Global Commercial Vehicle Telematics market is driven by the high investments in the telematics market and the increased adoption of telematics by automobile manufacturers (OEM). Over the forecast period of 2018-2026, the market is expected to register a CAGR of 17.51%.
The global commercial vehicle telematics market is segmented on the basis of provider, end-users and type. The market providers include Aftermarket provider and Original Equipment Manufacturers (OEM). The market caters to end-users like Government & utilities, Construction, Healthcare, Media & Entertainment, Travel & tourism, and Transportation & Logistics. The global commercial vehicle telematics market by type is segmented into solutions and services.
North America, Asia-Pacific, Europe and rest of the world are the region into which the global commercial vehicle telematics market is segmented. Presently, North America dominates the global commercial vehicle telematics market. It is mainly prospering due to the high smartphone penetration, the presence of established ICT infrastructure and favourable government norms for vehicle telematics.
Some of the leading players in this market include Harman International, At&T Inc, Inseego Corp, Microlise Group Ltd, Masternaut Ltd, Mix Telematics International, Octo Telematics Ltd, Msd Telematics Pvt. Ltd, Omnitracs Llc, Tomtom Telematics Bv, Ptc Inc, Trimble Inc, Volkswagen Commercial Vehicles, Verizon Connect Inc, and Zonar System Inc.