Press release
Commercial Telematics Market: Growing at a CAGR of 18.0% between 2016 and 2021
Request Sample Report: http://www.zionmarketresearch.com/sample/commercial-telematics-market
Commercial telematics is used in a variety of applications such as infotainment, insurance telematics, fleet/asset management, satellite navigation, telehealth solutions, and others like including emergency warning systems. Commercial telematics are fleet- and trucking-segment-targeted automotive information and communication technologies to use embedded technology and mobile & aftermarket devices. Commercial telematics is used in number of end-use industries such as healthcare, construction, transportation and logistics, government and utilities, insurance, and manufacturing.
Increasing demand for connectivity and increasing application across various industries, mainly in the healthcare and insurance sector are expected to be the major drivers for the global commercial telematics market. Rising market penetration of smart phones, reducing connectivity cost, accessibility of high speed internet technologies is expected to support the commercial telematics market growth in the near future. However, high cost of telematics equipment and lack of awareness may curb the demand for commercial telematics within the forecast period.
Request TOC (Table of Contents) of this report: http://www.zionmarketresearch.com/toc/commercial-telematics-market
The commercial telematics market is segmented on the basis of different types including OEM telematics and aftermarket telematics. OEM Telematics was one of the leading segments and it accounted for significant share of entire global commercial telematics market in 2015. Aftermarket Telematics was another key outlet for embedded system market which is accounted for over 58% share of the total market in 2015.
The commercial telematics market is segmented into applications such as insurance telematics, fleet / asset management, satellite navigation, infotainment, remote alarm and monitoring, telehealth solutions and others. Fleet and asset management application dominated the market with over 28% of the total commercial telematics market share in 2015. Growing demand from another application segment such as insurance telematics and infotainment sector is also expected to support market growth in the coming years.
Commercial telematics market was dominated by transportation and logistics segment in 2015 and which accounted for more than 54% share of the overall market. Insurance and healthcare is expected to witness the significant growth in the years to come.
Do Inquiry before buying: http://www.zionmarketresearch.com/inquiry/commercial-telematics-market
North America acquired the majority of share for commercial telematics market due to the demand for transportation and logistics. Europe is expected to be the fastest growing region in next few years. Demand from countries such as Japan, China, India, and Australia is anticipated to drive the Asia Pacific commercial telematics market in the years to come.
Some of the key players in commercial telematics market include AT&T, Verizon Communications Inc., MiX Telematics Ltd., Trimble Navigation Limited, TomTom, OnStar LLC.,BMW, Verizon, and Telefonica.
This report segments the global commercial telematics market as follows:
Global Commercial Telematics Market: Type Segment Analysis
OEM Telematics
Aftermarket Telematics
Global Commercial Telematics Market: Application Segment Analysis
Insurance Telematics
Fleet / Asset Management
Satellite Navigation
Infotainment
Remote Alarm and Monitoring
Telehealth Solutions
Global Commercial Telematics Market: End-Users Segment Analysis
Healthcare
Construction
Transportation and Logistics
Government and Utilities
Insurance
Browse report at: http://www.zionmarketresearch.com/report/commercial-telematics-market
Global Commercial Telematics Market: Regional Segment Analysis
North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa
About Us
Zion Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Zion Market Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Contact US:
Zion Market Research
4283, Express Lane,
Suite 634-143,
Sarasota, Florida 34249, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: http://www.zionmarketresearch.com
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: Growing at a CAGR of 18.0% between 2016 and 2021 here
News-ID: 358175 • Views: …
More Releases from zion market research
Shrink Film for Beverage Multipacks Market Valued at USD 1,410.42 Million in 202 …
The global shrink film for beverage multipacks market was valued at USD 1,410.42 million in 2024 and is projected to reach USD 2,718 million by 2034, growing at a CAGR of 6.78% between 2025 and 2034. The market growth is driven by increasing demand for cost-effective and eco-friendly packaging, rising consumption of beverages, and advancements in recyclable and sustainable film materials.
Shrink films - also known as shrink wraps - are…
Truffle Chocolate Market Valued at USD 1,382.68 Million in 2024, Expected to Sur …
The global truffle chocolate market was valued at USD 1,382.68 million in 2024 and is projected to reach USD 2,348.43 million by 2034, expanding at a CAGR of 5.44% between 2025 and 2034. The market is witnessing robust growth driven by increasing consumer demand for premium and artisanal confectionery, rising e-commerce penetration, and the growing popularity of gifting culture worldwide.
Truffle chocolates - known for their rich texture, indulgent flavor, and…
Grocery Locker in Supermarket Market Valued at USD 144.95 Million in 2024 - Expe …
The global grocery locker in supermarket market is experiencing steady growth, with an estimated value of USD 144.95 million in 2024, projected to reach USD 251.14 million by 2034. This growth is anticipated to occur at a CAGR of 5.65% between 2025 and 2034. The market's expansion is primarily fueled by increasing consumer demand for contactless shopping solutions, the rise of e-commerce and click-and-collect services, and the need for labor…
Philippines Warehousing Market Size to Reach USD 1,871.98 Million by 2034, Growi …
According to the latest industry analysis by Zion Market Research, the Philippines warehousing market was valued at approximately USD 781.3 million in 2024 and is projected to reach nearly USD 1,871.98 million by 2034, expanding at a CAGR of around 8.4% between 2025 and 2034. The study provides an in-depth analysis of market trends, growth drivers, challenges, and opportunities shaping the future of the warehousing industry in the Philippines.
🏭 Overview
Warehousing…
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,…
