Global Commercial Telematics Market Top Leading Players with Strategies and Forecast 2027

The global commercial telematics market is anticipated to grow at a considerable CAGR of 15.8% during the forecast period (2020-2026). The increase in technological advancements by the key providers of commercial telematics solutions & services to differentiate their product offerings to remain competitive in the global market is a key factor to drive the growth of the global commercial telematics market. For instance, in February 2021, Bright Box HK Ltd., a telematics solution provider entered into a partnership with My Policy Group, a UK-based provider of services across intermediation, and product design for niche telematics motor insurance. My Policy has launched a usage-based insurance product, JURNY, in which Bright Box and part of Zurich Insurance Group both will be involved to enable rapid growth of the company. 

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Besides, in February 2021, Skoda Auto introduced a traffication infotainment application, which aims to improve driver safety by alerting drivers about forthcoming traffic hazards, which reduces the chances of road accidents and reducing the risk of wrong-way driving on motorways. This application is available in the models of Skoda including Scala, Kamiq, Karoq, Kodiaq, and others. The application is developed after a long-term collaboration between Skoda and Bosch. Thus, the growing efforts of major market players to make advancements in their solutions to gain competitive position s are anticipated to drive the market growth.

Market Coverage

·                  The market number available for – 2019-2026

·                  Base year- 2019

·                  Forecast period- 2020-2026

Segment Covered- 

·                  By solution

·                  By end-user

Regions Covered-

·                  North America

·                  Europe

·                  Asia-Pacific

·                  Rest of the World

·        Competitive Landscape- Bridgestone Corp., General Motors Co., Verizon Communications Inc., Aplicom Ltd., and Omnitracs LLC

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A full Report of Global Commercial Telematics Market is Available at:  https://www.omrglobal.com/industry-reports/commercial-telematics-market

Global Commercial Telematics Market Report Segment

By Solution

·                  Fleet Tracking and Monitoring

·                  Driver Management

·                  Insurance Telematics

·                  Safety & Compliance

·                  V2V and V2X systems

·                  Others (Fuel Monitoring) 

By End-User

·                  Insurance 

·                  Government and Utilities

·                  Healthcare

·                  Media and Entertainment

·                  Transportation & Logistics

·                  Others (Manufacturing)

By Distribution Channel 

·                  OEM 

·                  Aftermarket 

Global Commercial Telematics Market Report Segment by Region

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

·        Latin America 

·        Middle East & Africa

Company Profiles 

·        Actsoft Inc.

·        Agero Inc.

·        AirIQ Inc.

·        Aplicom Ltd.

·        Box Telematics Ltd.

·        Calapm Corp.

·        Ctrack (Inseego Corp.)

·        Continental AG

·        Geotab Inc.

·        GPS Insight

·        Infotrack Telematics Plc

·        Kore Wireless Group, Inc.

·        Mix Telematics Ltd.

·        Octo Telematics S.p.A

·        ORBCOMM Inc.

·        Sprint Telematics Ltd.

·        Tantalum Corp.

·        ata Motors Ltd.

·        Telit Communications Plc Telefonica, S.A.

·        WEX Inc.

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About Orion Market Research 

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

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