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The Asia Pacific Commercial Vehicle Telematics Market Size would witness market growth of 24.2% CAGR during the forecast period (2018 – 2024). Roads are becoming increasingly congested and drivers are looking for a smarter form of transportation, which can provide them with real time data about weather conditions, traffic jams, road blocks and parking space. Telematics provides solutions like navigation, tracking, news and alerts, vehicle diagnostics information, vehicle to vehicle and infrastructure information sharing. These solutions provide all the information, which is needed to make driving a rich experience.
The telematics system in a vehicle is a device that deals with communication (sending, receiving, and storing information) regarding the vehicle and other parameters. The telematics system collects information from different on-board sensors, such as vehicle speed, braking system, advanced driver assistance system (ADAS), air bags, transmission control system, and many other systems.
Based on Application, the market is segmented into Solution and Services. Solutions are further segmented into Fleet / Asset Management, Navigation, Infotainment, Insurance, Tele-Health, and Others. Services are further bifurcated into Design & Consulting, Deployment and Maintenance. Based on Deployment type, the market is segmented into Aftermarket and OEM (Original Equipment Manufacturers). Based on End User, the market is segmented into Transportation & Logistics, Insurance, Healthcare, Media & Entertainment, Automotive Industry, and Government Agencies.Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Verizon communications, AT&T Inc., Ford Motor Company, BMW AG, Robert Bosch GmbH, Valeo S.A, Harman International industries, Vodafone Group Plc., Telefonica S.A, and Continental AG.
Scope of the Study
- Fleet / Asset Management
- Design & Consulting
By Deployment Type
By End User
- Transportation & Logistics
- Media & Entertainment
- Automotive Industry
- Government Agencies
- South Korea
- Rest of Asia Pacific
- Verizon communications
- AT&T Inc.
- Ford Motor Company
- BMW AG
- Robert Bosch GmbH
- Valeo S.A
- Harman International industries
- Vodafone Group Plc.
- Telefonica S.A
- Continental AG
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