Commercial Telematics Market PDF: Industry Overview, Growth Rate

1. Global Commercial Telematics Market Research and Forecast Report 2021- 2026 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Commercial TelematicsMarket Research Report: According to the recent report by IMARC Group, titled “Commercial Telematics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global commercial telematics market size reached around US$ 40.3 Billion in 2020. Commercial telematics refers to the services and solutions that aid in monitoring a commercial vehicle through telecommunication. The location and movement of the vehicle are detected via Global Positioning System (GPS), whereas diagnostic systems help in recording the speed and behavior of the vehicle. A commercial telematics system allows the interchange of information between the central authority and the commercial vehicle through which the activities of the vehicle can be tracked. In case of any unauthorized movement, this system can alert the fleet manager. Besides this, it also helps in fuel management, optimizing maintenance, safety and financing, and driver downtime. As a result, this system is being adopted by several fleet management companies and automobile insurance companies. Request Free Sample Report: https://www.imarcgroup.com/commercial-telematics- market/requestsample

4. Report Description and Highlights Report Description Global Commercial Telematics Market Trends : The strong penetration of smartphones and laptops has bolstered the trend of connectivity over the past few decades. Apart from this, government regulations are providing an impetus to the market growth. For instance, the Federal Motor Carrier Safety Administration (FMCSA) has mandated the installation of electronic logging devices (ELD) in commercial vehicles in the United States. Furthermore, research and development (R&D) in the field of telematics have led to the introduction of Vehicle-to-Infrastructure (V2I) solutions that are anticipated to gain significant traction in the near future. It allows vehicles to communicate with other vehicles as well as with the local infrastructure by utilizing Wireless Local Area Network (WLAN) and update the drivers with useful information like vacant parking spaces. On account of these factors, the market is expected to experience strong growth during the forecast period (2021-2026).

5. Report Description and Highlights Report Description Market Summary: Breakup by Type: •Solution • Fleet Tracking and Monitoring • Driver Management • Insurance Telematics • Safety and Compliance • V2X Solutions • Others •Services • Professional services • Managed services Breakup by System Type: •Embedded •Tethered •Smartphone Integrated Breakup by Provider Type: •OEM •Aftermarket

6. Report Description Report Description and Highlights Breakup by End Use Industry: •Transportation and Logistics •Media and Entertainment •Government and Utilities •Travel and Tourism •Construction •Healthcare •Others Breakup by Region: •North America • United States • Canada •Asia Pacific • China • Japan • India • South Korea • Australia • Indonesia

7. Report Description Report Description and Highlights •Europe • • • • • • • Germany France United Kingdom Italy Spain Russia Others •Latin America • • • • • • • •Middle East and Africa Turkey •Saudi Arabia •Iran •United Arab Emirates Brazil Mexico Argentina Columbia Chile Peru Others

8. Report Description Report Description and Highlights Competitive Landscape with Key Players: • AirIQ Inc. • Bridgestone Corporation • General Motors Company • Geotab Inc. • Masternaut Limited. (Michelin) • Mix Telematics International (Pty) Ltd. • Octo Telematics • Omnitracs LLC • Trimble Inc. • Verizon Communications Inc. • Zonar Systems Inc. (Continental AG). View Full Report with TOC & List of Figure: https://www.imarcgroup.com/commercial-telematics- market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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