DUBLIN, September 23, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/8hfbks/global_commercial) has announced the addition of the "Global Commercial Vehicle Telematics Market 2014-2018" report to their offering.
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Telematics is the term used to refer to the wireless connectivity between a vehicle and a telecommunication infrastructure. Telematics is an integrated technology where telecommunication and IT technologies are combined to provide a single solution. Telematics uses telecom equipment to send, receive, or store information in a vehicle.
Telematics connectivity can be machine-to-machine or machine-to-human. It can be either integrated with the communication systems of a vehicle or can be used separately and operated using mobile applications. Telematics is used for applications such as vehicle tracking, satellite navigation. It also plays a major role in providing improved security to drivers and passengers.
The analysts forecast the Global Commercial Vehicle Telematics market to grow at a CAGR of 16.57 percent over the period 2013-2018.
This report covers the present scenario and the growth prospects of the Global Commercial Vehicle Telematics market for the period 2014-2018. The three types of commercial vehicle telematics systems available in the market are: embedded telematics systems, portable telematics systems, and smartphone-based telematics systems. The report discusses fleet operation costs and benefits of fleet management systems, along with the cost distribution of different types of commercial telematics systems.
The report, the Global Commercial Vehicle Telematics Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and APAC regions; it also covers the Global Commercial Vehicle Telematics market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
The increased use of cloud-based telematics makes the telematics devices more dynamic. Embedded cloud computing offering large space for data storage, easy access, and security is evolving in commercial vehicle telematics. Cloud-based telematics such as Google Maps with on-board digital maps and content will be able to operate on a standalone basis; the use of cloud-based navigation content will provide better performance and accuracy.
According to the report, need for efficient data management is one of the main factors driving this market. The demand for telematics systems to handle the data effectively is growing. Fleet operators receive data related to daily operations through various channels such as documents from their workers and technicians, bills for fuel consumed, and reports such as work order performance. They need to collect these data and use them effectively to manage their fleets. Therefore, fleet operators are progressively using telematics systems to effectively handle their data as this also helps in decision making.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Market Landscape
07. Geographical Segmentation
08. Buying Criteria
09. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Trends and their Impact
15. Vendor Landscape
16. Key Vendor Analysis
17. Other Reports in this Series
Companies Mentioned:
For more information visit http://www.researchandmarkets.com/research/8hfbks/global_commercial
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
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