Commercial Telematics Market Value Chain Analysis And Forecast Up To 2014 - 2020
Commercial telematics is used in various applications such as fleet/asset management, satellite navigation, infotainment, insurance telematics , telehealth solutions, remote alarm and monitoring, and others (including emergency warning systems and wireless vehicle safety communication). Commercial telematics caters to a number of end-use industries including transportation and logistics, healthcare, construction, government and utilities, insurance, and manufacturing. The global commercial telematics market was valued at USD 14.67 billion in 2013 and is expected to grow at a CAGR of 18.0% during the forecast period 2014 – 2020. OEM telematics and aftermarket telematics are the two types of commercial telematics. Further, OEM telematics include embedded OEM systems and hybrid OEM systems; and aftermarket telematics include embedded aftermarket telematics and portable aftermarket telematics. OEM telematics are already installed in vehicles by automobile manufacturers whereas afterm...