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Commercial Telematics Market Prediction by 2025 | $144.44 Billion Industry Worldwide

04-10-2019 04:46 PM CET | Logistics & Transport

Press release from: Allied Market Research

Commercial Telematics Market Prediction by 2025 | $144.44

Increase in adoption of connectivity solutions, government regulations for promoting installation of vehicle telematics, rise in demand for intelligent transportation systems, and improved performance of autonomous vehicles would drive the growth of the global commercial telematics market.

According to the report, the global commercial telematics market was pegged at $27.07 billion in 2017 and is expected to account $144.44 billion by 2030, registering a CAGR of 13.8% through 2030.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/235

"The report provides extensive analyses of the market dynamics, key market segments, top-winning strategies, top investment pockets, and competitive landscape."

Growing trend of connectivity solutions and increasing need for easy diagnosis of vehicles drive the growth of the market. Moreover, government regulations for vehicle telematics supplement the growth of the market. However, concerns related to data hacking, the high cost of installation, and lack of uninterrupted & seamless internet connectivity hamper the market growth. On the contrary, the development of intelligent transportation systems and improved performance of autonomous vehicles are expected to create promising opportunities for the market players in the coming years.

Flat 20% Discount on this Report: https://www.alliedmarketresearch.com/checkout/361055
* Offer Valid Till 20th April 2019

•OEM segment to create lucrative opportunities through 2030

•Services segment to manifest the fastest growth through 2030

•Transportation and logistics segment to hold lion's share through 2030

•North America to dominate the market throughout the forecast period

Major market players

The major market players analyzed in this report include Cartrack, Fleet Complete, Microlise, Mix Telematics, Omnitracs, Trimble Inc., Zonar Systems, Daimler Fleetboard GmbH, Geotab Inc., Masternaut Limited, Navistar Inc., TomTom International BV, and Verizon Connect.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/235

About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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