Get help now

The Commercial Telematics Market

  • Pages 2
  • Words 266
  • Views 611
  • dovnload



  • Pages 2
  • Words 266
  • Views 611
  • Academic anxiety?

    Get original paper in 3 hours and nail the task

    Get your paper price

    124 experts online

    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 The 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. 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 The 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…

    This essay was written by a fellow student. You may use it as a guide or sample for writing your own paper, but remember to cite it correctly. Don’t submit it as your own as it will be considered plagiarism.

    Need a custom essay sample written specially to meet your requirements?

    Choose skilled expert on your subject and get original paper with free plagiarism report

    Order custom paper Without paying upfront

    The Commercial Telematics Market. (2018, Jul 18). Retrieved from

    Hi, my name is Amy 👋

    In case you can't find a relevant example, our professional writers are ready to help you write a unique paper. Just talk to our smart assistant Amy and she'll connect you with the best match.

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