Press Resease

Commercial Telematics Market (OEM Telematics, Aftermarket Telematics) for Insurance Telematics, Fleet / Asset Management, Satellite Navigation, Infotainment, Remote Alarm and Monitoring, Telehealth Solutions and Other Applications : Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021

Published Date: 05-Aug-2016 Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-69 Status : Published

Global commercial telematics market was valued at USD 20.42 billion in 2015 and is expected to generate revenue of USD 55.14 billion by end of 2021.

Description

The report covers forecast and analysis for the commercial telematics market on a global and regional level. The study provides historic data of 2015 along with a forecast from 2016 to 2021 based revenue (USD BillionBillion). The study includes drivers and restraints for the commercial telematics market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the commercial telematics market on a global level.

In order to give the users of this report a comprehensive view on the commercial telematics market, we have include competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein type segments, application segments, and end-user segments are benchmarked based on their market size, growth rate and general attractiveness.

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new type launch, agreements, partnerships, collaborations & joint ventures, research& development, type and regional expansion of major participants involved in the market on the global and regional basis. Moreover, the study covers price trend analysis, type portfolio of various companies along with patent analysis (2011-2016) bifurcated into a patent trend, patent share by company and patent analysis according to the region.

The study provides a decisive view on the commercial telematics market by segmenting the market based on types, applications, end-users and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2015 to 2021. Based on types the market is segmented into OEM telematics and aftermarket telematics. Key application market covered under this study includes insurance telematics, fleet / asset management, satellite navigation, infotainment, remote alarm and monitoring, telehealth solutions and others. Based on end-users industries the market is segmented into healthcare, construction, transportation and logistics, government and utilities, insurance, and manufacturing.

The regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa with its further bifurcation into major countries including the U.S. Germany, France, UK, China, Japan, India, and Brazil. This segmentation includes demand for commercial telematics based on individual type, applications and end-users in all the regions and countries.

The report also includes detailed profiles of end players such as AT&T, Verizon Communications Inc., MiX Telematics Ltd., Trimble Navigation Limited, TomTom, OnStar LLC., BMW, Verizon, and Telefonica.

This report segments the global commercial telematics market as follows:
Global Commercial Telematics Market: Type Segment Analysis

  • OEM Telematics
  • Aftermarket Telematics 

Global Commercial Telematics Market: Application Segment Analysis

  • Insurance Telematics 
  • Fleet / Asset Management
  • Satellite Navigation
  • Infotainment
  • Remote Alarm and Monitoring
  • Telehealth Solutions

Global Commercial Telematics Market: End-Users Segment Analysis

  • Healthcare
  • Construction
  • Transportation and Logistics
  • Government and Utilities
  • Insurance

Global Commercial Telematics Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global commercial telematics market, 2015 – 2021 (USD Billion)
    • 2.2. Global commercial telematics market : Snapshot
  • Chapter 3. Commercial telematics – Market Dynamics
    • 3.1. Introduction
    • 3.2. Market drivers
      • 3.2.1. Global commercial telematics market drivers: Impact analysis
      • 3.2.2. Increasing application across various industries
      • 3.2.3. Government rules & regulations
    • 3.3. Market restraints
      • 3.3.1. Global commercial telematics market restraints: Impact analysis
      • 3.3.2. high cost of telematics equipment
      • 3.3.3. lack of awareness
    • 3.4. Opportunities
      • 3.4.1. Increasing digital insurance
      • 3.4.2. Integration of web & mobility
    • 3.5. Porter’s five forces analysis
      • 3.5.1. Bargaining power of suppliers
      • 3.5.2. Bargaining power of buyers
      • 3.5.3. Threat from new entrants
      • 3.5.4. Threat from new substitutes
      • 3.5.5. Degree of competition
    • 3.6. Market attractiveness analysis
      • 3.6.1. Market attractiveness analysis, by type segment
      • 3.6.2. Market attractiveness analysis, by application segment
      • 3.6.3. Market attractiveness analysis, by end-users segment
      • 3.6.4. Market attractiveness analysis, by regional segment
  • Chapter 4. Global Commercial telematics Market – Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global commercial telematics market: company market share, 2015
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Type Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development, Product and Regional Expansion
    • 4.3. Price Trend Analysis
    • 4.4. Product Portfolio
    • 4.5. Patent Analysis (2011-2016)
      • 4.5.1. Patent Trend
      • 4.5.2. Patent Share by company
      • 4.5.3. By Region
  • Chapter 5. Global Commercial Telematics Market – Type Segment Analysis
    • 5.1. Global commercial telematics market: Type overview
      • 5.1.1. Global commercial telematics market revenue share, by type, 2015 and 2021
    • 5.2. OEM Telematics
      • 5.2.1. Global OEM telematics market , 2015 – 2021(USD Billion)
    • 5.3. Aftermarket Telematics
      • 5.3.1. Global aftermarket telematics market , 2015 – 2021(USD Billion)
  • Chapter 6. Global Commercial Telematics Market – Application Segment Analysis
    • 6.1. Global commercial telematics market: Application overview
      • 6.1.1. Global commercial telematics market revenue share, by application, 2015 and 2020
    • 6.2. Insurance Telematics
      • 6.2.1. Global commercial telematics market for insurance telematics, 2015 – 2021 (USD Billion)
    • 6.3. Fleet / Asset Management
      • 6.3.1. Global commercial telematics market for fleet / asset management, 2015 – 2021(USD Billion)
    • 6.4. Satellite Navigation
      • 6.4.1. Global commercial telematics market for satellite navigation, 2015 – 2021 (USD Billion)
    • 6.5. Infotainment
      • 6.5.1. Global commercial telematics market for infotainment, 2015 - 2021(USD Billion)
    • 6.6. Remote Alarm and Monitoring
      • 6.6.1. Global commercial telematics market for remote alarm and monitoring, 2015 - 2021(USD Billion)
    • 6.7. Telehealth Solutions
      • 6.7.1. Global commercial telematics market for telehealth solutions, 2015 - 2021(USD Billion)
    • 6.8. Others
      • 6.8.1. Global commercial telematics market for other application , 2015 – 2021 (USD Billion)
  • Chapter 7. Global Commercial Telematics Market – End-User Segment Analysis
    • 7.1. Global commercial telematics market: End-user overview
      • 7.1.1. Global commercial telematics market revenue share, by end-users, 2015 and 2020
    • 7.2. Healthcares
      • 7.2.1. Global commercial telematics market for healthcare, 2015 – 2021 (USD Billion)
    • 7.3. Construction
      • 7.3.1. Global commercial telematics market for construction, 2015 – 2021(USD Billion)
    • 7.4. Transportation and Logistics
      • 7.4.1. Global commercial telematics market for transportation and logistics, 2015 – 2021 (USD Billion)
    • 7.5. Government and Utilities
      • 7.5.1. Global commercial telematics market for government and utilities, 2015 - 2021(USD Billion)
    • 7.6. Insurance
      • 7.6.1. Global commercial telematics market for insurance, 2015 - 2021(USD Billion)
  • Chapter 8. Global Commercial Telematics Market – Regional Segment Analysis
    • 8.1. Global commercial telematics market: Regional overview
      • 8.1.1. Global commercial telematics market revenue share, by region, 2015 and 2021
    • 8.2. North America
      • 8.2.1. North America commercial telematics market revenue, by type, 2015 – 2021(USD Billion)
      • 8.2.2. North America commercial telematics market revenue, by application, 2015 – 2021(USD Billion)
      • 8.2.3. North America commercial telematics market revenue, by end-user, 2015 – 2021(USD Billion)
      • 8.2.4. U.S.
        • 8.2.4.1. U.S. commercial telematics market revenue, by type, 2015 – 2021(USD Billion)
        • 8.2.4.2. U.S. commercial telematics market revenue, by application, 2015 – 2021(USD Billion)
        • 8.2.4.3. U.S. commercial telematics market revenue, by end-user, 2015 – 2021(USD Billion)
    • 8.3. Europe
      • 8.3.1. Europe commercial telematics market revenue, by type, 2015 – 2021(USD Billion)
      • 8.3.2. Europe commercial telematics market revenue, by application, 2015 – 2021(USD Billion)
      • 8.3.3. Europe commercial telematics market revenue, by end-user, 2015 – 2021(USD Billion)
      • 8.3.4. Germany
        • 8.3.4.1. Germany commercial telematics market revenue, by type, 2015 – 2021(USD Billion)
        • 8.3.4.2. Germany commercial telematics market revenue, by application, 2015 – 2021(USD Billion)
        • 8.3.4.3. Germany commercial telematics market revenue, by end-user, 2015 – 2021(USD Billion)
      • 8.3.5. France
        • 8.3.5.1. France commercial telematics market revenue, by type, 2015 – 2021(USD Billion)
        • 8.3.5.2. France commercial telematics market revenue, by application, 2015 – 2021(USD Billion)
        • 8.3.5.3. Franc commercial telematics market revenue, by end-user, 2015 – 2021(USD Billion)
      • 8.3.6. UK
        • 8.3.6.1. UK commercial telematics market revenue, by type, 2015 – 2021(USD Billion)
        • 8.3.6.2. UK commercial telematics market revenue, by application, 2015 – 2021(USD Billion)
        • 8.3.6.3. UK commercial telematics market revenue, by end-user, 2015 – 2021(USD Billion)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific commercial telematics market revenue, by type, 2015 – 2021, (USD Billion)
      • 8.4.2. Asia Pacific commercial telematics market revenue, by application, 2015 – 2021, (USD Billion)
      • 8.4.3. Asia Pacific commercial telematics market revenue, by end-user, 2015 – 2021(USD Billion)
      • 8.4.4. China
        • 8.4.4.1. China commercial telematics market revenue, by type, 2015 – 2021(USD Billion)
        • 8.4.4.2. China commercial telematics market revenue, by application, 2015 – 2021(USD Billion)
        • 8.4.4.3. China commercial telematics market revenue, by end-user, 2015 – 2021(USD Billion)
      • 8.4.5. Japan
        • 8.4.5.1. Japan commercial telematics market revenue, by type, 2015 – 2021(USD Billion)
        • 8.4.5.2. Japan commercial telematics market revenue, by application, 2015 – 2021(USD Billion)
        • 8.4.5.3. Japan commercial telematics market revenue, by end-user, 2015 – 2021(USD Billion)
      • 8.4.6. India
        • 8.4.6.1. India commercial telematics market revenue, by type, 2015 – 2021(USD Billion)
        • 8.4.6.2. India commercial telematics market revenue, by application, 2015 – 2021(USD Billion)
        • 8.4.6.3. India commercial telematics market revenue, by end-user, 2015 – 2021(USD Billion)
      •  
    • 8.5. Latin America
      • 8.5.1. Latin America commercial telematics market revenue, by type, 2015 – 2021(USD Billion)
      • 8.5.2. Latin America commercial telematics market revenue, by application, 2015 – 2021(USD Billion)
      • 8.5.3. Latin America commercial telematics market revenue, by end-user, 2015 – 2021(USD Billion)
      • 8.5.4. Brazil
        • 8.5.4.1. Brazil commercial telematics market revenue, by type, 2015 – 2021(USD Billion)
        • 8.5.4.2. Brazil commercial telematics market revenue, by application, 2015 – 2021 (USD Billion)
        • 8.5.4.3. Brazil commercial telematics market revenue, by end-user, 2015 – 2021(USD Billion)
    • 8.6. Middle East and Africa
      • 8.6.1. Middle East and Africa commercial telematics market revenue, by type, 2015 – 2021 (USD Billion)
      • 8.6.2. Middle East and Africa commercial telematics market revenue, by application, 2015 – 2021(USD Billion)
      • 8.6.3. Middle East and Africa commercial telematics market revenue, by end-user, 2015 – 2021(USD Billion)
  • Chapter 9. Company Profile
    • 9.1. AT&T
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Type portfolio
      • 9.1.4. Business strategy
      • 9.1.5. Recent developments
    • 9.2. Verizon Communications Inc.
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Type portfolio
      • 9.2.4. Business strategy
      • 9.2.5. Recent developments
    • 9.3. MiX Telematics Ltd.
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Type portfolio
      • 9.3.4. Business strategy
      • 9.3.5. Recent developments
    • 9.4. Trimble Navigation Limited
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Type portfolio
      • 9.4.4. Business strategy
      • 9.4.5. Recent developments
    • 9.5. TomTom
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Type portfolio
      • 9.5.4. Business strategy
      • 9.5.5. Recent developments
    • 9.6. OnStar LLC.
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Type portfolio
      • 9.6.4. Business strategy
      • 9.6.5. Recent developments
    • 9.7. BMW
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Type portfolio
      • 9.7.4. Business strategy
      • 9.7.5. Recent developments
    • 9.8. Verizon
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Type portfolio
      • 9.8.4. Business strategy
      • 9.8.5. Recent developments
    • 9.9. Telefonica
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Type portfolio
      • 9.9.4. Business strategy
      • 9.9.5. Recent developments

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Commercial Telematics market. Zion Research has collected and analyzed key data belong to the global Commercial Telematics market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Commercial Telematics across the world has been calculated through primary and secondary research.

Zion Research employs a combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the Commercial Telematics industry. Primary research makes up a major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Commercial Telematics market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Telemetric is an interdisciplinary field that includes telecommunications, vehicular technologies, road transportation, road safety, electrical engineering and computer science. Commercial telematics market includes the telematics used by the light, medium and heavy commercial vehicles. Commercial telematics is preferably used in a variety of applications such as infotainment, insurance telematics, fleet/asset management, satellite navigation, telehealth solutions, and others like including emergency warning systems. OEM telematics and aftermarket telematics are two main types of commercial telematics.

The global commercial telematics market is mainly driven by the increasing demand for connectivity, helping government rules & regulations and increasing application across various industries, mainly in the healthcare and insurance sector. Increasing market penetration of smart phones, reducing connectivity cost, accessibility of high-speed internet technologies is another driving factor that is expected to boost the commercial telematics market during the years to come. However, a high initial cost concerned in deploying telematics technology and lack of awareness is a major restraint that may slow down the growth of commercial telematics market. Furthermore, increasing digital insurance and integration of web & mobility is likely to open new opportunities for commercial telematics market in near future.

Global Commercial Telematics Market

Based on types of commercial telematics, the market is segmented into OEM telematics and aftermarket telematics. Among two, the OEM telematics was one of the leading segment and it accounted for significant share of entire global commercial telematics market in 2015. Aftermarket telematics was another key outlet for embedded system market which is accounted for over 58% share of the total market.

A range of application segments of commercial telematics market includes insurance telematics, fleet / asset management, satellite navigation, infotainment, remote alarm and monitoring, telehealth solutions and others. Fleet and asset management was leading segment in commercial telematics market and it accounted for over 28% market share of the total market in 2015. Fleet and asset management sector followed by insurance telematics and infotainment sector is also expected to show strong growth in the coming years.

Commercial telematics market can be segmented based on end-users into healthcare, construction, transportation and logistics, government and utilities, insurance, and manufacturing.  Transportation and logistics emerged as the leading end-user segment by accounting for over 54% share of the global market in 2015. It is expected to grow at a significant rate during the forecast period.  Insurance and healthcare are expected to witness the significant growth in the years to come. Government and utility segment is also expected to grow at the moderate rate in next few years.

In terms of revenue, North America dominates the commercial telematics market. North America was followed by Europe and Asia-Pacific in the same year. Asia Pacific commercial telematics market is expected to grow at a moderate rate due to the rapidly growing number of automobiles sold in the region. Europe is expected to be the fastest growing region in next few years. Latin America and the Middle East & Africa is also expected to have moderate growth during the coming years.

Some of the key players in the commercial telematics market include AT&T, Verizon Communications Inc., MiX Telematics Ltd., Trimble Navigation Limited, TomTom, OnStar LLC., BMW, Verizon, and Telefonica.

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