Global Commercial Telematics Market Growing at 17.7% to 2019

RnRMarketResearch.com adds "Commercial Telematics Market [OEM & Aftermarket, Solutions (Fleet Management, Navigation & Location Based, Infotainment, V2V, V2I, Insurance, Telehealth, Alarm Monitoring), Professional Services] - Global Market Forecasts & Analysis (2014 - 2019)" to its store.

DALLAS, April 23, 2014 /PRNewswire-iReach/ -- The report on the commercial telematics market analyses the overall market by types of solution providers, by types of solutions, and professional services. The report also focuses on the usage by end users and the adoption across different regions classified as North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America. Among all the regions, the security of fleet and passenger cars is the main application of telematics. Traditionally, there has been significant demand for Stolen Vehicle Tracking (SVT) within the certain market segments of U.K. and Italy. In the emerging markets such as China and Russia, the telematics market is increasing at a higher rate due to the rise in theft rates and concern among the drivers about this. These high theft rates in Brazil have led the government to introduce a mandate for SVT to be fitted as a standard in all new vehicles, in order to combat this growing problem.

(Photo: http://photos.prnewswire.com/prnh/20140423/77525)

Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=168934 .

Recently, the latest trend emerging in telematics market is the growth of traffic information services. These services alert the users in well in advance, thereby, avoiding road accidents. Majority of telematics vendors have installed and configured these services into the embedded devices. These include Audi and BMW, who have announced the launch of TPEG IP, a next generation of traffic information services delivered over a cellular channel. On the other hand, Toyota and Ford have launched new traffic information services in the U.S. These services have enabled the telematics vendors to enhance the safety and security applications.

Over the period of next five years, the major applications that would be driving this market are convenience, infotainment, automotive data services, PAYD Insurance and Electronic Tolling. These emerged applications have enabled vendors to develop new sophisticated solutions which are aligned with the needs of different verticals. These applications would influence the growth of markets such as insurance, government and utilities, and automotive sector. Although, it is expected that all of these applications will grow in the future, some would grow faster depending on the increase in demand and legislative mandates. Among all the major end users, insurance, healthcare, agriculture and utilities will grow at a faster rate as compared to other verticals.

9 Company Profiles
9.1 General Motors
9.2 Masternaut
9.3 Mix Telematics
9.4 Omnitracs
9.5 Orbcomm
9.6 Telogis
9.7 Tomtom
9.8 Trimble
9.9 Verizon
9.10 Volvo

Comprehensive Table of Contents and more for the report "Commercial Telematics Market [OEM & Aftermarket, Solutions (Fleet Management, Navigation & Location Based, Infotainment, V2V, V2I, Insurance, Telehealth, Alarm Monitoring), Professional Services] – Global Market Forecasts & Analysis (2014 – 2019)" is available at http://www.rnrmarketresearch.com/commercial-telematics-market-oem-aftermarket-solutions-fleet-management-navigation-location-based-infotainment-v2v-v2i-insurance-telehealth-alarm-monitoring-professional-services-gl-market-report.html .

About Us:

RnRMarketResearch.com is a database of selected syndicated market reports for global and China industries including but not limited to life sciences, information technology & telecommunications, consumer goods, food and beverages, energy and power, automotive and transportation, manufacturing and construction, materials and chemicals, public sector as well as business and financial services. We provide 24/7 online and offline support to our customers. Email your reqyurement details on sales@rnrmarketresearch.com This e-mail address is being protected from spambots. You need JavaScript enabled to view it and we would be happy to help you find the business intelligence that you need

Media Contact: Priyank Tiwari, ReportsnReports, +18883915441, sales@rnrmarketresearch.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE ReportsnReports



2014

Categories

Business, Science & Tech


Tags

Computer Electronics, Surveys, Polls and Research




Featured Video

Need Help