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

04-12-2016 12:12 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Reports Buzz

Commercial Telematics Market 2016 to grow at a CAGR of 27.39%

About Commercial Telematics

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. These applications include eCall, roadside assistance, stolen vehicle tracking (STV), infotainment, connected navigation, vehicle diagnostics, and convenience applications such as door lock or unlock, vehicle preconditioning, and retrieving the last parking position.

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

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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.

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

Other prominent vendors
• Actsoft
• Ctrack
• FleetBoard
• Kore Telematics
• Masternaut
• Octo Telematics

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• 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

About US

Reports Buzz is the most sufficient collection of market intelligence services online. It is your only source that can fulfill all your market research requirements. We provide online reports from over 100 best publishers and upgrade our collection regularly to offer you direct online access to the world’s most comprehensive.

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