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/

For more details: https://www.kbvresearch.com/subscription-model/

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

• Solution

Fleet / Asset Management

Navigation

Infotainment

Insurance

Tele-Health

Others

• Services

Design & Consulting

Deployment

Maintenance

By Deployment Type

Aftermarket

OEM

By End User

Transportation & Logistics

Insurance

Healthcare

Media & Entertainment

Automotive Industry

Government Agencies

By Geography

North America

US

Canada

Mexico

Rest of North America

Europe

Germany

UK

France

Russia

Spain

Italy

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Singapore

Malaysia

Rest of Asia Pacific

LAMEA

Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA

Companies Profiled

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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Related Reports:

North America Commercial Vehicle Telematics Market

Europe Commercial Vehicle Telematics Market

Asia Pacific Commercial Vehicle Telematics Market

LAMEA Commercial Vehicle Telematics Market