Commercial Telematics Market

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MarketsandMarkets Presents
Commercial Telematics Market (Solutions
Services) worth 39.15 Billion by 2019

http//www.marketsandmarkets.com/Market-Reports/co
mmercial-telematics-market-22050839.html
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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) segments the global
market into various sub-segments with in-depth
analysis and forecasting of revenues. It also
identifies the drivers and restraints for this
market with insights into trends, opportunities,
and challenges. Browse 62 market data Tables and
30 Figures spread through 169 Pages and in-depth
TOC on "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).http//www.marketsandma
rkets.com/Market-Reports/commercial-telematics-mar
ket-22050839.html Early buyers will receive 10
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atics-market-22050839.html
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The consumer and enterprise demands, for
telematics devices have increased over the period
of time. Enterprises are continuously leveraging
the benefits of telematics such as GPS fleet
tracking to help streamline overall operations
and detect anomalies for vehicle safety and fleet
management. In the consumer segment, the majority
of applications are automotive navigation,
infotainment solutions, real-time vehicle
information, and reporting. Also, the continuous
increase in the vehicle production and increase
in the use of infotainment devices would play a
crucial role in the growth of the telematics
market. Telematics industry has evolved from
traditional navigation services to new
opportunities in vehicle tracking, monitoring,
fleet management, route optimization, location
based services and traffic and weather
information. Telematics solutions can monitor the
fuel consumption and influence the Carbon dioxide
emission. These solutions enable the fleet
operators to track various parameters such as
driver behavior, vehicle/engine diagnostics, and
vehicle location tracking and curbing
unauthorized usage. Despite of Telematics
solutions benefits which include improved asset
and vehicle utilization reduced insurance
premiums, cost savings (fuel efficiency and
maintenance) and fewer accidents. Still, there is
one of the major barriers which hinder the growth
of telematics solutions is set-up and running
costs. Due to increasing set-up and running cost
fleet companies are reluctant towards installing
telematics devices to their existing systems.
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MarketsandMarkets has segmented the global
commercial telematics market by type of solution
providers OEM telematics, and aftermarket
telematics by types of solutions fleet
management, navigation and location-based,
infotainment, telehealth, insurance telematics,
V2V, V2I, remote monitoring and control
solutions by type of professional services
consulting and design, integration and
deployment, maintenance and training services by
types of end users construction, transportation
and logistics, healthcare, manufacturing,
insurance and government and utilities by
regions North America (NA), Asia Pacific (APAC),
Europe (EU), Middle East and Africa (MEA), and
Latin America (LA). MarketsandMarkets expects
that the global commercial telematics market to
be 17.31 billion in 2014 and is expected to grow
to 39.15 billion in 2019. This represents an
estimated Compound Annual Growth Rate (CAGR) of
17.7 from 2014 to 2019. In the current scenario,
NA is expected to be the largest market on the
basis of spending, and adoption for the
commercial telematics solutions and
services. Marketsandmarkets MarketsandMarkets
is a global market research and consulting
company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the world.

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