MarketIntelReports report, Global Commercial Telematics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

  • AirIQ
  • Fleetmatics
  • MiX Telematics
  • TomTom Telematics
  • Trimble Navigation

Other prominent vendors

  • Actsoft
  • Ctrack
  • FleetBoard
  • Kore Telematics
  • Masternaut
  • Octo Telematics
  • Omnitracs (Astrata Group)
  • OnStar
  • PeopleNet
  • Scania
  • Spireon
  • TeleNav
  • Teletrac
  • Telogis
  • Telular (Avista Capital Partners)
  • Traceon
  • Trakm8
  • Verizon Telematics
  • Webtech Wireless
  • Wireless Matrix (CalAmp)

Market driver

  • Improved vehicle efficiency and safety
  • For a full, detailed list, view our report

Market challenge

  • High cost of fleet tracking
  • For a full, detailed list, view our report

Market trend

  • Vehicle sharing telematics solutions
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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