DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/bzjvdd/commercial) has announced the addition of the "Commercial Telematics Market by Type, Solutions, Services, User Type, Region - Global Market Forecast & Analysis (2015-2020)" report to their offering.
The global market is expected to grow from USD 20.02 Billion in 2015 to USD 47.58 Billion to 2020, at a compound annual growth rate (CAGR) of 18.9% during the forecast period 2015-2020.
The telematics market is rapidly moving towards intelligent, addressable, embeddable devices, enabling seamless communication between every device. The emergence of embeddable devices has raised the telematics capabilities across a wide spectrum of industries. These devices enable real-time control and monitoring to take preventive actions in case of any anomalies. The capability to provide real-time analytics and fulfill demand-based load generation makes these devices unique and beneficial.
Telematics systems are largely built by two vendor segments: OEMs and aftermarket solution providers. OEMs primarily focus on building embedded modules, so they can have control over entire system failures and can alert the users in advance. They are also primarily focusing on applications such as remote diagnostics and infotainment, enriching the user's experience and reducing extra cost. Aftermarket solution providers are engaged in providing services such as emergency response, roadside assistance, turn by turn navigation, and curbside assistance.
The telematics market for industries such as insurance and healthcare is anticipated to grow steadily during the forecast period, due to rapid development in connectivity solutions such as wireless and cellular modules and use of predictive analysis enabling the end user to reduce cost and enhance the operational efficiency.
The overall market is expected to continuously increase, while North America continues to dominate the market and countries in Europe and APAC economies such as Japan, China, and Brazil has huge potential, primarily due to upcoming government regulations.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Global Commercial Telematics Market Analysis, By Type
7.3.2 Portable Aftermarket Systems
7.3.3 Others
8 Global Commercial Telematics Market Analysis, by Solution
9 Global Commercial Telematics Market Analysis, by Service
10 Global Commercial Telematics Market Analysis, by Type of User
11 Commercial Telematics Market Analysis, by Region
12 Competitive Landscape
13 Company Profiles
- Masternaut
- Mix Telematics
- Omnitracs
- Onstar
- Orbcomm
- Telogis
- Tomtom
- Trimble Navigation
- Verizon Enterprise Solutions
- Wireless Car
For more information visit http://www.researchandmarkets.com/research/bzjvdd/commercial
