Global Commercial Vehicle Telematics Market 2017-2021


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Technavio

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About Commercial Vehicle Telematics

The telematics system involves the integrated use of telecommunications that facilitates communication (sending, receiving, and storing information) in the vehicle. The telematics system receives information from different sensors such as airbags, vehicle speed, advanced driver assistance system, braking system, and transmission control system. The global automotive telematics market is dominated by the commercial vehicles segment as nearly two-thirds of the global automotive telematics market was occupied by the segment in 2016.

Technavios analysts forecast the global commercial vehicle telematics market to grow at a CAGR of 14.19% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global commercial vehicle telematics market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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

Technavio's report, Global Commercial Vehicle 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.

Key vendors
Continental
TomTom
Trimble
Verizon

Other prominent vendors
AT&T
Bynx
Ericsson
Luxoft
Magneti Marelli
Masternaut
Octo Telematics
Omnitracs
Bosch
Telenav
Valeo

Market driver
High demand for fleet management solutions in the logistics sector
For a full, detailed list, view our report

Market challenge
Issues arising due to data insecurity
For a full, detailed list, view our report

Market trend
Growing adoption of usage-based insurance (UBI) model
For a full, detailed list, view our report

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?

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