The growing demand for security and surveillance for commercial vehicles is exponential boosting the automotive fleet telematics market. The boost in the development of eCall system, which is projected to use telematics for sending immediate aid in case of accidents or any other emergency on the road, is further supporting the growth of the market.
The mounting the regulations for vehicles to install specific systems on commercial vehicles is driving the growth of the Fleet telematics market. However, the budget constraints may restrain the growth of the Fleet telematics market. Furthermore, due to stringent regulation to install telematics in all major developed and developing countries globally is anticipated to create market opportunities for the Fleet telematics market during the forecast period.
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Major Key Players covered in this report:
- Fleetmatics IRL Ltd
- FMC Fleet Trak
- Harman International
- L A Consultants
- Liebherr Group
- Omnitracs LLC
- Sprint Corporation
- Trimble Navigation Ltd
- Verizon Communications Inc.
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Fleet Telematics market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Fleet Telematics market segments and regions.
The research on the Fleet Telematics market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Fleet Telematics market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Fleet Telematics market.
Fleet Telematics Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
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