Press release
Commercial Telematics Market Shaping from Growth to Value
Commercial Telematics
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Global Commercial Telematics Market Overview:
Government regulations of vehicles telematics will lead to driving global commercial telematics market. It is technology that links computers and telecom services and permits the transfer of large amounts of information in vehicles in real-time. Telematics is a procedure of monitoring the location as well as a movement of the vehicle by a combination of Global Positioning System (GPS) and onboard diagnostics systems. The commercial telematics is extensively used in industries for transmitting real-time information to the devices. This technique is majorly adopted by fleet management companies, automobile insurance companies, and others to monitor the location and behavior of the vehicle. The telematics products used by a light, medium, and heavy commercial automobiles are the vital components of the global commercial telematics market. According to AMA, the Global Commercial Telematics market is expected to see growth rate of 15.9%
Market Drivers
Rising Demand Due To High-Speed Web Technologies
Up Surging Demand in Transportation and Logistics Industry
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Market Trend
Government Mandates Pertaining To the Installation of GPS Trackers and Satellite Navigation
High Demand Of Connected Vehicles Solutions
Restraints
Rising Threat of Data Hacking
High Installation Cost
Unavailability of Uninterrupted & Seamless Connectivity
Opportunities
Increasing Penetration in Healthcare As well as Insurance
Competitive Landscape:
Some of the key players profiled in the report are Cartrack (South Africa), Daimler Fleetboard GmbH (Germany), Verizon Communications, Inc. (United States), Fleet Complete (Canada), Geotab Inc. (Canada), Microlise (United Kingdom), Mix Telematics (South Africa), Navistar Inc. (United States), Omnitracs (United States), TomTom Telematics BV (Netherlands) and Trimble Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Zonar Systems (United States), Masternaut Limited (United States) and Fleetcor (United States). Analyst at HTF MI see United States Players to retain maximum share of Global Commercial Telematics market by 2024. Considering Market by End User, the sub-segment i.e. Transportation and Logistics will boost the Commercial Telematics market.
Market Highlights:
14th February 2019, Daimler Fleetboard GmbH has acquired habbl logistics application for expansion of its transport management services.
On 21st February 2019, Omnitracs LLC has upgraded its cloud-based fleet management platform, Omnitracs One, under a new partnership with Red Hat to accelerate the development of new capabilities enabled by technology from the open-source specialist
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Commercial Telematics market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Commercial Telematics market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Commercial telematics manufacturing companies, Automotive Original Equipment Manufacturers, Information technology companies, Investors and Venture Capitalists, Commercial telematics providers, Industry Associations, Government Regularity Bodies, Private and Government research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
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Major Highlights of TOC:
Chapter One: Global Commercial Telematics Market Industry Overview
1.1 Commercial Telematics Industry
1.1.1 Overview
1.1.2 Products of Major Companies
1.2 Commercial Telematics Market Segment
1.2.1 Industry Chain
1.2.2 Consumer Distribution
1.3 Price & Cost Overview
Chapter Two: Global Commercial Telematics Market Demand
2.1 Segment Overview
2.1.1 APPLICATION 1
2.1.2 APPLICATION 2
2.1.3 Other
2.2 Global Commercial Telematics Market Size by Demand
2.3 Global Commercial Telematics Market Forecast by Demand
Chapter Three: Global Commercial Telematics Market by Type
3.1 By Type
3.1.1 TYPE 1
3.1.2 TYPE 2
3.2 Commercial Telematics Market Size by Type
3.3 Commercial Telematics Market Forecast by Type
Chapter Four: Major Region of Commercial Telematics Market
4.1 Global Commercial Telematics Sales
4.2 Global Commercial Telematics Revenue & market share
Chapter Five: Major Companies List
Chapter Six: Conclusion
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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com
About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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