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Commercial Vehicle Telematics Market 2021 | Global Forecast Analysis 2027

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ReportCrux Market Research
Commercial Vehicle Telematics Market 2021 | Global Forecast Analysis 2027

Commercial Vehicle Telematics Market Size

Commercial Vehicle Telematics Market is estimated to grow from USD 10.61 Billion in 2019 to reach USD 43.69 Billion by 2027, at a CAGR of 19.4% during the forecast period from 2020-2027.

Increasing adoption of telematics solutions is mainly due to price reduction in sensors and connectivity, increasing penetration of smartphones and growing adoption of Next Generation Threat Prevention (NGTP) solutions.

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Commercial Vehicle Telematics Companies

Here are 14 of the best  Commercial Vehicle Telematics Companies analysis

  • Trimble Inc.
  • PTC, Inc.
  • TomTom Telematics BV
  • Mix Telematics International (Pty) Ltd
  • Verizon Telematics, Inc.
  • Octo Telematics Ltd.
  • Zonar Systems, Inc.
  • Masternaut Limited.
  • Inseego Corporation
  • Microlise Group Ltd.
  • Volkswagen Commercial Vehicles
  • Omnitracs, LLC among others.

Market Overview

The market report covers a basic overview of the market from the industry perspective. This will help the reader to get a gist about different industry dimensions from a manufacturer’s view. The report divides the market into different sections and is comprised of market revenue (value) by segments.

The report provides market data from 2016 till 2027, wherein, 2016 to 2018 will be historic years, 2019 would be the base year and 2020 to 2027 will be forecast years. The report provides different statistics and figures and charts that will help analyze trends and global Commercial Vehicle Telematics market share along with its growth rate in different regions and countries.

Key players across the globe are profiled in the report along with its company landscaping. Product portfolio for each company, recent developments and company strategies are covered along with the company financials.

Segmental and Geographic Analysis

The report describes in detail market segmentation by dividing the market based on its Type, Provider Type, Application and region and is analyzed from 2016 to 2027 by value and volume. All the segments are evaluated by taking into consideration the historic and future trends. All the segments with the dominating & fastest growing sub-segments and the factors responsible for the same are studied and are mentioned in the report.

Evident quantitative as well as qualitative insights about the segments are covered in the report along with forecast analysis of all the segments that expected to alter the market in the future are described in detail. The segmental analysis also highlights details about different aspects that will influence the market.

Based on the Type, the global market is segmented into Services, Managed services, Professional services, Fleet tracking and monitoring and Solutions. Based on the Provider Type, the global market is segmented into Aftermarket, Original equipment manufacturer (OEM), Driver management, Insurance Telematics and Safety and compliance. Based on the Application, the global market is segmented into Transportation and Logistics, Government and Utilities, Media and Entertainment, Construction and Travel and Tourism. Trend analysis for all the segments is provided in detail in the report.

Market is divided regionally and by country level into North America (U.S. Canada & Rest of North America), Europe (U.K., Germany, France, Italy, Spain, Russia & Rest of Europe), Asia Pacific (China, Japan, India, Australia, Southeast Asia & Rest of Asia Pacific), Latin America (Brazil, Mexico & Rest of Latin America) and Middle East and Africa (Saudi Arabia, South Africa, UAE & Rest of Middle East and Africa).

The report gives the pursuer the complete idea and understanding of the market and the regional and country level value and volume scenario and essentials for the industry. Current market insights on the regional level are studied and centered while market estimation, thus giving the reader a specialized idea & plans, financial as well as recent market advancements globally.

Commercial Vehicle Telematics Market Segmentation

By Type

  • Services

o Managed services

o Professional services

 Consulting

 System Integration and Deployment

 Support and Maintenance

  • Solutions

o Fleet tracking and monitoring

 Location Tracking

 Dynamic Routing

 Remote Diagnostics

 Engine Predictive Maintenance

 Fuel Management

o Driver management

 Driver Behavior Assessment

 Driver Information System

 Drive Time Analysis

o Insurance Telematics

o Safety and compliance

o V2X solutions

o Others

By Provider Type

  • Aftermarket
  • Original equipment manufacturer (OEM)

By Application

  • Transportation and Logistics
  • Government and Utilities
  • Media and Entertainment
  • Construction
  • Travel and Tourism
  • Healthcare
  • Others

By Region
• North America
• Latin America
• Europe
• Asia-Pacific
• Middle-East & Africa

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