Global Commercial Telematics Market to Grow Exponentially Due to Accelerated Adoption

Transparency Market

Research

Commercial Telematics Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast

2014 – 2020

Published Date

2014-10-30

119 Page Report

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Press Release

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

REPORT DESCRIPTION

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:

http://www.transparencymarketresearch.com/commercial-telematics-market.html

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 industries.

The report also provides a breakdown and...