Press release
Rising Demand Drives Commercial Vehicle Telematics Market Healthy Growth by 2022
The report on the global commercial vehicle telematics market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
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Regionally, the global market for commercial vehicle telematics is segmented as Europe, Latin America, Asia-Pacific, Middle East & Africa and North America. Among these, Asia Pacific is anticipated to observe maximum growth in the market for commercial vehicle telematics over the forecast period owing to strength of untapped market, escalating awareness associated with the safety of driver as well as accident prevention, upcoming rules for improving road safety, existence of top OEM players, rising logistics and transportation industries, and introduction of 4G LTE technology as well as smart phones.
MARKET SEGMENTATION
This report analyzes the commercial vehicle telematics market by the following segments:
Commercial Vehicle Telematics Market, by Type
1. Solution
2. Service
Commercial Vehicle Telematics Market, by Provider Type
1. OEM
2. After Market
Commercial Vehicle Telematics Market, by Vertical
1. Transportation and Logistics
2. Media and Entertainment
3. Government and Utilities
4. Travel and Tourism
5. Construction
6. Healthcare
7. Education
Browse Report: https://www.scalarmarketresearch.com/market-reports/commercial-vehicle-telematics-market
About Scalar Market Research
Scalar Market Research Inc. aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.
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