Press release
Commercial Telematics Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027
The global commercial telematics market is anticipated to grow at a considerable CAGR of 15.8% during the forecast period (2020-2026). The increase in technological advancements by the key providers of commercial telematics solutions & services to differentiate their product offerings to remain competitive in the global market is a key factor to drive the growth of the global commercial telematics market. For instance, in February 2021, Bright Box HK Ltd., a telematics solution provider entered into a partnership with My Policy Group, a UK-based provider of services across intermediation, and product design for niche telematics motor insurance. My Policy has launched a usage-based insurance product, JURNY, in which Bright Box and part of Zurich Insurance Group both will be involved to enable rapid growth of the company.A full report of Commercial Telematics Market is available at: https://www.omrglobal.com/industry-reports/commercial-telematics-market
Besides, in February 2021, Skoda Auto introduced a traffication infotainment application, which aims to improve driver safety by alerting drivers about forthcoming traffic hazards, which reduces the chances of road accidents and reducing the risk of wrong-way driving on motorways. This application is available in the models of Skoda including Scala, Kamiq, Karoq, Kodiaq, and others. The application is developed after a long-term collaboration between Skoda and Bosch. Thus, the growing efforts of major market players to make advancements in their solutions to gain competitive position s are anticipated to drive the market growth.
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/commercial-telematics-market
Market Coverage
• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered-
o By solution
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
• Others (Fuel Monitoring)
By End-User
• Insurance
• Government and Utilities
• Healthcare
• Media and Entertainment
• Transportation & Logistics
• Others (Manufacturing)
By Distribution Channel
• OEM
• Aftermarket
For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/commercial-telematics-market
Commercial Telematics Market– Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• Actsoft Inc.
• Agero Inc.
• AirIQ Inc.
• Aplicom Ltd.
• Box Telematics Ltd.
• Calapm Corp.
• Ctrack (Inseego Corp.)
• Continental AG
• Geotab Inc.
• GPS Insight
• Infotrack Telematics Plc
• Mix Telematics Ltd.
• Octo Telematics S.p.A
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Commercial Telematics Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027 here
News-ID: 2440797 • Views: …
More Releases from Orion Market Research
Environment Conservation and Wildlife Organization Market Rising Demand and Grow …
In 2023, the global market for environment, conservation, and wildlife organizations was approximately USD 26.2 billion, and by 2033, it is projected to reach around USD 41.5 billion, reflecting a compound annual growth rate (CAGR) of approximately 5.0% from 2024 to 2033.
Environment Conservation and Wildlife Organization Market Overview
The environment, conservation, and wildlife organizations market is experiencing steady growth, driven by increasing public awareness of environmental issues and the need for…
Wooden Furniture Market Size Analysis, Competitive Insights, Leading Players and …
In 2023, the global wooden furniture market was valued at approximately USD 235.3 billion, and by 2033, it is projected to reach around USD 327.7 billion, reflecting a compound annual growth rate (CAGR) of approximately 3.4% from 2024 to 2033.
Wooden Furniture Market Overview
The global wooden furniture market is experiencing steady growth, driven by increasing consumer demand for sustainable and aesthetically pleasing home furnishings. Factors such as rising disposable incomes, urbanization,…
Warehouse Management Systems Market Size Analysis, Competitive Insights, Leading …
In 2023, the global Warehouse Management Systems (WMS) market was approximately USD 3.2 billion, and by 2033, it is expected to reach around USD 9.4 billion, reflecting a compound annual growth rate (CAGR) of approximately 11.4% from 2024 to 2033.
Warehouse Management Systems Market Overview
The Warehouse Management Systems (WMS) market is rapidly growing as businesses increasingly seek to optimize their supply chain and inventory management processes. WMS solutions help improve operational…
Space Technology Market Rising Demand and Growth Forecast Through 2033
The global space technology market was valued at approximately USD 443.20 billion in 2023, and is projected to grow to about USD 916.85 billion by 2033, representing a compound annual growth rate (CAGR) of roughly 7.54% during the period from 2024 to 2033.
Space Technology Market Overview
The space technology market is experiencing strong expansion, driven by a surge in satellite innovation, advances in launch systems, and a growing wave of commercial…
More Releases for Telematics
Construction Equipment Telematics Market Is Booming Worldwide | Rosenberger Tele …
The latest study released on the Global Construction Equipment Telematics Market by AMA Research evaluates market size, trend, and forecast to 2030. The Construction Equipment Telematics market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Download…
Telematics Market SWOT Analysis, Business Growth Opportunities by 2032 | MiX Tel …
The latest Global Telematics Market research report 2022 provides detailed information about the market overview, prevalent trends, demand, and recent developments impacting the market growth during the upcoming years. The Telematics market report also covers the market size, share, potential growth, and market strategy followed by prominent players. This report also includes profiles for major companies within the market. The report focuses on the Telematics Market size, segment share (product…
Drone Telematics Market 2021 Strategic Assessments - Octo Telematics, Verizon Te …
The Global Drone Telematics Market Size, Status and Forecast 2021
The Global Drone Telematics Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances…
Coronavirus Impact Assessment on Insurance Telematics Market 2020-25 Business In …
Telematics car insurance is when your insurance provider monitors your driving habits and adjusts your car insurance premiums based on how you drive. Provider will be able to track things like your driving speed, how you brake and how you handle corners.
The research report on 'Insurance Telematics market' is now available with Market Growth Insight with detailed study on crucial factors, such as drivers, hampering factors, strengths, weakness, trends,…
What's driving the Drone Telematics Market trends? Octo Telematics, Verizon Tele …
Market Research Intellect has recently published a report on the Global Drone Telematics Market, which presents a detailed market analysis and gives accurate market forecasts for the coming years. The study serves as an exhaustive database for any individual or company interested in the Drone Telematics sector, offering essential information about the industry to help readers make strategic investments. The study includes vital information about the market, which is pictorially…
Global Telematics Software Market 2019, Global Telematics Software Market Price, …
Global Telematics Software Market Growth (Status and Outlook) 2019-2024 gives detailed insight, industry knowledge, analytics, and market forecasts for 2019 to 2024 time period. The report provides market-driven results derived from feasibility studies for client needs. The report verifies qualified and verifiable aspects of Telematics Software market data operating in the real-time scenario. The research study aims to assist industry leaders to make confident capital investment decisions, develop strategic plans,…
