The factors contributing to the high growth of the market are the adoption of NGTP protocol, increased usage of smartphones, decreasing cost of sensors, and growing government mandate for adoption of telematics in commercial vehicles. These factors are al
Detailed study on Commercial Vehicle Telematics Market by MarketsandMarkets™ provides broad analysis on the basis of Types, Applications and key players which is useful for better decision making.
Commercial Vehicle Telematics Market report by MarketsandMarkets™ provides an extraordinary analysis for evaluating the market, highlighting opportunities and supporting strategic and skilful decision-making.
The commercial vehicle telematics market size is expected to grow from USD 7.31 Billion in 2017 to USD 18.43 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 20.3%.
The commercial vehicle telematics market size is expected to grow from USD 7.31 Billion in 2017 to USD 18.43 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 20.3%.
Commercial vehicle telematics market categorizes the global market by solution as fleet tracking and monitoring, driver management, insurance telematics, safety and compliance, and V2X solutions, by service, by provider type, by vertical, and by region.