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Global Commercial Telematics Market

The global commercial telematics market is anticipated to register a significant growth of 15.8% during the forecast period. The key factors that propel the market growth include the rise in connectivity solutions and the increasing mandate for deploying vehicle tracking in commercial vehicles. Commercial telematics is a widely adopted concept in the coming vehicles which merges telecommunications and informatics. It enables communication and connects with other devices or individual users through the network. Telematics includes GPS systems to navigation systems and allows them to obtain real

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Global Commercial Telematics Market

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  1. Global Commercial Telematics Market to Witness growth by Acceleration by 2029 The global commercial telematics market is anticipated to register a significant growth of 15.8% during the forecast period. The key factors that propel the market growth include the rise in connectivity solutions and the increasing mandate for deploying vehicle tracking in commercial vehicles. Commercial telematics is a widely adopted concept in the coming vehicles which merges telecommunications and informatics. It enables communication and connects with other devices or individual users through the network. Telematics includes GPS systems to navigation systems and allows them to obtain real-time access to the vehicle. It offers many features in vehicles ranging from hands-free mobile calling to the safety and security of the driver. The rising demand for safety, security & comfort during the transportation is another major factor to motivate the adoption of commercial telematics. Technological advancement enabled the market players to offer innovative solutions such as fleet/asset management, telehealth solutions, navigation, and location-based systems. Besides, favorable Government regulations and compliances for safety and security in vehicles are boosting the global commercial telematics market. To request a sample of our report on Global Commercial Telematics Market https://www.omrglobal.com/request- sample/commercial-telematics-market Consulting & design, automotive data services, integration & deployment, and so on are among the widely adopted commercial telematics services across the globe. The rising adoption of smart transportation systems such as vehicle automation along with rising demand for concept cars is anticipated to propel the growth of the commercial telematics market. Development in advanced driver assistance systems (ADAS) & the rise in the adoption of electric vehicles are creating a huge scope for the commercial telematics market to grow. However, the high cost of service, lack of awareness, and availability of standardized systems are the key concern for the global commercial telematics market to grow. A Full report on Global Commercial Telematics Market is available @ https://www.omrglobal.com/industry- reports/commercial-telematics-market Market Coverage •The market number available for – 2019-2026 •Base year- 2019 •Forecast period- 2020-2026 •Segment Covered- O By solution

  2. o By end-user •Regions Covered- o North America o Europe o Asia-Pacific o Rest of the World •Competitive Landscape- Bridgestone Corp., General Motors Co., Verizon Communications Inc., Aplicom Ltd., and Omnitracs LLC Key questions addressed by the report •What is the market growth rate? •Which segment and region dominate the market in the base year? •Which segment and region will project the fastest growth in the market? •How COVID-19 impacted the market? o Deviation from the pre-COVID-19 forecast o Most affected region and segment •Who is the leader in the market? •How players are addressing challenges to sustain growth? •Where is the investment opportunity? Global Commercial Telematics Market Report Segment By Solution •Fleet Tracking and Monitoring •Driver Management •Insurance Telematics •Safety & Compliance •V2V and V2X systems

  3. •Others (Fuel Monitoring) By End-User •Insurance •Government and Utilities •Healthcare •Media and Entertainment •Transportation & Logistics •Others (Manufacturing) By Distribution Channel •OEM •Aftermarket Global Commercial Telematics Market Report Segment by Region North America •United States • Canada Europe •UK •Germany •Italy •Spain •France •Rest of Europe Asia-Pacific •China •Japan • India •Rest of the Asia-Pacific

  4. Rest of the World For More customized Data Request For Report customization @https://www.omrglobal.com/report- customization/commercial-telematics-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

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