HOME Top Market Reports Commercial Vehicle Telematics Market by Type (OEM, Aftermarket), Solutions (Fleet Management, Navigation, Infotainment, Telehealth, Safety, Insurance), Services (Design, Integration, Training), User Type, Region - Global Market Forecast & Analysis (2015-2020)

Commercial Vehicle Telematics Market by Type (OEM, Aftermarket), Solutions (Fleet Management, Navigation, Infotainment, Telehealth, Safety, Insurance), Services (Design, Integration, Training), User Type, Region - Global Market Forecast & Analysis (2015-2020)

By: marketsandmarkets.com
Publishing Date: September 2015
Report Code: TC 2433

 

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Commercial vehicle telematics, the child market of overall telematics market, has gained traction on the global front since the past few decades. Navigation, energy efficiency, connected vehicles, and other functionalities are at the core of this market. The technological advancements have enabled companies to provide advanced solutions for the market. Furthermore, many governments across the globe have passed regulatory requirements for safety and energy efficiency in vehicles, which are pushing the Commercial Vehicle Telematics Market.

Emerging technologies such as V2V, V2X, electric vehicle charging, and seamless integration of mobility and web have started developing as a result of continuous demands by the consumer. One of the other major factors driving this market is a wide roll out of connectivity solutions such as 3G and Long Term Evolution (LTE) networks providing increased bandwidth enabling complex telematics applications such as remote surveillance, asset trackers, and health meters.

In the Commercial Vehicle Telematics Market LTE is expected to become mainstream 4G technology for auto and mobile phone industry although, new telematics systems are also evolving rapidly on High Speed Packet Access (HSPA). With the emerging mobile connectivity trend, embedded wireless modules are still expected to grow significantly, mainly due to the strict quality requirements and reliability standards that mobile devices have failed to meet adequately.

Telematics vendors would be focusing on forming strategic partnerships to develop value offerings. Developing these value offerings would require a high level of coordination among various vendors including hardware vendors, software developers, telematics service providers, wireless carriers, content providers, and potentially automotive manufacturers. Automotive manufacturers are mainly focusing on developing vehicle embedded telematics and forging strong partnerships with portable device and application providers.

This report provides global adoption trends, future growth potential, key drivers, restraints, opportunities, and best practices in the market. The report also examines growth potential market sizes and revenue forecasts across different regions as well as user segment.

MarketsandMarkets forecasts the global Commercial Vehicle Telematics Market to grow from USD20.02 Billion in 2015 to USD 47.58 Billion in 2020. In terms of regions, Europe is expected to be the largest market in terms of market size, while Middle East & Africa and Asia-Pacific (APAC) are expected to experience an increase in market traction, during the forecast period. Latin America is expected to experience a high growth rate and adoption trend in this market.

The report segments the market on the following basis.

  • On the basis of solution providers:
    • OEM telematics
    • Aftermarket telematics
  • On the basis of solutions:
    • Fleet/Asset Management
    • Navigation and Location Based Systems
    • Infotainment Systems
    • Insurance Telematics
    • V2V,V2X Systems
    • Telehealth Solutions
    • Remote Alarm and Incident Monitoring Solutions
    • Safety and Security
    • Compliance
  • On the basis of services:
    • Consulting And Design
    • Automotive Data Services
    • Integration and Deployment
    • Maintenance and Training Services.
  • On the basis of end users:
    • Automotive
    • Transportation and logistics
    • Healthcare
    • Manufacturing
    • Insurance
    • Government
    • Media and Entertainment
  • On the basis of regions:
    • North America (NA)
    • Europe (EU)
    • Asia Pacific (APAC)
    • Middle East and Africa (MEA)
    • Latin America (LA)

Table of Contents

1 Introduction (Page No. - 13)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Year Considered for the Study
    1.4 Currency
    1.5 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data Taken From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data Taken From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 27)
    4.1 Attractive Market Opportunities in the Market
    4.2 Market – Top Three User Types
    4.3 Global Commercial Vehicle Telematics Market
    4.4 Lifecycle Analysis, By Region 2015

5 Market Overview (Page No. - 29)
    5.1 Introduction
    5.2 Evolution
    5.3 Market Segmentation
           5.3.1 Market, By Type
           5.3.2 Market, By Solution
           5.3.3 Market, By Service
           5.3.4 Market, By User Type
           5.3.5 Market, By Region
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Government Mandated Regulatory Compliances
                    5.4.1.2 Growing Smartphone Penetration
                    5.4.1.3 Decreasing Connectivity Cost
           5.4.2 Restraints
                    5.4.2.1 Increased Communication Leading to Security and Privacy Concern
                    5.4.2.2 Lack of Standardized System
           5.4.3 Opportunities
                    5.4.3.1 Integration of Mobility and Web
                    5.4.3.2 Growing Digital Insurance Market
           5.4.4 Challenges
                    5.4.4.1 Complete Network Coverage and Elimination of Blind Spots

6 Industry Trends (Page No. - 38)
    6.1 Introduction
    6.2 Value Chain Analysis

7 Global Commercial Vehicle Telematics Market Analysis,By Type (Page No. - 40)
    7.1 Introduction
    7.2 OEM Telematics
           7.2.1 Fully Embedded OEM Systems
           7.2.2 Hybrid OEM Systems
    7.3 Aftermarket Telematics
           7.3.1 Embedded Aftermarket Systems
           7.3.2 Portable Aftermarket Systems
           7.3.3 Others

8 Global Commercial Vehicle Telematics Market Analysis, By Solution (Page No. - 44)
    8.1 Introduction
    8.2 Solutions
           8.2.1 Fleet/Asset Management
           8.2.2 Navigation and Location Based Systems
           8.2.3 Infotainment Systems
           8.2.4 Insurance Telematics
           8.2.5 V2V and V2X Systems
           8.2.6 Telehealth Solutions
           8.2.7 Remote Alarm and Monitoring Solutions
           8.2.8 Safety and Security
           8.2.9 Compliance

9 Global Commercial Vehicle Telematics Market Analysis, By Service (Page No. - 53)
    9.1 Introduction
    9.2 Consulting and Design
    9.3 Automotive Data Services
    9.4 Integration and Deployment
    9.5 Maintenance and Training

10 Global Commercial Vehicle Telematics Market Analysis, By Type of User (Page No. - 57)
     10.1 Introduction
     10.2 Automotive
     10.3 Logistics and Distribution
     10.4 Healthcare
     10.5 Manufacturing
     10.6 Insurance
     10.7 Government and Utilities
     10.8 Media and Entertainment

11 Commercial Vehicle Telematics Market Analysis, By Region (Page No. - 63)
     11.1 Introduction
     11.2 North America
     11.3 Europe
     11.4 Asia-Pacific
     11.5 Middle East and Africa
     11.6 Latin America

12 Competitive Landscape (Page No. - 82)
     12.1 Overview
     12.2 Competitive Situation and Trends
             12.2.1 New Product Developments
             12.2.2 Agreements, Partnerships, and Collaborations
             12.2.3 Mergers and Acquisitions
             12.2.4 Expansions

13 Company Profiles (Page No. - 90)
     13.1 Introduction
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
     13.2 Verizon Enterprise Solutions
     13.3 Wireless Car
     13.4 Onstar
     13.5 Tomtom
     13.6 Trimble Navigation
     13.7 Telogis
     13.8 Masternaut
     13.9 Mix Telematics
     13.10 Orbcomm
     13.11 Omnitracs

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 116)
     14.1 Discussion Guide
     14.2 Introducing RT: Real-Time Market Intelligence
     14.3 Available Customizations


List of Tables (72 Tables)

Table 1 Global Commercial Vehicle Telematics Market Size and Growth Rate, 2013–2020 (USD Billion, Y-O-Y %)
Table 2 Governments Making Madatory Implementations of Telematics Solutions is Expected to Fuel the Market
Table 3 Lack of Standardized System to Restrain the Growth of Market
Table 4 Growing Digital Insurance Market to Act as an Opportunity for Commercial Vehicle Telematics
Table 5 Complete Network Coverage Across All Geographical Expanse to Be the Major Challenge for Solution Providers
Table 6 Commercial Vehicle Telematics Market, By Type, 2013–2020 (USD Million)
Table 7 OEM Telematics: Market Size, By Subtype, 2013–2020 (USD Million)
Table 8 Aftermarket Telematics: Market Size, By Subtype, 2013–2020 (USD Million)
Table 9 Market Size, By Solution and Service, 2013–2020 (USD Million)
Table 10 Market Size, By Solution, 2013–2020 (USD Million)
Table 11 Fleet/Asset Management: Market Size, By Region, 2013–2020 (USD Million)
Table 12 Navigation and Location Based Systems: Market Size, By Region, 2013–2020 (USD Million)
Table 13 Infotainment Systems: Market Size, By Region, 2013–2020 (USD Million)
Table 14 Insurance Telematics: Market Size, By Region, 2013–2020 (USD Million)
Table 15 V2V and V2X Systems: Market Size, By Region, 2013–2020 (USD Million)
Table 16 Telehealth Solutions: Market Size, By Region, 2013–2020 (USD Million)
Table 17 Remote Alarm and Incident Monitoring Solutions: Market Size, By Region, 2013–2020 (USD Million)
Table 18 Safety and Security: Market Size, By Region, 2013–2020 (USD Million)
Table 19 Compliance: Market Size, By Region, 2013–2020 (USD Million)
Table 20 Commercial Vehicle Telematics Market Size, By Service, 2013–2020 (USD Million)
Table 21 Consulting and Design Market : Market Size, By Region, 2013–2020 (USD Million)
Table 22 Automotive Data Services Market : Market Size, By Region, 2013–2020 (USD Million)
Table 23 Integration and Deployment Market: Market Size, By Region, 2013–2020 (USD Million)
Table 24 Maintenance and Training Services Market: Market Size, By Region, 2013–2020 (USD Million)
Table 25 Commercial Vehicle Telematics Market Size, By User Type, 2013–2020 (USD Million)
Table 26 Automotive: Market Size, By Region, 2013–2020 (USD Million)
Table 27 Logistics and Distribution: Market Size, By Region, 2013–2020 (USD Million)
Table 28 Healthcare: Market Size, By Region, 2013–2020 (USD Million)
Table 29 Manufacturing: Market Size, By Region, 2013–2020 (USD Million)
Table 30 Insurance: Market Size, By Region, 2013–2020 (USD Million)
Table 31 Government and Utilities: Market Size, By Region, 2013–2020 (USD Million)
Table 32 Media and Entertainment: Market Size, By Region, 2013–2020 (USD Million)
Table 33 Commercial Vehicle Telematics Market Size, By Region, 2013–2020 (USD Million)
Table 34 North America: Market Size, By Type, 2013–2020 (USD Million)
Table 35 North America: Market Size, By OEM Telematics, 2013–2020 (USD Million)
Table 36 North America: Market Size, By Aftermarket Telematics, 2013–2020 (USD Million)
Table 37 North America: Market Size, By Solution and Service, 2013–2020 (USD Million)
Table 38 North America: Market Size, By Solution, 2013–2020 (USD Million)
Table 39 North America: Market Size, By Service, 2013–2020 (USD Million)
Table 40 North America: Market Size, By User Typer, 2013–2020 (USD Million)
Table 41 Europe: Market Size, By Type, 2013–2020 (USD Million)
Table 42 Europe: Market Size, By OEM Telematics, 2013–2020 (USD Million)
Table 43 Europe: Market Size, By Aftermarket Telematics, 2013–2020 (USD Million)
Table 44 Europe: Market Size, By Solution and Service, 2013–2020 (USD Million)
Table 45 Europe: Market Size, By Solution, 2013–2020 (USD Million)
Table 46 Europe: Market Size, By Service, 2013–2020 (USD Million)
Table 47 Europe: Market Size, By User Type, 2013–2020 (USD Million)
Table 48 Asia-Pacific: Market Size, By Type, 2013–2020 (USD Million)
Table 49 Asia-Pacific: Market Size, By OEM Telematics, 2013–2020 (USD Million)
Table 50 Asia-Pacific: Market Size, By Aftermarket Telematics, 2013–2020 (USD Million)
Table 51 Asia-Pacific: Market Size, By Solution and Service, 2013–2020 (USD Million)
Table 52 Asia-Pacific: Market Size, By Solution, 2013–2020 (USD Million)
Table 53 Asia-Pacific: Market Size, By Service, 2013–2020 (USD Million)
Table 54 Asia-Pacific: Commercial Vehicle Telematics Market  Size, By User Type, 2013–2020 (USD Million)
Table 55 Middle East and Africa: Market Size, By Type, 2013–2020 (USD Million)
Table 56 Middle East and Africa: Market Size, By OEM Telematics, 2013–2020 (USD Million)
Table 57 Middle East and Africa: Market Size, By Aftermarket Telematics, 2013–2020 (USD Million)
Table 58 Middle East and Africa: Market Size, By Solution and Service, 2013–2020 (USD Million)
Table 59 Middle East and Africa: Market Size, By Solution, 2013–2020 (USD Million)
Table 60 Middle East and Africa: Market Size, By Service, 2013–2020 (USD Million)
Table 61 Middle East and Africa: Commercial Vehicle Telematics Market Size, By User Type, 2013–2020 (USD Million)
Table 62 Latin America: Market Size, By Type, 2013–2020 (USD Million)
Table 63 Latin America: Market Size, By OEM Telematics, 2013–2020 (USD Million)
Table 64 Latin America: Market Size, By Aftermarket Telematics, 2013–2020 (USD Million)
Table 65 Latin America: Market Size, By Solution and Service, 2013–2020 (USD Million)
Table 66 Latin America: Market Size, By Solution, 2013–2020 (USD Million)
Table 67 Latin America: Market Size, By Service, 2013–2020 (USD Million)
Table 68 Latin America: Commercial Vehicle Telematics Market Size, By User Typer, 2013–2020 (USD Million)
Table 69 New Product Developments, 2012–2015
Table 70 Agreements, Partnerships, and Collaborations, 2012–2015
Table 71 Mergers and Acquisitions, 2012–2015
Table 72 Expansions, 2012–2014


List of Figures (42 Figures)

Figure 1 Commercial Vehicle Telematics Market: Research Design
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Commercial Vehicle Telematics Market Size, By Type Snapshot (2015–2020): OEM Telematics is Expected to Grow at the Highest Rate During the Forecast Period
Figure 7 Global Market Share, 2015 - North America is Expected to Hold the Largest Market Share in 2015
Figure 8 Decreasing Cost of Connectivity is One of the Driving Forces for This Market
Figure 9 The Highest Growing Segments and Regions in the Global Commercial Vehicle Telematics Market
Figure 10 Latin America is Estimated to Grow at the Fastest Rate in the Market (2015-2020)
Figure 11 Regional Lifecycle – Latin America is Expected to Experience Transition From Introduction to Growth Phase in 2015
Figure 12 Journey of Evolution in the Commercial Vehicle Telematics Market
Figure 13 Market: By Type
Figure 14 Market Segmentation: By Solution
Figure 15 Market Segmentation: By Service
Figure 16 Market Segmentation: By User Type
Figure 17 Market Segmentation: By Region
Figure 18 Growing Smartphone Penetration is Expected to Drive the Market
Figure 19 Commercial Vehicle Telematics Market Architecture
Figure 20 Value Chain: Commerical Telematics Market
Figure 21 OEM Telematics Systems Market is Expected to Be the Largest Segment in the Global Commercial Vehicle Telematics Market By 2020
Figure 22 Commercial Telematics Services are Expected to Grow at the Highest Rate During the Forecast Period
Figure 23 Compliance and Security and Safety Solutions to Be the Fastest Growing Solutions in the Market
Figure 24 Integration and Deployment Services are Expected to Be the Largest Contributors to the Commercial Telematics Services Market By 2020
Figure 25 Automotive and Logistics and Distribution Sectors Would Be the Highest Contributors to the Commerical Telematics Market By 2020
Figure 26 European Market is Poised to Be the Largest Market By 2020
Figure 27 Commercial Vehicle Telematics Market in North America Acquires Majority of Its Revenue Share From Fleet Management Solutions
Figure 28 Asia-Pacific Region Shows A Promising Growth for the Telematics Market in the Next Five Years
Figure 29 Companies Adopted New Product Launches as the Key Growth Strategy From 2012 to 2015
Figure 30 Market Evaluation Framework
Figure 31 Battle for Market Share: New Product Launch Was the Key Strategy
Figure 32 Geographic Revenue Mix of Top Market Players
Figure 33 Verizon: Company Snapshot
Figure 34 Verizon: SWOT Analysis
Figure 35 Wirelesscar: SWOT Analysis
Figure 36 Onstar: SWOT Analysis
Figure 37 Tomtom: Company Snapshot
Figure 38 Tomtom: SWOT Analysis
Figure 39 Trimble Navigation: Company Snapshot
Figure 40 Trimble Navigation: SWOT Analysis
Figure 41 Mix Telematics: Company Snapshot
Figure 42 Orbcomm: Company Snapshot

The Commercial Vehicle Telematics Market is gaining momentum due to increasing consumer awareness about safety, growth in the market of electrical vehicles, strict government regulations, and new innovations in connectivity technologies. Primarily, the telematics market was used only for safety and security solutions; however, there has been a shift in its applications and it is now also used for a variety of other applications such as remote diagnostics, predictive maintenance of vehicles and heavy equipment, reduce commercial insurance auto cost, health monitoring, and remote medicine administration. The telematics market is rapidly moving towards intelligent, addressable, embeddable devices, enabling seamless communication between every device. The emergence of embeddable devices has raised the telematics capabilities across a wide spectrum of industries. These devices enable real-time control and monitoring to take preventive actions in case of any anomalies. The capability to provide real-time analytics and fulfill demand-based load generation makes these devices unique and beneficial.

Telematics systems are largely built by two vendor segments: OEMs and aftermarket solution providers. OEMs primarily focus on building embedded modules, so they can have control over entire system failures and can alert the users in advance. They are also primarily focusing on applications such as remote diagnostics and infotainment, enriching the user’s experience and reducing extra cost. Aftermarket solution providers are engaged in providing services such as emergency response, roadside assistance, turn by turn navigation, and curbside assistance. The telematics market for industries such as insurance and healthcare is anticipated to grow steadily during the forecast period, due to rapid development in connectivity solutions such as wireless and cellular modules and use of predictive analysis enabling the end user to reduce cost and enhance the operational efficiency. The overall market is expected to continuously increase, while North America continues to dominate the market and countries in Europe and APAC economies such as Japan, China, and Brazil has huge potential, primarily due to upcoming government regulations.

The global Commercial Vehicle Telematics Market is segmented on the basis of regions such as North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America. The global market is provided for each region from 2015 to 2020. The global market is expected to grow from USD 20.02 Billion in 2015 to USD 47.58 Billion to 2020, at a compound annual growth rate (CAGR) of 18.9% during the forecast period 2015-2020.

Commercial Telematics Market

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