We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

See Pricing

What's Your Topic?

Hire a Professional Writer Now

The input space is limited by 250 symbols

What's Your Deadline?

Choose 3 Hours or More.
Back
2/4 steps

How Many Pages?

Back
3/4 steps

Sign Up and See Pricing

"You must agree to out terms of services and privacy policy"
Back
Get Offer

Commercial Telematics Market is Estimated to Cross $24.7 Billion By 2020!

Hire a Professional Writer Now

The input space is limited by 250 symbols

Deadline:2 days left
"You must agree to out terms of services and privacy policy"
Write my paper

Telematics devices are used to transfer large amounts of information from the vehicle to infrastructure of other vehicles. The Commercial Telematics market is estimated to grow from $14.2 billion in 2014 to $24.7 billion in 2020, according to a report by IndustryARC. The growing demand for safety and security features in vehicles is set to drive the increased penetration of the market across geographic regions. The favorable governmental regulations, particularly in Europe will propel the market as adoption of commercial telematics rises. A recent report created by IndustryARC examines this market, as well as the various commercial vehicle telematics services currently utilized in the market and the geographical breakdown of the market.

Table of Contents and Insights @ http://industryarc.com/Report/1318/Commercial-Automotive-Telematics-Market.htmlThe Americas region is the largest geographic segment for commercial telematics globally followed by the Europe region. However APAC region is poised to grow at the highest CAGR through 2020 as awareness regarding telematics rises. The declining cost will also drive adoption in the price sensitive APAC region.

Don't use plagiarized sources. Get Your Custom Essay on
Commercial Telematics Market is Estimated to Cross $24.7 Billion By 2020!
Just from $13,9/Page
Get custom paper

The market for commercial telematics in RoW is forecast to grow at a slow rate due to a economic instability and lack of awareness regarding the telematics products.Request for Sample Brochure @ http://industryarc.com/pdfdownload.aspx?id=1318The Commercial telematics market has also been segmented based on services provided. The commercial telematics devices have been divided into Safety & Security Services, Entertainment Services, Infotainment and Navigation services, Fleet Management Services, User Based Insurance Services, Emergency Notification Services, Remote Diagnostic Services and Billing Services among others. The growing market for advanced driver assistance systems has propelled the adoption of safety and security systems such as driver behavior monitoring and automatic vehicle location…

Cite this Commercial Telematics Market is Estimated to Cross $24.7 Billion By 2020!

Commercial Telematics Market is Estimated to Cross $24.7 Billion By 2020!. (2018, Jul 18). Retrieved from https://graduateway.com/commercial-telematics-market-is-estimated-to-cross-24-7-billion-by-2020/

Show less
  • Use multiple resourses when assembling your essay
  • Get help form professional writers when not sure you can do it yourself
  • Use Plagiarism Checker to double check your essay
  • Do not copy and paste free to download essays
Get plagiarism free essay

Search for essay samples now

Haven't found the Essay You Want?

Get my paper now

For Only $13.90/page