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Vehicle Telematics Market will grow at CAGR of 20.3% to hit $20.12 Billion by 2025: Microlise Group Ltd, Inseego Corporation, Volkswagen Commercial Vehicles, Tomtom Telematics

Global Vehicle Telematics Market

The Global Vehicle Telematics Market is expected to reach USD 20.12 billion by 2025 growing at a CAGR of 20.3% during the forecast period of 2019 to 2025

This market report puts a light on various factors that have direct or indirect effect on the growth of business which includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the industry. For an accomplishment of business at local, regional and international level, this high quality global market research is an ultimate solution. Clients can experience a nice combination of best industry insight, practical solutions, talent solutions and latest technology while utilizing or applying this report for the business growth.

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Major Key players profiled in this report are: 

  • PTC, Inc.
  • Trimble Inc.
  • Tomtom Telematics Bv
  • Verizon Telematics, Inc.

The Other Players are:

 Mix Telematics International (PTY) Ltd, Zonar Systems, Inc, OCTO Telematics Ltd, Omnitracs, LLC, Masternaut Limited, Microlise Group Ltd, Inseego Corporation, Volkswagen Commercial Vehicles and many more.

Market Definition:

Vehicle telematics can be termed as electronic technology that is involved in cars which helps the customer to keep the cars safer prevent it from getting lost and helps to summon roadside assistance. These telematics can also be termed as crash-resistant black box which receives wireless information which is advance than the radio. The best features of this telematics are automatic crash notification (ACN). This feature helps the car to sense significant accident and also report them. The various features that the telematics provide are emergency assistance, Good Samaritan assistance, roadside assistance and automatic collision notification. The market for the telematics is expected to grow exponentially as computer applications are developed to take advantage of the growing number of GPS units, increased processing power and widespread use of mobile devices.

 Major Market Drivers:

  • Increasing adoption of NGTP would enhance the telematics service delivery
  • Proliferation of telematics technology due to decreasing sensor and connectivity cost
  • Growing government mandate for deploying vehicle tracking in commercial vehicles
  • Rising demand for smartphones supplements the adoption of telematics solutions and services

Market Restraint:

  • Increased communication, leading to security and privacy concern
  • Complete network coverage and elimination of blind spots

Table of Contents:

  1. Introduction
  2. Market Segmentation
  3. Market Overview
  4. Executive Summary
  5. Premium Insights
  6. Global, By Component
  7. Product Type
  8. Delivery
  9. Industry Type
  10. Geography
  11. Company Landscape
  12. Company Profiles
  13. Related Reports

View Detailed Table of Content: https://databridgemarketresearch.com/toc/?dbmr=global-vehicle-telematics-market

For flourishing in the global market place, choosing a global market research report which includes market analysis based on regional and global level is imperative. This global market report is structured by a team of multilingual researchers who are skilled at different languages and hence perform market research internationally. This team along with project managers serve the clients on every strategic aspect including product development, key areas of development, application modelling, use of technologies, the acquisition strategies, exploring niche growth opportunities and new markets.

Market Segmentation:

By Provider Type – OEM, Aftermarket

By End-User- Transportation and Logistics, Insurance, Healthcare, Media &Entertainment, Vehicle Manufacturer, Government Agencies

By Geography- North America, Europe, Asia-Pacific, South America, Middle East & Africa

Why to purchase this report?

Following are the reasons to consider this Vehicle Telematics report:

  • This ultimate guide will help you stay ahead in market as it furnishes you with the profiles of the key market players and their working methodologies and their decision making capabilities.
  • The report analyzes various factors which act as drivers and restraints to development the overall Vehicle Telematics market.
  • This report not only analyzes present market condition but it likewise estimates how the market is going to perform for estimated time period of 2019-2026.
  • It enables you to adopt smart methodologies and form better decisions by giving a clear idea about customer’s requirement and preferences regarding the product in particular region.

Inquiry Before Buying Report: https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-vehicle-telematics-market

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