Vehicle Telematics Market – Industry Trends and Forecast to 2030
This Vehicle Telematics Market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Magnet report simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyses that the global vehicle telematics market which was USD 72,845.62 million in 2022, is expected to reach USD 2,80,587.32 million by 2030, and is expected to undergo a CAGR of 18.5% during the forecast period of 2023 to 2030.
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Market Overview:
The factors driving the global vehicle telematics market are increased adoption of NGTP, proliferation of telematics technology due to decreasing sensor and connectivity costs, and growing government mandate for deploying vehicle tracking in commercial vehicles. Furthermore, AI and machine learning capabilities enable autonomous dispatching and routing and enable fleet managers to predict vehicle health and driving habits based on vehicle utilisation, resulting in lower maintenance requirements and cost-effectiveness. All of these factors contribute significantly to the growth of the global vehicle telematics market.
Some of the major players operating in the Vehicle Telematics Market are Verizon Connect (U.S.), Zonar Systems, Inc (U.S.), TomTom Telematics (Netherlands), Robert Bosch GmbH (Germany), HARMAN International (U.S.), Volkswagen Commercial Vehicles (Germany), MiX Telematics (South Africa), Omnitracs (U.S.), CalAmp (U.S.), Webfleet Solutions (Netherlands), Inseego Corporation (U.S.), OCTO Telematics Ltd. (Italy) among others.
Global Vehicle Telematics Market Scope
The global vehicle telematics market is segmented on the basis of provider type and vertical. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Provider Type
· Original Equipment Manufacturers
· Aftermarket
Vertical
· Transportation
· Logistics
· Government
· Utilities
· Travel
· Tourism
· Construction
· Education
· Healthcare
· Media and Entertainment
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Vehicle Telematics Market Landscape
Part 04: Global Vehicle Telematics Market Sizing
Part 05: Global Vehicle Telematics Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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