Commercial Telematics Market Analysis 2014 - 2020

Transparency Market Research

Commercial Telematics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

Published Date 30-Oct-2014

119 Page Report

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Commercial Telematics Market Expected to Reach USD 46.18 Billion by 2020 Globally:Transparency Market Research

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Commercial Telematics Market

REPORT DESCRIPTION

Commercial Telematics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 According to a new market report published by Transparency Market Research “Commercial Telematics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, the global commercial telematics market was valued at USD 14.67 billion in 2013 and is estimated to grow at a CAGR of 18.0% during the forecast period from 2014 to 2020. The growing adoption of commercial telematics in insurance and transportation and logistics industries has emerged as the most significant growth driver for the commercial telematics market. In 2013, North America was the largest market for commercial telematics with a share of 31.9% in terms of revenue owing to the significant demand for commercial telematics due to increased internet penetration and early adoption of technology. Browse Commercial Telematics Market Report with Full TOC at http://www.transparencymarketresearch.com/commercial-telematics-market.html Aftermarket telematics was the largest segment in terms of revenue in 2013 and accounted for around 59% share of the total commercial telematics market owing to applications such as satellite navigation and infotainment. In recent years, the market for OEM telematics is increasing as compared to aftermarket telematics owing to the increasing partnerships between automobile...