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Synopsis
The global Commercial Telematics market was valued at US$ 37 million in 2023 and is anticipated to reach US$ 48 million by 2030, witnessing a CAGR of 3.8% during the forecast period 2024-2030.
The commercial telematics market is experiencing significant growth and is expected to continue expanding in the coming years. One major trend driving this growth is the increasing adoption of connected vehicles and the Internet of Things (IoT) technology. Commercial vehicles are being equipped with telematics systems that provide real-time data on vehicle location, driver behavior, fuel consumption, and other important metrics. This data helps fleet managers optimize routes, improve fuel efficiency, and enhance overall operational efficiency.
This report aims to provide a comprehensive presentation of the global market for Commercial Telematics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Commercial Telematics.
Report Scope
The Commercial Telematics market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Commercial Telematics market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Commercial Telematics companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- Zonar Systems, Inc
- Trimble Inc.
- Verizon Telematics, Inc.
- Omnitracs LLC
- Inseego Corporation.
- MiX Telematics
- Octo Group S.p.A
- Microlise Telematics Pvt. Ltd.
- Harman International Industries
- Webfleet Solutions B.V.
Segment by Type
- Solution
- Services
Segment by Application
- Transportation & Logistics
- Insurers
- Healthcare
- Media & Entertainment
- Vehicle Manufacturers
- Government Agencies
By Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia, Nordic Countries, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea,Southeast Asia, India, Australia, Rest of Asia)
- Latin America (Mexico, Brazil, Rest of Latin America)
- Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Commercial Telematics companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Commercial Telematics Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Hardware
1.2.3 Software
1.3 Market by Application
1.3.1 Global Commercial Telematics Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Transportation
1.3.3 Medical
1.3.4 Entertainment
1.3.5 Automobile
1.3.6 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Commercial Telematics Market Perspective (2019-2030)
2.2 Commercial Telematics Growth Trends by Region
2.2.1 Global Commercial Telematics Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Commercial Telematics Historic Market Size by Region (2019-2024)
2.2.3 Commercial Telematics Forecasted Market Size by Region (2025-2030)
2.3 Commercial Telematics Market Dynamics
2.3.1 Commercial Telematics Industry Trends
2.3.2 Commercial Telematics Market Drivers
2.3.3 Commercial Telematics Market Challenges
2.3.4 Commercial Telematics Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Commercial Telematics Players by Revenue
3.1.1 Global Top Commercial Telematics Players by Revenue (2019-2024)
3.1.2 Global Commercial Telematics Revenue Market Share by Players (2019-2024)
3.2 Global Commercial Telematics Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Commercial Telematics Revenue
3.4 Global Commercial Telematics Market Concentration Ratio
3.4.1 Global Commercial Telematics Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Commercial Telematics Revenue in 2023
3.5 Commercial Telematics Key Players Head office and Area Served
3.6 Key Players Commercial Telematics Product Solution and Service
3.7 Date of Enter into Commercial Telematics Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Commercial Telematics Breakdown Data by Type
4.1 Global Commercial Telematics Historic Market Size by Type (2019-2024)
4.2 Global Commercial Telematics Forecasted Market Size by Type (2025-2030)
5 Commercial Telematics Breakdown Data by Application
5.1 Global Commercial Telematics Historic Market Size by Application (2019-2024)
5.2 Global Commercial Telematics Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Commercial Telematics Market Size (2019-2030)
6.2 North America Commercial Telematics Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Commercial Telematics Market Size by Country (2019-2024)
6.4 North America Commercial Telematics Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Commercial Telematics Market Size (2019-2030)
7.2 Europe Commercial Telematics Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Commercial Telematics Market Size by Country (2019-2024)
7.4 Europe Commercial Telematics Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Commercial Telematics Market Size (2019-2030)
8.2 Asia-Pacific Commercial Telematics Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Commercial Telematics Market Size by Region (2019-2024)
8.4 Asia-Pacific Commercial Telematics Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Commercial Telematics Market Size (2019-2030)
9.2 Latin America Commercial Telematics Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Commercial Telematics Market Size by Country (2019-2024)
9.4 Latin America Commercial Telematics Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Commercial Telematics Market Size (2019-2030)
10.2 Middle East & Africa Commercial Telematics Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Commercial Telematics Market Size by Country (2019-2024)
10.4 Middle East & Africa Commercial Telematics Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Zonar Systems
11.1.1 Zonar Systems Company Detail
11.1.2 Zonar Systems Business Overview
11.1.3 Zonar Systems Commercial Telematics Introduction
11.1.4 Zonar Systems Revenue in Commercial Telematics Business (2019-2024)
11.1.5 Zonar Systems Recent Development
11.2 Trimble
11.2.1 Trimble Company Detail
11.2.2 Trimble Business Overview
11.2.3 Trimble Commercial Telematics Introduction
11.2.4 Trimble Revenue in Commercial Telematics Business (2019-2024)
11.2.5 Trimble Recent Development
11.3 Verizon Telematics
11.3.1 Verizon Telematics Company Detail
11.3.2 Verizon Telematics Business Overview
11.3.3 Verizon Telematics Commercial Telematics Introduction
11.3.4 Verizon Telematics Revenue in Commercial Telematics Business (2019-2024)
11.3.5 Verizon Telematics Recent Development
11.4 Omitracs
11.4.1 Omitracs Company Detail
11.4.2 Omitracs Business Overview
11.4.3 Omitracs Commercial Telematics Introduction
11.4.4 Omitracs Revenue in Commercial Telematics Business (2019-2024)
11.4.5 Omitracs Recent Development
11.5 Inseego Corporation
11.5.1 Inseego Corporation Company Detail
11.5.2 Inseego Corporation Business Overview
11.5.3 Inseego Corporation Commercial Telematics Introduction
11.5.4 Inseego Corporation Revenue in Commercial Telematics Business (2019-2024)
11.5.5 Inseego Corporation Recent Development
11.6 MiX Telematics
11.6.1 MiX Telematics Company Detail
11.6.2 MiX Telematics Business Overview
11.6.3 MiX Telematics Commercial Telematics Introduction
11.6.4 MiX Telematics Revenue in Commercial Telematics Business (2019-2024)
11.6.5 MiX Telematics Recent Development
11.7 Octo Group S.p.A.
11.7.1 Octo Group S.p.A. Company Detail
11.7.2 Octo Group S.p.A. Business Overview
11.7.3 Octo Group S.p.A. Commercial Telematics Introduction
11.7.4 Octo Group S.p.A. Revenue in Commercial Telematics Business (2019-2024)
11.7.5 Octo Group S.p.A. Recent Development
11.8 Microlise Telematics
11.8.1 Microlise Telematics Company Detail
11.8.2 Microlise Telematics Business Overview
11.8.3 Microlise Telematics Commercial Telematics Introduction
11.8.4 Microlise Telematics Revenue in Commercial Telematics Business (2019-2024)
11.8.5 Microlise Telematics Recent Development
11.9 Harman International
11.9.1 Harman International Company Detail
11.9.2 Harman International Business Overview
11.9.3 Harman International Commercial Telematics Introduction
11.9.4 Harman International Revenue in Commercial Telematics Business (2019-2024)
11.9.5 Harman International Recent Development
11.10 Webfleet Solutions B.V.
11.10.1 Webfleet Solutions B.V. Company Detail
11.10.2 Webfleet Solutions B.V. Business Overview
11.10.3 Webfleet Solutions B.V. Commercial Telematics Introduction
11.10.4 Webfleet Solutions B.V. Revenue in Commercial Telematics Business (2019-2024)
11.10.5 Webfleet Solutions B.V. Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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