Global Commercial Telematics Market to Decline at a CAGR Of 18.42% During the Period 2017-2021

Dallas United States - August 17, 2017 /MarketersMEDIA/ —

Companies Mentioned: MiX Telematics, TomTom Telematics, Trimble, and Verizon, Actsoft, AirIQ, Ctrack, Daimler FleetBoard, Ituran Group, KORE Wireless Group, Masternaut, Octo Telematics (acquired by RENOVA GROUP), Omnitracs (acquired by Astrata Group), Teletrac Navman Group, Traceon, Trakm8, and Webtech Wireless.

Commercial Telematics is defined as the automated system designed for vehicles that incorporate communication systems for real-time information transfer to achieve efficient solutions. Auto manufacturers have diverse options for online connectivity in vehicles to deliver two-way communication. These options include embedded telematics, tethered telematics, and integrated smartphone telematics. The automobile industry has significantly transformed from mechanical or hydraulic control to accommodate the rapidly growing computer-based control systems during the last two decades. The addition of sensor-based intelligent vehicle functions is enabling in-vehicle digital systems. Telematics has three capabilities, namely two-way communications (wireless), location technology (geographic position), as well as a computing platform that controls automotive electronic systems. Telematics technology also has a decisive impact on automotive electronics systems such as automotive control systems, x-by-wire, and intelligent vehicle systems.

Analysts forecast the Global Commercial Telematics Market to Decline at a CAGR Of 18.42% During the Period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global commercial telematics market for 2017-2021. To calculate the market size, the report considers the revenue obtained from telematics solutions that include fleet/asset management, insurance, infotainment, navigation, telehealth, as well as remote alarm and monitoring. It also considers the revenue obtained from telematics services that include design and consulting, integration and deployment, as well as maintenance and training.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Global Commercial Telematics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
• MiX Telematics,
• TomTom Telematics,
• Trimble,
• Verizon

Other prominent vendors
• Actsoft
• AirIQ
• Ctrack
• Daimler FleetBoard
• Ituran Group
• KORE Wireless Group
• Masternaut
• Octo Telematics (acquired by RENOVA GROUP)
• Omnitracs (acquired by Astrata Group)
• Teletrac Navman Group
• Traceon
• Trakm8
• Webtech Wireless

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Market driver
• Advanced analytics on telematics data to reduce the severity risks

Market challenge
• Fleet tracking prices

Market trend
• Globalization of the telematics supply chain

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

Table of Contents
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
Market outline

PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis

PART 06: Market segmentation by product
Solutions
Services

PART 07: Market segmentation by end-user
Market size and forecast

PART 08: Market segmentation by platform
Embedded systems
Tethered systems
Smartphone integration systems

PART 09: Geographical segmentation
Americas
EMEA
APAC

PART 10: Decision framework

PART 11: Drivers and challenges
Market drivers
Market challenges

PART 12: Market trends
Advanced analytics on telematics data to reduce the severity risks
Optimized customer communication with insurance telematics
Availability of free telematics services

PART 13: Vendor landscape
Competitive scenario
Recent news

PART 14: Key vendor profiles
MiX Telematics
TomTom Telematics
Trimble
Verizon
Other prominent vendors

PART 15: Appendix

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