|08-08-2018 06:42 PM CET - Advertising, Media Consulting, Marketing Research||
Vehicle Telematics 2018 Global Market Competitor - PTC, Trimble Inc., TomTom Telematics, Zonar Systems, Octo Telematics, Omnitracs, Masternaut Limited, Masternaut, Microlise And Forecast To 2025
Press release from: Data Bridge Market Research
Vehicle Telematics Market report provides an outlook for current market value as well as the expected growth of Vehicle Telematics during 2018-2025. The whole supply chain of Vehicle Telematics has been explained with statistical details with a special emphasis on various upstream and downstream components. The current trends pertaining to the demand, supply, and sales of Vehicle Telematics, together with the recent developments have been given here to provide an exhaustive picture of this market.
The Global Vehicle Telematics Market is expected to reach USD 20.12 billion by 2025, from USD 7.31 billion in 2017 growing at a CAGR of 20.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Vehicle Telematics Market, By Provider Type (OEM, Aftermarket), By Vertical (Transportation, Logistics, Government, Utilities, Travel, Tourism, Construction, Education, Healthcare, Media, Entertainment), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Complete report on Global Vehicle Telematics Market Research Report 2018-2025 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Vehicle Telematics Market
Vehicle telematics can be termed as electronic technology that is involved in cars which helps the customer to keep the cars safer prevent it from getting lost and helps to summon roadside assistance. These telematics can also be termed as crash-resistant black box which receives wireless information which is advance than the radio. The best features of this telematics are automatic crash notification (ACN). This feature helps the car to sense significant accident and also report them. The various features that the telematics provide are emergency assistance, good Samaritan assistance, roadside assistance and automatic collision notification. The market for the telematics is expected to grow exponentially as computer applications are developed to take advantage of the growing number of GPS units, increased processing power and widespread use of mobile devices. The future of telematics will be determined by the needs of fleet owners who continue to look for ways to cut costs, boost their productivity. Vehicle makers are likely to capitalize on this growth by installing OEM telematics solutions it will continue to develop smart cars that use telematics technology to deliver better results for customers. The automobile market is growing at highest growth rate and according to an article published by trading economics, in the year 2018 , the sales of vehicles in china will rise by 9.6% and around 2.29 million units would have been sold by the end of the month may in 2018. This shows that the increase in the production of the automobile around the globe will also increase the growth vehicle telematics market.
Key Questions Answered in Global Vehicle Telematics Market Report:-
Our Report offers:-
• What will the market growth rate, Overview and Analysis by Type of Global Vehicle Telematics Market in 2025?
• What are the key factors driving, Analysis by Applications and Countries Global Vehicle Telematics Market?
• What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Vehicle Telematics Market?
• Who are Opportunities, Risk and Driving Force of Global Vehicle Telematics Market?
• Who are the opportunities and threats faced by the vendors in Global Vehicle Telematics Market? Business Overview by Type, Applications, Gross Margin and Market Share
• What are the Global Vehicle Telematics Market opportunities, market risk and market overview of the Market?
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Top Key Players:
• PTC, Inc.
• Trimble Inc.
• Tomtom Telematics Bv
• Verizon Telematics, Inc.
• Mix Telematics International (PTY) Ltd
• Zonar Systems, Inc
• OCTO Telematics Ltd
• Omnitracs, LLC
• Masternaut Limited
• Microlise Group Ltd
• Inseego Corporation
• Volkswagen Commercial Vehicles
• many more.
Key Reasons to Purchase:
• To gain insightful analyses of the market and have comprehensive understanding of the Global Vehicle Telematics Market and its commercial landscape.
• Assess the Vehicle Telematics production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the Vehicle Telematics Market and its impact in the Global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for Global Vehicle Telematics Market.
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• Increasing adoption of NGTP would enhance the telematics service delivery
• Proliferation of telematics technology due to decreasing sensor and connectivity cost
• Growing government mandate for deploying vehicle tracking in commercial vehicles
• Rising demand for smartphones supplements the adoption of telematics solutions and services
• Increased communication, leading to security and privacy concern
• Complete network coverage and elimination of blind spots
Key Insights in the report:
• Historical and current market size and projection up to 2025
• Market trends impacting the growth of the global Vehicle Telematics market
• Analyze and forecast the Vehicle Telematics market on the basis of applications and reactor type
• Trends of key regional and country-level markets for applications and reactor type
• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
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Customize report of "Global Vehicle Telematics Market" as per customers requirement also available.
Global Vehicle Telematics Market is segmented on the basis of
• Provider Type
Market Segmentations in Details:
By Provider Type
• Transportation and Logistics
• Government and Utilities
• Travel and Tourism
• Media and Entertainment
• United Kingdom
• Rest of Europe
• South Korea
• Rest of Asia Pacific
• Rest of South America
Middle East & Africa
• South Africa
• Saudi Arabia
• Rest of MEA
Competitive Landscape: Global Vehicle Telematics Market
The global vehicle telematics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Vehicle telematics market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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