Global Commercial Telematics Market CAGR Growth of 27.39% by 2020 - Trends, Technologies & Opportunities Report 2016-2020 - Key Vendors: TomTom Telematics, Trimble Navigation, Actsoft

Mar 03, 2016, 09:10 ET from Research and Markets

DUBLIN, March 3, 2016 /PRNewswire/ --

Research and Markets ( has announced the addition of the "Global Commercial Telematics Market 2016-2020" report to their offering.

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This comprehensive report predicts that the global commercial telematics market is set to grow at a CAGR of 27.39% during the 2016-2020 period. 

Commenting on the report, an analyst from the research team said: One of the major trend in the market is vehicle sharing telematics solutions. A sophisticated telematics tracking system manages the availability, access, and usage of vehicles for the emerging vehicle rental model, remotely. This system uses telematics units to provide all necessary captured data and operational control. 

According to the report, improved vehicle efficiency and safety is driving the market during the forecast period. Vehicle telematics is an integration of communication, vehicle monitoring systems, and location technology. It enables and enhances vehicle maintenance, thus preventing crashes. It also helps in remote vehicle diagnosis, data logging, and tracking real-time information about technical and mechanical maintenance work.

Further, the report states that high cost of fleet tracking hinders the market growth.

Questions Answered: 

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Companies Mentioned:  

  • AirIQ
  • Fleetmatics
  • MiX Telematics
  • TomTom Telematics
  • Trimble Navigation
  • Actsoft
  • Ctrack
  • FleetBoard
  • Kore Telematics
  • Masternaut
  • Octo Telematics
  • Omnitracs (Astrata Group)
  • OnStar
  • PeopleNet
  • Scania
  • Spireon
  • TeleNav
  • Teletrac
  • Telogis
  • Telular

Report Structure: 

PART 01: Executive summary 

PART 02: Scope of the report 

PART 03: Market research methodology 

PART 04: Introduction 

PART 05: Market landscape 

PART 06: Market segmentation by solution 

PART 07: Market segmentation by service 

PART 08: Market segmentation by end user 

PART 09: Market segmentation by technology 

PART 10: Geographical segmentation 

PART 11: Market drivers 

PART 12: Impact of drivers 

PART 13: Market challenges 

PART 14: Impact of drivers and challenges 

PART 15: Market trends 

PART 16: Vendor landscape 

PART 17: Appendix 

PART 18: About Author

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SOURCE Research and Markets