Commercial Telematics Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast
2014 – 2020
119 Page Report
Commercial Telematics Market to Grow at a Healthy 18.0%
CAGR, Owing to High Rate of Adoption in Global Industries
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Commercial Telematics Market
The commercial telematics market has gained significant momentum in recent years due to the features
and services offered by telematics solutions. This report provides a comprehensive strategic analysis of the
global market for commercial telematics along with the market size and growth forecast for the period
2012 - 2020. Commercial telematics broadly refers to a system using which an electronic or mechanical
device communicates with other devices or human users with the help of a telecommunication network.
Factors such as government regulations for mandatory use of telematics technology, wide adoption of
commercial telematics across various industries including insurance and infotainment, and increasing
partnerships between automobile manufacturers and telematics service providers has led to the growth of
global commercial telematics market. Furthermore, rising penetration of broadband and high speed longterm evolution (LTE) technologies across the globe and the increasing demand for high-end luxury cars is
driving the adoption and demand for commercial telematics.
Browse Research Report:
This research report on the commercial telematics market provides a detailed market analysis and helps
understand the driving forces behind the popularity of these systems across various end-use...