Global Commercial Telematics Market Size | COVID-19 Impact Analysis | Forecast to 2026

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.

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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

Global Commercial Telematics Market Segmentation

By Type

• Original Equipment Manufacturer (Oem)
• Fully Embedded Oem Systems
• Hybrid Oem Systems
• After Market Telematics
• Embedded
• Portable
• Others

By Solution

• Navigation and Location Based Systems
• Fleet/Asset Management
• Infotainment Systems
• Compliance
• Remote Alarm and Monitoring Solutions
• V2v And V2x Systems
• Safety and Security
• Telehealth Solutions
• Others

By End User

• Insurance
• Government and Utilities
• Safety and Security
• Healthcare
• Media and Entertainment
• Logistics and Distribution
• Manufacturing
• Automotive

Competitive Landscape

• Key Stratergy Analysis
• Key Company Analysis
Regional Analysis

North America

• United States
• Canada

Europe

• UK
• Germany
• Spain
• France
• Italy
• Rest of Europe

Asia-Pacific

• India
• China
• Japan
• Rest oF APAC

Rest of The World

Company Profiles

• Actsoft
• Agero Inc.
• Airiq Inc.
• Aplicom
• Box Telematics
• Bsm Technologies
• Calapm Corp.
• Ctrack
• Daimler Fleetboard Gmbh
• Geotab Inc.
• Gps Insight
• Infotrack Telematics Plc
• Ingenie Services Ltd.
• Kore Wireless Group, Inc.
• Masternaut
• Mix Telematics
• Octo Telematics
• Omnitracs
• Onstar
• Orbcomm
• Sprint Telematics Ltd.
• Tantalum Corporation
• Tata Motors
• Telit Wireless Solution
• Telogis
• Tomtom International Bv.
• Trimble Inc.
• Verizon Wireless
• Wex Telematics
• Zonar Systems

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