Commercial Telematics Market, By Type (Solutions and Services), By Vehicle (Passenger cars and Commercial vehicles), By Product (Hardware and Software), By Provider (Aftermarket and OEM) by Region (North America, Europe, Asia Pacific and RoW) ? Analysis, Share, Trends, Size, & Forecast From 2017 ? 2028
Market Executive Summary
REPORT HIGHLIGHT The Commercial Telematics market is estimated to represent a global market of USD 20.53 billion by 2017 with growth rate of 23.8%.
Market Dynamics
The global commercial telematics is majorly driven by the digitization of vehicles. Companies such as DirectLine, Ctrack, Octo Telematics, and Insure The Box Limited are few players that now integrate telematics with insurance. Over the coming years, new vendors are expected to enter this market on account of the growth potential in this space, supporting the industry growth. The market has been segmented on the basis of solution, services, vehicle type, product, and source. In terms of different solution, fleet management solution emerged as the dominant solution segment in 2017 and accounted for 35% of the overall market revenue share.
Service Type Takeaway
Depending upon service type, consulting and design services dominated the market accounting to over 40% of the share in 2017. Cost-effectiveness of this service and low-cost vehicle tracking is one of the major reason for the service to boom in the commercial telematics market.
Key Vendor Takeaway
The telematics market is consolidated in nature and highly competitive. Key players such as PTC, Inc., Octo Telematics, Verizon, Fleetmatics, Mix Telematics, Omnitracs LLC, and TomTom Telematics are covered under the study scope. Many key companies are focusing on developing novel product portfolio. Fleetmatics is one of the leading companies in the Americas with about 600,000 functional units present in the region.
The acquisition of Telogis by Verizon in has made the market more competitive. Maximum automobile manufacturers with significant presence such as Ford, Scania, and Volvo nowadays provide pre-installed OEMs and fleet telematics devices and solutions either through partnership or independent in the Americas. The awareness of telematics is increasing in Central & South America and solutions and services provided by the OEMs are estimated to rise in the coming years.
The market size and forecast for each segment and sub-segments has been considered as below:
Historical Year ? 2017 ? 2021
Base Year ? 2021
Estimated Year ? 2022
Projected Year ? 2028
TARGET AUDIENCE
Traders, Distributors, and Suppliers
Manufacturers
Government and Regional Agencies
Research Organizations
Consultants
Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY TYPE
Solutions
Navigation & location-based systems
Insurance telematics
Infotainment systems
Safety & security
Fleet/Asset management
Remote alarm & incident monitoring solutions
V2X
Others
Services
Consulting & design
Integration & deployment
Maintenance & training services
MARKET, BY VEHICLE CATEGORY
Passenger cars
Commercial vehicles
BY PRODUCT
Hardware
Software
BY PROVIDER
Aftermarket
OEM
MARKET, BY REGION
North America
U.S.
Canada
Europe
Germany
France
Rest of Europe
Asia Pacific
India
China
Rest of APAC
Rest of the World
Middle East and Africa
Latin America
Table of Contents
TABLE OF CONTENT
1. COMMERCIAL TELEMATICS MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Key Market Facts
2.2. Geographical Scenario
2.3. Companies in the Market
3. COMMERCIAL TELEMATICS KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. COMMERCIAL TELEMATICS INDUSTRY STUDY
4.1. Porter?s Analysis
4.2. Market Attractiveness Analysis
4.3. Regulatory Framework Analysis
5. COMMERCIAL TELEMATICS MARKET LANDSCAPE
5.1. Market Share Analysis
6. COMMERCIAL TELEMATICS MARKET ? BY TYPE
6.1. Overview
6.1.1. Overview
6.1.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
6.2. Solutions
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
6.2.3. Navigation & location-based systems
6.2.3.1. Overview
6.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
6.2.4. Insurance telematics
6.2.4.1. Overview
6.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
6.2.5. Infotainment systems
6.2.5.1. Overview
6.2.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
6.2.6. Safety & security
6.2.6.1. Overview
6.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
6.2.7. Fleet/Asset management
6.2.7.1. Overview
6.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
6.2.8. Remote alarm & incident monitoring solutions
6.2.8.1. Overview
6.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
6.2.9. V2X
6.2.9.1. Overview
6.2.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
6.2.10. Others
6.2.10.1. Overview
6.2.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
6.3. Services
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
6.3.3. Consulting & design
6.3.3.1. Overview
6.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
6.3.4. Integration & deployment
6.3.4.1. Overview
6.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
6.3.5. Maintenance & training services
6.3.5.1. Overview
6.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
6.3.5.3. Overview
6.3.5.4. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
7. COMMERCIAL TELEMATICS MARKET ? BY VEHICLE CATEGORY
7.1. Overview
7.1.1. Overview
7.1.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
7.2. Passenger cars
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
7.3. Commercial vehicles
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
8. COMMERCIAL TELEMATICS MARKET ? BY PRODUCT
8.1. Overview
8.1.1. Overview
8.1.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
8.2. Hardware
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
8.3. Software
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
9. COMMERCIAL TELEMATICS MARKET ? BY PROVIDER
9.1. Overview
9.1.1. Overview
9.1.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
9.2. Aftermarket
9.2.1. Overview
9.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
9.3. OEM
9.3.1. Overview
9.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
10. COMMERCIAL TELEMATICS MARKET? BY GEOGRAPHY
10.1. Introduction
10.2. North America
10.2.1. Overview
10.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
10.2.3. U.S.
10.2.3.1. Overview
10.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
10.2.4. Canada
10.2.4.1. Overview
10.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
10.3. Europe
10.3.1. Overview
10.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
10.3.3. France
10.3.3.1. Overview
10.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
10.3.4. Germany
10.3.4.1. Overview
10.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
10.3.5. Rest of Europe
10.3.5.1. Overview
10.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
10.4. Asia Pacific (APAC)
10.4.1. Overview
10.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
10.4.3. China
10.4.3.1. Overview
10.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
10.4.4. India
10.4.4.1. Overview
10.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
10.4.5. Rest of APAC
10.4.5.1. Overview
10.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
10.5. Rest of the World
10.5.1. Overview
10.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
10.5.3. Latin America
10.5.3.1. Overview
10.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
10.5.4. Middle East and Africa
10.5.4.1. Overview
10.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Billion)
11. KEY VENDOR ANALYSIS
11.1. PTC, Inc.
11.1.1. Company Overview
11.1.2. SWOT Analysis
11.1.3. Key Developments
11.2. Octo Telematics
11.2.1. Company Overview
11.2.2. SWOT Analysis
11.2.3. Key Developments
11.3. Verizon
11.3.1. Company Overview
11.3.2. SWOT Analysis
11.3.3. Key Developments
11.4. Fleetmatics
11.4.1. Company Overview
11.4.2. SWOT Analysis
11.4.3. Key Developments
11.5. Mix Telematics
11.5.1. Company Overview
11.5.2. SWOT Analysis
11.5.3. Key Developments
11.6. Omnitracs LLC
11.6.1. Company Overview
11.6.2. SWOT Analysis
11.6.3. Key Developments
11.7. TomTom Telematics
11.7.1. Company Overview
11.7.2. SWOT Analysis
11.7.3. Key Developments
12. 360 DEGREE ANALYSTVIEW
13. APPENDIX
13.1. Research Methodology
13.2. Abbreviations
13.3. Disclaimer
13.4. Contact Us
List of Figures
List of Figures
Figure 1 Research Methodology
Figure 2 Research Process Flow Chart
Figure 3 Comparative Analysis, by Geography, 2017-2028 (Value %)
Figure 4 Value Chain Analysis
Figure 5 Commercial Telematics Market, by Type, 2017 ? 2028 (USD Billion)
Figure 6 Commercial Telematics Market, by Vehicle Category, 2017 ? 2028 (USD Billion)
Figure 7 Commercial Telematics Market, by Product, 2017 ? 2028 (USD Billion)
Figure 8 Commercial Telematics Market, by Provider, 2017 ? 2028 (USD Billion)
Figure 9 Commercial Telematics Market, by Geography, 2017 ? 2028 (USD Billion)
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