According to a new report Global Commercial Vehicle Telematics Market, published by KBV Research, The Global Commercial Vehicle Telematics Market size is expected to reach $85.4 billion by 2024, rising at a market growth of 19.4% CAGR during the forecast period.
The North America market would dominate the Global Commercial Vehicle Telematics Solution Market by Region by 2024, growing at a CAGR of 15.5 % during the forecast period. The Europe market is expected to witness a CAGR of 16.3% during (2018-2024). Additionally, The Asia Pacific market is expected to witness a CAGR of 22.4% during (2018-2024).
The Aftermarket market dominated the Global Commercial Vehicle Telematics Market by Mode of Deployment 2017. The OEM market is expected to witness a CAGR of 18.9% during (2018-2024).
The Transportation & Logistics market dominated the Global Commercial Vehicle Telematics Market by End User 2017, and would achieve a market value of $37,785.2 million by 2024, growing at a CAGR of 16.7 % during the forecast period. The Insurance market is expected to witness a CAGR of 21.4% during (2018-2024). The Healthcare market is expected to witness a CAGR of 23.6% during (2018-2024). Additionally, The Automotive Industry market is expected to witness highest CAGR of 21.2% during (2018-2024).
Full Report: https://www.kbvresearch.com/commercial-vehicle-telematics-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
Global Commercial Vehicle Telematics Market Segmentation
By Application
By Deployment Type
By End User
By Geography
Companies Profiled
Unique Offerings from KBV Research
Related Reports:
North America Commercial Vehicle Telematics Market
Europe Commercial Vehicle Telematics Market